• Aug 10, 2024

The 7 Oddest Political Betting Pools on Polymarket

Political turmoil in the U.S. has prompted surging interest in the decentralized prediction platform Polymarket, with users wagering hundreds of millions of dollars on the outcome of the presidential election in November. Polymarket allows anyone to create a market to wager the outcome of nearly any event. With fewer than 90 days until the election, political betting pools are on the rise. In July, activity on the platform surged, with close to 40,000 traders collectively betting well over $300...

  • Aug 10, 2024

This Week on Crypto Twitter: Bitcoin Battered as Trump-Themed Tokens Dump

Illustration by Mitchell Preffer for Decrypt Crypto Twitter scrambled at the start of the week as dire global economic numbers flooded the crypto market with a sea of red. Coming out of the weekend, renowned Bitcoin hater Peter Schiff said to brace for a “Crypto black Monday.” #Bitcoin just sank below $58K. If it takes out it's July low by tomorrow's U.S. #StockMarket open, #BitcoinETFs will gap down by more than 15%, 30% below their Jan. highs. A loss of that magnitude may finally trigger mass...