Myriad Moves: Bitcoin Price Predictions and Eyes on Coinbase Hack Bounty Prize
Bitcoin recently reached a new all-time high, prompting Myriad users to speculate whether it will exceed $115,000 by the end of Sunday. Forecasts suggest only a 25.8% probability of this occurring, despite Bitcoin's 2.5% increase in the last 24 hours. Notably, predictions rose as Bitcoin approached the $115,000 mark after a dip in April. Meanwhile, Coinbase is dealing with a significant data breach affecting over 69,000 customers, leading the firm to offer a $20 million bounty for information about the hackers. Predictor sentiment strongly favors that Coinbase will not make any payments on the bounty before June 15, with current odds at about 74.5%. Additionally, the new 'Mission: Impossible' film is anticipated to earn below $95 million in its opening weekend, which is reflected in the betting markets with a 78% likelihood for the 'no' outcome. Overall, these prediction markets illustrate how crypto enthusiasts are actively engaging in various speculations beyond just price movements, including corporate responses and entertainment outcomes.
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