COINDESK DAILY: Biden's Exit Spurs $28M Daily Volume on Polymarket; Swan Bitcoin Drops IPO Plans
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 23 July 2024
⏱️ 3 minutes
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| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
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| 0:43.9 | Wondery UK. That's audible.com slash Wondery UK. |
| 0:49.7 | Polymarket volume surges on Biden's dropout and swan Bitcoin halt its plans for an IPO. |
| 0:55.6 | This is Coin Desk Daily. I'm your host, Jen Sanassi. |
| 1:03.6 | President Joe Biden's decision to drop out from the presidential race just a month before the Democratic National Convention has fueled the surge in polymarket volume. |
| 1:12.4 | According to data from Dune Analytics Daily Volume on the platform pushed past a record $28 million |
| 1:17.8 | as bettors rushed to take a position on the presidential race. |
| 1:22.3 | Betts on the U.S. presidential election winner rocketed past $300 million, |
| 1:26.9 | while the punters have put $200 million in a market |
| 1:29.9 | for the potential Democrats nominee and $10 million for the party's VP. |
| 1:34.4 | The U.S. government has transferred 58.742 Bitcoin worth nearly $4 million to Coinbase. |
| 1:41.2 | That's according to data tracked by Arkham Intelligence. |
| 1:43.7 | The transfer originated from an address labeled U.S. government to data tracked by Arkham Intelligence. The transfer originated from |
| 1:45.5 | an address labeled U.S. government, Ryan Farrasi seized funds. Like the name stated, the funds were |
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