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Polymarket gets backlash over ‘approved’ outcome on $13M Ethereum ETF bet
24.5.2024
A multi-million bet on “Ethereum ETF approved by May 31” resolved to a “Yes” on Polymarket as news from the SEC broke, but the losing side argues it's not over yet
Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress
21.5.2024
The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed
Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round
15.5.2024
Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The latest round valued Polymarket lower than the $1 billion it had anticipated before the Commodity Futures Trading Commission...
Peter Thiel's Founders Fund invests $70M in election betting platform
14.5.2024
Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket secures funding to expand its global operations despite restrictions
Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket
14.5.2024
The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding close to $75 million
Trump and Biden Tied on Polymarket, Diverging From Polls
13.5.2024
Other election contracts show a 35% chance of a Republican sweep of the presidency and both houses of Congress and a 27% chance Democrats control the Senate after the election
U.S. CFTC Proposes Ban on Political Event Contracts
10.5.2024
The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
8.5.2024
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to...
Traders rush to short Ether as Grayscale pulls its futures ETF plan
8.5.2024
Just a 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application
Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC
7.5.2024
According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval...
Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
6.5.2024
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban
Binance's CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet
29.4.2024
Also, the CFTC wants to bar Americans from betting on elections – even though it's already illegal in most U.S. states
Polymarket Odds Say Columbia University President Will Keep Job
22.4.2024
Continuing pro-Palestine protests won't lead to Minouche Shafik having a fate similar to Claudine Gay, who was recently forced to resign as Harvard's president, the prediction market signals. Plus: Kalshi bettors don't think Taylor Swift will break her record
Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
19.4.2024
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks
Free Money? Polymarket Bet Pays 8% if China Doesn't Invade Taiwan
15.4.2024
Betting against that outcome could yield almost 8x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes presidential odds
Presidential Election Betting Surges as Odds Tighten on Polymarket
13.4.2024
The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from...
Bitcoin Back Down to $66K as Rising Treasury Yields Catch Investor Interest
3.4.2024
Prediction markets and CME's Fed Watch Tool have virtually ruled out a rate cut until later this year
Who Will Trump Pick for Veep? Polymarket Gives Tim Scott Best Odds: Prediction Markets
1.4.2024
Plus: Free money? "Democrat wins New York" contract trades at 90 cents on the dollar
How Many Years Will SBF Get? Jury's Out on Betting Platform Polymarket
25.3.2024
Plus: Tesla's delivery numbers will fall short of record, Kalshi traders signal; "Ghostbusters" fandom underestimated
Nearly $100M Wagered on U.S. Presidential Election on Polymarket
18.3.2024
Blockchain bettors see a clear path to victory for Trump, and are bullish on ether hitting an all-time high in 2024 – but SOL might get there first, thanks to "memecoin March."