Polymarket


Markets

Polymarket Bettors Put Nearly $80M on Biden's Democratic Chances

Market data shows Polymarket bettors called Biden's drop out hours before it was announced.

The market ponders Joe Biden's future (Jon Tyson/Unsplash)

Policy

With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee

Vice President Kamala Harris is in the strongest position after Biden's departure.

Vice President Kamala Harris and President Joe Biden (Kevin Dietsch/Getty Images)

Markets

CrowdStrike Outage Could Be Fixed Within the Day, Unlikely Caused by a Hack, Polymarket Bettors Say

Bettors are placing their money on the service being fixed by the end of Friday, with a slight possibility of it happening by mid-day.

A 'Blue Screen of Death' (Wikipedia)

Videos

Biden Dropout Chances Rise on Polymarket After Covid Diagnosis

The chances of President Joe Biden withdrawing from the race for U.S. president rose to 66% on betting platform Polymarket after the President confirmed on X that he had been diagnosed with Covid-19. In an interview with BET News that aired yesterday, Biden said that he would consider dropping out should he be diagnosed with a medical condition. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Markets

Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies

As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of victory for the now crypto-friendly Donald Trump slipped on prediction market Polymarket.

Bitcoin (BTC) price on July 18 (CoinDesk)

Policy

Biden Dropout Chances Rise to 68% After Covid Diagnosis

President Joe Biden said during an interview that if a medical condition emerged, he'd consider dropping out of the race.

The market ponders Joe Biden's future (Jon Tyson/Unsplash)

Tech

The Protocol: Polymarket Feeds Political Junkies, With Nate Silver

In this week's issue of CoinDesk's blockchain tech newsletter, we look at the "alternative news source" that Polymarket's prediction-betting site has become.

(Andrew Haimerl/Unsplash)

Finance

Polymarket Hires Nate Silver After Taking in $265M of Bets on U.S. Election: Report

The crypto-based prediction market has taken more than $400 million in bets this year.

Nate Silver will now reportedly work for prediction market Polymarket. (Slaven Vlasic/Getty Images for AWXII)

Markets

Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick

With a millennial running mate, the former president now has a 72% chance of retaking the White House, traders on the crypto-based prediction market are signaling.

MILWAUKEE, WISCONSIN - JULY 15: (L-R) Tucker Carlson, U.S. Rep. Byron Donalds (R-FL), Republican presidential candidate, former U.S. President Donald Trump,  Republican Vice Presidential candidate, U.S. Sen. J.D. Vance (R-OH), and Speaker of the House Mike Johnson (R-LA) appear on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin. Delegates, politicians, and the Republican faithful are in Milwaukee for the annual convention, concluding with former President Donald Trump accepting his party's presidential nomination. The RNC takes place from July 15-18. (Photo by Chip Somodevilla/Getty Images)

Videos

Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting; Alexey Pertsev Denied Bail

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket's probability for former president Donald Trump to retake the White House jumped to an all-time high on Saturday after he was injured from a shooting at a Pennsylvania rally. Plus, Tornado Cash developer Alexey Pertsev was denied bail by a Dutch court on Friday, and Chainalysis releases a new report on money-laundering.

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