Polymarket

They didn't shake hands last time, but that was during the plague. (Justin Sullivan/Getty Images)
Trump and Biden Likely Won't Shake Hands at Debate, Prediction Market Says
Meanwhile, there's a prediction market on whether the U.K. newspaper The Guardian will correct an article unflattering to prediction markets.
They didn't shake hands last time, but that was during the plague. (Justin Sullivan/Getty Images)

(Justin Sullivan/Getty Images)
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 indicat...
(Justin Sullivan/Getty Images)

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

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)
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)

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

(CoinDesk Indices)
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)

Polymarket CEO Shayne Coplan (Polymarket)
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)

Chairman Rostin Behnam's U.S. Commodity Futures Trading Commission proposed a rule Friday to ban certain event contracts in the U.S.  (Jesse Hamilton/CoinDesk)
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.
Chairman Rostin Behnam's U.S. Commodity Futures Trading Commission proposed a rule Friday to ban certain event contracts in the U.S.  (Jesse Hamilton/CoinDesk)

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

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
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