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      Polymarket Introduces 15-Minute Bitcoin Price Markets for US Users

      Polymarket has launched a new feature on its US app that allows users to bet on Bitcoin's price direction in 15-minute intervals. The product, named "Bitcoin Up or Down," was introduced on September 22, 2026, and enables users to wager on whether Bitcoin's price will finish above or below a reference price at the end of each interval. These markets operate continuously, 24/7, aligning with the cryptocurrency's constant trading nature.

      At the beginning of each 15-minute period, Polymarket sets a reference price for Bitcoin, and users can take positions based on their predictions. The platform utilizes Chainlink's BTC/USD oracle for settlement, which aggregates data from various sources to minimize manipulation risks. This new offering marks a significant shift from Polymarket's traditional focus on longer-duration event contracts, such as political outcomes and economic decisions.

      The introduction of these high-frequency trading products places Polymarket in direct competition with crypto derivatives exchanges. However, the distinction between event contracts and derivatives is crucial from a regulatory perspective, as the Commodity Futures Trading Commission (CFTC) closely monitors Polymarket's operations. The CFTC has previously scrutinized the platform, and the new 15-minute contracts may prompt further regulatory examination regarding their classification.

      As Polymarket navigates this regulatory landscape, the success of its 15-minute Bitcoin markets could influence competitors like Kalshi, which also operates under CFTC oversight. If Polymarket's new offering proves commercially viable without regulatory issues, it may lead to similar products being launched by other platforms in the near future.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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