Prediction Market Plays
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- 🐙 Kraken Takes on Cash App with 'Krak'. The new mobile payments app allows users to send each other cash and a variety of crypto tokens.
- 💸 Galaxy Ventures Raises $175M for Inaugural VC Fund. The newly public asset investor has secured a new fund to back crypto startups.
- 🇮🇪 Kraken Scores MiCA License from Ireland. The European Union's Markets in Crypto Assets license will allow Kraken to operate across the 27 EU member states.
| Prices as of 5pm ET | 24hr | 7d |
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Crypto $3.28T | ↘ 0.6% | ↗ 0.9% |
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BTC $107,073 | ↘ 0.5% | ↗ 2.7% |
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ETH $2,409 | ↘ 1.0% | ↘ 3.9% |
Once a week, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇
Prediction markets have become a defining technological innovation of this market cycle, and venture capitalists are now chomping at the bit to get their foot in the door.
This week, Polymarket and Kalshi – two leading prediction market platforms – were reported to be scoring nearly $400M in fresh funding, securing respective reported $1B and $2B valuations from leading venture capital firms including Founders Fund and Paradigm.
While equity upside in these companies is restricted to private market participants, almost anyone can experiment with these platforms by placing bets on real-world events for the chance to profit from correctly predicting the future.
Today, we're taking a look at some general strategic guidelines for becoming a predictions market pro! 🎖️🔮👇
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