Democratic presidential candidate Harris sees support in prediction market reach new high

Recently, U.S. Democratic presidential candidate Kamala Harris saw her victory probability on a certain prediction market rise to a historic high of 45%, before slightly retreating to 44%. Meanwhile, the support rate of her main competitor has dropped to 54%, a significant decline from nearly 71% in mid-July.

There are multiple factors worth noting behind this change. First, more than 200 venture capitalists have recently publicly expressed their support for Harris taking over the White House. They believe that a strong and reliable system is crucial for the healthy development of Silicon Valley and the entire industry.

Secondly, the Harris camp appears to be actively engaging with the cryptocurrency industry. It is reported that representatives from their campaign team will attend a roundtable meeting next week to communicate with industry executives. Some believe this may be to differentiate their stance on crypto policy from other candidates.

In the venture capital supporting Harris, there are many well-known figures from the crypto industry. For example, the founder of a well-known angel investment fund that has invested in several prominent crypto companies; a female managing partner of a large venture capital firm whose portfolio includes 24 crypto enterprises; and a famous entrepreneur who has invested in 20 blockchain companies, among others.

In addition, a former CEO of a US cryptocurrency exchange has also expressed support for Harris. He hopes to garner support from the cryptocurrency industry for the Democratic Party and believes Harris has sent positive signals to the industry. The former CEO revealed that he, along with other organizations, drafted a strategic document and has shared it with the Harris team, and is currently awaiting a response.

However, Harris's shift has also raised some doubts. Some Republican lawmakers pointed out that this might just be an electoral strategy, contradicting the previous administration's policies. He believes that the crypto community aligns more with Republican values and is unlikely to be influenced by Harris's change in stance.

Overall, whether Harris will publicly express her stance on cryptocurrencies will be an important factor influencing the trajectory of the US election. This topic is worth continued attention.