16 hours ago
A play Truth Social post from President Donald Trump acceptable successful question the archetypal steps successful creating a strategical U.S. bitcoin (BTC) reserve, but Polymarket traders are skeptical that it volition hap wrong the archetypal 100 days.
As of property time, Polymarket bettors are giving a 23% accidental that a strategical BTC reserve volition beryllium created wrong the archetypal 100 days of the Trump presidency – oregon by April 30th, 2025.
Rules of the declaration accidental that the U.S. authorities volition request to specifically clasp bitcoin – and not from confiscation – by 11:59 PM ET connected April 29 for this to resoluteness to yes. Announcements of the instauration of a reserve bash not count.
Chances of a reserve coming existent spiked from 11% to 23% successful the moments aft Trump's announcement. Another contract that asks if a reserve volition beryllium created by the extremity of 2025 presently has a 65% accidental of resolving to yes.
Initially, Trump's societal media station announcing the instauration of the reserve lone named XRP and SOL arsenic components of the reserve—which caused their worth to spike—before clarifying that BTC and ETH would besides beryllium included successful the reserve.
One of the astir profitable traders of the 100-day crypto reserve declaration is Theo5, which appears to beryllium affiliated with a French trader who created a bid of accounts, including Theo4, to directionally stake connected Trump's triumph successful the November 2024 election.
Theo5 presently has posted a $40,000 nett connected his nary position.
Meanwhile, a trader known arsenic Polywog mislaid $73,000 connected their yes presumption and also mislaid implicit $560,000 by incorrectly betting connected the result of the 2025 election.
English (US) 