Coindesk3 days agoLeft-wing politicsTrump and Biden Tied on Polymarket, Diverging From PollsPrediction markets show 45% chance for both Trump and Biden to win the U.S. presidency, differing from polls. [ more ]
www.nytimes.com1 month agoLeft-wing politicsTrump or Biden? The Stock Market Doesn't Care.Prediction markets show tight race between Biden and Trump, despite strong economy and stock market performance. [ more ]
Coindesk1 month agoCryptocurrencyPrediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)Kalshi launching prediction markets on crypto price outcomes in U.S. dollars. Kalshi's move into crypto coincides with a surge in digital asset prices and renewed interest in prediction markets. [ more ]
Coindesk3 months agoCryptocurrencyRisk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: AnalystRisk assets like bitcoin are resilient to U.S. inflation and a Fed rate cut. Prediction markets suggest that BTC will hit an all-time high this year. [ more ]
Coindesk4 months agoCryptocurrencyBitcoin ETF Frenzy Brings Windfall Volume to Decentralized Predictions Platform PolymarketPolymarket experienced a surge in trading volume to $5.7 million after the SEC approved bitcoin ETFs. The trading volume on Polymarket exceeded that of leading NFT marketplace OpenSea, which had a volume of $3.9 million. [ more ]
Coindesk4 months agoBusinessWhat Prediction Markets Are Forecasting for Crypto in 2024Prediction markets allow participants to bet on the outcome of real-world events and provide insights into what people really think. Crypto is taking prediction markets to the next level by making them borderless, permissionless, and automating functions. [ more ]