Prediction Markets Surge Despite US Restrictions
Prediction markets triple in value this year, driven by the US election; Polymarket faces scrutiny for allegedly serving US users despite restrictions.
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Prediction markets triple in value this year, driven by the US election; Polymarket faces scrutiny for allegedly serving US users despite restrictions.
Blast pre-transaction pricing FDV is $2.88 billion, which is almost at the same level as $ZK.
As the expectations of $ETH ETF passing heat up, the market’s attention is gradually returning to the EVM ecosystem. As the largest prediction market on the chain, Polymarket has attracted much attention because of whether $ETH ETF can pass smoothly.
BTC, the top price forecast of BTC in this cycle Golden Finance, the high point of this round is expected to be around $134,000
Former Binance CEO CZ resurfaces on social media, recalling a 2019 Bitcoin forecast upon its price surpassing $8,000. With Bitcoin now trading above $66,000, CZ's prediction appears accurate. Despite ongoing legal issues and a four-month prison sentence, CZ's influence in the crypto community remains evident.
Kiyosaki also praised Wood for having the courage to make such a prediction.
There are two major narratives in the crypto market. First up, Bitcoin. Followed by Ethereum, and Ethereum may explode in 2024.
As cryptocurrency market caps grow and more people have disposable capital on-chain, the prediction markets industry could be profitable, or at least useful.
Daily RSI for SOL has remained below the neutral 50-level for most of the last month indicating a higher sell-side pressure in the market.