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CATEGORY: polymarket


Sep 04, 2024 01:10

Polymarket processes $1.4B as NegRisk outshines CTF markets

Polymarket is a prediction market that enables users to speculate on various events by trading on their outcomes. It has positioned itself as one of the most successful DeFi products this year, capitalizing on the ever-growing demand for real-world applications of decentralized platforms. Polymarket users can trade on predictions about anything from political elections to […]

The post Polymarket processes $1.4B as NegRisk outshines CTF markets appeared first on CryptoSlate.

Sep 25, 2024 02:30

$74M Polymarket Deal: Massive Airdrop Incoming?

After its recent $74 million acquisition, Polymarket is now eyeing its native token launch which could lead to one of the largest airdrops in crypto history. There is speculation that the initial snapshot may have already been taken, positioning early adopters for substantial rewards. The highly anticipated token launch could follow a multi-season structure, rewarding […]

CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded

Author: Cointelegraph by Josh O'Sullivan
United States
Sep 24, 2024 12:00

CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded

Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.

Kamala Harris leading in 4 of 6 swing states on Polymarket

Author: Cointelegraph by Vince Quill
United States
Sep 23, 2024 12:00

Kamala Harris leading in 4 of 6 swing states on Polymarket

According to the current Polymarket odds, 77% of participants believe Vice President Kamala Harris is favored to win the popular vote.

Polymarket bets near $1 billion on 2024 election winner, but liquidity hurdles loom

Author: Oluwapelumi Adejumo
United States
Sep 17, 2024 01:10

Polymarket bets near $1 billion on 2024 election winner, but liquidity hurdles loom

Polymarket has accumulated nearly $1 billion in bets on the United States 2024 presidential election winner. Data from the platform currently ranks Vice President Kamala Harris, a Democratic presidential candidate, with a 50% chance of winning, backed by $135 million in wagers. Meanwhile, Republican candidate Donald Trump holds a close 49% chance, with bets totaling […]

The post Polymarket bets near $1 billion on 2024 election winner, but liquidity hurdles loom appeared first on CryptoSlate.

Bloomberg adding Polymarket election data to Terminal

Author: Cointelegraph by Alex O’Donnell
United States
Aug 30, 2024 12:00

Bloomberg adding Polymarket election data to Terminal

The move signals the crypto betting markets growing importance. 

Aug 29, 2024 12:50

What Is Polymarket, and How Does It Work?

Polymarket is a decentralized prediction market platform that uses blockchain technology to enable users to bet on the outcomes of various real-world events. These events...

The post What Is Polymarket, and How Does It Work? appeared first on Cryptocurrency News & Trading Tips Crypto Blog by Changelly.

PayPals PYUSD stablecoin hits $1B market cap

Author: Cointelegraph by Alex O’Donnell
United States
Aug 27, 2024 12:00

PayPals PYUSD stablecoin hits $1B market cap

PYUSD is competing with rivals such as Circles USDC and Tethers USDT.

Drifts BET platform brings prediction markets to Solana blockchain

Author: Oluwapelumi Adejumo
United States
Aug 20, 2024 01:10

Drifts BET platform brings prediction markets to Solana blockchain

DeFi protocol Drift has launched a prediction market called BET on the Solana blockchain, according to an Aug. 19 statement. Drift Protocol co-founder Cindy Leow likened BET’s prediction market to perpetual trading. She explained that, just as perpetual traders bet on potential price changes in crypto, prediction markets allow for financial stakes in the outcomes […]

The post Drift’s BET platform brings prediction markets to Solana blockchain appeared first on CryptoSlate.

Gemini urges CFTC to withdraw proposed rule on event contracts

Author: Cointelegraph by Ciaran Lyons
United States
Aug 11, 2024 12:00

Gemini urges CFTC to withdraw proposed rule on event contracts

Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms cant match.

Polymarket gambler face charges after Taiwan election bet

Author: Cointelegraph by Ezra Reguerra
United States
Jun 19, 2024 12:00

Polymarket gambler face charges after Taiwan election bet

A man in Taiwan faces charges for using the crypto betting platform Polymarket to wager on the 2024 elections.

Jun 18, 2024 05:50

Trump and Biden Likely Wont Shake Hands at Debate, Prediction Market Says

For the uninitiated, in prediction markets, individuals who predict the correct outcome are rewarded with $1 per share, whereas those who guess incorrectly earn nothing. The price of a share indicates the perceived probability of an event; for example, a share priced at 32 cents implies a 32% likelihood of that event occurring. Source: CoinDesk

The post Trump and Biden Likely Won’t Shake Hands at Debate, Prediction Market Says appeared first on Crypto Breaking News.

Polymarket raises $70M from Vitalik Buterin, Founders Fund

Author: Cointelegraph by Josh O'Sullivan
United States
May 15, 2024 12:00

Polymarket raises $70M from Vitalik Buterin, Founders Fund

Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket has secured funding to expand its global operations despite restrictions.

Crypto-Based Prediction Platform Polymarket Predicts Filipino Cardinal Tagle as Top Papal Contender

Author: Shiela Bertillo
Philippines
Apr 24, 2025 02:50

Crypto-Based Prediction Platform Polymarket Predicts Filipino Cardinal Tagle as Top Papal Contender

Cardinal Luis Antonio Tagle is a leading candidate to become the next pope, according to bets on Polymarket, a crypto-powered prediction platform tracking the papal succession after Pope Francis death.

Apr 23, 2024 12:05

Ethereum Spot ETFs Approval Skepticism Persists, As ETH Recovers

Ethereum Spot Exchange-Traded Funds (ETFs) approval odds continue to witness notable pessimism as the cryptocurrency space awaits the United States Securities and Exchange Commission’s (SEC) decision on the products scheduled for May. The expectation surrounding the SEC’s decision highlights how important ETF approval is in terms of giving conventional investors more convenient access to Ethereum’s spot market. Presently, data from Polymarket, the world’s largest prediction market, shows that ETH ETF approval odds have fallen to a mere 11%. Pessimism Deepens As Ethereum ETFs Remain Uncertain As the May deadline draws near, doubt and skepticism loom large on the horizon, casting a dark shadow for the products. One of the most recent figures to voice doubts about the SEC’s willingness to approve the exchange-traded products this May is Nate Geraci, the president of ETF Store. Related Reading: Cloudy Future For Ethereum ETFs Whats Casting Doubt On Their Fate? According to Geraci, the regulatory watchdog is eerily silent on Ethereum spot ETFs. He further suggested that the products might not be approved due to the SEC’s significantly lower level of engagement with ETF issuers than in previous interactions. “Logic says that is correct, but also wonder if SEC learned a lesson from clown show with spot Bitcoin ETFs,” he added. Thus, he has pointed out two possible options for the products, which are either an approval or lawsuit from the Commission. Commenting on the president’s insights, a pseudonymous X user questioned if there is a possibility that activities are taking place behind closed doors in order to avoid disrupting the pre-launch market. Geraci responded, saying he believes that could be possible, drawing attention to Van Eck CEO Jan Van Eck’s review, which might prove otherwise. It is worth noting that Van Eck is one of the earliest firms to submit its application for an Ethereum exchange product. Even though the company was the first to file for an application, Jan Van Eck is pessimistic about the approval of the ETPs, saying they will probably be rejected in May. He stated: The way the legal process goes is the regulators will give you comments on your application, and that happened for weeks and weeks before the Bitcoin ETFs. And right now, pins are dropping as far as Ethereum is concerned. In light of this, investors prepare for an unpredictable result while managing market swings and modifying their investment plans in the face of changing regulations. ETH Price Sees Positive Movement While Ethereum ETFs might be experiencing negative sentiment, ETH, on the other hand, has witnessed a positive uptick lately. ETH has revisited the $3,000 level again after falling as low as $2,888 during the weekend. Related Reading: Ethereum Price Hints At Potential Fresh Rally, Buy The Dip? Today, ETH price rose by over 4%, reaching around $3,234, indicating potential for further price recovery. At the time of writing, Ethereum was trading at $3,215, demonstrating an increase of 1.40% in the past day. Also, the asset’s market cap and trading volume are up by 1.40% and 5.96% in the last 24 hours. Given the anticipated impact of the recently concluded Bitcoin Halving on cryptocurrencies, ETH could be poised for noteworthy moves in the coming months. Featured image from iStock, chart from Tradingview.com

Mar 04, 2024 02:15

Vitalik Buterin Highlights Polymarket's Prediction on Ethereum's Gas Fee Reduction


Vitalik Buterin draws attention to predictions of lowered Ethereum gas fees post-EIP-4844, with market speculation suggesting major cost cuts. (Read More)

Crypto News You May Have Missed This Week | March 29, 2025

Author: Shiela Bertillo
Philippines
Mar 29, 2025 02:50

Crypto News You May Have Missed This Week | March 29, 2025

From U.S SEC resolutions to Studio Ghibli memecoins, here are the news you may have missed this week.

Robinhood leverages Kalshi to expand trading offerings adding prediction markets

Author: Oluwapelumi Adejumo
United States
Mar 18, 2025 01:15

Robinhood leverages Kalshi to expand trading offerings adding prediction markets

Robinhood has launched a dedicated prediction market hub that will allow users to trade contracts based on the outcomes of key global events. According to a March 17 statement, the platform’s initial offerings include contracts tied to the Federal Reserve’s target interest rate for May and the men’s and women’s College Basketball Tournaments. The firm […]

The post Robinhood leverages Kalshi to expand trading offerings adding prediction markets appeared first on CryptoSlate.

Mar 18, 2025 05:55

Polymarket Bettors Predict Fed Will End QT Before May with 100% Certainty

The Federal Reserve announced the end of quantitative tightening, a move that could have significant implications for the market. This decision marks a shift in the Fed’s approach to monetary policy, with potentially far-reaching effects on investors and the economy at large. In light of this news, many are speculating on how this change will [...]

The post Polymarket Bettors Predict Fed Will End QT Before May with 100% Certainty appeared first on Crypto Breaking News.

Mar 08, 2023 07:50

Arbitrum Airdrop: Traders Bet Ethereum Layer-2 Will Airdrop Its Token by March 31

Predictions market Polymarket saw the odds of Arbitrum launching a token by the end of March spike on Monday.

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