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Tag: Polymarket

WiseCryptoNews

WiseCryptoNews Portal Launches While Polymarket Puts XRP ETF Approval Odds at 79%

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WiseCryptoNews has unveiled its platform built to track the most important developments across digital assets, offering readers a clearer view of shifting sentiment in real time. With the The XRP ETF approval debate heating up, the need for sharper insight into how crypto markets, narratives, and regulation cannot be over emphasized. Case in point: decentralized prediction platform Polymarket now puts the odds of a spot XRP ETF gaining SEC...

$XRP, ETFs, Polymarket, Regulation, SEC

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Polymarket

What is Polymarket?

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Polymarket is a decentralized prediction market platform where users bet on real-world events using USDC on the Polygon blockchain. It was launched in 2020 by Shayne Coplan and has grown to over 1.6 million users, with $4 billion in trading volume during the 2024 U.S. election. It offers peer-to-peer trading, no fees, and transparent smart contract payouts, but faces regulatory and manipulation risks. Surprisingly, despite...

Cryptocurrencies, Main, Polygon, Polymarket

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Trump’s Election Win: Millions Made on Polymarket

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Polymarket Traders Profit Big from Trump’s Victory: One trader, Théo, earned approximately $50 million from betting on Donald Trump’s 2024 presidential win. Election Results: Donald Trump won with 50.9% of the popular vote and is projected to secure 295 electoral votes. Market Impact: The betting success stories highlight the growing influence of prediction markets in political forecasting. Introduction to...

Donald Trump, Front page, News, Polymarket, USA Election

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Polymarket bettors see Bitcoin touching USD $70,000 this month

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Bitcoin’s price predicted to hit $70,000 this October with a 40% surge in betting odds on Polymarket. There’s a 70% chance for a new all-time high (ATH) in 2024 according to separate market contracts. U.S. presidential election dynamics are contributing to the bullish crypto market sentiments. The Current Market Pulse As of mid-October 2024, the cryptocurrency market, particularly Bitcoin, is witnessing an...

ATH, Bitcoin, Front page, News, October, Polymarket

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Ethereum vs Bitcoin ATH 2024

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Ethereum has only a 16% chance of reaching a new all-time high in 2024, according to Polymarket bettors. Ethereum’s performance against Bitcoin has weakened, currently at 40-month lows. Bitcoin’s odds for reaching new highs are more optimistic compared to Ethereum’s. Ethereum’s Uncertain Future in 2024: Betting Odds Reflect Skepticism The crypto community’s gaze has been particularly fixed on...

Bitcoin, Cryptocurrencies, Ethereum, Front page, News, Polymarket

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