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  • Aug 01, 2024

Vice President Kamala Harris' Chances Up To 43%: Is Her Crypto Pivot Driving The Surge?

Vice President Kamala Harris is making a strategic pivot towards the cryptocurrency sector, even as prediction markets show her facing an uphill battle in the 2024 presidential race. What Happened: According to prediction market platform Polymarket, Harris currently holds a 43% chance of winning the presidency, trailing behind Donald Trump’s 55% odds. This recalibration of her stance on digital assets comes at a crucial juncture, as her campaign seeks to galvanize support from Silicon Valley’s i

  • Aug 01, 2024

Coinbase's second-quarter revenue surges on crypto trading revival

Crypto markets have gotten a shot in the arm this year from the U.S. Securities and Exchange Commission's approval of an exchange-traded fund to track the spot price of bitcoin and more recently, ether, the second-biggest crypto token. Shares in the crypto exchange rose 2.2% in extended trading after results. Coinbase's total transaction revenue climbed to $780.9 million in the second quarter, compared with $327.1 million in the year-ago quarter.

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