Polymarket Projects a GOP House, Clinching Trump Trifecta
Polymarket, the crypto-based forecast market whose increase this year was vindicated by the governmental election outcomes, is now indicating that the Republicans will probably maintain control of your house of Representatives.Since Wednesday afternoon in New York, "Democratic" shares for Polymarket's "House control after 2024 election?" agreement were trading at 1 cent, suggesting traders see just a 1% opportunity of the celebration reclaiming the chamber. Each share pays $1 (in USDC, a stablecoin, or cryptocurrency that normally trades one-for-one with dollars) if the forecast becomes a reality, and zilch if not.02:31Bitcoin Hits Record High as Donald Trump Wins U.S. Election24:55Crypto Under a New Administration: Regulatory Outlook From Coinbase's Paul Grewal01:35Why Bitcoin Will Be the...