Coinbase’s midterm election dashboard puts the odds of Democrats taking control of the Senate at 70%, with a seat forecast of 50 to 48 and two races still up in the air.

These prediction market odds are based on real money being put on the line.

Who controls the Senate directly affects the pace of crypto legislation. Bills have been stalled in the Senate for the past two years; who’s in charge and who sets the agenda matters more than how many times people say “支持 crypto.”

Watch for two signals: first, whether the odds on dashboards like Coinbase’s shift with the election outlook; second, which way money is flowing in the two closely contested races. 70% isn’t a done deal.

#Market Analysis