Polymarket
Crypto Exchange D8X to Bring Tool for Trading Polymarket Contracts With Leverage
D8X Co-Founder Caspar Sauter explained in an interview that leverage is the missing part of the prediction markets economy, as it allows for higher market efficiency.
Biden's Exit Spurs $28M Daily Volume on Polymarket; Swan Bitcoin Drops IPO Plans
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as President Joe Biden’s decision to drop out from the Presidential race fueled a surge in Polymarket volume. Plus, Arkham Intelligence data shows that the U.S. government has transferred 58.742 bitcoin worth nearly $4 million to Coinbase and Swan Bitcoin has pulled its plan to take the company public.
Biden's Exit Spurs Record $28M Daily Volume on Polymarket as Election Enters Uncharted Territory
Bets on the U.S. presidential election winner rocketed past $300 million, while the punters have put $200 million in a market for the potential Democrat's nominee and $10 million for the party's VP.
Polymarket Bettors Put Nearly $80M on Biden's Democratic Chances
Market data shows Polymarket bettors called Biden's drop out hours before it was announced.
With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee
Vice President Kamala Harris is in the strongest position after Biden's departure.
CrowdStrike Outage Could Be Fixed Within the Day, Unlikely Caused by a Hack, Polymarket Bettors Say
Bettors are placing their money on the service being fixed by the end of Friday, with a slight possibility of it happening by mid-day.
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."
Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of victory for the now crypto-friendly Donald Trump slipped on prediction market Polymarket.
Biden Dropout Chances Rise to 68% After Covid Diagnosis
President Joe Biden said during an interview that if a medical condition emerged, he'd consider dropping out of the race.
The Protocol: Polymarket Feeds Political Junkies, With Nate Silver
In this week's issue of CoinDesk's blockchain tech newsletter, we look at the "alternative news source" that Polymarket's prediction-betting site has become.
