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Planet Midday News
1. Polymarket’s weekly nominal trading volume has surpassed Kalshi’s for the first time since last November; 2. The media and technology group Donald Trump is considering spinning off TruthSocial for an IPO to prioritize the development of its crypto business; 3. Abraxas Capital has increased its short position in gold again, with a total position of approximately $5.14 million;4. Opinion: The current conflict in Iran is unlikely to trigger an oil crisis; 5. MagicEden’s CEO announced the company will cease supporting Ethereum and Bitcoin, shifting its NFT marketplace focus to prediction markets; 6. A whale shorted 750 BTC with 40x leverage, currently facing a paper loss of $1.187 million;7. X’s Head of Product clarifies that the “Paid Partnership” label is not targeted at prediction markets but aims to strengthen commercial content disclosure mechanisms; 8. Driven by increased trading activity on Polymarket, Polygon’s POL burn volume in February reached a record high;9. Opinion founder: Urges the community to lower expectations for the S1 airdrop and emphasizes that S2 rewards will be prioritized.
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