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Polymarket
Polymarket Bettors Miss Out on $270K Due to Pavel Durov's Early Release
Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.
Will Donald Trump Drop Out of the Sept. 10 Debate?
Despite the noises Trump has made about pulling out of a Sept. 10 debate with opponent Kamala Harris, Polymarket traders seem fairly certain that the former President will show up. "Yes" shares for "Will Trump debate Kamala on Sept. 10?" are trading at 96 cents, indicating the market sees a 96% chance he will go through with it. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Trump Unlikely to Drop Out of ABC Debate With Harris Despite Threats: Polymarket Traders
The mics probably won't be muted, traders on the crypto-based prediction market platform are signaling.
Telegram CEO Pavel Durov Could Be Free by October: Polymarket Bettors
A press release from French prosecutors said he could be released Wednesday, but the market isn't confident he'll be out by then.
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.