2024 Election Review: The Rise of Crypto in Politics, Initial Market Reactions, and the Success of Prediction Markets
We begin by situating crypto’s role this election and how the major candidates approached crypto policy. Following, this we examine the success of prediction markets in providing more reliable estimates of the odds of winning the election than polls and calling the election before major media outlets. Finally, we dive deep into the crypto markets’ reaction to the election, highlighting price action and providing scenarios for what’s to come for crypto.
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