Fedwatch Tool Shows 50-50 Chance for 25bps or 50bps Cut Before FOMC

The market is holding out hope for a bigger rate cut as the Federal Open Market Committee (FOMC) prepares to meet on Wednesday. Predictions from Polymarket and CME’s Fedwatch tool suggest there’s a growing expectation that a 50 basis points reduction could be in play. FOMC Meeting Could See Bigger Rate Cut as Expectations Shift … Read more

Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election

Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a new bet has emerged. People are now speculating on the chances of Trump launching a cryptocurrency … Read more

Fed Rate Decision Looms as Market Predicts 25bps Cut With 87% Probability

With just six days to go before the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, the likelihood of a 25 basis points (bps) rate cut is growing stronger by the day. The possibility of a 50bps cut remains slim, though it still holds a 13% chance, as reported by CME’s Fedwatch tool. Market … Read more

Will Trump and Harris Debate Again? Polymarket Bets Say There’s a 60% Chance

According to Polymarket’s betting odds, there’s a 60% chance we’ll see another debate between former President Donald Trump and Vice President Kamala Harris, even though no additional debates are currently scheduled beyond the one held on Sept. 10, 2024. Bettors Place Their Bets on a Second Trump-Harris Debate Polymarket, a blockchain-driven prediction platform, has people … Read more

Trump and Harris Neck and Neck After Heated Debate, Polymarket Shows

Following the heated debate between former President Donald Trump and Vice President Kamala Harris, Polymarket data revealed an intense tie between the two from 6 a.m. to 12 p.m. EDT on Wednesday, with each holding a 49% chance of winning. By 2:30 p.m., however, Trump edged ahead by a single percentage point, according to bettors … Read more

Harris Leads in Debate Betting, But Trump Dominates Swing States, Polymarket Shows

A wager valued at $155K on the prediction platform Polymarket is betting on Vice President Kamala Harris emerging victorious in Tuesday’s debate against former President Donald Trump. According to the latest polls, Harris holds a commanding 76% chance of winning, with the data being updated as of 2 p.m. EDT on Monday. Polymarket’s $155K Bet … Read more

Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days

In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $137.3 million in trading volume, already outpacing the total volume recorded during June and all prior months this year. Last Friday, Polymarket reached its highest daily trading volume in the last three months. Polymarket Outpaces June Volume in Just 9 … Read more

Trump Leads Harris by 7%, Wins Majority of Swing States, Polymarket Betting Shows

According to recent Polymarket data, former President Donald Trump is ahead of Vice President Kamala Harris by seven percentage points as of Sept. 5, 2024. Polymarket’s betting on six key swing states shows Trump leading in four, including Arizona, Georgia, Pennsylvania, and Nevada. Trump Holds 7% Lead Over Harris on Polymarket, General Polls Show a … Read more