{"id":348862,"date":"2025-10-08T14:57:43","date_gmt":"2025-10-08T19:57:43","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/10\/08\/polymarket-now-supports-bitcoin-deposits-for-users\/"},"modified":"2025-10-08T14:57:43","modified_gmt":"2025-10-08T19:57:43","slug":"polymarket-now-supports-bitcoin-deposits-for-users","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/10\/08\/polymarket-now-supports-bitcoin-deposits-for-users\/","title":{"rendered":"Polymarket Now Supports Bitcoin Deposits For Users"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Polymarket, the crypto-native prediction market, has added support for bitcoin deposits, giving users a direct way to fund their accounts with BTC alongside other existing crypto options.<\/p>\n<p>The move coincides with bitcoin\u2019s recent rally to all-time highs <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-teases-further-all-time-highs-above-125000\" data-type=\"link\" data-id=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-teases-further-all-time-highs-above-125000\">above<\/a> $126,000, currently trading around $124,300, and reflects growing demand for crypto-native funding options on prediction platforms.<\/p>\n<p>Polymarket <a href=\"https:\/\/bitcoinmagazine.com\/takes\/worlds-largest-prediction-market-polymarket-is-trump-biased\">has taken the world by storm<\/a> over the past two years, emerging as the largest prediction market where users trade shares tied to the outcomes of real-world events \u2014 essentially betting on what the future holds.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>On Polymarket, traders are bullish about the bitcoin price. About 83% of participants <a href=\"https:\/\/polymarket.com\/event\/what-price-will-bitcoin-hit-in-2025\" data-type=\"link\" data-id=\"https:\/\/polymarket.com\/event\/what-price-will-bitcoin-hit-in-2025\" target=\"_blank\" rel=\"noopener\">now predict<\/a> bitcoin will hit $130,000 this year, while 52% and 35% are betting on $140,000 and $150,000, respectively. Total long-term betting volume has exceeded $30.6 million.<\/p>\n<p>Polymarket also accepts other crypto and stablecoins like USDC, USDT, Ethereum, Polygon, and Solana.<\/p>\n<h2 class=\"wp-block-heading\">NYSE parent eyes major investment<\/h2>\n<p>Adding a layer of institutional intrigue, the Intercontinental Exchange (ICE), owner of the New York Stock Exchange, is <a href=\"https:\/\/www.wsj.com\/business\/deals\/nyse-owner-near-deal-for-2-billion-stake-in-polymarket-1e02c88e?gaa_at=eafs&amp;gaa_n=ASWzDAgmNahkGY3DLVwo69Zj-bGe5Y5ggffdJOOwEY3mi94Tes6_kb6p2K0Ots_5Ms4%3D&amp;gaa_ts=68e6ad52&amp;gaa_sig=tw4kzHjuRuy0TBPeczDjK2rh1gThvqJPFp-c6BUzwXm3k-rG6PydXLvy33d5XQQ8lYMOWrz-N34eSXaxuLnUFw%3D%3D\" target=\"_blank\" rel=\"noopener\">reportedly<\/a> considering a $2 billion investment in Polymarket. If completed, the deal could value the platform between $8 billion and $10 billion, according to <em>The Wall Street Journal<\/em>.<\/p>\n<p>Shayne Coplan, the 27-year-old founder of Polymarket, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-08\/polymarket-founder-is-youngest-self-made-billionaire-on-ice-deal\" class=\"broken_link\" target=\"_blank\" rel=\"noopener\">has become<\/a> the youngest self-made billionaire after this investment, per <em>Bloomberg. <\/em>Just a few years ago, Coplan was a NYU dropout building Polymarket from his bathroom after becoming fascinated by the potential of prediction markets.\u00a0<\/p>\n<p>Polymarket has already attracted notable investors, including 1789 Capital, backed by Donald Trump Jr., and acquired derivatives exchange QCEX for $112 million, gaining a U.S. CFTC license in the process.<\/p>\n<p>Polymarket\u2019s expansion comes after navigating significant regulatory hurdles. In 2022, the CFTC <a href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/8478-22\" target=\"_blank\" rel=\"noopener\">fined<\/a> the platform $1.4 million for unregistered activities, and the Department of Justice conducted an investigation <a href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/polymarket-receives-green-signal-cftc-us-return-2025-09-03\/\" target=\"_blank\" rel=\"noopener\">that was closed<\/a> in 2025.<\/p>\n<p>Founded in 2020, Polymarket gained traction during the 2024 U.S. presidential elections and has since integrated Chainlink oracles for price-focused contracts, launched earnings markets with U.S. clearance, and competes with regulated rivals like Kalshi.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/polymarket-adds-bitcoin-deposits-as-nyse-parent-ice-eyes-2-billion-investment\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Polymarket, the crypto-native prediction market, has added support for bitcoin deposits, giving users a direct way to fund their accounts with BTC alongside other<\/p>\n","protected":false},"author":1,"featured_media":348863,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/348862"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=348862"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/348862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/348863"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=348862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=348862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=348862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}