Bitcoin news
$125,000 Bitcoin by End of July? Polymarket Wagers Say Yes
Market sentiment suggests Bitcoin could reach $125,000 by the end of July, driven by institutional enthusiasm amidst new crypto legislation.
Law
Investigations Against Polymarket Concluded by U.S. Authorities
The U.S. Department of Justice and CFTC have ended their investigations into Polymarket, a prediction markets provider.
Crypto
'Concerns About Decentralization' Raised by Polymarket Trader After Zelenskyy's Suit Debate
A leading Polymarket trader criticizes the decentralized oracle system following a contentious ruling related to Ukrainian President Volodymyr Zelenskyy's attire.
Markets
Polymarket Involved in $160 Million Dispute Over Zelensky Suit Claim
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.
Finance
U.S. Recession Predictions Drop to 22% on Polymarket Amid Easing Trade Pressures
Predicted chances of a U.S. recession have sharply declined to 22% on Polymarket, reflecting improved trade negotiations and market conditions.
Elections
Polymarket Predicts Zohran Mamdani as Leading Candidate in New York Mayoral Race
Zohran Mamdani emerged victorious in the Democratic primary, now considered the frontrunner for New York's mayoralty, supported by Polymarket.
Crypto
Understanding the Role of Stablecoins in Polymarket's Growth
Polymarket is gaining significant valuation, led by a surge in demand for stablecoins like USDC, which are vital for its transaction processing.
Business
Kalshi Secures $185 Million in Latest Funding, Eyeing Expansion Against Polymarket
Kalshi has successfully raised $185 million at a $2 billion valuation, moving ahead with plans for team expansion and new market structures.
Crypto
Polymarket Approaches $200M Funding with a $1B Valuation: Insights
Polymarket is on the brink of securing $200 million in funding, leading to a valuation of $1 billion, supported by the Founders Fund.
Finance
Likelihood of Iran Closing Hormuz Strait Climbs to 52% Amid U.S. Airstrikes
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.
Finance
Polymarket Forecasts Drop in U.S. Military Action Probability Against Iran as Trump Pursues Diplomacy
Expectations for U.S. military intervention in Iran have significantly decreased amid diplomatic overtures from former President Trump's team.
Altcoins
Is UMA Token Primed for a 200% Surge Following the Collaboration Between Polymarket and X?
UMA cryptocurrency has the potential to rise by 200% after a partnership between X and Polymarket, attracting more users and enterprises.
Finance
Polymarket Collaborates with Elon Musk's xAI
Polymarket has formed a partnership with Elon Musk's AI company, marking a significant collaboration between two influential platforms focused on truth-seeking.
Finance
Betting Markets Falter on Papal Predictions as Polymarket Loses Edge
Recent outcomes of papal conclave predictions on the Polymarket platform challenge the effectiveness of crypto betting markets compared to traditional polls.
Crypto News
Ghanian Cardinal Peter Turkson is Favored in Crypto Circles Ahead of Papal Conclave
As the Catholic Church anticipates a historic Papal Conclave, Cardinal Peter Turkson of Ghana garners significant attention in the crypto community and on prediction platforms like Polymarket.
Betting
Canadian Election Betting: Mark Carney Holds Dominant Lead
As Canada approaches its election, betting markets indicate Mark Carney has a strong lead for Prime Minister, while Pierre Poilievre's chances appear lower.
Crypto
Polymarket and UMA Communities Estranged Over $7 Million Betting Incident
A significant disagreement has emerged between Polymarket and UMA over a $7 million bet, highlighting issues with prediction market operations.
Crypto
Governance Attack on Polymarket: Rogue Actor Targets Ukraine Contract
A rogue Ethereum wallet user has executed a governance attack on a Ukraine-themed market on Polymarket, accumulating over 1.3 million UMA tokens in the process.
Finance
Polymarket Shows 90% Prediction Accuracy for Global Events
New research unveils that Polymarket accurately predicts significant events with a remarkable 90% accuracy over a month and up to 94% shortly before they occur.
Crypto
Robinhood Launches Prediction Market Following Polymarket's Success
Robinhood is set to introduce a new prediction market platform that allows users to place bets on various events.
