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Gate Founder & CEO Dr. Han: RWA Trading Volume Could Grow 100x in the Next 2-5 Years
Odaily reports that Gate Founder & CEO Dr. Han stated that the crypto industry is gradually transitioning from the infrastructure building phase to the phase of real-world application adoption. The directions he is most optimistic about include Prediction Markets and Real World Assets (RWA).Dr. Han proposed: "In the next 2 to 5 years, RWA trading volume could grow by 100 times, potentially even surpassing the trading volume of cryptocurrencies themselves." He believes that as on-chain infrastructure matures, more traditional assets will enter the blockchain ecosystem, shifting the industry's growth logic from asset speculation to real value transfer.In line with this trend, Gate has been continuously advancing its related布局. As the first CEX platform to integrate with Polymarket, Gate has consistently ranked among the top three in cooperation channels, allowing users to directly participate in prediction markets via the Gate App. Meanwhile, Gate's Pre-IPOs digital subscription mechanism has launched its first project, SpaceX (SPCX), with a fundraising scale close to $395 million, continuously expanding the integration scenarios between crypto and traditional finance. (Cointelegraph)
Caixin: Polymarket's Use of USDC for Settlement and Delivery Poses Significant Legal Risks for Participants in Mainland China
Odaily News Caixin.com published an article titled "Financial Innovation or Insider Trading? The Rise and Controversy of Polymarket." It points out that when insider information can be openly monetized, the boundaries of prediction markets have already blurred. Is this "gambling" cloaked in financial attire, or even suspected insider trading? However, regardless of the legal debate over whether it constitutes gambling, the fact that Polymarket uses the USDC stablecoin for settlement and delivery itself poses a significant legal risk for participants within mainland China. Previously, U.S. Senators Merkley and Klobuchar introduced the "End Prediction Market Corruption Act," which prohibits the President, Vice President, and members of Congress from trading on prediction markets and requires the prediction market trading activities of their spouses and dependent children to be included in annual financial disclosures.
X product lead Nikita Bier criticizes the excessive spam from prediction markets on the platform
Odaily News X product lead and Solana advisor Nikita Bier posted criticizing the excessive spam from prediction markets on the X platform. He shared a picture of a beautiful environment with the caption, "This is what the X platform looks like without prediction market spam."
Kalshi CEO: The first Prediction Market Conference will be held in March 2026.
According to Odaily Planet Daily, Tarek Mansour, co-founder and CEO of Kalshi, announced on the X platform that the first Prediction Market Conference is planned for March 2026. Researchers, economists, policymakers, and traders will gather to discuss core issues surrounding prediction markets and knowledge aggregation. Space is limited, and interested participants should contact the organizers in advance.
Jupiter announces the launch of its prediction market beta
Odaily Planet Daily News: Solana ecosystem DEX Jupiter announced the launch of the Jupiter Prediction Market beta version, with liquidity support provided by Kalshi.
PredX宣布完成Preseed轮融资,由Penrose Tech领投,Malana ventures参投
Odaily星球日报讯 今年 2 月,PredX 宣布完成 Preseed 轮融资,由 Penrose Tech 领投,Malana ventures 参投。目前 PredX 正在进行种子轮融资,估值为 2000 万美元。融资资金将用于训练 AI 适配 Prediction Market,建设全球社区。 PredX 是由 SEI 链孵化的预测市场事件交易所,用户能够在该平台将自己对热门事件趋势的看法进行交易。PredX 通过区块链记录所有交易,可以保障交易安全、且便于审计。因为 SEI 链没有中央账本,这使成长于 SEI 生态的 PredX 能够提供比传统 web2 市场更民主的解决方案。AI 加持下的 PredX 将根据用户偏好推送热门事件,以增强用户粘性及参与度。
Bitwise Analyst: Expect Bitcoin Price to Surge to $80,000 in 2024
Odaily News Bitwise senior research analyst Ryan Rasmussen predicts that the price of Bitcoin will soar to $80,000 in 2024, setting a new all-time high. Bitwise predicts that the amount of funds used for settlement by stablecoins will exceed payment giant Visa in 2024. As of the third quarter of 2023, Visa processed more than $9 trillion in payments, while stablecoin transaction volume exceeded $5 trillion. The market value of stablecoins has grown from almost zero nearly four years ago to $137 billion now, and it is expected to usher in more transaction volumes and usage scenarios in 2024. Additionally, asset management firm Van Eck predicts that the total stablecoin market capitalization will grow to $200 billion by the end of next year. Bitwise also predicts that with the expected launch of the Bitcoin spot ETF in early 2024 and the Bitcoin halving event in April, Bitcoin will usher in important catalysts for price growth. Bitcoin spot ETF assets under management are expected to reach $72 billion in the next five years. Ethereum will also improve significantly in 2024, with its revenue expected to grow 100% to $5 billion, while the EIP-4484 upgrade may reduce Ethereum mainnet gas fees to less than $0.01. In the traditional finance (TradFi) space, Coinbase is seen as the top contender to benefit the most in 2024, with Bitwise predicting that its revenue will grow 100% next year, exceeding Wall Street expectations by ten times. (Cointelegraph)
BitMart Prediction Market Launches New User Promotion: Up to 100 USDT Rewards in the First Month
Odaily Planet Daily News: According to official sources, BitMart has launched a Prediction Market newcomer reward activity for newly registered users, running from July 3 to August 31, 2026. After users register for the event on the activity page and complete their first valid prediction market trade, they will unlock a 4-week newcomer protection period. The protection amount increases weekly, at 5 USDT, 10 USDT, 15 USDT, and 20 USDT respectively. If a user incurs a net loss on settled orders during that week, they can receive corresponding protection compensation according to the rules.In addition to the protection compensation, users who complete designated tasks during the protection period can unlock up to 50 USDT in extra rewards. Tasks include completing at least one valid trade per week for four consecutive weeks, achieving a cumulative trading volume of 50 USDT in the first month, and completing no fewer than five valid trades. Based on the activity rules, the total reward a user can obtain in the first month is up to 100 USDT.Note: This activity is only applicable to users in designated markets that comply with BitMart policies and have relevant services available. Users in certain countries or regions may be unable to participate due to local laws, regulations, regulatory requirements, or platform policy restrictions.