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Crypto

World Cup fuels prediction markets as $20 billion in bets pour in

The 2026 FIFA World Cup pushed prediction-market transaction volumes to $20 billion, including trading before, during and after the tournament, according to Chainalysis. About $5.7 billion was wagered during the five weeks of matches, representing around 63 percent of all prediction-market activity. More than 400,000 wallets took part, with activity seen on every continent except Antarctica. Illegal-actor links were below 1 percent, while $5.4 million came from sanctioned or other illicit sources.

Crypto

Trump fourth-term joke followed by $16.91 million TRUMP token transfer to exchanges

About $16.91 million worth of TRUMP tokens were spotted moving to exchanges shortly after U.S. President Donald Trump joked about seeking a fourth term. It was not confirmed whether any sale occurred, but the transfer revived concerns that project-linked holdings could enter the market. A wallet tied to the project moved 10.84 million tokens via custodian BitGo. Traders focused on supply flows as TRUMP has fallen more than 66 percent over the past five months.

Crypto

Spain bet pays off as Polymarket trader posts $9.9 million day profit

A Polymarket trader known as DEEDDIT drew attention after recovering a $10.8 million loss in two weeks, turning the account’s cumulative profit to more than $8 million. The rebound came after a $11.3 million wager that Spain would beat France in a 2026 FIFA World Cup semi-final. Spain won 2-0, generating a $9.9 million one-day profit. The report also cited large leveraged token and memecoin trades amid a crypto market rebound.