In a weekend twist, US Vice President Kamala Harris has overtaken Donald Trump on Polymarket, with her odds of winning the upcoming presidential election climbing to 52%.
Latest crypto news reveals that the U.S. election remains the most active prediction market on Polymarket, with the platform seeing over $572 million in trading volume.
Over the weekend, Donald Trump’s chances of winning the November election slipped to 46%, down from a strong 70% in mid-July.
As crypto becomes a hotter topic in election discussions, Harris’ team has started engaging with the crypto industry. Although Harris and her running mate Tim Walz have yet to address cryptocurrency directly, Trump has consistently voiced his support for Bitcoin.
Notably, Minnesota, where Walz served as governor, passed legislation to strengthen regulation of cryptocurrency kiosks, according to AARP.
The grassroots organization Crypto4Harris is planning a town hall on Wednesday, featuring speakers like Crypto Council for Innovation CEO Sheila Warren and billionaire Mark Cuban. “Crypto is building a movement to support Kamala Harris,” Crypto4Harris announced on X, highlighting efforts by industry leaders, policy experts, and crypto enthusiasts to back Harris and advocate for a balanced approach to digital asset policy.
Meanwhile, Trump recently argued against the U.S. selling its cryptocurrency, emphasizing the need to focus on development instead, especially with competitors like China advancing in the space. Trump is also scheduled for a live conversation with Elon Musk on X at 8:00 p.m. ET on Monday.
In other latest news in cryptocurrency, last week Donald Trump Jr. had announced plans for a new DeFi cryptocurrency platform aimed at addressing inequality in banking access.
