Prediction Markets

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.

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.

Polymarket Hires Nate Silver After Taking in $265M of Bets on U.S. Election: Report
The crypto-based prediction market has taken more than $400 million in bets this year.

Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick
With a millennial running mate, the former president now has a 72% chance of retaking the White House, traders on the crypto-based prediction market are signaling.

U.S. Secret Service Chief Probably Won't Be Fired, Polymarket Bets Signal
The shooting at Trump's rally created severe concerns with the Secret Service's planning. Plus: Another all-time high for Trump's odds of victory; bettors think BTC will continue green streak until end of week.

Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting
The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 70% chance of retaking the White House, according to traders on the crypto-based prediction market. Trump-themed Polifi tokens and crypto broadly also rose.

Biden Overtakes VP Harris as Likeliest Dem Nominee on Polymarket During President's Press Conference (Update)
The president said he plans to stay in the race but "it's important that I allay fears."

Crypto-Friendly Sen. JD Vance's Odds as Trump VP Pick Double on Polymarket
Traders on the crypto-based prediction market now see a 29% chance that the Ohio Republican will be former President Trump’s running mate, up from 14% a week ago.

Prediction Markets and Polls Both Got the French Election Wrong
Plus: Polymarket traders remain skeptical about Biden's insistence he's staying in the U.S. presidential race; will ETH fall to $2,630?

Biden's Odds on Polymarket Little Changed After ABC TV Interview
The president's chances of reelection languished at 11% and his probability of dropping out lingered around 64%, according to traders on the crypto-based prediction market platform.

