Polymarket

Hockey is the top sport in Canada, and the National Hockey League reigns supreme among professional sports leagues. Seven Canadian teams compete in the league for the coveted Stanley Cup trophy. After a 30+ year drought of no Stanley Cups, Canada is four wins away from seeing a championship return...

Polymarket bettors profited handsomely after a federal court struck down President Donald Trump's "Liberation Day" tariffs on Wednesday. What happened: The betting contract titled, "Will courts block Trump’s tariffs before June?" resolved to "Yes" on the decentralized prediction platform. The...

Millions of people around the world will watch the Indianapolis 500 race on Sunday, May 25. Cryptocurrency investors and fans, especially those who like Dogecoin (CRYPTO: DOGE) may have more reasons to tune into this year's race. 2025 Indianapolis 500: Cars in NASCAR and other racing leagues have...

The odds of the U.S. entering a recession in 2025 have plummeted sharply on prediction platforms, aided by a de-escalation in the U.S.-China trade conflict. What happened: Wagers in favor of a contract titled "US recession in 2025?" dropped from a peak of 66% in early April to 39% currently on...

Odds that the U.S. would plunge into recession in 2025 dipped below 50% on decentralized prediction market Polymarket after the U.S. announced a trade deal with China on Sunday. What Happened:  Bets in favor of a betting contract titled “US recession in 2025?” dropped from 52% to...

Following Tuesday’s uptick, cryptocurrency bookmakers sharply increased their odds of Bitcoin (CRYPTO: BTC) recovering the critical $100,000 milestone this month. What happened: The odds hit 83% overnight Tuesday before falling to 76% as of this writing on Polymarket, a decentralized...

The 151st Kentucky Derby kicks takes place Saturday and will see multiple horses compete in one of the top horse races of the year and as the first step to winning a Triple Crown. Here's a look at how to watch the race, the betting odds and some of the famous horse owners. How to Watch 2025...

Tesla Inc (NASDAQ:TSLA) has shut down a report that the company was actively looking to replace CEO Elon Musk. While it remains to be seen if the report was factual or not, prediction markets saw odds that Musk leaves the company in 2025 spike. What Happened: Facing weaker financials and seeing CEO...

The death of Pope Francis at the age of 88 has brought attention to the Catholic Church and the selection of selecting a new pope. Here's how prediction markets and a 2024 movie could profit from the pope's death. Pope's Funeral Set: A funeral for Pope Francis, the global leader of the Catholic...

Pope Francis has died at the age of 88 leaving a vacancy for the position of the global head of the Catholic Church. Here's a look at the betting odds for the next pope and why sports bettors believe one Major League Baseball player will hit a home run Monday. Next Pope Odds: Pope Francis was the...

Noted investment adviser Gary Black drew attention Sunday to the rising odds of a recession in 2025 due to President Donald Trump’s tariff measures. What Happened: Black, managing partner at The Future Fund, highlighted the increasing likelihood of the U.S. slipping into...

U.S. President Donald Trump on Thursday lashed out at Federal Reserve Chair Jerome Powell on Tuesday, calling him "Too Late and Wrong" over the central bank's ongoing reluctance to cut interest rates, just as market forecasts increasingly price in a prolonged Fed pause. What Happened: "The ECB is...

Social media giant Meta Platforms (NASDAQ:META) could be forced to spinoff or divest Instagram and WhatsApp as the result of a pending trial with the Federal Trade Commission. What Happened: Lina Khan, who stepped down as FTC Chair in January 2025, is speaking out as Meta's antitrust trial begins...

Amid an escalating trade war, cryptocurrency bettors sharply raised the odds that President Donald Trump would impose additional tariffs on a defiant China.  What happened: Bets in favor of the outcome surged past 80% on Polygon (CRYPTO: POL)-based Polymarket, marking a 58 percentage point...