Republican

Donald Trump

Kamala Harris (kamalaharriscoin.com)

Kamala Harris (kamaharris.fun)

<p class="is-style-lead">Polymarket users are increasingly confident of Democratic candidate Kamala Harris becoming president following a key announcement.</p> 
<p>Polymarket bettors <a href="https://polymarket.com/event/presidential-election-winner-2024/will-donald-trump-win-the-2024-us-presidential-election?tid=1722960275981" target="_blank" rel="">heaped</a> more wagers on Kamala Harris beating former president Donald Trump on the ballot after she picked Minnesota governor Tim Walz as her Vice President.&nbsp;</p> 
<p>The odds of Kamala Harris winning this year’s presidential election reached an all-time high of 46% on Polymarket after Democrats <a href="https://crypto.news/harris-selects-crypto-cautious-tim-walz-as-vp-candidate-per-reports/" target="_blank" rel="noreferrer noopener">revealed</a> the crypto-skeptic running mate.</p> 
<p>The “Presidential Election Winner 2024” bet is by far Polymarket’s largest election prediction pool, with over $508 million spent on buying what the platform calls outcome shares. Shares tipped in Trump’s favor traded for 53 cents with a 53% chance of a Republican victory. Over $64.7 million in bets were placed on this outcome against $50.8 million in wagers on Harris.</p> 
<figure class="wp-block-image size-full">
 <picture loading="lazy" decoding="async" class="wp-image-14289852"> 
  <source type="image/webp" srcset="https://crypto.news/app/uploads/2024/08/GUTi_r1WgAAiTH3.jpg.webp"> 
  <img loading="lazy" decoding="async" width="1510" height="1518" src="https://crypto.news/app/uploads/2024/08/GUTi_r1WgAAiTH3.jpg" alt="Polymarket: Harris' odds up to 46% after Walz VP pick - 27"> 
 </picture> 
 <figcaption class="wp-element-caption">
  2024 presidential election forecast on Aug. 6 | Source: <a href="https://crypto.news/what-is-polymarket/" target="_blank" rel="noreferrer noopener">Polymarket</a>
 </figcaption>
</figure> 
<p> You might also like: <a href="https://crypto.news/harris-selects-crypto-cautious-tim-walz-as-vp-candidate-per-reports/"> Harris selects crypto-cautious Tim Walz as VP candidate, per reports </a> </p> 
<h2 class="wp-block-heading" id="polymarket-and-industry-react-to-harris-walz-dem-ticket">Polymarket and industry react to Harris-Walz Dem ticket</h2> 
<p>Although Harris’ odds increased after picking Walz, the Minnesota governor has not shown a pro-crypto opinion.&nbsp;Conversely, as VanEck’s head of digital asset research, Matthew Sigel, pointed out, Walz pressed for stricter crypto regulatory policies to protect America’s economic and financial stability.</p> 
<p>Crypto social media sentiment seemed to regard the move as bearish since Walz has partially scrutinized digital assets or avoided commenting on the industry altogether.&nbsp;After President Joe Biden’s regime oversaw the longest crypto crackdown, a growing voter bloc may seek a different approach from the White House.&nbsp; </p> 
<p>The industry is somewhat divided between Trump’s lofty Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noreferrer noopener">BTC</a>) promises and chances that a potential Harris-led administration may reconsider its interaction with the burgeoning crypto ecosystem by repairing ties.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">VP Pick Governor Tim Walz of MN has advocated for stricter crypto regulations to ensure the financial system’s security &amp; stability &amp; protect consumers from potential fraud &amp; abuse.</p>— matthew sigel, recovering CFA (@matthew_sigel) <a href="https://twitter.com/matthew_sigel/status/1820826581515796568?ref_src=twsrc%5Etfw" target="_blank" rel="">August 6, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p> Read more: <a href="https://crypto.news/why-is-donald-trump-calling-on-the-government-not-to-sell-bitcoin/"> Why is Donald Trump calling on the government not to sell Bitcoin? </a> </p>

Polymarket: Harris’ odds up to 46% after Walz VP pick

Table of Contents

crypto.news

Other articles published on Aug 6, 2024

Choose your crypto exchange wisely for best returns

Russia Advances Crypto and Mining Regulations as US Sanctions Impact Economy

Crypto Investors Rush To Accumulate New Dogecoin (DOGE) Competitor

Institutional Investors Seize Ethereum Dip, Spot ETF Inflows Surge Amid Market Crash

Chainlink crashes through support: More pain ahead for LINK investors?

ONDO Jumps 30% After Big Perpetual Listing

Join our free newsletter for daily crypto updates!