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Weekly Radar (October 6, 2022)

Weekly Radar (October 6, 2022)

Will we be able to edit a tweet in 2022, or will Twitter have to edit this ETA to a further date?

An edit button has been the most requested feature on Twitter, and the company is finally promising its users what they’ve been asking for the most since its inception. The company announced on September 1 that users would soon be able to make changes to their tweets up to 30 minutes after posting. The original tweet will not disappear, though. Instead, the edit button will display a timestamp that reveals the original version followed by the edited ones. After being thoroughly tested, the new feature’s rollout will soon begin among Twitter Blue subscribers. As of today, it is unclear if it will become available to all users later this year.

The Polkamarkets community seems divided, slightly toward the skeptical outcome (NO position priced at 0.524 MOVR). One thing is sure: there is still no edit button for whatever happens in the future. We might just have to wait and foresee.

Does Zelensky have what it takes to be TIME’s Person of the Year?

Photograph: Time Magazine
Photograph: Time Magazine

When Russian forces began a full-scale invasion of Ukraine in February, Zelensky, a comedian with no political experience before he was elected Ukraine’s President in 2019, was thrust onto the world stage and rallied leaders to support Ukraine. His resilience and charisma caught the world by surprise and are viewed by many as instrumental to the resilience shown by the Ukrainian people. But will it be sufficient to grant him the title of 2022 TIME’s Person of the Year?

In a recent poll conducted by the renowned publication, readers voted for the individuals they thought deserved a spot on the annual list of most influential people of the year. With more than 3.3 million votes cast, Zelensky came in first with 5% of the vote. The Polkamarkets Community firmly backs this trend, with the YES shares priced at 0.768 MOVR. If it will become a reality or not, only TIME will tell.

How low can the GBP/USD pair go in the face of tax cuts and a looming recession?

GBP set a historic low of 1.035 against the US dollar last September 26, as investors took fright against UK government plans to borrow billions of pounds to fund tax cuts and energy aid, while interest rates rose to their highest levels in decades. On the other hand, US policies made to protect the USD, such as safe-haven flows and hawkish US Federal Reserve bets, heavily reinforced this ongoing trend. The Bank of England (BOE) recently stated that policymakers are prepared to further adjust interest rates in order to address the fall of the sterling. In the meantime, some economists are projecting that GBP could reach parity with the dollar — a significant shift after decades of averaging around USD 1.50. However, the Polkamarkets Community still believes the pound-to-dollar parity will be unlikely during 2022, with the NO position priced at 0.568 MOVR as of this writing. But the macroeconomic scenario is somewhat unprecedented, and skilled forecasters are welcome to step in and help us see through the hazy times we’re facing.

Under the Polkamarkets Radar

Iran is on a quest to regain its freedom and there are questions yet to be answered.

Photograph: Allison Bailey/NurPhoto/Rex/Shutterstock
Photograph: Allison Bailey/NurPhoto/Rex/Shutterstock

Protests are rocking Iran over the death of Mahsa Amini, who was held in custody by the Iranian morality police, and have spread throughout the country. Videos showing women burning their headscarves and crowds chanting “death to the dictator” amid burning cars have flown on social media. Worldwide protests followed this popular movement in solidarity with the growing uprising demanding greater freedom. Now, the protests in Iran are more intense than they’ve ever been, with more than 50 Kurdish cities joining efforts to launch a national strike and promote the non-payment of government taxes.

On top of this socio-political turmoil, the Iranian economy also struggles with severe international sanctions, which can lead to its bankruptcy. This situation presents an unprecedented challenge to the conservative Islamic theocracy, whose rigid laws forbid any acts of rebellion. But will it be enough to end the regime led by its supreme Leader, Ali Khamenei? As of now, some prediction markets don’t see it happening in the near future. But it would be interesting to see the Polkamarkets Community weigh in on what could be a pivotal moment in Iran’s history.

Forecast the future with Polkamarkets Protocol. Check out the app at https://app.polkamarkets.com

About Polkamarkets

Polkamarkets is an Autonomous Prediction Market Protocol built for multi-chain information exchange and trading where users take positions on outcomes of real-world events–in decentralized and interoperable EVMs.

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An Autonomous Prediction Market Protocol Built for multi-chain information exchange and trading, where users take positions on outcomes of real-world events. Find the Polkamarkets Protocol in decentralized and interoperable EVMs on Polkadot and Kusama.

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Polkamarkets Labs

Polkamarkets Labs

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Autonomous Prediction Market Protocol, an EVM protocol solution for the Polkadot Ecosystem. https://www.polkamarkets.com/