Category: Polymarket

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Donald Trump’s VP Contenders: A Look at Polymarket Odds and Favorites

With the 2024 election set for November, there’s growing curiosity about whom former President Donald Trump will select as his vice-presidential candidate. Currently, the decentralized prediction market Polymarket is featuring bets on a wide array of potential candidates, with this weekend showing a mystery candidate and Republican Senator J.D. Vance of Ohio as the frontrunners.…
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Betting Odds Odds Suggest 24% Chance Joe Biden Will Exit 2024 Election Race

According to a bet on Polymarket, a decentralized predictions platform powered by Polygon, there’s a wager on whether current U.S. President Joe Biden will exit the 2024 election race. Currently, the likelihood of Biden stepping down has grown over the past few months to a 24% probability, as indicated by Polymarket bettors. Political Futures in…
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Polymarket Bets Show Growing Confidence in Trump’s Election Victory Over Biden

Ten days ago, after former President Donald Trump was convicted on 34 counts connected to a hush-money scheme, Polymarket bets indicated his chances of winning the 2024 election still stood at 54%, compared to incumbent President Joe Biden’s 40%. Since that time, the gap between Trump and Biden has widened significantly, with Polymarket odds increasingly…
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Conviction Fails to Deter Donald Trump’s 2024 Election Odds, According to Polymarket Bets

Following the landmark news of former President Donald Trump’s conviction on 34 counts related to a hush-money scheme allegedly influencing the 2016 election, data from the Polygon-powered prediction market Polymarket shows Trump still leading in forecast bets for the 2024 election. Convicted But Leading: Trump Tops 2024 Election Predictions on Polymarket According to Polymarket, Donald…
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Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval

Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to do so. Grayscale’s Strategic Ethereum Trust Retraction Filing Raises Questions Per a filing with…
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Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC

According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval but has since plummeted by 91% over the last three months.…
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Presidential Election Betting Surges as Odds Tighten on Polymarket

The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from Polymarket still place Trump in the lead, albeit by…
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Polygon-Based Prediction Market Shows Michelle Obama Rising to Third in 2024 Election Odds, Challenging Trump and Biden

24 days ago, Bitcoin.com News delved into Polymarket’s decentralized prediction market odds for the 2024 U.S. elections, with former President Donald Trump at the forefront, closely trailed by the sitting President Joe Biden, and the ex-U.S. Ambassador to the U.N., Nikki Haley. Since that report, the dynamics have shifted significantly, with Michelle Obama, former President…
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Super Bowl 58 Wagers Heat up — 49ers Lead as Crypto Betting Markets Favor Their Victory

In just under two weeks, the National Football League (NFL) champions of the American Football Conference (AFC), the Kansas City Chiefs, and their counterparts from the National Football Conference (NFC), the San Francisco 49ers, will clash in the much-anticipated Super Bowl 58. As of right now, various cryptocurrency betting platforms indicate a preference for the…
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Polymarket Predicts Trump as 2024 US Election Winner With 48% Chance, Biden and Haley Trail in Predictions

With the U.S. presidential election just about nine months on the horizon, it appears that American electors are poised to encounter familiar faces from the 2020 race — Joe Biden and Donald Trump. Recent data from the decentralized crypto-based predictions platform Polymarket suggests that Trump, the nation’s 45th president, is currently leading with a 48%…
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