The US crackdown on Venezuela heats up the prediction market enthusiasm

PANews January 8 News, the prediction market is betting on Trump’s next target. After a mysterious trader accurately bet that Maduro would soon lose his leadership position in Venezuela, earning over $400,000 in profit, the prediction platform Polymarket added a new contract allowing users to bet on whether the US will soon strike Colombia or Cuba. This is just one of many war-related contracts on the platform, which exist in a legal and ethical gray area. As investors reassess geopolitics amid the more hardline foreign policy of the Trump administration, interest continues to rise. Traders currently believe there is a 36% chance that Iran’s Supreme Leader Khamenei will be ousted before June 30, higher than the less than 20% level before the US took action against Venezuela. As for Trump “taking” Greenland before the end of the year, the probability remains low but is increasing.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

US Spot Bitcoin ETFs See Renewed Inflows as Selling Pressure Eases

Bitcoin ETFs have seen increased institutional demand, with notable inflows despite overall outflows. Analysts label recent downturns as the weakest bear case in Bitcoin's history, indicating resilience among early investors amid rising financialization concerns.

TheNewsCrypto9m ago

Recent Drawdowns Prove That The Bitcoin Four-Year Cycle Is Still Intact

Kaiko Research indicates that Bitcoin's four-year cycle remains stable, with current price corrections aligning with historical patterns following a peak. The cycle consists of accumulation, halving, a surge to a new high, and subsequent corrections.

Blockzeit31m ago

Starpath launches Pi coin testnet! Technical breakthrough can't prevent the $0.14 crash

Starpath is now live on the Pi Network testnet, providing a risk-free environment for users to experiment with trading and familiarize themselves with Web3. Developers can test applications. It serves as an educational bridge to turn complex concepts into practice. But the harsh reality is: the February migration of 300 million caused the biggest impact, with prices continuously falling close to 0.14, and OTC sell-offs brewing. Technological advances cannot change the overwhelming supply flood that crushes demand.

MarketWhisper8h ago

XRP Today's News: White House Key Negotiation on February 10, ETF Attracts Funds, Decouples from Bitcoin

XRP has risen for two consecutive days, with the focus shifting to the White House Market Structure Bill meeting on February 10. It is expected that a consensus on stablecoin yields will boost demand. XRP ETF inflows are strong, but Bitcoin ETF funds are flowing out. In the short term of February, the outlook remains bearish, but the medium term is bullish.

MarketWhisper8h ago

Bitcoin's bottom still not found! VRP indicator plunges 45%, experts warn that a second wave of decline is imminent

According to GreekLive analysis, the recent market has been stable, but implied volatility (IV) has significantly declined, causing the one-week volatility risk premium (VRP) to drop rapidly from +20% last week to -25%, a decrease of about 45%, setting a record. This reflects the market's quick adjustment of expectations for future volatility, but Bitcoin's volatility shows notable clustering, and institutional sentiment may be overly optimistic. The irrationality in the options market has increased, and historical experience indicates that Bitcoin's bottom has not yet been confirmed.

MarketWhisper8h ago

Coin distribution in February shifted 300 million tokens, the most aggressive ever! The key defense line has been breached, risking a collapse to $0.128.

Pai coin has declined for the third consecutive trading day, with the downward trend aligning with the stable migration to the mainnet, potentially increasing selling pressure. On Monday, 33.06 million Pai coins were transferred to the mainnet, bringing the total transfer volume in February to approximately 300 million coins. The CEX supporting Pai coin recorded 324,152 coins outflow in the past 24 hours. Typically, withdrawals from CEX indicate easing selling pressure, but this suggests that supply pressure mainly comes from off-exchange channels, including OTC.

MarketWhisper8h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)