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Polymarket acquires the small derivatives platform QCX, approved to return to the US market, with users betting millions of dollars on Trump's election.
This is so dramatic, Polymarket has gone from being investigated by the CFTC to making a comeback, it's like a script of a crypto comeback story. I believe this will stimulate the emergence of more prediction markets, especially in an election year, as funds will flock in.
Combined with the recent surge of ENA and UNI, market sentiment is through the roof, and I am optimistic about a surge in Polymarket users in the short term, but don't overlook regulatory risks; it is advisable to pay attention to their API service dynamics.
In the coming weeks, similar platforms may follow suit with acquisitions, and crypto betting may become a new hotspot
follow like share
Polymarket acquires the small derivatives platform QCX, approved to return to the US market, with users betting millions of dollars on Trump's election.
This is so dramatic, Polymarket has gone from being investigated by the CFTC to making a comeback, it's like a script of a crypto comeback story. I believe this will stimulate the emergence of more prediction markets, especially in an election year, as funds will flock in.
Combined with the recent surge of ENA and UNI, market sentiment is through the roof, and I am optimistic about a surge in Polymarket users in the short term, but don't overlook regulatory risks; it is advisable to pay attention to their API service dynamics.
In the coming weeks, similar platforms may follow suit with acquisitions, and crypto betting may become a new hotspot
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