The post Myriad Moves: Predictions on Strategy’s Bitcoin, Fed Rate Cuts, Pope Conclave and More appeared on BitcoinEthereumNews.com.

In brief Myriad Market predictors expect Michael Saylor and Strategy to keep buying more Bitcoin this week. Predictors are split on whether the papal conclave will last more than two days. They are more confident that Jerome Powell will still be in his seat in June and that no rate cut is coming next week. The rise of prediction markets has given crypto participants a wide array of opportunities to test their knowledge of markets, politics, pop culture, and more.  By using a prediction market like Myriad, users can follow or wager on a real-time, community-sourced indicator of an event’s likelihood, potentially cashing in on their knowledge in the process. What’s popping on Myriad this week? Here’s a look at some of the most interesting, active, and newsworthy markets right now, including current odds and helpful context. (Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN.) Will Strategy (MSTR) purchase Bitcoin this week? Market Opened: April 29Closes: May 5Volume: $9.82K Over the last few years, it’s been difficult to keep Michael Saylor and his firm Strategy (formerly MicroStrategy) from the Bitcoin buy button, as the company has amassed a treasury with more than 2.6% of the total BTC supply.  A new market on Myriad allows predictors to decide whether or not he and his firm will push it once more in the weeklong span ending May 5. So far, predictors are overwhelmingly in favor of “yes” with odds of 85.2% as of Thursday afternoon. Why might predictors feel so certain? Perhaps it’s because the firm rarely takes breaks from buying Bitcoin.   Since the year began, Strategy has already announced 12 separate Bitcoin purchases, including earlier this week when it announced the addition of $1.4 billion worth to bring its total holdings to 553,555 BTC—more than $53 billion…

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Filed under: News - @ May 1, 2025 10:20 pm