News with the tag "Polymarket"

Is it possible to foresee the future, especially in the volatile world of cryptocurrency? Web3 prediction platform Polymarket is making waves with claims of remarkable accuracy. A recent study indicates that Polymarket’s prediction platform has achieved an astonishing 94% accuracy rate in forecastin...

San Francisco-based fintech company Ripple Labs has filed a trademark application for “Ripple Custody.” The revelation has led to speculations that the firm wants to launch a crypto wallet or custodial services. According to the application , the firm applied for the trademark on February 25. The ac...

Beyond an avenue for making speculative bets, prediction markets can offer an additional glimpse into the prevailing sentiment surrounding a particular matter. You wouldn’t have to look particularly far to see that worries surrounding a potential recession in the United States have skyrocketed as of...

Hold onto your hats, crypto enthusiasts! The buzz around a Litecoin ETF is getting louder, and decentralized prediction markets are adding fuel to the fire. Users on Polymarket, a popular platform for placing bets on future events, are overwhelmingly optimistic about the prospects of a Litecoin ETF ...

UMA Protocol announced its work on a real-world event oracle, to resolve bets on Polymarket. The oracle will be built in partnership with EigenLayer and Polymarket, utilizing the liquidity of the re-staking protocol and the EIGEN token. Polymarket is partnering with UMA Protocol and EigenLayer to bu...

The approach focuses on “intersubjective” truth — facts agreed upon by a community — a feature particularly useful for prediction markets that often rely on community consensus rather than purely objective data. The Partnership to Enhance Oracle Scalability and Functionality UMA, known for its Optim...

Exciting news is rippling through the crypto sphere! Are you ready for a potential game-changer in the XRP market? Polymarket, a popular prediction platform, has just dropped a bombshell: they’re forecasting an impressive 81% probability of an XRP ETF approval by 2025. This surge in optimism comes h...

Arthur Hayes says meme coins are about to take over political campaigns. The former BitMEX CEO believes the 2026 midterms will see politicians ditch traditional ads and embrace blockchain-powered digital assets to drive voter engagement. “Political campaigns won’t just use meme coins—they’ll depend ...

The U.S. Commodity Futures Trading Commission's legal campaign against prediction market platforms such as Polymarket and Kalshi can't just be shut down, according to Caroline Pham, the acting agency chairman put in place by President Donald Trump. Pham said the agency will gather experts for a roun...

United States firm MicroStrategy has become the center of bettors’ fancy on the Polygon-based betting platform Polymarket. According to recent reports, bettors on Polymarket are now placing bids on the Bitcoin acquisition prowess of the United States-based company. In a recent event, the bettors are...