The investment could help Polymarket return to the U.S. market, after it was shut off to U.S. users in 2022 following a settlement with the CFTC.
ICE is in advanced talks to invest $2 billion in Polymarket, potentially valuing the platform between $8 billion and $10 billion, according to WSJ.
Polymarket has enabled bitcoin deposits on its prediction market as BTC trades near record highs and punters favor a $130,000 October peak.
The odds of a U.S. government shutdown have reached an all-time high on Polymarket, at 82% that lawmakers will fail to pass the necessary funding by the October deadline. As bipartisan talks stall and key meetings are canceled by President Trump, both parties appear unwilling to budge. The stalemate is turning up the risk of […]
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Kalshi’s weekly trading volume exceeded $500 million with an average open interest of around $189 million, surpassing Polymarket’s figures, according to Dune analytics data.
Crypto prediction platform Polymarket has become the subject of a token launch speculation after its parent company Blockratize’s latest filing with the US Securities and Exchange Commission (SEC). In the document, the company disclosed that it had sought to raise $257 million, of which $135 million was sold. The firm still has about $122 million […]
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Chainlink (LINK), one of the crypto market’s leading providers of decentralized oracle solutions, has announced a partnership with the prediction market platform Polymarket. Polymarket Integrates Chainlink On Polygon According to Friday’s announcement, the new integration is now live on the Polygon (POL) mainnet, enabling Polymarket to establish secure and real-time prediction markets centered around asset pricing, including numerous active cryptocurrency trading pairs. This collaboration also explores new methodologies to address more subjective questions. By doing so, Polymarket seeks to reduce its dependence on social voting mechanisms, thereby mitigating resolution risks in its markets. Related Reading: Bitcoin Crawls Up On Weak Supply: 30D Momentum Reveals It Lacks Real Demand The integration combines Chainlink Data Streams, which deliver low-latency, timestamped, and verifiable oracle reports, with Chainlink Automation, ensuring timely and automated on-chain market settlements. This infrastructure reportedly allows for swift resolution of any asset pricing predictions, such as Bitcoin (BTC) price forecasts, based on predetermined parameters. Sergey Nazarov, Co-Founder of Chainlink, commented on the partnership, stating that Polymarket’s decision to integrate Chainlink’s oracle infrastructure is a “pivotal milestone” that transforms the creation and settlement of prediction markets. He emphasized that when outcomes are determined by high-quality data and tamper-proof computation, prediction markets evolve into reliable signals that can be trusted globally. This partnership is viewed as a significant advancement toward a future grounded in cryptographic truth. $100 Billion In DeFi Value Chainlink has established itself as a leading data infrastructure provider, securing nearly $100 billion in total value across various decentralized finance (DeFi) applications and facilitating transactions worth tens of trillions. The protocol’s reliability stems from its decentralized network of independent node operators, which ensures that applications function seamlessly without single points of failure. Polymarket, on the other hand, launched in 2020, has rapidly grown into a source for real-time information. Its recent acquisition of QCEX, a CFTC-licensed exchange and clearinghouse for $112 million, highlights its goal to re-entering the US market. Additionally, Polymarket has partnered with X (formerly Twitter) to offer integrated products that provide users with data-driven insights and personalized market recommendations. Related Reading: XRP Price Gets Tighter: Here’s The Level Keeping It From Price Discovery Looking ahead, market analysts are predicting that Chainlink’s growing adoption could lead to significant milestones in the coming years. One expert speculated that by 2030, Chainlink could surpass XRP in market significance. In a social media post, crypto expert Fishy Catfish outlined various predictions, suggesting that Chainlink will become the dominant platform for building financial workflows on-chain and that the future will be characterized by asset-centric and application-centric ecosystems rather than chain-centric ones. When writing, Chainlink’s native token, LINK, surged by 5%, reaching $24.70. This price increase has caused the cryptocurrency to outperform its peers, such as Bitcoin, which has seen gains of 87% compared to LINK’s 133% year-to-date uptrend. Featured image from DALL-E, chart from TradingView.com
That would be a massive jump as the betting platform raised funds at just a $1 billion valuation just back in June.
Polymarket has launched a new integration with Chainlink that upgrades how its prediction markets are priced and settled, according to a Sept. 12 statement shared with CryptoSlate. The rollout connects Chainlink’s oracle infrastructure to Polymarket’s platform on Polygon mainnet, giving traders access to faster, tamper-resistant data feeds and automated settlement tools. The system pairs Chainlink […]
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Polymarket has added Chainlink’s oracle stack on Polygon to deliver tamper-resistant, automated resolutions as the platform eyes a U.S. expansion.
Chainlink will supply data for objective, fact-based markets. The challenge of reliably resolving more subjective bets remains.
Hyperliquid’s decision to launch its stablecoin has sparked one of the most competitive governance battles in recent memory. Last week, the decentralized exchange, which had been relying on Circle’s USDC for its liquidity, announced plans to introduce USDH as its native stablecoin. The move immediately attracted a wave of bidders, each vying for the right […]
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The market expects a 25 basis point cut, with a 91% probability according to the CME's FedWatch Tool.
Peter Schiff has renewed his critique of Bitcoin as Tom Lee of Fundstrat pushes a headline-grabbing $200,000 price target for the cryptocurrency. Related Reading: Why $50 XRP By December 2025 Isn’t ‘Hopium’ If ETFs Get Greenlight: Analyst According to reports, Lee says the market’s recent weakness is tied to the Federal Reserve’s reluctance to cut interest rates, while Schiff points to gold’s recent rally as a warning sign for Bitcoin. Schiff Points To Gold’s Rally In an X post, the gold bug Schiff highlighted that the yellow metal rose 10% over the last two months and reached a new high of $3,620. “Markets are forward-looking. That’s why gold is up 10% in advance of coming rate cuts,” he said, arguing that gold’s move shows traders expect easier policy ahead. Bitcoin, he added, has not followed gold’s lead, and that gap worries him. Permabull @fundstrat forecast Bitcoin will hit $200K by year-end, as Bitcoin is sensitive to Fed rate cuts. He said the Fed’s two-month pause is why Bitcoin hasn’t rallied over that time period. But gold rallied 10% during those two months, hitting a record $3,620 as he spoke. — Peter Schiff (@PeterSchiff) September 8, 2025 Lee’s $200,000 Call And His Explanation Tom Lee remains optimistic. He has argued that the influx of institutional investors gives Bitcoin new “counter-cyclical characteristics,” and that bigger players could push prices much higher over time. Based on reports, Lee blames the recent underperformance on the Fed and keeps the $200,000 figure in public view. His stance continues to make him one of Wall Street’s best-known permabulls – persons who maintain a perpetually optimistic outlook. Market Odds And Traders’ View Polymarket users appear unconvinced by Lee’s timetable. At press time, markets show an 8% chance of Bitcoin reaching $200k this year. The same markets place roughly an 8% chance on Bitcoin dropping below $70,000 by the end of 2025. Those odds suggest bettors are split and that headline targets are being treated with skepticism. Source: Polymarket A Broader Performance Check Schiff has also pointed to longer-term measurements. He noted that Bitcoin is down 16% against gold over the past four years, even though the cryptocurrency has posted strong gains versus the US dollar in that span. He warned that when “more air” comes out of the Bitcoin bubble, the four-year returns may look weak. The idea that the old four-year cycle tied to halvings may be fading was raised by other analysts in recent commentary, and that debate is ongoing. Related Reading: Tighter Premiums Put Crypto Treasuries On Risky Road, According To NYDIG What Comes Next For Bitcoin Schiff went further by saying Bitcoin is more likely to sink below $100k than to reach $200k, putting a cautious spin on the outlook. This view makes clear where Schiff stands: he treats gold’s rally as a forward signal about future policy and believes Bitcoin’s lag is not a short-term quirk but a structural concern. Lee’s counter is that institutional flows could change how Bitcoin moves over time. Featured image from Meta, chart from TradingView
With U.S. regulatory approval in hand, the crypto prediction market is moving beyond politics to challenge the far larger opportunity in sports betting.
The predictions market firm had recently acquired the CFTC-regulated platform, and now the regulator has granted it certain concessions.
According to market reports, two ETF decisions are coming up in October. Grayscale faces an Oct. 18 deadline, while Canary is set for Oct. 24. Related Reading: Mastercard Stresses Crypto Is An Enhancement, Not A Substitute A Polymarket poll, which has roughly $150,000 in assets, shows approval odds rising to 87% from an August low of 64%. Some traders say those odds are helping prices because investors expect the US regulator to wrap up multiple ETF filings around the same time, as was the case with spot Bitcoin and Ethereum approvals earlier this year. Market Flows And Demand Data Reports have disclosed strong flows into crypto funds, and analysts point to those moves when discussing potential XRP demand. XRP rose 3% on Tuesday to $2.80, pulling back from this week’s low of $2.68. The move trimmed part of a slide that has pushed the token about 23% below its year-to-date peak of $3.6654. Traders told market watchers they were watching the pair of ETF deadlines on the calendar as one reason for the bounce. Spot Bitcoin ETFs have taken in over $54 billion in inflows, while Ethereum funds show about $13 billion. Existing XRP-related ETFs from providers such as Teucrium and ProShares have pulled in millions in assets, according to filings and industry commentary. The newly launched CME futures for XRP reached more than $1 billion in open interest quickly, a pace that has been noted by some market participants as a sign of appetite for XRP trading exposure. Technical Setup Points To A Possible Breakout XRP fell from a July high of $3.66 to roughly $2.80 recently. That drop is being read by some technicians as part of a falling wedge pattern, which many chart readers view as a bullish formation. Risks Remain Meanwhile, regulatory timing is uncertain. The US regulator has postponed related ETF decisions multiple times, and another delay is possible. Broader market weakness could blunt demand even if approvals arrive. Reports and market commentaries caution that past outcomes for Bitcoin and Ethereum do not automatically guarantee identical results for XRP, given differences in market structure and history. Related Reading: No Fireworks, Just Grind: Bitcoin Could Drift To $1M Over 7 Years: Analyst What Traders Are Watching According to exchange data and polls, sentiment has shifted toward a higher chance of approvals, and that shift appears to be supporting price action this week. Still, traders say it will take clear confirmations — either from regulatory filings or strong fund flows — to extend gains beyond the current bounce. For now, XRP sits between support near $2.68 and the $4 target that would signal a more sustained move higher. Featured image from Meta, chart from TradingView
Traders on Polymarket see a 7% chance of Johnson winning the bid.
Alongside, Trump Jr. will join the Polymarket advisory board.
Polymarket sees Powell finishing 2025 unscathed, even as Trump’s bid to oust Lisa Cook tests the Fed’s legal shield.
This transition will allow only whitelisted members of the platform to propose resolutions for Polymarket's prediction markets.
The partnership aims to use Grok’s AI to analyze real-world events for Kalshi’s regulated prediction markets.
Elon Musk’s xAI is bringing its Grok LLM to CFTC-regulated prediction market Kalshi, which raised $185 million at a $2 billion valuation in June.
Polymarket would create its own stablecoin to own the yield-generating USD reserves that back the amount of Circle’s dollar-pegged token, USDC, a source said.
Significant legal challenges would arise from an attempt to remove Fed chair Jerome Powell, but Polymarket bettors are warming to the idea – even if it's still a longshot.
The FBI raided Polymarket founder Shayne Coplan's home last year.
In the wake of UMA’s controversial ruling on whether Volodymyr Zelenskyy wore a suit, one of Polymarket’s top traders says the dispute system is broken, and is costing the platform users.
Polymarket, a crypto-based betting platform, has recently been involved in two controversies surrounding its resolution system, raising questions about the reliability of decentralized dispute mechanisms. One controversy centers on a $200 million bet on whether Ukrainian President Volodymyr Zelensky would wear a suit before the end of June. The wager’s outcome has sparked debate about […]
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The disputed resolution reignites a debate about the fairness of UMA's governance protocol.
Perceived odds of a U.S. recession peaked at 66% back in April as Wall Street banks were raising red flags, yet they have since plunged as trade negotiations advanced.