Blockchain.com has launched SnapMarkets, a new platform allowing users to bet on Bitcoin's price movements in 30-second intervals. The service, which starts with stakes as low as $1, is described as a skill-based version of prediction markets. Unlike traditional prediction markets tied to events like elections or sports, SnapMarkets focuses on rapid BTC price predictions. The platform is not available in the U.S. or U.K. due to regulatory restrictions. The launch comes amid a surge in prediction market activity, with leaders like Polymarket and Kalshi reporting nearly $24 billion in trading volume in April. SnapMarkets offers features such as live chat, real-time price feeds, and a global leaderboard, and users can connect via a Blockchain.com wallet or other DeFi wallets. This move aligns with a broader trend of crypto firms expanding into prediction-style products.
Blockchain.com Unveils SnapMarkets for Quick BTC Price Bets
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