Exciting news in the world of cryptocurrency predictions! Polymarket, the leading crypto-based prediction market globally, has just received the green light from the U.S. Commodity Futures Trading Commission (CFTC) with an Amended Order of Designation. Let's dive into what this means for you and the crypto market.
Understanding the CFTC Approval: A Game-Changer for Polymarket
The Gateway to U.S. Market Access
With the recent approval, Polymarket can now operate its intermediary trading platform fully compliant with U.S. exchange regulations. This pivotal move opens doors for brokerages and direct customer onboarding, allowing users to engage through futures commission merchants (FCMs) and utilize traditional custody, reporting, and market structures.
Shedding Light on Polymarket's Vision
Shayne Coplan, the visionary founder and CEO of Polymarket, emphasizes the platform's commitment to clarity amid uncertainty. Coplan highlights that this approval aligns Polymarket with the transparency and maturity expected by the U.S. regulatory framework. The journey to becoming a regulated exchange showcases Polymarket's dedication to integrity and innovation.
Polymarket's Evolution and Expansion
The Rise of Bitcoin Transactions
In an exciting development, Polymarket now supports bitcoin transactions, marking a significant milestone in its growth trajectory. Users can seamlessly deposit BTC alongside stablecoins like USDC and USDT, enhancing accessibility and diversification within the platform.
Strategic Investments and Valuations
Looking beyond, Polymarket's potential shines bright as Intercontinental Exchange (ICE), the renowned owner of the New York Stock Exchange, contemplates a substantial $2 billion investment in the platform. Speculations suggest a valuation ranging between $8 billion and $10 billion, underlining Polymarket's position as a key player in the crypto market.
As Polymarket continues to soar, attracting investments and expanding its offerings, the future looks promising for users and investors alike. Stay tuned for more updates as Polymarket reshapes the landscape of crypto-based prediction markets.
The Journey of Polymarket: A Trailblazing Success Story
A Visionary's Ascent
At just 27, Shayne Coplan's entrepreneurial journey has catapulted him to the ranks of the youngest self-made billionaires. From humble beginnings as an NYU dropout crafting Polymarket in his bathroom, Coplan's meteoric rise symbolizes the spirit of innovation and determination.
Strategic Acquisitions and Collaborations
Polymarket's strategic moves, including acquiring derivatives exchange QCEX and securing a CFTC license, showcase a commitment to growth and regulatory compliance. With prominent investors like 1789 Capital and ambitious valuation rounds, Polymarket's trajectory continues to inspire confidence and investment.
As Polymarket's narrative unfolds, the competitive landscape evolves, with players like Kalshi making waves in the prediction market arena. With substantial funding rounds and global expansion plans, the market is ripe for innovation and expansion.
Join the crypto prediction market revolution with Polymarket as it reshapes the future of trading and investment. Embrace the possibilities and stay ahead of the curve with Polymarket's cutting-edge offerings and visionary leadership.
Frequently Asked Questions
What is the best precious-metal to invest?
This depends on what risk you are willing take and what kind of return you desire. Gold is a traditional haven investment. However, it is not always the most profitable. Gold may not be right for you if you want quick profits. If you have time and patience, you should consider investing in silver instead.
Gold is the best investment if you aren't looking to get rich quick. If you want to invest in long-term, steady returns, silver is a better choice.
How Much of Your IRA Should Be Made Up Of Precious Metals
You should remember that precious metals are not only for the wealthy. You don't need to be rich to make an investment in precious metals. There are many methods to make money off of silver and gold investments.
You could also consider buying physical coins like bullion bars, rounds or bullion bars. You could also buy shares in companies that produce precious metals. You may also be interested in an IRA transfer program offered by your retirement provider.
No matter what your preference, precious metals will still be of benefit to you. Although they aren’t stocks, they offer the possibility for long-term gains.
And unlike traditional investments, they tend to increase in value over time. This means that if you decide on selling your investment later, you'll likely get more profit than you would with traditional investing.
What is the Performance of Gold as an Investment?
The price of gold fluctuates based on supply and demand. Interest rates are also a factor.
Due to the limited supply of gold, prices for gold are highly volatile. Additionally, physical gold can be volatile because it must be stored somewhere.
Is gold a good investment IRA option?
If you are looking for a way to save money, gold is a great investment. You can diversify your portfolio with gold. But there is more to gold than meets the eye.
It has been used throughout history as currency and it is still a very popular method of payment. It's sometimes called “the world's oldest money”.
Gold is not created by governments, but it is extracted from the earth. That makes it very valuable because it's rare and hard to create.
The supply-demand relationship determines the gold price. If the economy is strong, people will spend more money which means less people can mine gold. As a result, the value of gold goes up.
On the other hand, people will save cash when the economy slows and not spend it. This means that more gold is produced, which reduces its value.
This is why gold investment makes sense for both individuals and businesses. You'll reap the benefits of investing in gold when the economy grows.
You'll also earn interest on your investments, which helps you grow your wealth. Additionally, you won't lose cash if the gold price falls.
How much gold can you keep in your portfolio
The amount that you want to invest will dictate how much money it takes. For a small start, $5k to $10k is a good range. Then as you grow, you could move into an office space and rent out desks, etc. You don't need to worry about paying rent every month. Rent is only paid per month.
Also, you need to think about the type of business that you are going to run. My company is a website creator. We charge our clients about $1000-2000 per monthly depending on what they order. So if you do this kind of thing, you need to consider how much income you expect from each client.
Freelance work is not likely to pay a monthly salary. The project pays freelancers. You might get paid only once every six months.
You need to determine what kind or income you want before you decide how much of it you will need.
I recommend starting with $1k-$2k of gold and growing from there.
Statistics
- Indeed, several financial advisers interviewed for this article suggest you invest 5 to 15 percent of your portfolio in gold, just in case. (aarp.org)
- If you take distributions before hitting 59.5, you'll owe a 10% penalty on the amount withdrawn. (lendedu.com)
- (Basically, if your GDP grows by 2%, you need miners to dig 2% more gold out of the ground every year to keep prices steady.) (smartasset.com)
- If you accidentally make an improper transaction, the IRS will disallow it and count it as a withdrawal, so you would owe income tax on the item's value and, if you are younger than 59 ½, an additional 10% early withdrawal penalty. (forbes.com)
- Contribution limits$6,000 (49 and under) $7,000 (50 and up)$6,000 (49 and under) $7,000 (50 and up)$58,000 or 25% of your annual compensation (whichever is smaller) (lendedu.com)
External Links
bbb.org
law.cornell.edu
- 7 U.S. Code SS7 – Designation of boards for trade as contract markets
- 26 U.S. Code SS 408 – Individual retirement account
wsj.com
- Saddam Hussein's InvasionHelped Uncage a Bear In 90 – WSJ
- Want to Keep Gold in Your IRA at Home? It's not exactly legal – WSJ
investopedia.com
- Do You Need a Gold IRA to Get Retirement?
- What are the Options? Types, Spreads, Example, and Risk Metrics
How To
Gold Roth IRA guidelines
The best way to invest for retirement is by starting early. It is best to start saving for retirement as soon you can (typically at age 50). It's vital to contribute enough money each year to ensure adequate growth on an ongoing basis.
You can also take advantage of tax-free savings opportunities like a traditional 401k (k), SEP IRA (or SIMPLE IRA). These savings vehicles allow you to make contributions without paying taxes on earnings until they are withdrawn from the account. These savings vehicles are great for those who don't have access or can't get employer matching funds.
Save regularly and continue to save over time. You'll miss out on any potential tax benefits if you're not contributing the maximum amount allowed.
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By: Micah Zimmerman
Title: Polymarket Secures CFTC Approval for Official U.S. Return: What You Need to Know
Sourced From: bitcoinmagazine.com/business/polymarket-receives-cftc-approval
Published Date: Tue, 25 Nov 2025 17:49:41 +0000
