Browsing: Polymarket

Circle stablecoin collaboration has emerged as a pivotal partnership aimed at revolutionizing the landscape of prediction markets.By teaming up with Polymarket, Circle is set to enhance the stablecoin infrastructure, ensuring that users benefit from increased reliability and transparency.

Country
Regulatory Body
Action Taken
Date of Action
Remarks

Hungary
Szabályozott Tevékenységek Felügyeleti Hatósága
Blocked access to Polymarket’s domain and subdomains
Recently
Users reported being unable to access the platform.Portugal
Gaming Regulation and Inspection Service (SRIJ)
Ordered platform to cease activity
Recently
Access was still available for some users.

Prediction markets are revolutionizing how we gauge future events by allowing participants to buy and sell predictions on outcomes, creating a dynamic platform that generates real-time probabilities.Recent developments, such as the partnership between Polymarket and Dow Jones, signify a notable shift as these markets are increasingly recognized as valuable crypto data products.

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)