New York City mayoral candidate Zohran Mamdani is leading in a Polymarket poll amid opponent Andrew Cuomo’s pledge to make the metropolis a crypto hub.
Zohran Mamdani Continues Strong Lead on Polymarket
According to the poll labeled “New York City Mayoral Election,” 93% of participating Polymarket bettors believe Mamdani will assume his office as mayor following next month’s election.
Meanwhile, just 6% of participating Polymarket bettors predict that former governor Andrew Cuomo will become New York City’s next mayor.
Republican candidate Curtis Sliwa is trailing behind with just 1% of the votes on the decentralized prediction platform.
Cuomo Campaigns on Crypto Pledge With Just Weeks to Go
The poll’s latest figures come just one day after Cuomo announced that his administration would establish a chief innovation officer position in a bid to “ensure New York City remains the global leader in business, technology, and job creation.”
If elected, Cuomo said the role would be filled “in consultation with the recommendations of an innovation council” that would consist of key players in the fields of crypto, AI, and biotech.
“New York has always been the city that leads,” said Andrew Cuomo. “We built the tallest skyscrapers, became the financial center of the world and were the birthplace for the labor movement, the civil rights movement and the LBGTQ rights movement.
“The next Mayor must make sure we’re also leading in the technologies that will define the next century—AI, blockchain, and biotech,” he added. “That’s what this position is about: Keeping New York City not just competitive, but dominant in the global innovation economy.”
A new poll from AARP and Gotham Polling puts Mamdani in the lead at 43.2% while Cuomo boasts just 28.9% of the vote.
With just weeks to go until the election, it is still unclear if Cuomo’s embrace of the crypto sector will help him win an unexpected victoryNew York City mayoral candidate Zohran Mamdani is leading in a Polymarket poll amid opponent Andrew Cuomo’s pledge to make the metropolis a crypto hub.
Zohran Mamdani Continues Strong Lead on Polymarket
According to the poll labeled “New York City Mayoral Election,” 93% of participating Polymarket bettors believe Mamdani will assume his office as mayor following next month’s election.
Meanwhile, just 6% of participating Polymarket bettors predict that former governor Andrew Cuomo will become New York City’s next mayor.
Republican candidate Curtis Sliwa is trailing behind with just 1% of the votes on the decentralized prediction platform.
Cuomo Campaigns on Crypto Pledge With Just Weeks to Go
The poll’s latest figures come just one day after Cuomo announced that his administration would establish a chief innovation officer position in a bid to “ensure New York City remains the global leader in business, technology, and job creation.”
If elected, Cuomo said the role would be filled “in consultation with the recommendations of an innovation council” that would consist of key players in the fields of crypto, AI, and biotech.
“New York has always been the city that leads,” said Andrew Cuomo. “We built the tallest skyscrapers, became the financial center of the world and were the birthplace for the labor movement, the civil rights movement and the LBGTQ rights movement.
“The next Mayor must make sure we’re also leading in the technologies that will define the next century—AI, blockchain, and biotech,” he added. “That’s what this position is about: Keeping New York City not just competitive, but dominant in the global innovation economy.”
A new poll from AARP and Gotham Polling puts Mamdani in the lead at 43.2% while Cuomo boasts just 28.9% of the vote.
With just weeks to go until the election, it is still unclear if Cuomo’s embrace of the crypto sector will help him win an unexpected victory
Zohran Mamdani Sees Odds Rise To 93% On Polymarket Amid Cuomo’s Crypto Pledge
New York City mayoral candidate Zohran Mamdani is leading in a Polymarket poll amid opponent Andrew Cuomo’s pledge to make the metropolis a crypto hub.
Zohran Mamdani Continues Strong Lead on Polymarket
According to the poll labeled “New York City Mayoral Election,” 93% of participating Polymarket bettors believe Mamdani will assume his office as mayor following next month’s election.
Meanwhile, just 6% of participating Polymarket bettors predict that former governor Andrew Cuomo will become New York City’s next mayor.
Republican candidate Curtis Sliwa is trailing behind with just 1% of the votes on the decentralized prediction platform.
Cuomo Campaigns on Crypto Pledge With Just Weeks to Go
The poll’s latest figures come just one day after Cuomo announced that his administration would establish a chief innovation officer position in a bid to “ensure New York City remains the global leader in business, technology, and job creation.”
If elected, Cuomo said the role would be filled “in consultation with the recommendations of an innovation council” that would consist of key players in the fields of crypto, AI, and biotech.
“New York has always been the city that leads,” said Andrew Cuomo. “We built the tallest skyscrapers, became the financial center of the world and were the birthplace for the labor movement, the civil rights movement and the LBGTQ rights movement.
“The next Mayor must make sure we’re also leading in the technologies that will define the next century—AI, blockchain, and biotech,” he added. “That’s what this position is about: Keeping New York City not just competitive, but dominant in the global innovation economy.”
A new poll from AARP and Gotham Polling puts Mamdani in the lead at 43.2% while Cuomo boasts just 28.9% of the vote.
With just weeks to go until the election, it is still unclear if Cuomo’s embrace of the crypto sector will help him win an unexpected victory.
Market Opportunity
RISE Price(RISE)
$0.006164
$0.006164$0.006164
USD
RISE (RISE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The man accused of stealing $11 million in XRP has filed a countersuit against the widow of American country music singer George Jones.
PANews reported on January 14th that Kirk West, the man suspected of stealing over $11 million worth of XRP from Nancy Jones, the widow of the late American country
Share
PANews2026/01/14 10:51
Crucial Fed Rate Cut: October Probability Surges to 94%
BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 02:25
The long position of 20,000 ETH held by the swing trading whale "pension-usdt.eth" has already yielded a floating profit of $4.55 million.
PANews reported on January 14 that, according to HyperInsight monitoring, as Ethereum rose and broke through $3,300, the long position of 20,000 ETH (approximately
Share
PANews2026/01/14 11:01