Polymarket

Donald Trump has been in office for less than six months of his four-year term. That doesn't stop voters from looking to the 2028 election with polls and betting odds showing a mix of candidates for both the Republican and Democratic parties. New 2028 Election Poll: A new 2028 presidential election...

Cryptocurrency bettors projected a guilty verdict for rapper Sean “Diddy” Combs on sex trafficking charges, despite prosecutors dropping serious charges against him. What Happened: Odds that the rapper is convicted of sex trafficking or a related felony charge rose 3 percentage points...

Prediction market platform Kalshi has secured a $185 million Series C funding round, pushing the company's valuation to $2 billion. The round was led by Paradigm and Sequoia, with participation from both new and existing investors. "Kalshi today is one of the fastest growing companies in America,"...

Zohran Mamdani is expected to win the New York City Democratic Primary in a surprising turn of events, defeating former New York Governor Andrew Cuomo. While the win secures Mamdani a spot on the general election ballot, he still faces a tough road in November's mayoral race. What Happened: On...

Blockchain-based prediction platform Polymarket is reportedly in advanced stages of raising $200 million in new funding, potentially pushing its valuation to $1 billion, according to sources cited by The Information. The round is said to be led by Peter Thiel's Founders Fund, with the total figure...

Cryptocurrency bettors sharply raised their odds on Monday that the United States and Iran would strike a nuclear deal in 2025 after President Donald Trump confirmed a ceasefire in the ongoing Middle East conflict. What Happened: The odds for the betting contract titled “US-Iran nuclear deal...

Investor optimism surrounding a potential XRP (CRYPTO: XRP) exchange-traded fund (ETF) has reached new heights. What Happened: Bettors on the Polymarket prediction platform are assigning an 89% chance of U.S. approval for XRP ETF by the end of 2025. This surge in confidence, up from 70% earlier...

Cryptocurrency bettors on Polymarket were growing confident that the U.S. would take military action against Iran as President Donald Trump demanded "unconditional surrender." What happened: The odds for the betting contract titled "US military action against Iran before July?" jumped from 48% to...

President Donald Trump asked citizens of Tehran, Iran’s capital, to “immediately” evacuate the city on Monday, as cryptocurrency bettors increased the likelihood that the U.S. would join Israel in the war against the Middle Eastern country. What happened: Trump wrote in a post on...

U.S. recession odds slipped further on Polymarket as a slew of bullish events lifted investor sentiment Wednesday. What happened: Odds in favor of the betting contract titled “US recession in 2025?” were 23% as of this writing, a considerable drop from the all-time high of 66% recorded...

The feud between Elon Musk and Donald Trump may be cooling off after the Tesla CEO apologized for some of his statements. What Happened: In an X post on June 11, Elon Musk expressed regret over some of his recent comments about former President Trump, saying, "They went too far." The move was...

Cryptocurrency bettors saw a strong likelihood that courts would block the deployment of the U.S. military in Los Angeles as protests over President Donald Trump's immigration crackdown entered their fifth day. What happened: The betting contract "Will courts block Trump’s National Guard...

The odds that President Donald Trump would be impeached this year saw a spike on Polymarket after tech mogul Elon Musk backed a call to remove him from office.  What happened: As of this writing, the betting contract titled "Will Trump be impeached in 2025?" had 10% odds in its favor on the...

The bad news for Tesla Inc (NASDAQ:TSLA) and its shareholders continues in 2025, with a highly public feud between CEO Elon Musk and President Donald Trump adding to question marks like demand, brand damage, and robotaxis. A new survey shows whether investors are ready for Tesla to part ways with...

The idea that tech mogul Elon Musk may start his own political party this year is finding some backing from cryptocurrency bookmakers. What happened: The odds that the Tesla and SpaceX CEO would create a political party in 2025 rose to 17% on the decentralized prediction market Polymarket. In fact...