Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Sen. J.D. Vance , who is pushing to revamp crypto regulation, has a 29% chance of becoming former President Donald Trump's running mate.Trump is expected to announce his pick for vice president next week, according to reports., has a 29% chance of becoming former President Donald Trump’s running mate, according to traders on crypto-based prediction market platform
Vance's odds of being nominated for vice president by the GOP have more than doubled from 14% a week ago on the platform, which settles bets in USDC, a stablecoin, or cryptocurrency that trades 1:1 with the U.S. dollars. The"Hillbilly Elegy" author and venture capitalist now has the second-highest odds of getting the Republican veep nomination among 25 possibilities offered in a Polymarket contract that has garneredThe leading bet, however, is that another man not listed among the choices will get the nod, with a 33% probability.
Traders can buy"yes" or"no" shares for each candidate. Each share pays out $1 in USDC if the prediction comes true, and zero if not, so the market price represents the probability of the forecasted outcome.with $7.6 million in bets puts North Dakota Governor Doug Burgum in the lead among 14 possibilities with 30% odds.
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