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Gemini Predicted has the latest on the LA Mayoral race between Karen Bass and challenger Nithya Raman, the Golden Knights Stanley Cup chances and how Bitcoin has failed to sustain a rally.
| Bass surges in LA mayor race: Incumbent Los Angeles mayor Karen Bass and challenger Nithya Raman appear poised to face each other in a run-off race this fall after both candidates pulled ahead of former reality television star Spencer Pratt in the LA mayor primary race this weekend. Pratt had waged an effective campaign to put himself in the mix, with his odds in the 30% range over the past month, but he ultimately fell short of cracking the top two in the Democratic stronghold city. As of Tuesday afternoon, Bass had a 60% chance of being re-elected. Trade the LA mayor race here. |
| Bitcoin fails to sustain rally: The price of bitcoin pushed toward $64,000 on Monday, pushing back from last week’s sell-off amid some renewed optimism crypto prices could now push higher. But bitcoin quickly dropped back toward $61,000 on Tuesday, dampening hopes of a longer rally as the broader tech market retreated. Still, bitcoin traders appear somewhat optimistic prices could climb higher this month, giving the top cryptocurrency a 52% chance it ends the month of June above $62,500. Trade monthly bitcoin contracts here. |
| Golden Knights remain Stanley Cup favorites: The Las Vegas Golden Knights are on the verge of their second Stanley Cup win in less than a decade since their founding. Over the weekend, Golden Knights topped the Carolina Hurricanes 5-4 in double overtime, with Shea Theodore scoring the game winner, after Vegas surrendered a four-goal lead in the third period. Vegas now leads the series 2-1 entering Game 4 on Tuesday night, with traders giving the club a 78% of winning the Stanley Cup. Pick the Stanley Cup champion here. |