That fear, which coincides with ranging Bitcoin prices near $65,000 as of Thursday, has not made predictors on Myriad any more bullish this week. Instead, predictors think the next move for the top crypto asset is likely a “dump” to $55,000.
(Disclaimer: Myriad Markets is a product of Decrypt’s parent company, Dastan.)
Bitcoin’s next move: Pump to $84K or dump to $55K?Despite rebounding from lows around $60,000, predictors on Myriad are bearish on the top crypto asset’s next stop.
BTC was recently changing hands below $66,000—down over 2.5% in the last 24 hours but nearly even on the week. However, Bitcoin has plunged 29% over the last month.
That’s led to a flip in the odds for Bitcoin’s next stop over the last few days as predictors now favor the dump to $55,000 at 62%, about a 14% swing in the odds since February 7.
Famed YouTuber and pro wrestler Logan Paul set a record when he purchased a pristine Pikachu Illustrator Pokémon card for nearly $5.3 million in 2021.
Now he’s selling it at auction, and predictors on Myriad are asked whether or not Paul can fetch more than $9 million for the card.
Last month, predictors on Myriad overwhelmingly favored a sale above $9 million, with odds extending as high as 84%. But as bids roll in and the auction conclusion draws closer, predictors have flipped the other way, favoring a sale below $9 million at 58% as of Thursday afternoon.
Regardless of outcome, the winner will walk away with the card and a special diamond necklace card holder that was featured and worn by Paul at WWE’s WrestleMania 38. Plus, the internet celebrity will hand-deliver the prize, per the auction listing.
What’s Next? The auction concludes on February 15.
Who wins more medals at the Winter Olympics: Italy or Japan?The Super Bowl has passed, but sporting enthusiasts still have at least one more week to enjoy the Winter Olympics in Italy.
What started as a relatively close market has shifted dramatically during the last week as more and more medals have been rewarded to athletes. At this time last week, odds favored Italy, the host nation, around 63% to come away with more medals than Japan.
Japan, on the other hand, sits seven medals behind Italy as of Thursday morning—and with 76 fewer overall athletes competing than Italy, it has fewer chances for medals moving forward.
Nevertheless, predictors give the nation around an 8% chance of notching more total medals than Italy.
What’s Next? Both countries have multiple athletes competing in advanced rounds of sports like speed skating and snowboarding on Thursday.
