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According to data, Polymarket experienced its busiest month ever in November, driven largely by the U.S. Presidential Election. However, December’s activity has cooled off, with trading volumes falling below not only November’s peak but also October’s numbers. Additionally, open interest has sharply declined, dropping from nearly $500 million to a current total of $117 million. … Read more
As 2024 comes to a close, everyone’s filled with anticipation for what 2025 has in store, along with all the thrilling events on the horizon. This excitement has sparked a flurry of speculative betting on platforms like Kalshi and Polymarket, where prediction markets are all the rage. Here’s the lowdown on these crypto-infused betting scenes … Read more
According to Polymarket’s latest betting activity, participants are showing a modest 30% confidence in bitcoin (BTC) reaching the $100,000 mark by the end of the year. However, in a twist, another wager on the platform indicates a 21% belief that bitcoin could leap to $150,000 by March 31, 2025. Bitcoin’s Future Price Under the Microscope … Read more
Prediction markets Kalshi and Polymarket anticipate a slew of wins for crypto in 2025. Go to Source
The halls of Canadian Parliament have been buzzing with turmoil following the resignation of Chrystia Freeland, Canada’s finance minister and deputy prime minister. Adding fuel to the fire, speculation is mounting among Polymarket bettors and the general public that Prime Minister Justin Trudeau might also step down as the fallout continues. Canada’s Political Powder Keg: … Read more
A bet on Polymarket, the prediction marketplace, is drawing buzz with its question: Who will President-elect Donald Trump pardon within his first 100 days? Since its launch, this wager has attracted $3,483,995 in volume. On Friday, Dec. 6, Polymarket participants highlighted top contenders, including Ross Ulbricht, the Silk Road founder, and cryptocurrency entrepreneur Roger Ver. … Read more
Social media reports suggest that Polymarket has blocked French users and warned against attempts to circumvent the block. According to one social media post, Polymarket now includes France-based users on its list of restricted users. Claims that Polymarket is now inaccessible to French users emerged a few weeks after the country’s gambling regulator reportedly said … Read more
With a decisive electoral sweep of the presidency and Congress, Trump’s second term could mark a transformative era for bitcoin, crypto, and the broader blockchain industry. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump’s Victory Could … Read more
This evening at 8 p.m. ET, AT&T Stadium in Arlington, Texas, will host an electrifying boxing showdown: Mike Tyson, the legendary heavyweight, squares off against Jake Paul, the social media star turned professional fighter. Earlier in the day, Polymarket bettors are already placing their bets on the bout’s outcome. Paul vs. Tyson: Bettors Predict a … Read more
A Bloomberg report suggests that the prediction market Polymarket has caught the eye of the U.S. Department of Justice (DOJ), potentially facing a probe. ‘In the Face of Adversity, We Build’: Polymarket Responds to Scrutiny From Federal Authorities After an FBI raid on Polymarket CEO Shayne Coplan’s residence, Bloomberg reports that the DOJ has initiated … Read more