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Polymarket
Bitcoin Price Bursts Above $45K; Sei Network’s SEI Token Rallies
"CoinDesk Daily" host Jennifer Sanasie takes a closer look at the latest headlines moving the crypto markets, including why the price of bitcoin (BTC) has started 2024 on a roll. Traders from Polymarket seem confident one or more exchange-traded funds (ETFs) that invest in bitcoin will go live in the U.S. within two weeks. Plus, the rise in popularity of EVM-compliant blockchains and the parallelization process is driving the growth of the Sei Network's SEI token.
Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15
Some investors have bought the "No side shares" of the prediction contract to hedge against potential delays in the SEC's approval of spot ETFs.
Taiwanese Authorities Investigating Blockchain Betters over Polymarket Election Contract: Report
The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.
Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar
24 hours ago, prediction markets were almost certain that Altman wouldn't be back as OpenAI's CEO. Now the market's answer to that question has changed twice.
OpenAI CEO Drama Makes a Market for Blockchain Betters
Over $250,000 in liquidity was built up in prediction market contracts on Polymarket over the weekend, from the serious to the absurd.
BitMEX's Prediction Market Is Now Live
Current prediction market contracts revolve around FTX bankruptcy claim recoveries, the future of bitcoin ETFs, and Sam Bankman-Fried’s jail sentence.
How Blockchain Bettors View the 2024 U.S. Election
Users of blockchain-based prediction market Polymarket have put up nearly $5 million so far to bet on the outcome of the Republican presidential nomination race. Polymarket director of global markets Harry Jones breaks predictions for the 2024 election made so far on the site.
After GOP Debate, Blockchain Bettors See Ramaswamy as Most Formidable Trump Challenger
Betting lines didn’t change much as a result of Wednesday’s debate, but the Bitcoin-friendly entrepreneur has edged out Florida governor Ron DeSantis this past week in the GOP’s race for second place.
CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress
The U.S. derivatives regulator has scheduled a June 26 meeting to discuss starting another review to evaluate whether to approve Kalshi’s event contracts.
Floor Prices for Donald Trump NFTs Surge on News of Possible Indictment
Meanwhile, the Polymarket prediction contracts relating to the former U.S. president's indictment have become some of the most actively traded on the platform.
