Republican

Donald Trump

Kamala Harris (kamalaharriscoin.com)

Kamala Harris (kamaharris.fun)

<p class="is-style-lead">Polymarket users are increasingly confident of Democratic candidate Kamala Harris becoming president following a key announcement.</p> 
<p>Polymarket bettors <a href="https://polymarket.com/event/presidential-election-winner-2024/will-donald-trump-win-the-2024-us-presidential-election?tid=1722960275981" target="_blank" rel="">heaped</a> more wagers on Kamala Harris beating former president Donald Trump on the ballot after she picked Minnesota governor Tim Walz as her Vice President.&nbsp;</p> 
<p>The odds of Kamala Harris winning this year’s presidential election reached an all-time high of 46% on Polymarket after Democrats <a href="https://crypto.news/harris-selects-crypto-cautious-tim-walz-as-vp-candidate-per-reports/" target="_blank" rel="noreferrer noopener">revealed</a> the crypto-skeptic running mate.</p> 
<p>The “Presidential Election Winner 2024” bet is by far Polymarket’s largest election prediction pool, with over $508 million spent on buying what the platform calls outcome shares. Shares tipped in Trump’s favor traded for 53 cents with a 53% chance of a Republican victory. Over $64.7 million in bets were placed on this outcome against $50.8 million in wagers on Harris.</p> 
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  2024 presidential election forecast on Aug. 6 | Source: <a href="https://crypto.news/what-is-polymarket/" target="_blank" rel="noreferrer noopener">Polymarket</a>
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<p> You might also like: <a href="https://crypto.news/harris-selects-crypto-cautious-tim-walz-as-vp-candidate-per-reports/"> Harris selects crypto-cautious Tim Walz as VP candidate, per reports </a> </p> 
<h2 class="wp-block-heading" id="polymarket-and-industry-react-to-harris-walz-dem-ticket">Polymarket and industry react to Harris-Walz Dem ticket</h2> 
<p>Although Harris’ odds increased after picking Walz, the Minnesota governor has not shown a pro-crypto opinion.&nbsp;Conversely, as VanEck’s head of digital asset research, Matthew Sigel, pointed out, Walz pressed for stricter crypto regulatory policies to protect America’s economic and financial stability.</p> 
<p>Crypto social media sentiment seemed to regard the move as bearish since Walz has partially scrutinized digital assets or avoided commenting on the industry altogether.&nbsp;After President Joe Biden’s regime oversaw the longest crypto crackdown, a growing voter bloc may seek a different approach from the White House.&nbsp; </p> 
<p>The industry is somewhat divided between Trump’s lofty Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noreferrer noopener">BTC</a>) promises and chances that a potential Harris-led administration may reconsider its interaction with the burgeoning crypto ecosystem by repairing ties.</p> 
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   <p lang="en" dir="ltr">VP Pick Governor Tim Walz of MN has advocated for stricter crypto regulations to ensure the financial system’s security &amp; stability &amp; protect consumers from potential fraud &amp; abuse.</p>— matthew sigel, recovering CFA (@matthew_sigel) <a href="https://twitter.com/matthew_sigel/status/1820826581515796568?ref_src=twsrc%5Etfw" target="_blank" rel="">August 6, 2024</a>
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<p> Read more: <a href="https://crypto.news/why-is-donald-trump-calling-on-the-government-not-to-sell-bitcoin/"> Why is Donald Trump calling on the government not to sell Bitcoin? </a> </p>

Polymarket: Harris’ odds up to 46% after Walz VP pick

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