Polymarket

Polymarket has identified that a prominent whale trader, managing four accounts tied to Donald Trump-related bets, is of French nationality. What Happened: The trader, using the alias Fredi9999, has an “extensive background in trading and financial services,” according to Polymarket, as...

Jim Bianco, President of Bianco Research, addressed concerns about election betting market manipulation, stating that these markets are operating fairly and reflect accurate information. What Happened: In a detailed thread on X on Wednesday, Bianco argued that election betting markets, such as...

A Polymarket trader operating under the name Fredi9999, along with related four other accounts, has been placing substantial bets on Donald Trump, sparking major buzz within the trading community. What Happened: Harry Crane, a Rutgers statistics professor, highlighted the real-time positions of...

Blockchain based prediction market Polymarket is conducting a thorough review of its user base to ensure that large-scale bettors on the platform are based outside the United States, in compliance with its regulations. What Happened: The platform, which prohibits U.S. users from trading, has...

With just 14 days until the presidential election, former President Donald Trump's winning probability has surged to at least 60% on major prediction markets Polymarket and Kalshi. What Happened: Polymarket data shows Trump with a 63.3% chance of winning compared to Vice President Kamala Harris's...

Brett Winton, Chief Futurist at Ark Invest, took to X on Tuesday to explain the difference in numbers between betting markets and poll-based forecasts ahead of the November elections. What Happened: Winton highlighted that prediction markets have often diverged from poll-based approaches, with a...

Billionaire investor and entrepreneur Mark Cuban expressed skepticism about the significance of Polymarket's election odds, which have shown growing support for former President Donald Trump. What Happened: In an interview with CNBC, Cuban stated that he does not believe Polymarket’s odds are...

As the 2024 U.S. presidential election draws closer, former President Donald Trump has opened up a substantial lead over Vice President Kamala Harris, according to prediction market traders. What Happened: Polymarket shows Trump with a 61.3% chance of winning the presidency compared to Harris...

Pierre Ferragu, an analyst at New Street Research, recently expressed his views on the disconnect between prediction markets and the press regarding the 2024 U.S. presidential elections What Happened: On Thursday, Ferragu took to X to highlight the contrasting narratives between the media and...

A close head-to-head battle between Donald Trump and Vice President Kamala Harris is expected in polls for the 2024 presidential election. Betting prediction markets paint a different picture with one candidate jumping out to a sizable lead. Here's the latest. What Happened: Prediction markets...

Billionaire investor and former hedge fund manager Stanley Druckenmiller, the chairman and CEO of Duquesne Family Office on Thursday noted that the market is starting to price Donald Trump winning the 2024 election. What Happened: Druckenmiller said that while the 2024 election...

Media stocks are set to benefit from advertising spend by politicians, presidential debates and media appearances by presidential candidates during the 2024 election cycle. Music streaming platform Spotify Technology (NYSE:SPOT) could turn out to be one of the underrated winners of the election...

Vice President Kamala Harris‘ upcoming Fox News interview with Brett Baier, airing at 6 p.m. ET Wednesday, has sparked considerable speculation among prediction market traders. What Happened: Polymarket traders bet there’s a 14% chance Kamala Harris will mention Donald Trump more than...

Editor’s note: The story has been updated with details about the possible identity of the trader betting on Donald Trump. Data analysis suggests that a single entity may be behind a massive $26 million bet on Donald Trump winning the election on the Polymarket platform. What Happened:...

The head-to-head matchup between Vice President Kamala Harris and Donald Trump remains close in election polls and betting odds with less than one month until the 2024 election day. The two methods of predicting the winner of the 2024 presidential election appear to differ on who will be sworn in...