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Blockchain.com launches SnapMarkets as prediction markets move into faster crypto bets

CoinDesk
Blockchain.com has introduced SnapMarkets, a platform allowing users to place short-term bets on 30-second Bitcoin price movements.

Summary

Blockchain.com has launched SnapMarkets, a new platform enabling users to engage in rapid-fire betting on Bitcoin price fluctuations within 30-second intervals. While similar to the growing trend of prediction markets like Polymarket and Kalshi, SnapMarkets focuses specifically on short-term price movements rather than binary event contracts. The platform is currently unavailable to users in the U.S. and U.K. as the industry navigates complex regulatory environments, including ongoing jurisdictional disputes between federal agencies like the CFTC and state gambling authorities.

(Source:CoinDesk)