Telegram (AI) YouTube Facebook X
Ру
Polymarket Introduces Bitcoin Support

Polymarket Introduces Bitcoin Support

NYSE's parent company is negotiating to acquire a stake in the platform.

The prediction platform Polymarket has introduced support for the leading cryptocurrency for account deposits.

Previously, the platform offered deposits in stablecoins USDC, USDT, and cryptocurrencies Ethereum, Polygon, and Solana.

This update comes as Bitcoin reached a historic high above $126,000. At the time of writing, digital gold is trading around $124,300.

image
Hourly BTC/USDT chart on Binance. Source: TradingView.

Currently, in the platform’s section dedicated to Bitcoin price predictions for October, the most likely scenario is reaching $130,000. This outcome is believed by 61% of users. The betting volume is estimated at $655,594.

image
Source: Polymarket.

Expectations for the first cryptocurrency’s price by the end of 2025 are divided. 84% of participants believe it will rise to $130,000. Additionally, 52% and 36% predict levels of $140,000 and $150,000, respectively. The total betting volume in this segment exceeds $30.6 million.

image
Source: Polymarket.

NYSE Eyes Polymarket

Intercontinental Exchange, the parent company of the NYSE, is in talks to acquire a $2 billion stake in Polymarket, according to The Wall Street Journal.

Informed sources indicated that the deal could value the prediction platform at $8-10 billion.

Earlier this year, Polymarket secured investments from 1789 Capital, backed by Donald Trump Jr., the son of the former U.S. President. In September, media reported that the project was seeking new capital.

At least one investor has proposed a deal valuing the prediction market at $10 billion.

In July, Polymarket acquired the derivatives exchange QCEX for $112 million, which holds a license from the CFTC. Subsequently, the regulator gave the green light for the platform to resume operations in the United States.

In 2022, the Commission fined the prediction market $1.4 million for operating without proper registration in the country. Later, it was revealed that the Department of Justice was investigating the platform. In 2025, the case was closed.

In September, Kalshi displaced Polymarket from its position as the leader in the prediction market.

Подписывайтесь на ForkLog в социальных сетях

Telegram (основной канал) Facebook X
Нашли ошибку в тексте? Выделите ее и нажмите CTRL+ENTER

Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!

We use cookies to improve the quality of our service.

By using this website, you agree to the Privacy policy.

OK