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Trump Jr.'s 1789 Capital leads $1B funding in Polymarket at $21B valuation

Market News
01 Sep 2026
Forbes
View Source
Bullish
pluang ai news

Donald Trump Jr.'s venture fund, 1789 Capital, is leading a $1 billion funding round for Polymarket, investing $300 million and valuing the prediction market platform at $21 billion. This follows previous investments by 1789 Capital and Intercontinental Exchange, highlighting growing interest despite regulatory scrutiny on betting platforms. Polymarket competes with Kalshi, which recently raised funds at a higher valuation, signaling a competitive and rapidly evolving market for prediction-based betting platforms.

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Bitcoin rallies 26% in August but stalls near $78K amid Fed rate hike concerns and key September catalysts.

Bitcoin rallies 26% in August but stalls near $78K amid Fed rate hike concerns and key September catalysts.

Bitcoin surged about 26% in August, briefly surpassing $81,000, driven by institutional demand and ETF inflows. However, it stalled just below $80,000 in early September after Federal Reserve signals of potential rate hikes dampened momentum. Michael...

Market News
Neutral
4 hours ago
Binance to adjust collateral ratios for 11 assets including ZEC on September 4, impacting margin and borrowing power.

Binance to adjust collateral ratios for 11 assets including ZEC on September 4, impacting margin and borrowing power.

Binance announced it will adjust collateral ratios for 11 assets, including Zcash (ZEC), effective September 4, 2026. Collateral ratios determine how much an asset's value counts toward margin or loan collateral, so changes can affect borrowing power...

Market News
Bearish
4 hours ago
Solana breaks key resistance, eyes $150 if $83-$85 support holds in next pullback

Solana breaks key resistance, eyes $150 if $83-$85 support holds in next pullback

Solana (SOL) has broken out of a months-long accumulation range and a year-long downtrend, pushing its price above $100 and signaling a potential market reversal. The critical test now is whether the $83-$85 zone can hold as support during the next p...

Technical Signals
Bullish
4 hours ago
Goldman Sachs becomes top U.S. institutional holder of spot XRP ETFs with $87.45M exposure in Q2 2026.

Goldman Sachs becomes top U.S. institutional holder of spot XRP ETFs with $87.45M exposure in Q2 2026.

Goldman Sachs has emerged as the largest institutional holder of U.S. spot XRP ETFs, reporting $87.45 million in exposure in the second quarter of 2026. This represents holdings linked to over 84 million XRP tokens, surpassing all other institutional...

Market News
Bullish
4 hours ago
Bitcoin price predictions for September 2026 vary from a slight rise to a 9% drop, no clear bull market yet.

Bitcoin price predictions for September 2026 vary from a slight rise to a 9% drop, no clear bull market yet.

Finbold's AI-driven analysis forecasts Bitcoin's price by September 30, 2026, with mixed predictions ranging from a modest 1.37% increase to $79,674 to a 9.05% decline to $71,500. Among five AI models, ChatGPT-5.6 Sol is the most bullish, predicting ...

Technical Signals
Neutral
4 hours ago
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