Breaking News
June 1, 2025 - Manchester United Sign Matheus Cunha from Wolves in £62.5m Transfer Deal June 1, 2025 - Summer Transfer Window: Major Men's Soccer Signings Graded June 1, 2025 - Poland's Presidential Election in Neck-and-Neck Race June 1, 2025 - Riots in Paris with Over 130 Arrests Following Champions League Final June 1, 2025 - Three Dead in Hospital Fire in Hamburg June 1, 2025 - Chaos in Paris Surrounding Champions League Final Leads to Clashes and Arrests June 1, 2025 - USWNT's Thompson and Cooper Shine in Victory Over China June 1, 2025 - Saudi Pro League in Talks with Lionel Messi for Transfer Move June 1, 2025 - Inter Miami CF vs. Columbus Crew: May 31, 2025 MLS Game Stats and Leaders June 1, 2025 - US Envoy 'Utterly Dissatisfied' with Hamas Response to Peace Plan in Gaza Strip
  • HotRecentNews.com
  • World
  • Politics
  • Sports
  • Entertainment
  • Science
  • Technology
  • Health
  • Columbus
HotRecentNews.com
Menu
  • World

  • Politics

  • Sports

  • Entertainment

  • Science

  • Technology

  • Health

  • Columbus

Home / World / Cryptocurrency Traders Betting on Trump's Return to the White House

Cryptocurrency Traders Betting on Trump's Return to the White House

Cryptocurrency Traders Betting on Trump's Return to the White House
No Comments 11
Facebook X
World November 6, 2024 05:10

amsterdam - Cryptocurrency traders are increasingly confident that Donald Trump will return to the White House as preliminary election results come in, leading to a surge in betting markets favoring the former president.

Cryptocurrency traders are becoming more and more certain that former President Donald Trump will make a comeback to the White House as initial election results start to trickle in. PredictIt, a platform where you can buy 'shares' between 1 and 99 cents, was selling a 'share' of Trump at 87 cents. Similar platforms like Robinhood, Smarkets, and Interactive Brokers were showing the same percentages.

Amidst the uncertainty surrounding the election outcome, the price of Bitcoin has started a rally towards an all-time high. Since this summer, Trump has emerged as a vocal supporter of cryptocurrency, aiming to make the United States the 'crypto capital of the world' and a 'bitcoin superpower' if he returns to the White House in November. The last 24 hours saw the digital currency surge by over 5,000 euros in value.

Although the betting sites have faced criticism for potentially influencing public opinion, the sudden spikes in Trump's odds coincide with major bets being placed, such as a $50 million bet on Polymarket believed to have been made by a Frenchman earlier in October.

NEW Greta Thunberg Joins Humanitarian Aid Ship from Italy to Gaza

Leave a comment Cancel

reload

Trending Now

  • Today
  • Yesterday
  • Month
  • Comments
  • 1

    Manchester United Eye Pedro Goncalves as Bruno Fernandes Replacement

    June 1, 2025
  • 2

    Two Dead and Hundreds Arrested in France Following Champions League Final Celebrations

    June 1, 2025
  • 3

    Antony Bids Farewell to Real Betis as He Returns to Manchester United

    June 1, 2025
  • 4

    LAFC Secures Club World Cup Spot with Dramatic Win Over Club America

    June 1, 2025
  • 5

    Greta Thunberg Joins Humanitarian Aid Ship from Italy to Gaza

    June 1, 2025
  • 1

    Houston Dash Transfers Diana Ordóñez to Tigres in Mexico

    May 31, 2025
  • 2

    Everton Completes Permanent Signing of Carlos Alcaraz from Flamengo

    May 31, 2025
  • 3

    Inter Milan vs. PSG: Unique UCL Final Breaks Long-Standing Tradition

    May 31, 2025
  • 4

    UEFA Champions League Final: PSG vs. Internazionale Live Updates

    May 31, 2025
  • 5

    Paris Saint-Germain Clinch First Champions League Title with Record Win

    May 31, 2025
  • 1

    Tourist Impaled by Railing After Climbing Over Fence at Colosseum

    May 4, 2025
  • 2

    Mystery of 'Lost German Girl' Persists Eighty Years Later

    May 7, 2025
  • 3

    Ukrainian War Survivors Featured in Playboy: Embracing Beauty and Resilience

    May 9, 2025
  • 4

    Former Putin Advisor Accidentally Reveals Russian Military Losses in Ukraine War

    May 22, 2025
  • 5

    Gigantic 'Bird-Like Object' Spotted Near the Sun by Russian Astronomers

    May 26, 2025
Hot Recent News
The HOTRECENTNEWS.com is not responsible for the content of external sites.

SEARCH

  • World News

Back to Top