Browsing: Polymarket

Polymarket is emerging as a groundbreaking platform in the realm of prediction markets, where users can bet on the outcomes of various future events.In a recent interview, Polymarket CEO Shayne Coplan revealed that the company is currently operating at a loss, emphasizing their focus on expanding this innovative market rather than short-term profits.

Kalshi valuation has experienced a remarkable surge, doubling in just a matter of weeks and solidifying its position within the burgeoning prediction market.This impressive growth, propelled by a successful fundraising round that raised over $1.3 billion, has escalated Kalshi’s valuation from $5 billion to an astounding $11 billion.

Polymarket is preparing to initiate a new funding round, aiming for a valuation of $12 billion. The company has been actively engaging investors as it seeks to raise capital. This funding round is expected to…

edgeX has announced a strategic partnership with Polymarket. This collaboration aims to leverage both organizations’ strengths to enhance their offerings. While specific goals of the partnership were not disclosed, it signifies a commitment to innovation… (via Bpaynews real-time desk)

The likelihood of a 25 basis point interest rate cut by the Federal Reserve in December has decreased to 30% on the betting platform Polymarket. This figure indicates a notable shift in market sentiment regarding…

NVIDIA Q3 Earnings Report Polymarket odds for NVIDIA’s Q3 earnings report exceeding expectations have risen to 94%. This significant increase reflects growing confidence among traders regarding the company’s upcoming financial performance. The betting market indicates… (via Bpaynews real-time desk)

Polymarket forecasts a 93% likelihood that Monad’s public sale will achieve a total of $300 million. This prediction reflects the market’s confidence in Monad’s upcoming sale. The data suggests strong investor interest and potential for… (via Bpaynews real-time desk)

An address on Polymarket has yielded more than $260,000 in profits from wagers placed on the “Solomon Public Sale Raise Amount.” This betting activity highlights the growing interest in market predictions related to public sales.… (via Bpaynews real-time desk)

A Polymarket address has accumulated over $260,000 in profits by betting on the “Solomon Public Sale Raise Amount.” The betting platform has seen significant activity around this specific wager. Users have engaged with the market,… (via Bpaynews real-time desk)

Polymarket’s Pricing Truth Polymarket is undergoing a transformative approach to its pricing model, shifting from a 0.9≠90% framework to a more nuanced beginning. This change aims to enhance user experience and trust in the platform,…