Tag: Polymarket

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Polymarket Eyes U.S. Comeback As Investors Signal Up To $10 Billion Valuation

Polymarket, the blockchain prediction platform, is preparing to return to the U.S. and raise new funds that could push its value as high as...

Polymarket Plans to Launch a Stablecoin to Generate Yield on USDC Holdings

Polymarket, the blockchain-based prediction market platform, is planning to launch its own stablecoin to capitalize on the massive pools of USDC that are used...

Polymarket Acquires QCEX For $112M, Clears Path For U.S. Expansion

Polymarket has bought QCEX, the holding company of QCX exchange and QC Clearing, for $112 million this week. The move comes just days after US...

Decentralised Betting Platform Polymarket Nears $200M Round As Valuation Tops $1B

Polymarket, a decentralised prediction market platform, is in advanced talks to raise $200 million this month, a round that would push its valuation past...

Ethereum Co-Founder Sees Prediction Markets Like Polymarket’s High Utility In Finance

Ethereum co-founder Vitalik Buterin has expressed his optimism on the use of prediction applications in the space of finance. According to his latest article,...

France Set To Ban Polymarket After Citizens Make Big Bets On Trump’s Win

Ploymarket is set to face a ban from the French authorities, given the high amount of money that people had used as bets during...

Polymarket Whale Nets $20.4M Profit Amid Trump’s Victory as Largest Harris Better Loses $4.9M

In a remarkable development on Polymarket's presidential prediction markets, several whale traders have recorded extraordinary profits, with the top performer "Theo4" securing an impressive...

Polymarket Sees Higher Bets For Republican Victory: A Guy Bets $15M on Pro-Crypto Trump’s Win

The bets on a Republican victory have been rising on the online application Polymarket. In what comes as a surprising move, a person has...

Crypto Investor Places $2.03M Bet on Trumps Election Victory, Transfers USDC To Polymarket

A notable cryptocurrency investor has made a substantial wager on the outcome of the 2024 U.S. presidential election, withdrawing 2.03 million USDC from Binance...

Bitcoin Price Set to Soar? Polymarket Data Shows 68% Odds for $70K in October

Bitcoin (BTC) has been experiencing a significant upward trend, recently reaching a 10-week high of nearly $68,000 on October 15. Despite some subsequent volatility,...

Pro-Crypto Donald Trump’s Election Odds Skyrocket to 60% On Polymarket

Donald Trump has once again garnered attention from people, especially that of the crypto community. According to bets made on the speculation application Polymarket,...

Nick Szabo Leads Polymarket Odds To Be Revealed As Satoshi In HBO’s Documentary

American computer scientist Nick Szabo has become the frontrunner on Polymarket to be identified as Bitcoin's mysterious creator, Satoshi Nakamoto, in HBO’s upcoming documentary...