Polymarket

Polymarket

Finance

Jump Trading to take small stakes in Polymarket, Kalshi: Bloomberg

Jump is set to take a fixed amount of equity in prediction market Kalshi, while its stake in Polymarket will grow over time depending on the trading capacity that the firm provides.

Stock trading charts. (sergeitokmakov/Pixabay, modified by CoinDesk)

Markets

Odds of Jesus Christ appearing in 2026 double, beating return on bitcoin

The Polymarket bet is a reminder that the weirdest corners of crypto are sometimes the only ones going up.

(Christian Dubovan/Unsplash, modified by CoinDesk)

Policy

U.S. regulator declares do-over on prediction markets, throwing out Biden era 'frolic'

The Commodity Futures Trading Commission tumultuous legal fight with events-contracts firms is done, and its new leader is yanking previous policy efforts.

CFTC Chair Mike Selig (left) and SEC Chair Paul Atkins (Jesse Hamilton/CoinDesk)

Policy

Polymarket, Kalshi contract limits demonstrated in latest U.S. government shutdown fight

The U.S. government is likely to shut down Saturday morning until the House votes on a funding package, raising the importance of specificity in prediction market bets.

Shayne Coplan, founder and CEO of Polymarket (CoinDesk/Jesse Hamilton)

Markets

Circle shares rise 4% as Polymarket-driven USDC growth prompts analyst upgrade

Mizuho's Dan Dolev revised his bearish outlook on the stablecoin issuer, upgrading the stock to neutral.

Circle logo on a building

Markets

Polymarket's Volmex contracts open a new path to trading bitcoin, ether volatility

Polymarket has launched new prediction markets tied to Volmex's bitcoin and ether 30-day implied volatility indices.

Poker chips (AidanHowe/Pixabay)

Policy

Ukraine banned Polymarket and there’s no legal way for it to come back

Polymarket and similar platforms are considered unlicensed gambling operators, leading to blocked access.

Kyiv in Ukraine (Glib Albovsky/Unsplash/Modified by CoinDesk)

Policy

Portugal joins growing list of countries cracking down on Polymarket

Betting on political events is illegal in Portugal, and the regulator gave Polymarket 48 hours to cease operations in the country.

Portugal's Praça do Comércio (Claudio Schwarz/Unsplash/Modified by CoinDesk)

Markets

Bitcoin’s ‘digital gold’ narrative takes a hit as as Greenland tensions rattle markets

Odds of bitcoin rising to $100,000 by the end of January plunged on the Polymarket, highlighting how the token is trading more like a risk asset than "digital gold."

pen rests on paper showing sketched graph going lower.

Markets

Polymarket trader nets $233,000 from XRP markets in a daring weekend move, outsmarting bots

A trader exploited thin weekend liquidity and automated market-making bots on Polymarket to lock in a $233,000 profit, sparking debate over whether the strategy crossed the line into market manipulation.

XRP symbol on top of dollar bills. (Unsplash/CoinDesk)