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Trump’s 2024 Election Odds Jump to 66% on Polymarket; GOP Expected to Control Congress

Trump’s 2024 Election Odds Jump to 66% on Polymarket; GOP Expected to Control CongressDonald Trump’s prospects of winning the 2024 election have risen, with the prediction market Polymarket reporting his odds at 66% as of July 2, 2024. Meanwhile, a wager worth $294 million indicates that incumbent President Joe Biden’s chances stand at 18%. Trump Favored Over Biden in 2024 Election According to Prediction Markets The Polygon-powered prediction […]

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Polymarket Bet on Biden Dropping Out Rises to 50% as Camp David Retreat Fuels Speculation

Polymarket Bet on Biden Dropping Out Rises to 50% as Camp David Retreat Fuels SpeculationThis weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in the wager regarding whether incumbent President Joe Biden will withdraw from the race. Just two days prior, the odds of Biden stepping down were at 39%, and as of June 30, 2024, the probability has […]

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Donald Trump’s VP Contenders: A Look at Polymarket Odds and Favorites

Donald Trump’s VP Contenders: A Look at Polymarket Odds and FavoritesWith the 2024 election set for November, there’s growing curiosity about whom former President Donald Trump will select as his vice-presidential candidate. Currently, the decentralized prediction market Polymarket is featuring bets on a wide array of potential candidates, with this weekend showing a mystery candidate and Republican Senator J.D. Vance of Ohio as the frontrunners. […]

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Polymarket Bets Show Growing Confidence in Trump’s Election Victory Over Biden

Polymarket Bets Show Growing Confidence in Trump’s Election Victory Over BidenTen days ago, after former President Donald Trump was convicted on 34 counts connected to a hush-money scheme, Polymarket bets indicated his chances of winning the 2024 election still stood at 54%, compared to incumbent President Joe Biden’s 40%. Since that time, the gap between Trump and Biden has widened significantly, with Polymarket odds increasingly […]

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Conviction Fails to Deter Donald Trump’s 2024 Election Odds, According to Polymarket Bets

Conviction Fails to Deter Donald Trump’s 2024 Election Odds, According to Polymarket BetsFollowing the landmark news of former President Donald Trump’s conviction on 34 counts related to a hush-money scheme allegedly influencing the 2016 election, data from the Polygon-powered prediction market Polymarket shows Trump still leading in forecast bets for the 2024 election. Convicted But Leading: Trump Tops 2024 Election Predictions on Polymarket According to Polymarket, Donald […]

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CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket $1.4 Million, Shuts Down Noncompliant Markets

CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket .4 Million, Shuts Down Noncompliant MarketsThe U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based binary options online trading contracts, known as ‘event markets,'” said the derivatives regulator. CFTC Takes First Crypto […]

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Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project

Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against ProjectOn July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation