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Polymarket, a decentralized stock market for predictions, is facing a crisis moment. It has alleged governance problems that some very knowledgeable people have suggested are very SERIOUS problems — the kind of problems that could (and an SEC could) make for an unregistered securities offering. Indeed, in recent days, a $7 million bet made on … Read more
Kalshi bettors put the odds of Trump creating a Bitcoin reserve in 2026 at roughly 70%. Go to Source
Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket. Go to Source
Many news outlets are reporting that Canadian Prime Minister Justin Trudeau could announce his resignation at a Jan. 6 press conference. Go to Source
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