Tag: Prediction Markets

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Polymarket Whales Favor Trump as Election Betting Surges Past $400M

Polymarket Whales Favor Trump as Election Betting Surges Past $400M

Trump's bettors, however, seem to have more conviction: the top five holders of the 'Yes' side of Trump's contract hold a collective 9.1 million share [...]
Polymarket Feeds Political Junkies, With Nate Silver

Polymarket Feeds Political Junkies, With Nate Silver

4. Pyth, a blockchain oracle protocol, has officially launched its newest product, Express Relay, on mainnet, according to the team: "The launch intro [...]
Polymarket Hires Nate Silver After Taking in $265M of Bets on U.S. Election: Report

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

As the U.S. presidential election enters its final stretch, crypto-based prediction market platform Polymarket is striking while the iron is hot by hi [...]
Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick

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

A total of $262 million has been staked on Polymarket's presidential election contract, a record for crypto-based prediction markets, if not all predi [...]
U.S. Secret Service Chief Probably Won’t Be Fired, Polymarket Bets Signal

U.S. Secret Service Chief Probably Won’t Be Fired, Polymarket Bets Signal

Each share pays $1 if the prediction turns out to be correct, and zero if not. The bets are settled in USDC, a stablecoin, or cryptocurrency pegged to [...]
Biden’s Odds of Dropping Out Jump Again on Polymarket Ahead of President’s Press Conference

Biden’s Odds of Dropping Out Jump Again on Polymarket Ahead of President’s Press Conference

The odds increased ahead of Biden's first press conference in months this evening U.S. time. Concerns about his age and cognitive health have led to w [...]
Prediction Markets and Polls Both Got the French Election Wrong

Prediction Markets and Polls Both Got the French Election Wrong

"The 'Liste des nuances' includes both individual parties and coalitions, which supports the interpretation that the official French election results [...]
Joe Biden’s Odds on Prediction Market Polymarket Little Changed After ABC TV Interview

Joe Biden’s Odds on Prediction Market Polymarket Little Changed After ABC TV Interview

"Prediction markets have long been sought as a prime use case for blockchains," wrote Zack Pokorny, an analyst at Galaxy Digital, in a research note F [...]
Biden’s Odds of Dropping Out Surge to Almost 80% on Polymarket After New York Times Report

Biden’s Odds of Dropping Out Surge to Almost 80% on Polymarket After New York Times Report

Plenty of Washington talking heads have talked down Biden's ability to prevail in the 2024 election against Trump after a faltering debate performance [...]
Kamala Harris’ Odds of Winning Democratic Nomination Surge on Polymarket

Kamala Harris’ Odds of Winning Democratic Nomination Surge on Polymarket

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Biden Likely to Win Popular Vote, but Not Presidency, Prediction Market Signals

Biden Likely to Win Popular Vote, but Not Presidency, Prediction Market Signals

With the review pending, Polymarket traders are giving the claim a 19% of being true as of U.S. morning hours on Monday, down from a peak of 60% when [...]
Will Trump Trounce Biden? Polymarket Traders Are Betting on It.

Will Trump Trounce Biden? Polymarket Traders Are Betting on It.

On the other hand, these traders are betting on what will happen, not what they want to happen. So they are highly incentivized to research and make i [...]
Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets

Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets

On PredictIt, a more mainstream betting site where trades are placed in dollars rather than stablecoins, the Trump contract actually gained 1 cent fol [...]
Trump Widens Lead Over With Biden (on Polymarket and PredictIt) After Courting Crypto Vote

Trump Widens Lead Over With Biden (on Polymarket and PredictIt) After Courting Crypto Vote

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Will RFK Jr. Debate Trump or Biden? Probably Not, Prediction Market Says

Will RFK Jr. Debate Trump or Biden? Probably Not, Prediction Market Says

Plus: Which cat-themed meme coin will hit $1 billion first? www.coindesk.com [...]
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