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A multi-million bet on “Ethereum ETF approved by May 31” resolved to a “Yes” on Polymarket as news from the SEC broke, but the losing side argues it’s not over yet. Go to Source
Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket secures funding to expand its global operations despite restrictions. Go to Source
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 … Read more
Just a 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application. Go to Source
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. … Read more
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 … Read more
Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election. Go to Source
“All derivatives markets must operate within the bounds of the law regardless of the technology used,” said Acting Director of Enforcement Vincent McGonagle. Go to Source Powered by WPeMatico
Polymarket is believed to have hired CTFC enforcement head James McDonald to handle the probe. Go to Source Powered by WPeMatico
Emerging Ethereum-powered predictions platform Polymarket produced six-figure volume amid the first presidential debates. Go to Source Powered by WPeMatico
