Shortly
- Volume on Myriad Markets is picking up on markets about a trade deal with China, Canada's election, and more.
- Users do not believe the Fed will cut rates at its next meeting, despite President Trump's demands.
- As the week has progressed, the odds on the name of the next Pope have changed dramatically.
As the rise of prediction markets Crypto participants have a variety of options to test their market, political, pop-culture, and other knowledge.
Users can use a community-sourced prediction market, such as Myriad, to follow an indicator that is updated in real time and track the likelihood of a particular event. They could even make money by using their expertise.
What’s hot on Myriad in the coming week? Take a look below at the current newsworthy, interesting and active markets, along with their odds.
Disclaimer: Myriad Markets (a division of) is not responsible for the content on this website. DecryptDASTAN is the parent company of.
Mark Carney of the Liberal Party will win Canada’s election.
The market opens on April 7.
Closing Date: Sunday, April 28,
Volume: $39.6K
Mark Carney, a candidate for the Liberal Party and a Bitcoin critic in Canada’s general elections, is expected to win.
The odds for incumbent candidates have This week, the price has increased by over 10% On Myriad, the number of people voting for him has jumped to 82.4%.
Early this year Bitcoin proponent Pierre Poilievre Polymarket odds were in favor of the Liberal Party Candidate by over 70% Until the end of March.
Polymarket’s prediction market shows that the chances of Poilievre winning or losing have fallen to 15% today. Those odds follow similarly on Myriad, which showcases the current chances of the Liberal Party losing—or Poilievre winning—at just 17.4%.
What’s Next: Elections for the General Election will be held on Sunday, April 28.
Who is the next Pope?
Market opens: April 21, 2019
Closed: Monday, May 19,
Volume: $8.38K
It didn’t seem long after the death of Francis that bettors started speculating about the future leader of Catholicism.
Two-thirds of the eligible electors cardinals have to agree in order to choose a new pontiff. They must do this by secret ballots. Though the process—also known as a conclave—is unlikely to Continue for another week. predictors have already made their predictions on Pope Francis’ successor.
Soon after Myriad’s prediction market was opened, the users were split between 3 options. This gave Cardinal Pietro Parolin of Italy a slight edge. Luis Antonio Tagle from the Philippines came in second on Myriad, and odds were similar on Polymarket’s prediction market.
As the week progressed, odds have shifted to favor “Other” at 48.2% on Myriad, sending down the odds for Parolin slightly to 29.2% and more dramatically for Tagle, who now sits at just 22.2%—around a 10% decline since the afternoon of market open.
What’s Next: The following is a breakdown of the. Report from ReutersConclave to be held between 6-11 May
U.S.-China trade deal by the end of President Xi's birthday?
Opening of the Market: 15 April
Predictions Close: June 13
Volume: $14.7K
The volatility created by President Donald Trump’s inconsistent tariff plans has spread beyond the traditional financial markets and cryptocurrency markets to include prediction markets.
Myriad’s U.S. China Trade Deal Market, for example, allows predictors to bet on whether the two world powers will reach a trade deal before Chinese President Xi celebrates his 72nd birthday in June.
Markets have followed along as the leaders sparred over a possible deal. On April 17, the mark reached as high as 55% “Yes”. On April 21, the market fell from 55% to just 39.9% as China said that other nations should not band together against China to gain favor with Trump.
It is possible that the remarks made by U.S. Treasury secretary Scott Bessent will not be remembered in days to come. The volatility in the stock market has been a factor. One day, a report suggested that a possible deal would be imminent. The next said it could take many years.
Over the past few days the markets have been stable, with the exception of a quick spike in “No” votes to 76% early Thursday morning. In the time since then, odds have retraced. They currently stand at 62.4% against any trade agreement between two countries by June 15th.
What’s Next: You can also find out more about the A-Team here. Financial Times There is a report that U.S.-Chinese officials met in Washington on Thursday. However, President Trump has not provided any further details.
Can the Fed reduce rates by 8 May?
Open Market Day: Thursday, April 11, 2019
Predictions close: May 5,
Volume: $19K
At least for now, many users are not convinced that the current campaign of President Donald Trump against Fed Chair Jerome Powell is going to lead to an interest rate reduction by May 8th.
The market on Myriad shows the odds of “no cut” by May 8 to be 84.2%—a 5.3% gain in the week since the market opened—despite calls from President Trump for Powell to do so.
Powell appeared in an earlier Truth Social article by Trump. As “Mr. too late,” calling him a “major loser” and imploring him to lower interest rates—but the markets still did not budge. For a short time, on the 21st of April, when this post was published, Myriad’s odds were as high as 87%.
Bitcoin Investors feared Powell as Powell’s stock fell by 7% last week You may have to wait a while before cutting, but the rebound is significant Trump is launching Fed assaults Some of these fears may have been alleviated.
Nevertheless, a Fed decision market on Polymarket holds odds at 91% of “no change” for the Fed’s May decision, strongly mirroring Myriad predictors' thoughts
What’s Next: Also, volatility could be on the cards when the Fed is preparing for the next FOMC Meeting scheduled to take place May 6-7.
Andrew Hayward edited the book
