Polymarket Eyes $10B Valuation in US Return with CFTC Relief

Blockchain prediction market platform Polymarket is set to return to the US with regulatory approval from the CFTC, according to a Business Insider report. The company is also seeking new funding that could elevate its valuation from $1 billion in June to as high as $10 billion, reflecting surging investor interest in prediction markets and crypto ventures. Polymarket had previously raised $200 million in a round led by Peter Thiel’s Founders Fund, known for backing high-profile companies like OpenAI and Palantir. This development underscores the maturation of prediction markets as a legitimate financial tool and the broader acceptance of crypto projects within regulatory frameworks.

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Coinbase CEO Advocates Bitcoin as Superior to Gold at World Economic Forum

At the World Economic Forum, Coinbase CEO Brian Armstrong declared Bitcoin a superior form of money compared to gold, citing its scarcity, portability, and utility. He anticipates a shift towards Bitcoin reserves among governments, particularly under the Trump administration, which he believes will foster a more favorable regulatory environment for the crypto industry. Armstrong’s comments reflect a broader optimism for Bitcoin’s future, with expectations of aggressive growth and clearer regulations in the coming years.

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US Stocks Mixed as Traders React to Fed Minutes and Rate Outlook

US stocks closed mixed as traders digested the Fed’s December meeting minutes, which highlighted inflation risks linked to Trump’s trade policy. Investors are anticipating one to two rate cuts in 2025, with a near-100% chance of a pause at the January meeting. Attention is now on Friday’s jobs report, which could influence future rate decisions.

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Altcoins Expected to Outperform Bitcoin in 2025 Amid Regulatory Changes

Citi analysts predict 2025 will be a pivotal year for altcoins, driven by favorable regulatory changes under Trump, as Bitcoin’s growth slows. With Bitcoin’s recent rally stalling, altcoins like Ethereum and XRP are expected to gain momentum, benefiting from a more optimistic regulatory environment. The anticipated shift in policy could enhance the legitimacy of altcoins, leading to significant price increases.

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Bullish Investors Misguided as Wall Street’s Biggest Bear Predicts 2025 Decline

Bullish investors may be misjudging the market outlook for 2025, according to a leading bear among Wall Street banks. This perspective suggests that optimism could be misplaced as economic conditions evolve. The analysis highlights potential pitfalls for those overly confident in market growth.

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