Cryptocurrency bettors continue to back a Democratic sweep in the upcoming midterms, as California Gov. Gavin Newsom (D) forecast a “Blue Tsunami” on Thursday.
Newsom Says Trump Ain’t Backing Down
Newsom shared a clip on X from his appearance on the Jimmy Kimmel show, where he agreed that President Donald Trump would go “crazier and crazier” after losing Congress and would refuse to “back down.”
“But the early voting numbers are OFF THE CHARTS. A BLUE TSUNAMI is coming this November,” he expressed optimism. “Get out and VOTE. Let’s TAKE THIS COUNTRY BACK.”
Newsom has been a vocal critic of Trump’s policies, particularly those related to artificial intelligence, surging gasoline and diesel prices, the war with Iran and cryptocurrency projects, including memecoins.
Blue Sweep Coming?
SkyBridge Capital founder Anthony Scaramucci predicted earlier this week that while the Democrats will flip the House, Republicans have a real shot at holding the Senate in a “closer” race.
Prediction markets seem to back Newsom’s optimism. On Polygon (CRYPTO: POL)-based Polymarket, Democrats have a 69% chance of winning both chambers of Congress, up 2 percentage points in a day. Republicans retaining the Senate but losing the House is priced at 25%.
Likewise, Kalshi bettors give Democrats a 66% chance of sweeping the election. The election is scheduled for Nov. 3, while early voting is underway.
Kalshi and Benzinga have an existing data collaboration agreement.
Photo courtesy: Sheila Fitzgerald / Shutterstock
Recent Comments