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Polymarket
Did RFK Jr. Really 'Drop Out'? Polymarket Bettors Argue Over Contract Resolution
Also: Prediction market traders place bets on Telegram CEO's release from jail and on the spread of mpox.
The Power of Prediction Markets
CoinDesk's Jennifer Sanasie discusses the relevance and mechanics of prediction markets, especially in the context of crypto trading. Plus, insights on the value of prediction markets as tools for traders and investors to gauge market sentiment. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Kamala Harris Pulls Well Ahead of Trump on Polymarket
Plus: Will Trump mention crypto in Elon Musk interview?; don't hold your breath for OpenAI's Sora.
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.
Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules
Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
FTX, Alameda Ordered to Pay $12.7B to Creditors; Brazil’s SEC Approves Solana-Based ETF
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a New York judge officially ordered defunct crypto exchange FTX and trading firm Alameda Research will pay $12.7 billion to creditors. Plus, the Brazilian SEC has approved a Solana-based ETF, and Kamala Harris and Donald Trump are tied on Polymarket.
Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.
Kamala Harris, Donald Trump Tied on Polymarket on Who Will Be The Next U.S. President
Donald Trump's chances of winning the 2024 election have declined 13 percentage points in the last month.
Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say
Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy.
Polymarket Whales Favor Trump in 2024 Election; U.S. Government Moves $2B of 'Silk Road' Bitcoin
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket whales are putting their bags on Donald Trump winning the upcoming election. Plus, BTC price falls after the U.S. government moves $2 billion worth of seized bitcoin and the Bank of England said it plans to carry out a series of CBDC and digital ledger experiments.