Polymarket
Biden Dropout Chances Rise on Polymarket After Covid Diagnosis
The chances of President Joe Biden withdrawing from the race for U.S. president rose to 66% on betting platform Polymarket after the President confirmed on X that he had been diagnosed with Covid-19. In an interview with BET News that aired yesterday, Biden said that he would consider dropping out should he be diagnosed with a medical condition. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting; Alexey Pertsev Denied Bail
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket's probability for former president Donald Trump to retake the White House jumped to an all-time high on Saturday after he was injured from a shooting at a Pennsylvania rally. Plus, Tornado Cash developer Alexey Pertsev was denied bail by a Dutch court on Friday, and Chainalysis releases a new report on money-laundering.

Kraken Considers Nuclear Energy for Data Centers; Biden's Odds of Dropping Out Jump on PolyMarket
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto exchange Kraken considers using nuclear energy as a power source for its data centers. Plus, Nigeria's money laundering trial against Binance and two executives was adjourned until July 5. And, the odds that President Biden drops out of the race for the White House hit an all-time high of 60% on Polymarket.

Circle Becomes First Stablecoin Issuer to Get MiCA License; Polymarket Hits $100M of Volume in June
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Circle became the first global stablecoin issuer to comply with the EU's MiCA regulatory framework. Plus, Polymarket recorded over $100 million of volume in June on U.S. election enthusiasm. And, Silvergate Bank's $63 million settlement with regulators.

CZ Begins 4-Month Prison Sentence; Polymarket Bettors Doubt Trump Will Go to Prison
"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, including Binance founder Changpeng "CZ" Zhao reporting to a federal prison in California for his 4-month sentence. Plus, Polymarket traders doubt Trump will go to prison and Dapper Labs reached a tentative settlement agreement in its class action securities suit.

Polymarket Bettors Put Their Money on Trump Being Convicted Before Election Day
Bettors on Polymarket give a 76% chance that former President Donald Trump will be convicted before election day. This is up from 57% in late March when the contract was initiated, and Trump’s hush money trial kicked off. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Polymarket Traders Bet on Fed Rate Cuts; Bitcoin Spot ETFs Register Five-Day Withdrawals Streak
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as U.S.-based spot bitcoin (BTC) exchange-traded funds registered cumulative outflows of $4.3 million, extending the four-day run of withdrawals ahead of the halving. Plus, traders on Polymarket bet on the number of potential Fed rate cuts this year and Tether expands its USDT to the TON Network.

Traders on Decentralized Betting Platform Polymarket Expect 49ers to Win Super Bowl
Bettors on decentralized prediction platform Polymarket are putting their money where their mouth is when it comes to this year’s Super Bowl. On the platform, the San Francisco 49ers are currently winning by a hair over the Kansas City Chiefs. Polymarket head of global markets Harry Jones joins "First Mover" to discuss.

Polymarket Traders Are Betting on Taylor Swift's Super Bowl Appearance
Polymarket head of global markets Harry Jones answers some rapid fire questions from CoinDesk's Jennifer Sanasie about what bettors on the decentralized prediction platform are anticipating ahead of this year's Super Bowl, including the number of times superstar Taylor Swift will end up on camera and what team could ultimately win the big game.

Decentralized Betting Platform Predicts 2024 Elections; Binance Makes Changes
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry, including a new report from the Financial Times stating that crypto exchange Binance now allows larger traders to keep their assets at independent banks. Bitcoin Ordinals project Taproot Wizards delays the mint of its 'Quantum Cats' collection for a second time. And, many traders using Polymarket predict that former President Donald Trump will return to power.
