In brief
- Predictors on Myriad are leaning bullish on Bitcoin, believing it will hit $125K before it dips to $105K.
- A new market asks whether or not SharpLink Gaming will reach its 1 million ETH milestone before September 16, though predictors are skeptical.
- Vitalik Buterin has been vocal about the Ethereum layer-2 roadmap and predictors think he may mention Linea before the year ends.
Want to test your knowledge about real-world events like crypto, politics, pop culture, and sports? You’ve come to the right place.
On Myriad Markets, a prediction market developed by Decrypt‘s parent company Dastan, users can place predictions in these categories using USDC or points, collecting their share of profits if and when they predict correctly.
This week, some of the top markets on Myriad involve the next big move for Bitcoin, whether Ethereum co-founder Vitalik Buterin will talk about one of the network’s layer-2s and the acceleration of SharpLink Gaming’s ETH stash.
Bitcoin’s Next Hit: Moon to $125K or Dip to $105K?
Market Open: July 10
Market Close: December 31
Volume: $74K
After Bitcoin sank to as low as $113,000 amid consecutive days of ETF outflows, the leading cryptocurrency has bounced back, fueled by a fresh posting of ETF inflows and headlines that U.S. President Donald Trump will sign an executive order enabling crypto investments in 401K plans.
Now BTC stands at $116,677, just more than halfway between the market benchmarks of $105 and $125K. Predictors using Myriad on Ethereum layer-2 network Abstract are asked to predict which target will be hit next.
As of Thursday afternoon, predictors are giving the edge to $125K with odds standing at 64% after a 13% swing in the last 24 hours, coinciding with Bitcoin’s rise. Odds for $125K got as low as 39.4% on August 2 amid BTC’s fall, before swiftly rebounding in the last couple of days.
Analysts told Decrypt earlier this week that the ETF outflows and market decline were just a blip in the overall bull market. Predictors seem to believe them.
What’s Next?: This market is open until December 31.
Will Vitalik Mention Linea on His Blog or Social Media in 2025?
Market Open: July 31
Market Close: December 31
Volume: $504
Ethereum co-founder Vitalik Buterin has posted lots of content about Ethereum and its layer-2s over the years on his blog and X account.
One of the newest prediction markets available on Myriad on Linea asks predictors whether he’ll mention Linea, the Ethereum layer-2 network built by Consensys that recently described itself as the “most ETH aligned L2.”
(Disclaimer: Consensys is one of 22 investors in an editorially independent Decrypt).
Though volumes are low, currently predictors give a slight edge to “yes” at 52%, predicting that Vitalik will make mention of Linea via his blog or X account this year.
There may soon be cause to mention Linea. For example, the network recently unveiled its tokenomics and has suggested its LINEA token generation event is fast approaching..
Additionally, when discussing the Ethereum mainnet and layer-2 relationship in January, Vitalik implored layer-2s to think “explicitly” about the economics of ETH–something that Linea addressed with its announcement that it will burn ETH, directly affecting its supply… a suggestion made by Buterin himself.
Though he has not posted about Linea on X directly, he has made mention of other Ethereum layer-2 networks in the past. Might he mention Linea soon?
What’s Next?: Linea has teased its token generation event (TGE) is coming soon, though details remain outstanding.
Will SharpLink Gaming (SBET) Hold 1 Million ETH by September 16?
Market Open: August 6
Market Close: September 14
Volume: $358
Gambling marketer turned Ethereum treasury company SharpLink Gaming, which trades publicly as SBET, has been aggressively stacking Ethereum since detailing its treasury strategy in May.
So far, the firm has amassed a haul of more than 500,000 ETH valued at more than $1.9 billion based on ETH’s price. Now predictors are asked whether or not the firm will nearly double its holdings by September 16.
Predictors are leaning against the accomplishment, with odds of “no” standing at 55% despite the fact that SharpLink is aggressively acquiring funds to accumulate more ETH.
In July, SBET submitted a filing to up a stock sale from $1 billion to $6 billion to add the second largest crypto asset to its balance sheet. On Thursday it raised more funds, adding $200 million via a direct offering that will directly go to ETH purchases.
The firm is actively charting its path to one million ETH on social media, calling the number its “first milestone” on Tuesday.
Will it get there by September 16 though?
What’s Next?: SBET has typically made Ethereum purchase announcements on Tuesdays.
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