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Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy

The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high,…

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Trump Maintains Slight Advantage in Election Odds on Polymarket After Harris Interview 

After a 40-day interview hiatus, Vice President Kamala Harris has finally given her first Q&A session since President Joe Biden announced he won’t seek re-election in 2024. According to Polymarket’s…

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36% Chance for Durov’s Freedom in August: Polymarket’s High-Stakes Bet on Telegram Founder’s Fate

According to the blockchain-powered prediction market Polymarket, bettors are giving Telegram founder Pavel Durov a 36% chance of being released this month. Durov was taken into custody by French judicial…

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Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact

The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market Committee (FOMC) meeting in September is highly likely. However, BCA Research’s chief…

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Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet 

On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against Kamala Harris for the 2024 presidential election. As of 8:19…

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Polymarket Odds Suggest 81% Chance of RFK Jr. Exiting 2024 Race as Shanahan Hints at Trump Alliance

Based on Polymarket odds, Robert F. Kennedy Jr., a 2024 independent presidential candidate, has a 81% probability of exiting the race after his running mate, Nicole Shanahan, hinted that their…

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Bets on Harris Slide in Predictions Market After Her Price Controls Plan Sparks Controversy

In a twist of political fortunes, Vice President Kamala Harris, who had been leading in the race against former President Donald Trump for the 2024 election, saw her odds dip…

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Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut

Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch…

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Polymarket Open Interest Rebounds as August Set to Challenge July’s Record

Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13…

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Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket

Recently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the Mpox outbreak, commonly known as monkeypox, is now a public health emergency of…

Continue ReadingPandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket