๐DeFi enthusiasts, get your popcorn ready! Despite Trump's conviction, Polymarket bettors are betting on his return to the White House.๐๏ธ The odds? A solid 54%.๐
Meanwhile, Kalshi traders are betting against a rate cut this year.๐ซ๐ฐ
Now, let's talk numbers. On Polymarket, Trump's conviction barely moved prices, knocking just a penny off the "yes" contract's value.๐ช
On the flip side, PredictIt, a more mainstream betting site, saw the Trump contract gain 1 cent post-verdict.๐ฒ
As for Trump's prison sentence, Polymarket bettors are fairly confident he won't be seeing the inside of a cell.๐
In other news, Kalshi and Polymarket traders are not pricing in a rate cut, creating a stark contrast with the CME FedWatch poll.๐
Economists are split on whether the Federal Reserve will lower interest rates in 2024.๐ค
What's your take? Are you team Polymarket or team PredictIt? And what about the rate cut? Let's get the conversation started in the comments!๐ #DeFi #Web3