Summarize this content to 2000 words in 6 paragraphs
Last updated:
August 9, 2024 06:49 EDT
Author
Julia Smith
Author
Julia Smith
About Author
Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.
Share
Last updated:
August 9, 2024 06:49 EDT
Why Trust Cryptonews
With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on. Our veteran team of journalists and analysts combines in-depth market knowledge with hands-on testing of blockchain technologies. We maintain strict editorial standards, ensuring factual accuracy and impartial reporting on both established cryptocurrencies and emerging projects. Our longstanding presence in the industry and commitment to quality journalism make Cryptonews a trusted source in the dynamic world of digital assets. Read more about Cryptonews
Presumptive Democratic nominee Kamala Harris and Republican nominee Donald Trump are officially tied in a Polymarket bet predicting the 2024 U.S. presidential election winner, the prediction market’s website shows.Polymarket Bet Shows Candidates Tied According to a bet entitled “Presidential Election Winner 2024,” Trump and Harris are tied, with each receiving 49 percent of the vote. The remaining 2 percent of votes have gone to several notable U.S. political figures with slim odds of winning this year’s election given the fact that some are not even running. Names in this category include former first lady Hillary Clinton, Senator Elizabeth Warren (D-MA), and third-party candidate Robert F. Kennedy Jr.According to the Wall Street Journal, Trump at times trailed Harris by an entire percentage at points on Thursday, the first time he formally has been behind the current U.S. vice president since polling on the prediction market began.But it’s not just Polymarket betting trends the former reality television has to worry about.Harris is now leading several of the latest national polls, a first since U.S. President Joe Biden announced his withdrawal from the race last month.The two Oval Office hopefuls will go head to head in a televised debate on ABC News on September 10, marking the first time the two leading challengers will debate following Biden’s dismal showing against Trump this past June.Crypto Politics Intensify Over Donald Trump, Kamala Harris RaceWith 20% of voters in this year’s swing states noting that crypto is a major issue when considering which candidate to vote for, digital assets are already playing a critical role in this year’s election cycle.Trump has long appeared to be the crypto-friendly candidate, telling audiences at Bitcoin Conference 2024 in Nashville last month that he aspires to make the United State the “crypto capital of the planet.”However, recent efforts from Democratic crypto collective backing Harris may be set to topple Trump’s white-knuckle grip on the blockchain sector as a whole.
Crypto is building a movement to support Kamala Harris. A group of industry leaders, policy experts, and everyday crypto-enthusiasts are organizing to back Harris while pushing for a nuanced policy stance that positions America as a leader in digital assets.— Crypto4Harris (@Crypto4Harris) August 6, 2024
The newfound Crypto For Harris campaign is slated to host its first town hall next Wednesday featuring billionaire Mark Cuban, former White House communications director Anthony Scaramucci, and several top U.S. lawmakers where they are expected to discuss how members of the digital asset community can support Harris ahead of November.“Crypto is building a movement to support Kamala Harris,” the digital asset group said in an August 6 X post. “A group of industry leaders, policy experts, and everyday crypto-enthusiasts are organizing to back Harris while pushing for a nuanced policy stance that positions America as a leader in digital assets.”Whether or not crypto will tip the presidential candidates’ dead heat tie remains to be seen.