At current prices, a $10,000 punt on Harris could equal a $25,000 payout if she wins the U.S. presidential election.

A tracker for market sentiment reached “extreme greed” levels on Thursday, which has historically preceded market corrections.

The $410 million fund is also available on Stellar, Aptos, Avalanche, Arbitrum and Polygon.

The U.S. presidential election is an important short-term catalyst for Coinbase and the wider industry, and could lead to more regulatory clarity, analysts said.

The outside group of Wall Street leaders that guides the Treasury’s debt management, the Treasury Borrowing Advisory Committee, shared views on tokenized debt and warned about Tether.

As much as a third of the prediction market’s volume is inflated by traders acting as the buyer and seller — an yasa dışı practice in TradFi — on the same trades, Fortune reported. Some could be doing it to farm a future token airdrop.