U.S. Election Betting: Kalshi's Polymarket Rival Quickly Gets TractionTesla Is Moving Bitcoin; Trump-Supported Token Falls Flat

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Massive Betting on Elections: $30 Million and Counting

Prediction markets are buzzing with over $30 million in bets as the U.S. election cycle nears its end. Kalshi has launched its betting platform following a court win, but it's still playing catch-up to Polymarket, which has already seen over $2 billion in bets. The excitement is real!

Trump's Crypto Influence: DeFi Tokens on the Rise

Donald Trump’s backing of a new crypto project is making waves, sending Bitcoin prices soaring above $65K. He’s even name-dropped Polymarket at rallies, giving it some serious clout among bettors and crypto enthusiasts alike. Get ready for the next wave in digital currency!

Swing State Shenanigans: Discrepancies in Betting Contracts

There’s a curious disconnect in predictions for swing states. While Polymarket shows Trump winning most states comfortably, there’s an odd contract implying otherwise. It's a reminder that not all betting markets are aligned—keep your eyes peeled for potential arbitrage opportunities!

Betting Sizes Reveal Market Trends: Who's Wagering Big?

Analysis shows that while many bets are small (between $10-$50), a handful of big players are shaking things up with hefty wagers over $100,000. This raises questions about market manipulation and whether these “whales” really sway outcomes. Spoiler alert: they might not be as powerful as you think!

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