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Polymarket Starts 5-Minute Bitcoin Price Betting

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Polymarket Starts 5-Minute Bitcoin Price Betting

Prediction platform Polymarket recently launched a new feature that lets users bet on cryptocurrency price movements every five minutes.

The event signals rising demand for real-time crypto sentiment data among traders and investors.

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Real-Time Sentiment Drives Short-Term Contracts

For now, the new market is limited to Bitcoin, though support for major altcoins is expected to follow.

Price will update dynamically, in tune with market sentiment and immediate price reaction. All trades will be executed on-chain to ensure transparency and security. 

Polymarket’s five-minute Bitcoin price bets. Source: Polymarket.

The feature targets day traders and crypto enthusiasts looking for a fast-paced experience. With Bitcoin’s recent dip, price swings have grown increasingly erratic, amplifying short-term volatility.

The initiative builds on existing contracts with varying durations, ranging from 15-minute and hourly intervals to four-hour time frames. It also comes as prediction markets are seeing exponential growth in usage, with individual polls recording trading volumes in the hundreds of millions of dollars. 

It also reflects growing concern that shifting attention toward these platforms could distort crypto’s core purpose and use cases.

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Market Weakness Fuels Betting Activity

Among the wide range of polls offered by prediction platforms such as Polymarket and Kalshi, a significant share involves crypto bets. More specifically, many of these contracts focus on forecasting the future price of major digital assets.

Interest in these wagers has surged in recent months. 

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Tens of millions in trading volume have been directed toward Bitcoin’s February price alone, alongside heavily traded contracts linked to Ethereum, XRP, and Solana.

These forecasts have gained traction as the broader crypto market struggles to regain momentum. In this environment, volatility itself appears to be fueling participation, with traders using market weakness as an opportunity to place short-term bets.

While the proliferation of such polls has generated substantial trading activity, it is also drawing capital and attention away from underlying fundamentals.

Instead of sustained focus on integration or real-world use cases, crypto narratives risk shifting toward probabilities and crowd positioning.

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Polymarket’s new five-minute betting feature further amplifies that dynamic.

If price-based wagering continues to attract more capital than long-term allocation, the market could increasingly revolve around price movements rather than durable value creation.

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Crypto World

Franklin Templeton Expands Crypto Arm With CoinFund Deal

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Franklin Templeton Expands Crypto Arm With CoinFund Deal

Global asset manager Franklin Templeton is set to expand its crypto footprint by acquiring a spinoff of the crypto-native investment firm CoinFund.

Franklin Templeton said Wednesday it plans to acquire 250 Digital, a CoinFund spinoff that runs liquid crypto investment strategies, expanding the asset manager’s digital asset business. The deal will form part of a new unit called Franklin Crypto once it closes.

The move follows CoinFund’s decision earlier this year to spin out its liquid strategies business into 250 Digital as the company sharpened its focus on venture investing.

Christopher Perkins will lead the new Franklin Crypto, and Seth Ginns will serve as chief investment officer alongside Franklin Templeton digital assets veteran Tony Pecore, as the company broadens its crypto investment platform for institutional clients.

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The deal will incorporate BENJI tokens, which represent ownership shares in the Franklin OnChain US Government Money Fund (FOBXX), a regulated money market fund tokenized by Franklin Templeton in 2021.

Acquisition involves all liquid strategies previously run by CoinFund

Franklin said the undisclosed transaction includes the 250 Digital investment team and all liquid cryptocurrency strategies previously run by CoinFund, and that it will also invest in those strategies as part of the agreement.

The transaction is expected to close in the second quarter of 2026, subject to the execution of definitive transaction agreements, client consents and other customary closing conditions.

Source: Franklin Templeton Digital Assets

Franklin Templeton’s digital asset arm manages around $1.8 billion in assets and is a major institutional player in the crypto industry, where it has been building a presence since 2018.

The company is known for being one of the first to launch a US-listed spot Bitcoin ETF alongside other major asset managers such as BlackRock in 2024.

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Related: Franklin Templeton, Ondo to launch tokenized ETFs with 24/7 trading via crypto wallets

The acquisition comes during a prolonged slump in the crypto market, with Bitcoin down around 45% from its peak above $126,000 recorded in October 2025.

However, Franklin Templeton says the environment is attracting talent and creating opportunities to build long-term infrastructure.

Franklin’s head of innovation, Sandy Kaul, told The Wall Street Journal the recent market selloff helped create an opening to expand.

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“This big selloff that we had in the crypto markets is creating a very unique opportunity that really made us all decide that this is the right time to pull the trigger,” Kaul said.

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