"Polymarket, the crypto-native prediction market, has added support for bitcoin deposits, giving users a direct way to fund their accounts with BTC alongside other existing crypto options. The move coincides with bitcoin's recent rally to all-time highs above $126,000, currently trading around $124,300, and reflects growing demand for crypto-native funding options on prediction platforms. Polymarket has taken the world by storm over the past two years, emerging as the largest prediction market where users trade shares tied to the outcomes of real-world events - essentially betting on what the future holds."
"On Polymarket, traders are bullish about the bitcoin price. About 83% of participants now predict bitcoin will hit $130,000 this year, while 52% and 35% are betting on $140,000 and $150,000, respectively. Total long-term betting volume has exceeded $30.6 million. Polymarket also accepts other crypto and stablecoins like USDC, USDT, Ethereum, Polygon, and Solana. Adding a layer of institutional intrigue, the Intercontinental Exchange (ICE), owner of the New York Stock Exchange, is reportedly considering a $2 billion investment in Polymarket."
"If completed, the deal could value the platform between $8 billion and $10 billion, according to The Wall Street Journal. Shayne Coplan, the 27-year-old founder of Polymarket, has become the youngest self-made billionaire after this investment, per Bloomberg. Just a few years ago, Coplan was a NYU dropout building Polymarket from his bathroom after becoming fascinated by the potential of prediction markets."
Polymarket added bitcoin deposit support, enabling direct BTC funding alongside existing crypto options. The change aligns with bitcoin rallying to highs above $126,000 and trading near $124,300, reflecting demand for crypto-native funding on prediction platforms. Traders on Polymarket are highly bullish: about 83% predict bitcoin will hit $130,000 this year, while 52% and 35% back $140,000 and $150,000 targets; total long-term betting volume has exceeded $30.6 million. Polymarket accepts USDC, USDT, Ethereum, Polygon, and Solana. The Intercontinental Exchange is reportedly considering a $2 billion investment that could value Polymarket at $8–$10 billion. Founder Shayne Coplan became a self-made billionaire amid prior regulatory penalties and strategic acquisitions including QCEX for $112 million and a CFTC license.
Read at Bitcoin Magazine
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