Election 2024


Finance

Fortune Claims Polymarket Is 'Rife' With Wash Trading

As much as a third of the prediction market's volume is inflated by traders acting as the buyer and seller — an illegal practice in TradFi — on the same trades, Fortune reported. Some could be doing it to farm a future token airdrop.

Funny portrait of a welsh corgi pembroke dog showering with shampoo.  Dog taking a bubble bath in grooming salon.

Policy

Crypto Ghosted in U.S. Treasury Department's New Strategy on Financial Inclusion

The report touts strategies to connect people with financial tools, but the only mention of crypto refers to its risks – a contrast to Kamala Harris' positive tone on the campaign trail.

The U.S. Treasury Department's financial crimes arm reported on the use of bitcoin in human trafficking and other global crimes. (Jesse Hamilton/CoinDesk)

Markets

Dogecoin Jumps 10%, Outperforming on Trump Popularity as Bitcoin Nears $70K

Bitcoin's "bullish setup" into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.

Dogecoin (DOGE) price on Oct. 28 (CoinDesk)

Policy

Crypto Policy Didn't Occupy the Spotlight in Elections in Austria, Georgia

Elections in Georgia were more focused on whether or not the country should align further with the European Union or Russia.

Voting booths (Philip Oroni / Unsplash)

Policy

Activist Group Says Kalshi’s Election Market Should Be Shut Due to 'Manipulative' Whales

Better Markets is using Polymarket's "French connection" as ammo against the prediction market's regulated competitor.

Los Angeles, CA - March 05: A poll worker moves a ballot box as voters to arrive and cast ballots inside the cavernous lobby of the Metro Headquarters Building on Tuesday, March 5, 2024 in Los Angeles, CA. (Brian van der Brug / Los Angeles Times via Getty Images)

Markets

Trump Polymarket Odds Briefly Dip After His No. 2 Bull Adds Bet on Harris

The former president's probability of retaking the White House slid to 59% Wednesday before rebounding.

GREENSBORO, NORTH CAROLINA - OCTOBER 22: Republican presidential nominee, former U.S. President Donald Trump dances on stage after speaking at a campaign rally at the Greensboro Coliseum on October 22, 2024 in Greensboro, North Carolina. With 14 days to go until Election Day, Trump continues to crisscross the country campaigning to return to office. (Photo by Anna Moneymaker/Getty Images)

Opinion

Andy Barr's 'Vision' for House Financial Services

The Kentucky lawmaker is running to succeed crypto-advocate Patrick McHenry as chair of the powerful U.S. House Financial Services Committee.

Rep. Andy Barr (Nikhilesh De/CoinDesk)

News Analysis

Gary Gensler's Contentious Reign Over Crypto Approaches Its Twilight

The U.S. SEC chair has arguably been the individual with the greatest influence over the direction of America's crypto policies, but his days atop the agency are numbered.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Policy

Ripple Co-Founder Larsen Flooding Kamala Harris' Election Effort With XRP

Chris Larsen has donated more than $11 million to the vice president's election effort, sending millions worth of the crypto token to the Democratic super PAC Future Forward, according to his comments and federal records.

Ripple co-founder Chris Larsen said he's backing Vice President Kamala Harris' election effort with $10 million in XRP.

Finance

Crypto ETFs Look Unlikely to Expand Beyond Bitcoin, Ether Under Kamala Harris, Experts Say

Several prospective issuers have filed to launch exchange-traded funds tracking smaller coins like Ripple's XRP or Solana (SOL), but the trajectory of those applications may lie with American voters.

More crypto ETFs, including current applications for an XRP or solana ETF, might not ever be approved if Kamala Harris beats Donald Trump in the presidential election, two ETF experts said. (Brandon Bell/Getty Images)