Krutika Adani
US Presidential elections have seen wild swings on Polymarket in the last couple of months. However, lately, the scales have tipped towards Donald Trump whose odds have risen to 65%.
Just on Polymarket, three election betting markets have managed to take stakes as high as $3.2 billion.
As US elections approach, Polymarket has started investigations against US-whales who are suspected to use VPNs to bet on the market despite bans.
Crypto markets have recently surged after Donald Trump took decisive lead over Kamala Harris lately.
If Trump wins, the crypto markets could see an much friendly regulator. However, if Kamala wins, markets could see tighter regulations soon.