Polymarket, a number one prediction market platform, has launched help for bitcoin deposits, increasing past earlier choices similar to USDC, USDT, Ethereum, Polygon, and Solana.
This transfer permits customers to fund their accounts immediately with bitcoin, aligning with the cryptocurrency’s latest surge to historic highs.
Bitcoin worth surges gas prediction exercise
The replace comes as bitcoin not too long ago hit an all-time excessive above $126,000, with present buying and selling ranges round $124,300.
On Polymarket, 61% of customers now predict that bitcoin will attain $130,000 in October, with complete wagers on this consequence reaching $655,594.
For year-end 2025 forecasts, 84% of individuals count on costs to hit $130,000, whereas 52% and 36% are betting on $140,000 and $150,000 targets, respectively.
Total betting quantity for these long-term predictions has surpassed $30.6 million.
NYSE’s father or mother eyes main funding
The Intercontinental Alternate (ICE), proprietor of the New York Inventory Alternate, is reportedly in talks to accumulate a $2 billion stake in Polymarket.
Such a deal might worth the prediction platform between $8 billion and $10 billion, in keeping with The Wall Avenue Journal.
Beforehand, Polymarket secured funding from 1789 Capital, backed by Donald Trump Jr., and purchased the derivatives trade QCEX for $112 million, gaining a CFTC license to function in the US.
Regulatory journey and market place
Polymarket’s enlargement comes after overcoming vital regulatory hurdles.
In 2022, the CFTC fined the platform $1.4 million for unregistered actions, and the Division of Justice later investigated the corporate earlier than closing the case in 2025.
Regardless of these challenges, Polymarket has continued to develop, although it was quickly displaced because the main prediction market by Kalshi in September.