Polymarket


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Will Trump Trounce Biden? Polymarket Traders Are Betting on It.

With a 56% chance of winning, according to the prediction market's traders, the former president has a 22-point lead over the incumbent, far bigger than what the polls indicate.

(Justin Sullivan/Getty Images)

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CZ Begins 4-Month Prison Sentence; Polymarket Bettors Doubt Trump Will Go to Prison

"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, including Binance founder Changpeng "CZ" Zhao reporting to a federal prison in California for his 4-month sentence. Plus, Polymarket traders doubt Trump will go to prison and Dapper Labs reached a tentative settlement agreement in its class action securities suit.

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Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets

Plus: Polymarket traders doubt Trump will go to prison; Kalshi bettors are at odds with the CME FedWatch poll on rate cuts.

NEW YORK, NEW YORK - MAY 28: Former U.S. President Donald Trump sits in court during his trial for allegedly covering up hush money payments at Manhattan Criminal Court on May 28, 2024 in New York City. Donald Trump arrived for closing arguments in his hush money trial ahead of the jury deciding whether to make him the first criminally convicted former president and current White House hopeful in history. (Photo by Spencer Platt/Getty Images)

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TRUMP Token Sinks After Former U.S. President Is Found Guilty in New York

TRUMP dropped 35%, while Jeo Boden surged 20% in the aftermath.

Trump arrives at an NFT dinner in May 2024. (Danny Nelson/CoinDesk)

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Ether Surges 17%, Polymarket Approval Chances Rocket as ETF Makes Regulatory Progress

The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed.

(CoinDesk Indices)

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Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket

The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding well over $70 million.

Polymarket CEO Shayne Coplan (Polymarket)

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U.S. CFTC Proposes Ban on Political Event Contracts

The U.S. derivatives regulator approved a proposed rule that punctuates a long-standing legal dispute between the agency and predictive markets platforms.

Rostin Behnam

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Polymarket Bettors Put Their Money on Trump Being Convicted Before Election Day

Bettors on Polymarket give a 76% chance that former President Donald Trump will be convicted before election day. This is up from 57% in late March when the contract was initiated, and Trump’s hush money trial kicked off. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets

Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.

Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015 in Fremont, California. After several production delays, Elon Mush officially launched the much anticipated Tesla Model X Crossover SUV. The

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Polymarket Odds Say Columbia University President Will Keep Job

Continuing pro-Palestine protests won't lead to Minouche Shafik having a fate similar to Claudine Gay, who was recently forced to resign as Harvard's president, the prediction market signals. Plus: Kalshi bettors don't think Taylor Swift will break her record.

Columbia University President Minouche Shafik (Alex Wong/Getty Images)