Donald Trumps Harris on Polymarket Once Again
[Sep 2 8:49 AM] Harris led Trump in early August and betting odds reached 50-50 on the marketplace last month but shifted to Trump’s favor over the weekend.
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Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy
[Sep 1 5:35 PM] The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high, surpassing every month since…
Trump Maintains Slight Advantage in Election Odds on Polymarket After Harris Interview
Bloomberg adding Polymarket election data to Terminal
[Aug 29 5:51 PM] The move signals the crypto betting market’s growing importance.
Polymarket Bettors Miss Out on $270K Due to Pavel Durov's Early Release
[Aug 29 8:18 AM] Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.
Trump Unlikely to Drop Out of ABC Debate With Harris Despite Threats: Polymarket Traders
[Aug 27 4:20 PM] The mics likely won't be muted, the market believes.
Telegram CEO Pavel Durov Could be Free by October, Polymarket Bettors
[Aug 27 5:39 AM] Polymarket Confident Telegram CEO Pavel Durov Will be Free by October
PayPal’s PYUSD stablecoin hits $1B market cap
[Aug 26 8:09 PM] PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.
36% Chance for Durov’s Freedom in August: Polymarket’s High-Stakes Bet on Telegram Founder’s Fate
[Aug 26 5:30 PM] According to the blockchain-powered prediction market Polymarket, bettors are giving Telegram founder Pavel Durov a 36% chance of being released this month. Durov was taken into custody by French judicial police at Le Bourget airport in France…
Did RFK Jr. Really 'Drop Out'? Polymarket Bettors Argue Over Contract Resolution
[Aug 26 4:00 PM] Prediction market traders place bets on Telegram CEO's release from jail and spread of mpox.
Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact
[Aug 25 5:30 PM] The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market Committee (FOMC) meeting in September is highly likely. However, BCA Research’s chief asset allocation strategist, Garry Evans, argues…
Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet
[Aug 22 3:10 PM] On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against Kamala Harris for the 2024 presidential election. As of 8:19 a.m. EDT on Thursday, Trump held a 53% chance of victory…
Polymarket Odds Suggest 81% Chance of RFK Jr. Exiting 2024 Race as Shanahan Hints at Trump Alliance
[Aug 20 8:30 PM] Based on Polymarket odds, Robert F. Kennedy Jr., a 2024 independent presidential candidate, has a 81% probability of exiting the race after his running mate, Nicole Shanahan, hinted that their campaign might align with former President Donald…
Bets on Harris Slide in Predictions Market After Her Price Controls Plan Sparks Controversy
[Aug 18 7:35 PM] In a twist of political fortunes, Vice President Kamala Harris, who had been leading in the race against former President Donald Trump for the 2024 election, saw her odds dip significantly after rolling out her economic plans. Over the past 72…
Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut
[Aug 18 5:30 PM] Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a…
Polymarket Open Interest Rebounds as August Set to Challenge July’s Record
[Aug 18 3:30 PM] Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month…
Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket
[Aug 17 1:05 PM] Recently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the Mpox outbreak, commonly known as monkeypox, is now a public health emergency of international concern. Following…
AI Search Engine Perplexity Teams up With Predictions Market Giant Polymarket
[Aug 12 9:30 PM] On Aug. 12, 2024, the startup behind Perplexity, an AI-driven search engine and chatbot, revealed a new partnership with Polymarket, a blockchain-powered predictions market. With this integration, users searching for events on Perplexity will now…
Kamala Harris Pulls Well Ahead of Trump on Polymarket
[Aug 12 1:32 PM]
Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF
[Aug 12 11:20 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot…
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
[Aug 12 4:30 AM] Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.
Gemini urges CFTC to withdraw proposed rule on event contracts
[Aug 10 8:30 AM] Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms can’t match.
Polymarket’s Integrity Questioned Over Venezuelan Presidential Election Bet Outcome
[Aug 9 8:30 PM] Polymarket, a cryptocurrency-based prediction market, has declared Edmundo Gonzalez, the opposition candidate, the winner of the Venezuelan presidential election bet. The decision, made days after the election, ignores the official results…
Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules
[Aug 9 4:57 AM] Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
Polymarket Bets Predict a Nail-Biter: Trump and Harris Dead Even in 2024 Race
[Aug 8 2:10 PM] According to prediction market Polymarket, former President Donald Trump and current Vice President Kamala Harris are now evenly matched in the 2024 election race. Initially, Trump led Harris following the announcement by President Joe Biden that…
Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
[Aug 8 1:00 PM] A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.
Kamala Harris, Donald Trump Tied on Polymarket on Who Will Be The Next U.S. President
[Aug 8 5:13 AM] Donald Trump's chances of winning the 2024 election have declined 13 percentage points in the last month.
US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise
[Aug 6 5:17 PM] A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling…
Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed
[Aug 6 4:05 AM] Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September…
US senators urge CFTC to finalize ban on election betting
[Aug 5 11:37 PM] It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.