Kalshi rolls out political betting contracts for Trump presidency
The prediction market has listed contracts for betting on events including a prospective Trump impeachment. Go to Source
Polymarket
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Polymarket vs. Polls: Trump’s Victory Vindicates Prediction Markets
Haseeb Qureshi, managing partner at the VC crypto fund Dragonfly, believes that prediction markets like Polymarket have been vindicated after facing accusations of bias in anticipation of the U.S. election. Qureshi highlights that for-profit market makers are driven by potential earnings, giving them an edge over polls and media, which can be manipulated. ‘Poly-poll’ or … Read more
France considers ban on crypto betting platform Polymarket
France’s gambling regulator confirmed that it’s currently examining Polymarket and its compliance with French gambling legislation. Go to Source
Top Polymarket whale profits $20M from Trump victory
The five largest Trump bettors could stand to win a combined $81 million in profit. Go to Source
Crypto whales bet big on Trump win ahead of US election
The revelation comes just a day ahead of the US presidential election on Nov. 5, which has become a focal point for crypto investors. Go to Source
Trump dump: Crypto liquidations hit $350M as Bitcoin dropped below $69K
Donald Trump’s winning odds lead on Polymarket have significantly narrowed, and Bitcoin’s little price dump caused big liquidations. Go to Source
Memecoins That Toot and Saylor Steps in Poop
From memecoins to accusations of Polymarket manipulation to Michael Saylor’s bizarre custodial comments, last week in crypto was certainly exciting. 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. Memecoins, Market Manipulation, and More This week I saw … Read more
Transparent Illusion: The Discrepancy in Polymarket’s Volume
The recent surge in prediction markets has coincided with the upcoming presidential election, as those seeking a supplement to traditional polling look to new methodologies. As election day draws closer, established prediction markets have seen their volumes skyrocket, while fresh players are jumping in to launch their own platforms. This sudden influx of companies offering … Read more
Frenchman behind Trump Polymarket pump has ‘no political agenda’ — WSJ
Polymarket data showed four accounts reportedly controlled by French national ‘Théo’ bet roughly $38 million for Donald Trump to win the US Electoral College and the popular vote. Go to Source
Kalshi rolls out more betting markets ahead of US elections
The US-based prediction market is vying to catch up with industry leader Polymarket. Go to Source