Sunday, January 12, 2025

Crypto Betting Frenzy: What’s Next in Polymarket? Will Biden Pardon SBF?

Originally published on: September 24, 2024

**Polymarket’s Unique Betting Pools Amid US Politics Craze**

Polymarket, the popular crypto betting platform, has been making waves with its innovative betting pools, especially around the ongoing US politics saga, leading to a staggering $1 billion in volume.

**Unconventional Bets Steal the Show**

While Polymarket offers traditional betting options, a niche group of traders are drawn to quirky and bizarre bets. As the US election season heats up and crypto policies take center stage, a plethora of offbeat wagers related to politicians and crypto regulations are gaining traction.

**Trump’s Crypto Gambit: Will WLFI Token Hit the Market?**

Speculations are rife around former President Trump’s rumored foray into the crypto space with World Liberty Financial, a mysterious DeFi platform. Amid the buzz, many are betting on whether a token linked to this project will launch before the elections.

**The MAGA Mystery: Will Trump Utter the Cryptic Keyword?**

Another intriguing bet on Polymarket revolves around Trump mentioning the MAGA token prior to the elections. While the odds seem stacked against it, given Trump’s unpredictability, the possibility can’t be entirely ruled out.

**Biden’s Surprise Move: Will SBF Receive a Presidential Pardon?**

With whispers of a potential pardon circulating for Sam “SBF” Bankman-Fried, Polymarket is abuzz with bets on whether President Biden will grant this controversial figure clemency.

**RFK Jr.’s Fallout: A Political Rollercoaster on Polymarket**

The betting frenzy on Trump nominating Robert F. Kennedy Jr. to a Cabinet position saw a surge initially but has mellowed down since the dust settled, leaving the outcome uncertain.

**Lummis’ Bitcoin Reserve Bill: A Bet on US Government’s Crypto Reserves**

Amid talks of the US Government creating a Bitcoin reserve fund as per the Bitcoin Strategic Reserve bill proposed by Senator Cynthia Lummis, Polymarket users are wagering on whether this initiative will come to fruition by 2024.

**Conclusion**

As the political and crypto landscapes intertwine, Polymarket emerges as the go-to platform for enthusiasts eager to place their bets on the next big move in this ever-evolving realm. Stay tuned as the drama unfolds on this unique crypto betting frontier.

*For the latest updates and insights on the intersection of crypto, politics, and betting, keep an eye on Polymarket’s dynamic wagering landscape.*

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