Nice feature on Myriad in today's Bankless newsletter on "3 Rising Crypto Prediction Marketplaces"The writeup specifically highlights Myriad's extension which surfaces markets in relevant news articles, videos, etc.Along with Myriad's ongoing Points program... https://t.co/6bGwrofIId ...

Group 1 - BNB has outperformed its top-ten crypto rivals with year-to-date gains of 85.6%, significantly higher than Ethereum's 37.7% [1] - BNB is currently trading at $1,300, reflecting a 30.7% increase over the past week, driven by increased on-chain activity and institutional interest [2] - The BNB Chain has experienced explosive growth in decentralized exchange (DEX) trading, with a trading volume of $511.8 billion over the past week, far surpassing competitors [3] Group 2 - BNB Chain's monthly active addresses increased by over 18% in the past month, and the total value locked grew by more than $2 billion [4] - Speculation about a potential U.S. spot BNB ETF and reports of companies adding BNB to their treasuries are contributing to positive macro-institutional sentiment [4] - Despite the bullish momentum, there are indications that a pullback may be imminent from a technical standpoint [4]

Core Insights - The crypto market is experiencing a bullish trend as October, referred to as "Uptober," begins, with Ethereum and Solana both rising by 5% [1] - The total market cap for cryptocurrencies gained 3.5% in September, contrary to predictions of a downturn [1] Group 1: Market Performance - Ethereum and Solana are the focus of speculation, with both altcoins nearing their all-time highs [2] - Prediction markets indicate a 62% chance for Ethereum to reach $5,000 before dropping to $3,500, reflecting increased confidence from a previous 32% [3] - Solana has a 52.4% chance of not reaching a new all-time high by the end of the year, requiring a 34.12% increase to hit its peak [4] Group 2: Technical Analysis - Fibonacci fans are used to analyze the potential price movements of Ethereum and Solana, incorporating time into price projections [5] - This method provides a roadmap for both price targets and expected timelines, which is crucial for comparing the two assets [6]

Group 1 - Prediction markets and decentralized autonomous organizations (DAOs) share strong similarities, as both blend social behavior and financial capital [1][2] - DAOs are seen as a means to coordinate human and financial capital, while prediction markets can also coordinate capital and human intelligence [1] - The evolution of Syndicate's focus includes enabling communities to launch their own blockchains through appchains, moving beyond just DAO infrastructure [2] Group 2 - DAOs were prominent during the pandemic, with various high-profile projects, but their visibility has decreased compared to prediction markets [3] - Despite regulatory threats, Kalshi recently surpassed $1 billion in monthly trading volume, and Polymarket had 226,000 active traders generating $1 billion in trading volume [4] - Prediction markets allow users to bet on a wide range of future events, indicating that the next chapter for DeFi may be influenced by upcoming news rather than governance discussions [5]

Core Insights - The paper argues that BTC settlement in prediction markets could provide superior economics for users compared to stablecoin-denominated markets [1][2] - It critiques the current trend of using stablecoins, highlighting the opportunity cost for Bitcoin holders who miss out on potential BTC appreciation [2][3] Group 1: Current Market Dynamics - Most on-chain prediction markets use stablecoins to avoid volatility, which forces Bitcoin holders to convert their assets, leading to opportunity costs [2][3] - The author suggests treating BTC as a deflationary settlement asset, similar to gold, to allow users to benefit from long-term appreciation [3] Group 2: Liquidity Bootstrapping Strategies - The paper explores three methods to bootstrap liquidity in BTC-based markets: cross-market making, DeFi redirection of trades, and automated market makers (AMMs) [3] - Each method is analyzed for its risk profiles, including exchange-rate swings and slippage, which impact users and liquidity providers [3] Group 3: Practical Applications of BTC Settlement - BTC settlement could be particularly beneficial for long-dated political events, allowing Bitcoin holders to maintain exposure while participating in prediction markets [4] - Crypto-native communities may prefer BTC settlement as it aligns with their belief in crypto as a value storage, avoiding the need to convert to stablecoins [4] - In regions with unstable fiat or regulatory issues surrounding stablecoins, BTC-settled markets could serve as a more reliable settlement asset [4] - Events with small payoff windows or during volatile periods may also benefit from BTC denomination, making it more relevant [4]

`` The crypto market is trying to rewrite the “Red September” playbook, with major altcoins like Dogecoin and Solana finding investors still have an appetite for riskier bets. `` `` The Altcoin Season Index touched 80 points today—the highest it’s been so far in 2025. Meanwhile, the Crypto Fear and Greed Index climbed to 53 points from 39 at the beginning of the month, signaling growing bullish sentiment across the board. `` ```` On the normie side of Wall Street, the S&P 500 advanced 0.85% to 6,587.47 and ...

RT Farokh (Perma/Bull) (@farokh)Polymarket, Kalshi, Myriad.Sign up to @MyriadMarkets today anon. ...