🧐 Is Trump Media Building The New Polymarket?

Plus, PayPal and OpenAI announce a deal.

Happy Tuesday!

PYPL is surging after PayPal announced a partnership with OpenAI, becoming the first payments company to be integrated with ChatGPT.

Plus, if you’re looking for a trading roadmap for Q4 and beyond amid volatility, join Direxion's expert team of analysts on Nov. 6 for a timely webinar exploring how you can make the most of leveraged and inverse ETFs.

TOP STORY

Trump Media & Technology Group Corp. jumped more than 6% on Tuesday after announcing plans to launch Truth Predict, a new prediction markets platform inside its Truth Social app.

The company said the feature will allow users to trade prediction contracts on major events such as elections, interest rate decisions and commodity prices. 

The offering will be powered by Crypto.com Derivatives North America, a Commodity Futures Trading Commission–registered exchange and clearing house.

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QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin are consolidating some more after a sideways start to the week: here’s what’s driving the market today.

Dogecoin remains stuck at 20 cents and just can’t break out: why is it not moving?

Anthony Scaramucci expressed support for Donald Trump’s pardon of Changpeng Zhao: here’s what he said.

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FINTECH FOCUS

PayPal Holdings Inc. jumped 13.5% on Tuesday after announcing an agreement with OpenAI to embed its payments wallet directly into ChatGPT.

The deal makes PayPal the first digital wallet to operate natively inside ChatGPT.

Starting next year, both buyers and sellers will be able to complete transactions directly through the AI platform, according to CNBC.

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