Simply put
- Myriad’s predictor is favoring Bitcoin, suggesting it could hit $125,000 before dipping down to $105,000.
- In the newer market, there’s skepticism, but questions arise about whether Sharplink Gaming will achieve a million ETH by September 16th.
- Vitalik Buterin is discussing the Ethereum Layer-2 roadmap and may be mentioned in context with Linea before the year concludes.
Test your knowledge of real-world topics like cryptography, politics, pop culture, and sports—this is the right place.
The recent markets created by the Forecast Market Decryption platform allow users to utilize USDC or points to make predictions in various categories, collecting shares of profit for accurate forecasts.
This week, key market movements regarding Bitcoin and sometimes Ethereum are being closely monitored, with co-founder Vitalik Buterin discussing Layer-2 developments as Sharplink Gaming progresses.
Next hit for Bitcoin: Will it rise to $125,000 or drop to $105,000?
Market Open: July 10th
Market Close: December 31st
Volume: $74K
After Bitcoin fell to as low as $113,000 during recent ETF-related turbulence, major cryptocurrencies are starting to recover. Notably, there are discussions about a potential executive order from US President Trump permitting crypto investments in 401K plans.
Currently, Bitcoin is priced at $116,677, caught between the predicted benchmarks of $105,000 and $125,000. The Myriad predictors are at work regarding Bitcoin’s next target.
As of Thursday afternoon, the odds for Bitcoin reaching $125,000 are at 64%, following a 13% fluctuation in the last day. This is a recovery from dips that saw the odds drop to 39.4% earlier this month.
An analyst commented on recent ETF leaks and market declines, suggesting it was merely a minor setback in the broader context of a bullish market, a sentiment echoed by predictors.
What’s next?: This market will be available until December 31st.
Will Vitalik mention Linea in 2025?
Market Open: July 31st
Market Close: December 31st
Volume: $504
Vitalik Buterin has been regularly updating about Ethereum and related Layer-2 developments through his blog and social media platforms.
One of the recent markets seeks predictions on whether he will reference Linea, the Ethereum Layer-2 network developed by a group that describes themselves as “Most ETHs adjusted the L2.”
(Disclaimer: Consensey is one of the investors.)
Despite the low volume, the predictor currently tilts slightly towards a “yes” at 52%, suggesting Vitalik will mention Linea this year through his platforms.
There may be a growing reason for discussion about Linea. Recently, the network announced Talknemics, implying an upcoming Linear Token Generation event.
Furthermore, in discussing Ethereum’s mainnet, Vitalik has urged thoughts on Layer 2 economics, which Linea has addressed by proposing to burn ETH to impact its supply—a suggestion from Buterin himself.
What’s next?: Details on Linea are pending, but a token generation event is anticipated soon.
Will Sharplink Gaming hold 1 million ETH by September 16th?
Market Open: August 6th
Market Close: September 14th
Volume: $358
Spearheaded by Sharplink Games, this Ethereum Finance Company has been actively accumulating ETH since they outlined their financial strategy in May.
The company has already garnered about 500,000 ETH, valuing over $1.9 billion based on current ETH prices. Now, predictors are questioning whether Sharplink will almost double its holdings by September 16th.
Despite the momentum towards gathering funds for ETH, the current odds of “no” are at 55%, suggesting some skepticism about reaching the goal.
Back in July, SBET sought to boost its share sales from $1 billion to $6 billion to solidify its position among crypto assets, and recently managed to raise an additional $200 million specifically for buying ETH.
The company has been promoting its target of reaching 1 million ETH on social media, calling their progress a “first milestone.”
Will they achieve this by September 16th?
What’s next?: SBET typically announces any recent ETH purchases on Tuesdays.
