Prediction market platform Fireplace completes $1.5 million pre-seed funding round, led by Frachtis

CLARITY bill approval rate drops to 44%, White House stablecoin compromise plan announced

White House Digital Asset Advisor Patrick Vitter outlined a compromise draft of the bill to representatives from the cryptocurrency industry and banking sector. The core provision bans companies from earning yields on idle stablecoin balances, shifting the discussion toward activity-based reward mechanisms linked to transactions or network participation. Data from the Polymarket prediction platform shows that the probability of the bill passing this year has dropped to 44% at one point.

$3 million bet on ZachXBT investigation target! Prediction market odds soar, which crypto company will be exposed for insider trading?

On February 24, on-chain investigator ZachXBT posted on social media that he will release a major investigation into one of the "most profitable companies in the crypto industry" on February 26, predicting that the market will heat up rapidly. Betting volume around the event of "the next crypto company exposed for insider trading" has approached $3 million, and market sentiment has clearly shifted toward high speculation and information warfare. This prediction contract mainly reflects traders' judgments about the potential investigation targets rather than confirmed facts. As a blockchain-based prediction platform, Polymarket allows users to trade contracts on real-world event outcomes with real funds. Its odds are often seen as real-time indicators of market confidence and expected distribution, making it an important tool for observing unresolved events in the crypto industry, especially after the 2024 US elections.

Kalshi has removed all non-employee X affiliate account icons.

Foresight News reports that Kalshi News tweeted that the prediction market platform Kalshi has removed all non-employee X affiliated account icons. Regarding the online rumor that "X removed Kalshi affiliated account icons according to the updated paid partnership policy," they stated that the X team was not involved in the decision-making.

ZachXBT's mysterious teaser sparks $2 million bet on Polymarket

Blockchain investigator ZachXBT posted a teaser on the X platform on February 24, announcing that on February 26 he will reveal a major insider trading investigation targeting "one of the most profitable companies" in the cryptocurrency industry, but did not disclose the name of the target company. The news has generated significant market attention, with the Polymarket betting market accumulating over $2.2 million in trading volume within a few hours.

The probability that Bitcoin will fall back to $60,000 in February on Polymarket is 31%.

BlockBeats News, February 23 — The probability of Bitcoin dropping back to $60,000 in February on Polymarket has decreased to 31%. Additionally, the probability of Bitcoin falling to $55,000 in February is 10%, and the probability of rising to $75,000 in February is 6%.