
Simply put
- The crypto market is shaking bullish this week, dramatically changing the odds in favor of Bitcoin and Solana’s new all-time best mark.
- Forecasters believe Bitcoin exceeded $121,000 on Thursday, making it much more likely to reach $125,000 before $105,000.
- Speculation about the polymer token is picking up steam, but predictors do not expect to be announced by the end of the year.
Users in the whimsical forecast market have gone from bullish to bearish in recent weeks as crypto prices fell and demand stagnated. But after a string of green days after the US government shutdown, predictors are once again bullish.
It once again caused a noticeable shaking in countless most traded forecast markets, including Bitcoin and Solana.
Let’s take a deeper look at some of the myriad markets this week.
(Disclaimer: Myriad Markets is a product of Dastan, the parent company of Decrypt.)
Next hit for Bitcoin: Soaking from $125,000 to the month or $105,000?
Market Open: July 10th
Close to the market: Open to resolution
volume: $379K
linkSee the latest odds for: “Next hit for Bitcoin: immerse yourself in $125,000 from the month or $105,000” market Countless
Bitcoin hit $125,000 on August 14th to under $872, sending the chance that the popular market could reach 94% in favor of “$125,000”.
However, the brief euphoria, which had an almost certain predictor of a move to $125,000, quickly disappeared. By August 29th, the $125,000 odds had been reduced to 25.2% due to bear control.
now, Top Crypto Asset Recovered $120,000 On Thursday, the predictor once again found bullish stripes. Mooning’s odds have risen by more than 50% over the past two days, dramatically shaking at the current situation at 81% as of Thursday afternoon.
Probably that’s true “Uptober.” Historically a strong month for Bitcoin, BTC has been green in nine of the last 10 octobars, fueling the meme that another strong month has been pre-directed into the market.
While the analyst said Decryption This week, macro traders are less likely to trade based solely on a calendar, so rate cuts and increased odds for strong ETF inflows are creating conditions that underpin the movement.
Will it be enough to create a new all-time great for $125,000?
What’s next? Thanks to nearly 11% profit this week, BTC has a record 2.6% off, 3.47% off, up from $125,000.
Will Polymarket announce tokens this year?
Market Open: August 6th
Close to the market: December 31st
volume: $105K
linkSee the latest odds for: “Will Polymarket announce tokens this year?” market Countless
Forecast market headlines have been plentiful throughout the last year as use cases become one of the most important consumer breakthroughs in crypto.
And now, one of the main forecasting markets, Polymarket is expected to return to the US market.
Regulation submission Show that the market may be open to US residents On Thursday, four years after it was banned by the CFTC. The return does not indicate the intent to launch the token, but previous reports It suggested that the forecast market is pondering the launch of potential tokens.
Predictors Myriad doesn’t think the company will announce the tokens – at least not 2025.
The odds for polymake, which announced plans for the 2025 initial coin offering (ICO) or token generation event (TGE), reached 25% on Myriad. In other words, predictors believe there is a 73% chance that major forecasting market platforms will not publish token-related news before the end of the year.
This has shown an odds shift of about 23% over the past few days, resulting in a strong deviation in the options pair after the market has been in the 40-60% range since its inception.
Some Users guess There is no formula yet for the company to give us the opportunity to “farm” hypothetical tokens before official announcements and releases. And as time goes by that year, the odds of token news are slipping.
What’s next? The US launch of Polymarket is clearly imminent.
Is this the best new Solana ever?
Market Open: August 6th
Close to the market: December 31st
volume: $105K
linkSee the latest odds for: “New Solana will be the best ever by the end of the year” market Countless
At $232, Solana is a 20.6% off, the highest ever, $293.31, but Countless predictors are divided Regarding whether assets will be marked high this year.
The sixth largest cryptocurrency by market capitalization surpassed its major peers this week, with over 19% jumping in between, while Bitcoin and Ethereum only earning 10.7% and 16.9% respectively.
Momentum has returned to a highly volatile forecast market. Odds currently support “yes” at 54%, but 46% of predictors do not expect a new all-time high before the calendar reaches 2026.
This represents a swing of about 6% over the past few days as predictors give way to the momentum of Solprice’s movement.
The odds are watching over this market, with the “yes” odds dropping at 37.7% last week. In the week before that, they had risen to 65.5%.
However, according to Bloomberg ETF analyst Eric Bulknas, the current upwards could soon be supported by a much-anticipated catalyst, such as the expected approval of Solana ETF.
For Baltuna, it is no longer the case of sol etf, and not when. It’s likely that it will always be.
Add the fact that it’s a forward industry We plan to add another $4 billion in funds. Buying SOL and new Ministry of Finance, like Visonsys You’re on the queue and you could be seeing the highest height ever.
What’s next? The Solana ETF is scheduled to be released in October.
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