News with the tag "Polymarket"

Polymarket predicts a 65% chance that Ethereum (ETH) will reach $5,000 by the end of August, reflecting strong market confidence driven by various factors including dApps and macroeconomic trends.

Prediction markets Polymarket and Kalshi have maintained significant trading activity into 2025, with volumes and user engagement remaining above pre-election levels, covering diverse markets including politics, sports, and economics.

Polymarket predicts a 96% probability that Ethereum (ETH) will exceed $4,400 in 2025, reflecting strong market optimism driven by Ethereum's ecosystem and utility in DeFi, NFTs, and Web3 applications.

Polymarket traders predict Bitcoin, Ethereum, Solana, and Dogecoin prices for August 2025, with Bitcoin likely to stay near $120,000 and Ethereum below $4,000.

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Polymarket is considering issuing its own stablecoin, which could significantly impact decentralized finance (DeFi) by enhancing functionality and user engagement within its ecosystem.

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Polymarket acquires derivatives exchange QCEX for $112 million to expand its regulated presence in the US market, aiming to reintroduce its services to American traders.