Chain News Today TheBitTimes.com

1. Polymarket Accurately Predicts the 2024 U.S. Election Outcome In the 2024 U.S. presidential election, the decentralized prediction market platform Polymarket once again demonstrated its remarkable foresight, successfully predicting the final outcome through the collective intelligence of market participants. Even before Election Day, market contracts on Polymarket supporting a Trump victory saw a significant increase in trading volume, with predicted probabilities reaching as high as 75%, far surpassing the results of traditional polling agencies. Polymarket’s co-founder stated that this success not only highlights the potential of prediction markets but also provides the public with a more transparent and dynamic reference for public opinion trends. With the gradual development of regulatory frameworks, prediction markets are expected to become an important tool for global decision-making support, offering forward-looking data insights across various fields. 2. Ethena Launches a Ne...

Bitcoin’s volatility has reached unprecedented levels in Japan, with the BTC-JPY pair overtaking BTC-USD in terms of 90-day realized volatility. This development signifies the first occurrence since 2022 in which BTC-JPY has shown greater volatility than its U.S. equivalent. Recent market conditions in Japan, particularly in the aftermath of last week’s general elections, have significantly contributed to this change. The current projections suggest that altcoins may soon experience a rally, especially given the current market outlook. In light of this, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar As of now, Ethena’s ENA token is valued at $0.351879, representing a slight decline of 0.06% in the last 24 hours. In contrast, KAIA (Kaia) has shown strong performance among the recent listings on Binance, with a significant rise of 17.21%, bringing its pri...