Polymarket Considers $9 Billion Valuation Amid User Growth and CFTC Approval
The betting platform Polymarket aims for a significant increase in valuation as it gains regulatory approval and user engagement.
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The betting platform Polymarket aims for a significant increase in valuation as it gains regulatory approval and user engagement.
Polymarket is enhancing its prediction market accuracy through integration with Chainlink's data solutions, addressing concerns over bet resolution delays and tampering.
A prominent trader on Polymarket wagers $15,000 on a potential 50 basis point interest rate cut by the Federal Reserve next week.
The NFL kickoff draws significant betting traffic on Polymarket as the platform shifts focus from political to sports markets.
The Commodity Futures Trading Commission has allowed Polymarket's QCX acquisition to proceed without certain regulatory constraints.
Traders are giving Dwayne Johnson a 7% chance of winning the Democratic nomination for the presidency in 2028.
1789 Capital, co-led by Donald Trump Jr., invests in Polymarket, joining its advisory board.
Market predictions show low confidence in Trump's capability to manipulate the Federal Reserve amidst his attempts to fire Governor Lisa Cook.
Market sentiment suggests Bitcoin could reach $125,000 by the end of July, driven by institutional enthusiasm amidst new crypto legislation.
The U.S. Department of Justice and CFTC have ended their investigations into Polymarket, a prediction markets provider.
A leading Polymarket trader criticizes the decentralized oracle system following a contentious ruling related to Ukrainian President Volodymyr Zelenskyy's attire.
A major cryptocurrency prediction market, Polymarket, is facing criticism as it grapples with a dispute concerning whether Ukrainian President Zelenskyy wore a suit before July, with over $160 million in bets at risk.
Predicted chances of a U.S. recession have sharply declined to 22% on Polymarket, reflecting improved trade negotiations and market conditions.
Zohran Mamdani emerged victorious in the Democratic primary, now considered the frontrunner for New York's mayoralty, supported by Polymarket.
Polymarket is gaining significant valuation, led by a surge in demand for stablecoins like USDC, which are vital for its transaction processing.
Kalshi has successfully raised $185 million at a $2 billion valuation, moving ahead with plans for team expansion and new market structures.
Polymarket is on the brink of securing $200 million in funding, leading to a valuation of $1 billion, supported by the Founders Fund.
After U.S. airstrikes on Iran's nuclear facilities, the probability of the country blocking the Strait of Hormuz has surged, raising concerns over possible oil price spikes.
Expectations for U.S. military intervention in Iran have significantly decreased amid diplomatic overtures from former President Trump's team.
UMA cryptocurrency has the potential to rise by 200% after a partnership between X and Polymarket, attracting more users and enterprises.
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