This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts based on the outcome of U.S. congressional elections. Circuit Judge Millett’s opinion supports the legality of the contracts, dismissing claims of gaming or election gambling. […]
Polymarket hit new milestones in September, with trading volume climbing to $ 533.51 million, exceeding August’s $ 472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior month. Polymarket Booms Ahead of U.S. Election: $ 533M in Volume, 90K Users in September …
With only 44 days remaining until the U.S. election, the blockchain-powered predictions market Polymarket shows Vice President Kamala Harris slightly ahead in a wager against former President Donald Trump. As of Sunday, Sept. 22, Harris holds 52%, with Trump close on her heels at 47%. Harris Tops Trump in Polls and Prediction Markets as Countdown […]
While the crypto market’s brief dip after U.S. Presidential candidate Kamala Harris’ debate “win” against Donald Trump suggested the market favours the former president, Ziad El Baba, Ramp Network’s chief product officer, says the drop’s short-lived nature indicates users are wary of both candidates. El Baba also notes the market’s quick recovery reinforces a notion […]
Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a new bet has emerged. People are now speculating on the chances of Trump launching a cryptocurrency […]