The Daily: Google to integrate Polymarket and Kalshi data in search results, JPMorgan sees bitcoin reaching $170,000, and more
Google will integrate prediction market data, JPMorgan forecasts Bitcoin at $170,000, and Balancer addresses an exploit.Summary
Google Finance is set to integrate data from prediction markets Polymarket and Kalshi into search results for Labs users, allowing them to track market-implied odds on future events. This comes as Polymarket recently secured a major investment, though Kalshi has surpassed it in trading volume recently. In market analysis, JPMorgan analysts project Bitcoin could reach approximately $170,000 in the next six to twelve months, citing its volatility-adjusted valuation relative to gold and noting that the deleveraging phase in perpetual futures appears largely complete. Separately, Ark Invest CEO Cathie Wood slightly lowered her long-term Bitcoin bull case by $300,000, suggesting stablecoins like USDT and USDC are partially taking over use cases she previously expected Bitcoin to fulfill in payments and savings. Other key updates include Coinbase urging the Treasury Department to align GENIUS Act rules with congressional intent to protect U.S. crypto competitiveness, and Balancer identifying a rounding error as the cause of a recent $128 million multi-chain DeFi exploit.
(Source：The Block)