IOSG|Interpreting the key factors for the success of Polymarket and Pump.fun
As long as you are a crypto player, you have probably heard of the myths of Pump.fun and Polymarket.
JinseFinanceAs long as you are a crypto player, you have probably heard of the myths of Pump.fun and Polymarket.
JinseFinanceThe crypto market is known for its huge volatility, and prediction markets allow users to participate in the prediction of the outcomes of major events in a more stake-based way. This chart summarizes the prediction events with large trading volumes for investors to more accurately grasp the current market context.
JinseFinanceAs the crypto industry moves into the consumer application phase, Polymarket’s success in temporarily replacing existing prediction markets is significant.
JinseFinancePolymarket’s recent success is almost entirely a result of the election.
JinseFinanceAs the expectations of $ETH ETF passing heat up, the market’s attention is gradually returning to the EVM ecosystem. As the largest prediction market on the chain, Polymarket has attracted much attention because of whether $ETH ETF can pass smoothly.
JinseFinanceBinance US encounters regulatory challenges in Alaska and Florida, facing license suspension and denial. Uncertainty surrounds resolution and impacts on the crypto industry.
Huang BoSpeculation hints at possible early Bitcoin ETF approvals by January 5, 2024, or before January 20. SEC meetings suggest a positive outlook, with trading expected shortly post-approval, potentially affecting Bitcoin's market sentiment and future.
EdmundWintermute has found itself embroiled in a legal controversy as creditors of the bankrupt cryptocurrency lending platform, Celsius, have made serious allegations against both entities.
BitcoinistWintermute booked $225 million in revenue during the first nine months of 2022, Forbes reported.
OthersHacker warned of legal consequences by Wintermute if stolen funds not returned.
Others