Polymarket adds new Olympics category
Predicting market Polymarket adds "Olympics" category, including:Currently, among the countries predicted to win the most gold medals at the Paris Olympics, the United States accounts for 79% and China accounts for 20%. The amount of the prediction market project has reached 1.2 million US dollars; among the countries predicted to win the most medals, the United States accounts for 94% and China accounts for 6%. The amount of the prediction market project has reached 1.3 million US dollars.
Cointime July 20th News Express
1. BlackRock IBIT saw a total net inflow of $705 million this week
Polymarket’s daily trading volume hits a record high of nearly $20 million, and the trading volume in July has exceeded $150 million
According to Dune Analytics data, Polymarket, a prediction market, set a new historical high in trading volume on July 19th, with a total of over $19.5 million. This indicator has grown nearly 20 times in the past three months. Polymarket's trading volume in July has already exceeded $150 million, and it is expected to set a new historical high this month as July has not yet ended. In addition, Polymarket's daily active trading volume reached 4,650 this week, a 17-fold increase in the past three months, and it has added about 90,000 new accounts in the past three months.
Polymarket users believe there is an 11% chance that an Ethereum spot ETF will be approved before May 31
According to data from the on-chain prediction market Polymarket, bettors believe that the probability of an Ethereum spot ETF being approved before May 31st is 11%.
Prediction market platform Polymarket’s transaction volume exceeded US$51 million in January, setting a monthly record high
Polymarket, a prediction market platform, reached a monthly trading volume of $51.34 million in January, setting a new monthly record. In addition, the platform also saw a record high of 8,261 new accounts in the same month. According to its official website, the platform's main prediction category currently focuses on the winner of the 2024 US presidential election, with a predicted amount of $28.98 million.
Polymarket's Trading Volume Surges to $5.7 Million After SEC Approves Bitcoin ETFs
Decentralized betting platform Polymarket saw a surge in trading volume, reaching $5.7 million, after the SEC approved several spot bitcoin ETFs. This surpassed the trading volume of leading NFT marketplace OpenSea, which registered $3.9 million. PolyMarket has allowed investors to bet on the outcome of binary events since its debut in 2020, and last month listed a contract for "Bitcoin ETF approved by Jan 15," which expired on the day of the SEC's decision. The platform saw a sharp increase in activity ahead of the decision, with the number of active users surging to 1,258 on Wednesday.
