Did RFK Jr. Really 'Drop Out'? Polymarket Bettors Argue Over Contract Resolution
[Aug 26, 2024 4:00 PM] Prediction market traders place bets on Telegram CEO's release from jail and spread of mpox.
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Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet
[Aug 22, 2024 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…
Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket
[Aug 17, 2024 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…
Kamala Harris Pulls Well Ahead of Trump on Polymarket
[Aug 12, 2024 1:32 PM]
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
[Aug 12, 2024 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.
Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade
[Aug 11, 2024 8:50 PM] Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure, offering both binary and non-binary settlement options…
Polymarket’s Integrity Questioned Over Venezuelan Presidential Election Bet Outcome
[Aug 9, 2024 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 Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
[Aug 9, 2024 7:20 PM] Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed rule to ban certain event contracts. Coinbase has also formally responded to the proposal…
Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules
[Aug 9, 2024 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
Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
[Aug 8, 2024 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.
Why crypto stakeholders see bright future for prediction markets in Africa
[Aug 7, 2024 1:01 PM] The combination of technological advancements, cultural factors, and increasing financial diversification suggests that decentralized prediction markets could thrive on the continent.
Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say
[Aug 5, 2024 2:01 PM] Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy; Fed will cut rates fast and hard in September, say bettors.
Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom
[Aug 1, 2024 1:00 PM] MetaDAO, a Solana experiment in governance by "futarchy," raised a total of $2.2 million to fund operations.
Polymarket founder hints at potential fees in the future
[Aug 1, 2024 10:38 AM] Polymarket might add fees to its platform in the future, but it is currently focused on growing the marketplace, according to the CEO.
Several AI Chatbots Predict Trump Victory in 2024 Election, Two Decline to Answer
[Jul 27, 2024 6:36 AM] Over recent weeks, Bitcoin.com News has been covering prediction markets linked to the U.S. election. Our newsdesk also tested various artificial intelligence (AI) chatbots to forecast the prices of bitcoin, gold, and ethereum by the end of 2024…
Biden's Exit Spurs Record $28M Daily Volume on Polymarket as Election Enters Uncharted Territory
[Jul 22, 2024 8:42 AM]
The Protocol: Polymarket Feeds Political Junkies, With Nate Silver
[Jul 17, 2024 12:13 PM] In this week's issue of CoinDesk's blockchain tech newsletter, we look at the "alternative news source" that Polymarket's prediction-betting site has become.
Polymarket Hires Nate Silver After Taking in $265M of Bets on U.S. Election: Report
[Jul 17, 2024 9:49 AM] As the U.S. presidential election enters its final stretch, crypto-based prediction market platform Polymarket is striking while the iron is hot by hiring popular statistician and writer Nate Silver as an adviser.
Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick
[Jul 16, 2024 9:32 AM] Traders on the crypto-based prediction market now see a 72% chance the former president will retake the White House.
Trump’s Election Odds Continue to Surge Post-Assassination Attempt: Polymarket Bets Hit 71%
[Jul 15, 2024 11:10 AM] Immediately following the assassination attempt on former President Donald Trump, prediction market odds on Polymarket saw Trump’s chances of winning the election rise to 68%. Days after the event, Trump’s odds have continued to rise with the…
U.S. Secret Service Chief Probably Won't Be Fired, Polymarket Bets Signal
[Jul 15, 2024 7:25 AM] Plus: Another all-time high for Trump's odds of victory; bettors think bitcoin will continue its green streak until the end of week.
Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting
[Jul 13, 2024 7:05 PM] The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 69% chance of retaking the White House, according to traders on the crypto-based prediction market. Trump-themed Polifi tokens and crypto broadly also rose.
Biden Overtakes VP Harris as Likeliest Dem Nominee on Polymarket During President's Press Conference (Update)
[Jul 11, 2024 4:47 PM] The president said he plans to stay in the race but "it's important that I allay fears."
Crypto-Friendly Sen. JD Vance's Odds as Trump VP Pick Double on Polymarket
[Jul 8, 2024 2:49 PM] Traders on the crypto-based prediction market now see a 29% chance that the Ohio Republican will be former President Trump’s running mate, up from 14% a week ago.
Prediction Markets and Polls Both Got the French Election Wrong
[Jul 8, 2024 8:03 AM] Plus: Polymarket traders remain skeptical about Biden's insistence he's staying in the U.S. presidential race; will ETH fall to $2,630?
Biden's Odds on Polymarket Little Changed After ABC TV Interview
[Jul 5, 2024 7:26 PM] The president's chances of reelection remain 12% and his probability of dropping out stayed at 63%, according to traders on the crypto-based prediction market platform.
Biden's Odds of Dropping Out Surge to Almost 80% on Polymarket After New York Times Report
[Jul 3, 2024 9:21 AM]
Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket
[Jul 2, 2024 4:35 PM] The vice president
Biden's Blunder Ignites Trading Frenzy on Polymarket
[Jul 1, 2024 8:11 AM] Odds that the president will drop out of the race surged as high as 50% after the debate before leveling off at 40% on the crypto-based prediction market.
39% Chance of Dropping Out — Joe Biden’s Debate Stumbles Fuel Prediction Market Betting
[Jun 28, 2024 5:39 AM] Following the initial 2024 U.S. Presidential Debate, prediction market wagers on whether incumbent Joe Biden will withdraw have seen a significant increase in activity. The likelihood of Biden stepping down and being substituted has risen notably…