Polymarket
Why Polymarket Fails to Raise Polygon POL Price
Polymarket has only brought in about $27,000 worth of transaction fees for Polygon Proof of Stake in 2024, according to data tracked by Token Terminal. Why does the popular predictions market fail to boost Polygon's token price despite its soaring popularity? CoinDesk's Christine Lee breaks it down on the "Chart of the Day."
Trump-Themed Tokens Surge, Bitcoin Forecast to Jump After U.S. Elections
Donald Trump-themed PoliFi tokens saw double-digit gains as the Republican presidential candidate's chances of winning the election surged to a two-month high on Polymarket. ETC Group explains why BTC could jump after the U.S. elections and CoinDesk Anchor Christine Lee presents the "Chart of the Day."
Len Sassaman-Themed Memecoins Surge Ahead of HBO Bitcoin Creator Documentary
Len Sassaman-themed tokens have started to populate as the late cryptographer is widely believed on Polymarket to be identified as Bitcoin's pseudonymous creator in the upcoming HBO documentary. LEN tokens on Solana and Ethereum were issued by opportunistic traders and skyrocketed over the weekend. CoinDesk's Christine Lee presents the "Chart of the Day."
Trump Leads Harris on Polymarket After Musk Endorsement; Tether Celebrates 10-Year Birthday
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as Donald Trump is leading Democratic rival Kamala Harris by 3 percentage points in Polymarket's election contract following Elon Musk's endorsement. Plus, Tether is developing a customized stablecoin solution to adhere to regulatory requirements in Europe and the UAE has exempted all crypto transactions from having to pay value-added tax.
From Bets to Blockchain: Inside Polymarket's Rise
CoinDesk's Jennifer Sanasie breaks down Polymarket's rise to power as a predictions market and the next steps for the platform, including more fundings and a potential token launch. Plus, the regulatory concerns it faces in the United States. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Who Will 'Win' the Trump Harris Debate?; Crypto Scams in 2023
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket traders are betting the traditional pollsters will give the debate to Harris, with a 74% chance that the Ipsos/538 survey will find she "wins" it. Plus, an FBI report says investors lost a record $5.6 billion to crypto-related financial crime in 2023, and insights on a financial crime fighting force created by Tron, Tether and TRM Labs.
Will Donald Trump Drop Out of the Sept. 10 Debate?
Despite the noises Trump has made about pulling out of a Sept. 10 debate with opponent Kamala Harris, Polymarket traders seem fairly certain that the former President will show up. "Yes" shares for "Will Trump debate Kamala on Sept. 10?" are trading at 96 cents, indicating the market sees a 96% chance he will go through with it. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
The Power of Prediction Markets
CoinDesk's Jennifer Sanasie discusses the relevance and mechanics of prediction markets, especially in the context of crypto trading. Plus, insights on the value of prediction markets as tools for traders and investors to gauge market sentiment. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
FTX, Alameda Ordered to Pay $12.7B to Creditors; Brazil’s SEC Approves Solana-Based ETF
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a New York judge officially ordered defunct crypto exchange FTX and trading firm Alameda Research will pay $12.7 billion to creditors. Plus, the Brazilian SEC has approved a Solana-based ETF, and Kamala Harris and Donald Trump are tied on Polymarket.
Polymarket Whales Favor Trump in 2024 Election; U.S. Government Moves $2B of 'Silk Road' Bitcoin
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket whales are putting their bags on Donald Trump winning the upcoming election. Plus, BTC price falls after the U.S. government moves $2 billion worth of seized bitcoin and the Bank of England said it plans to carry out a series of CBDC and digital ledger experiments.
