Polymarket launches five-minute cryptocurrency price movement prediction contracts in the United States

BlockBeats news, October 29: Polymarket has launched five-minute cryptocurrency price movement prediction contracts on its regulated U.S. platform. The platform, operated by QCX LLC, is regulated by the U.S. Commodity Futures Trading Commission (CFTC). Traders can predict whether assets such as Bitcoin, Ethereum, Solana, and XRP will close above or below their starting prices within five minutes. Correct predictions pay $1 per contract, while incorrect ones result in zero payout, resembling binary options.