ChainCatcher news, according to Coingape, Citibank predicts in its latest report that the total supply of stablecoins will grow to $1.6 trillion by 2030 in a baseline scenario, and reach $3.7 trillion in an optimistic scenario.Analysts believe that if Citigroup's predictions come to fruition and the regulatory momentum under Trump’s policies continues, Bitcoin is expected to enter a price discovery phase. Based on the historical ratio of stablecoin growth to BTC price appreciation—stablecoins growing by 6.7 times could translate to Bitcoin growing by 3 to 5 times—Bitcoin's price could reach $285,000 by 2030, with a more optimistic upper limit potentially approaching $475,000 per coin.Even under conservative assumptions (i.e., only 25% of stablecoin growth shifting to Bitcoin), Bitcoin could still grow by 200% to 250% from current levels, with predictions suggesting a price rise to between $190,000 and $237,500 by 2030.

ChainCatcher news, according to The Block, Ark Invest, led by Cathie Wood, has raised its bullish price forecast for Bitcoin from the previous $1.5 million to $2.4 million (target date is 2030), based on its latest adopted model.In a report released on Thursday, Ark Invest analyst David Puell stated that the firm initially estimated the price forecast for Bitcoin in a bullish scenario for 2030 to be around $1.5 million. However, after adopting Ark's latest experimental model, the forecast was raised to $2.4 million. This model takes into account the circulating supply of Bitcoin, excluding lost or long-held Bitcoins.The report noted that this bullish price forecast is based on an approximately 72% compound annual growth rate (CAGR) for Bitcoin from the end of 2024 to the end of 2030. Meanwhile, using this more "aggressive" experimental model (which is more ambitious than Ark's official model), the report predicts a price of $1.2 million for Bitcoin in a baseline scenario (with a CAGR of 53%) and a price of $500,000 in a bearish scenario (with a CAGR of 32%).

ChainCatcher news, the prediction platform Polymarket has launched a pregnancy bet on crypto KOL Tiffany Fong, following speculation that she might be secretly dating Kanye West or Elon Musk. In response, Ethereum co-founder Vitalik Buterin expressed condemnation, stating: "Personally, I find such predictions very boring and an invasion of a person's privacy and dignity."

ChainCatcher news, according to Kalshi founder Tarek Mansour, the U.S. District Court for Nevada has approved the preliminary injunction application of the prediction market platform Kalshi, preventing the state government from intervening in Kalshi's provision of prediction market services. Kalshi expressed gratitude for the court's careful consideration and recognition of its status as a CFTC (Commodity Futures Trading Commission) regulated exchange.

ChainCatcher news, according to Jinshi reports, Chicago Federal Reserve President Goolsbee stated that the implementation of tariffs has far exceeded previous model predictions. The Federal Reserve must take a longer-term view of the issue, rather than being as volatile as the stock market.There are internal disagreements within the Federal Reserve regarding how quickly or to what extent the increase in tariffs will be passed on to consumers, which could lead to supplier bankruptcies. It remains unclear how the Federal Reserve will respond to negative supply shocks.

ChainCatcher news, according to The Block, the prediction market platform Kalshi has filed a lawsuit against the gambling regulators of Nevada and New Jersey after receiving a cease-and-desist order from them. The regulators demanded that Kalshi stop offering sports-related contracts, arguing that such activities constitute sports betting, which can only be provided by entities licensed by the state.Kalshi argues in the lawsuit that, as an exchange regulated by the Commodity Futures Trading Commission (CFTC), it should be exclusively regulated by the federal government, and the Commodity Exchange Act takes precedence over state laws. The Nevada Gaming Control Board believes that Kalshi's contracts constitute gambling because the payouts are entirely dependent on the outcomes of external events, rather than the actions of the contract participants.Kalshi's CEO Tarek Mansour stated that prediction markets are an important innovation of the 21st century, and the company will defend this technology in court. The core of the dispute is whether event-based or sports-related contract trading constitutes gambling regulated by state governments or falls under the exclusive regulation of federal authorities as financial derivatives trading.ChainCatcher previously reported that New Jersey regulators have demanded Robinhood and Kalshi to cease providing sports betting services.

ChainCatcher news, Polymarket announced on its official Discord that it has identified issues regarding the "Ukrainian Rare Earth Market" prediction event. The resolution of this market contradicts the expectations of Polymarket users. Polymarket stated that there will be no refunds as this is not a market failure. Meanwhile, Polymarket and the UMA team have agreed to establish systems and monitoring to ensure that such situations do not occur again.According to previous community news, a user manipulated the outcome of the "Ukrainian Rare Earth Market" prediction event on Polymarket by hijacking the UMA oracle.

ChainCatcher news, data scientist Alex McCullough's research shows that the prediction market Polymarket has an accuracy rate of 90% when predicting events occurring a month later, and an accuracy rate of up to 94% four hours before the event occurs. McCullough analyzed Polymarket's historical data and found that after removing extreme probability values, the platform slightly but consistently overestimates the probability of events occurring within most probability ranges, possibly influenced by factors such as herd mentality, low liquidity, and participants' preference for high-risk bets.

ChainCatcher news, the crypto prediction platform Yeet has completed a $7.75 million funding round, led by Dragonfly, with participation from angel investors including Pudgy Penguins CEO Luca Netz and LayerZero CEO Bryan Pellegrino.Yeet was co-founded by well-known figures in the crypto space, Michael Anderson (alias Mando), anonymous trader Keyboard Monkey, and professional poker player Ben Lamb, focusing on "prediction markets for crypto users," targeting a high-risk tolerant native crypto audience.

ChainCatcher news, decentralized prediction market developer Opinion Labs announced that it has completed a $5 million seed round financing earlier, led by Yzi Labs, with other investors including angel investment community Echo, Animoca Ventures, Manifold Trading, Amber Group, and others.

ChainCatcher news, Robinhood announces the launch of its prediction market service Prediction Markets Hub, rolling out prediction market contracts across the U.S. through KalshiEX LLC, which is expected to be available to all eligible customers in the coming days.

ChainCatcher news, according to official sources, the decentralized prediction market Truemarkets has officially launched. Truemarkets covers hundreds of markets on various topics and aims to become a leading information aggregation tool.TrueMarkets is a decentralized prediction market that allows users to predict the outcomes of real-world events. Its purpose is to break the information asymmetry related to global news, enabling people to express real-time sentiments about the probabilities of potential outcomes.Previous news, Truemarkets completed over $4 million in funding through a public NFT sale, with Vitalik spending 32 ETH to participate in the minting.

ChainCatcher news, Solana prediction market takes.fun tweeted that it has completed its testnet testing. The team has incorporated all feedback to improve the platform and will soon launch the mainnet on Solana.Previously, takes.fun had launched its testnet. Users can create opinions and trading insights and initiate "Agree" or "Disagree" voting. After users make their selections, 20% of the investment amount will be deducted from the liquidity on the other side.

ChainCatcher message, Solana prediction market takes.fun has launched on the testnet. Users can create opinions and trading insights and start "Agree" or "Disagree" voting. After users make their selections, 20% of the investment amount will be deducted from the liquidity on the other side.

ChainCatcher news, based on the Solana ecosystem, the meme coin prediction market Meme Market announced the completion of its angel round financing. IBC Group, CRYPTO TIMES, and angel investors from Presto Labs Ventures, Republic Crypto Ventures, MEXC Ventures, BitGet, and LFG participated, with the specific amount not disclosed. The new funds are intended to be used to build decentralized meme coin prediction tools and a "super app."

ChainCatcher news, Polymarket has launched a new prediction "Will SBF tweet again before Friday", with a current probability of 31% believing he will tweet again before Friday.

ChainCatcher news, according to The Block, Standard Chartered's Global Head of Digital Assets Research Geoffrey Kendrick released a new report indicating that institutional investors are accelerating their entry into the Bitcoin market. The Q4 13F filings show that, in addition to hedge funds maintaining dominant buying power, the buying intensity from banks has significantly increased.The Abu Dhabi sovereign fund has approximately 4,700 equivalent Bitcoins in the BlackRock IBIT ETF, and this scale is expected to expand further. Kendrick stated that the Czech central bank is considering allocating 5% (about 7 billion euros) of its 140 billion euro reserves to Bitcoin, and the Swiss central bank is also in the early stages of exploring Bitcoin investments.As the barriers to institutional entry lower and volatility decreases, more institutional portfolios will gradually move from an underweight position in Bitcoin to an optimal allocation level. Kendrick maintains his prediction that the price of Bitcoin will reach $500,000 by 2028.