Polymarket's bet on Ether ETF approval led to $13.2M in wagers; confusion arose over the definition of 'approval', causing turmoil and increased Ethereum price volatility.
Polymarket users are upset after losing money on Ethereum ETF prediction markets due to unclear outcomes and platform issues.
Polymarket users are upset after losing money on Ethereum ETF prediction markets due to unclear approval processes, even though the platform closed the market with a 'Yes' outcome.
Polymarket users are protesting due to market closure resulting from predicted approval of Ethereum ETFs by the SEC.
Polymarket faces criticism after resolving a $13M bet on the approval of an Ethereum ETF in favor of 'Yes', despite the SEC announcement not being conclusive.
The SEC's rumored approval of Ethereum ETFs sparked over $13 million in bets on Polymarket, leading to debates among investors about the veracity of the approval.
Polymarket may confront an $11 million dispute pending the approval of an Ethereum ETF.
Polymarket opens bets on the approval of spot Ethereum ETFs by May 31, with $10 million at stake.
The article covers Galaxy Digital and CoinShares' Q1 earnings, Franklin Templeton's blockchain commitment, Polymarket's funding, and dYdX's leadership change.
Peter Thiel's Founders Fund led Polymarket's $45 million Series B round, aimed at the crypto prediction platform. Valuation fell below the $1 billion target following a CFTC proposal to ban event betting contracts.
Polymarket, a crypto prediction market platform, secures $45 million in Series B funding, with contributions from Ethereum's founder, Vitalik Buterin.
Polymarket, a blockchain-based betting platform, has raised $70M from investors including Ethereum co-founder Vitalik Buterin. The site has seen $39.5M in bets from 2,600 wallets in 28 days.
Polymarket, a blockchain-based betting platform, has raised $70 million, with notable investment from personalities like Vitalik Buterin and funds associated with Peter Thiel. The company is also considering regulated options in the U.S. for its users.
Polymarket, a cryptocurrency-based prediction platform, has secured $45 million in funding from prominent investors, including Ethereum co-founder Vitalik Buterin.
Polymarket, a prediction market platform, has received significant investments from high-profile entities like Founders Fund and Ethereum co-founder Vitalik Buterin, indicating a surge of growth before the US presidential elections.
Amid growing U.S. regulatory scrutiny, crypto betting platform Polymarket has obtained $70 million from Peter Thiel's Founders Fund to bolster its global expansion.
Peter Thiel's Founders Fund and Ethereum co-founder Vitalik Buterin participated in a $45M Series B funding for the crypto prediction platform Polymarket.
Polymarket secures a $45 million investment from influential figures including Peter Thiel's Founders Fund and Ethereum co-founder Vitalik Buterin, following a $25 million Series A round led by General Catalyst.
On Polymarket, betting odds show an equal chance for Trump and Biden in the election, diverging from mainstream polls. Other contracts suggest 35% odds for a Republican sweep and a 27% likelihood of Democrats controlling the Senate.
The memecoin 'Jeo Boden' spiked 20% after a comment by Donald Trump, creating a divide in opinion over its future prospects. While some see it as a savvy investment, others warn it's hype-driven with potential for rapid decline. Polymarket speculates on Trump mentioning it again.
Polymarket, a decentralized prediction platform, suggests equal chances for Michelle Obama and Robert F. Kennedy Jr. to win the 2024 U.S. presidential election, with implications for the cryptocurrency market, including Bitcoin and Ethereum.
Despite having no presidential ambitions, Michelle Obama is equally favored by oddsmakers as crypto-friendly potential candidates on Polymarket.
Polymarket odds indicate only a 7% chance of the U.S. SEC approving a spot Ethereum ETF, plummeting from a 76% probability earlier this year.
Prediction markets foresee Elon Musk to continue as Tesla CEO, and incessantly tweet, while also predicting a probable conviction for Trump. A CFTC hearing debates the ban on political betting.
Traders and investors are wary despite possible Federal Reserve rate cuts, impacting Bitcoin and Wall Street amid falling digital asset prices.
Traders on Polymarket are showing a lack of confidence in the Federal Reserve cutting rates, as evident in a trader's plea.
Polymarket traders speculate that Binance's CEO, CZ, will face less than a year in jail, while the CFTC aims to prevent Americans from illegally betting on elections.
Polymarket predicts Minouche Shafik will remain as Columbia University President despite pro-Palestine protests, in contrast to Claudine Gay's forced resignation from Harvard.
Market participants predict the US Federal Reserve will maintain current interest rates, impacting crypto and tech markets.
Polymarket traders speculate a 32% likelihood of no Federal Reserve rate cuts in 2023, potentially affecting cryptocurrencies and tech stocks.
A mere 14% of Polymarket users predict Bitcoin will exceed its highest value, while another bet indicates a 68% likelihood of Bitcoin surpassing $60,000 by the end of the month.
Polymarket offers an 8% yield for bets on China not invading Taiwan, compared to lower Taiwan bond yields. Middle Eastern turmoil has little effect on presidential odds.
Betting on the 2024 U.S. presidential election has escalated, with odds shifting on Polymarket. Trump's lead over Biden has narrowed, reflecting a heated contest.
Crypto enthusiasts bet nearly $100K on LayerZero's token airdrop by April end. Betting on token distributions is high, with interest in platforms like Tensor and Eigenlayer.
Prediction markets like Polymarket show a 75% probability that Eigenlayer will airdrop free tokens by June 30. Additionally, Kalshi has secured a major Wall Street account.