After a $112 Million Deal, Crypto Betting Platform Polymarket Might Return to the U.S.
32 Articles
32 Articles
$125,000 Bitcoin by End of July? Polymarket Wagers Say Yes
Everyone buys BTC ▼-0.06% at the price they deserve, and Polymarket soon believes that will be $125,000. A majority now backs BTC to clear $125,000 before July’s clock runs out; another sign that institutional and retail euphoria is outpacing caution as crypto legislation takes shape in D.C. Current odds show 36% betting on a $125K breakout, while belief in loftier highs thins out fast: only 11% see $130K in reach, with just 3% gunning for $140K…
Polymarket plots US return after snapping up CFTC-licensed firm for $112m
Polymarket is set to return to the US after putting pen to paper on a $112m deal to acquire Commodity Futures Trading Commission (CFTC)-licensed exchange QXC. The deal, which will see Polymarket snap up both the QXC derivatives exchange and QC Clearing clearing house, means the prediction market is in line for a return to US operations. The acquisition comes after the US government ended its investigation into Polymarket, in what was an operatio…
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