Polymarket CEO Shane Copeland is the world's youngest self-made billionaire, and Arthur Hayes says the four-year cycle is no more.

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Polymarket founder and CEO, Shane Copeland, has become the world's youngest self-made billionaire,

according to the Bloomberg Billionaire's Index. The milestone comes after Intercontinental Exchange,

the owner of the New York Stock Exchange announced on Tuesday that it would invest as much as $2 billion in the prediction market

at an $8 billion pre-money valuation. Now 27 years old, Copeland launched Polymarket in June 2020,

after spending a year studying how prediction markets could improve decision-making. The platform's

breakout moment came in the 2024 U.S. presidential election when betters wagered more than $3 billion

on potential outcomes. Utility or privacy. The transparency of traditional

blockchains forces a difficult choice. Break free from this limitation with midnight. Just like

the internet made information global, stable coins are making money global. And Bridge, a

stripe company, is powering that shift. Arthur Hayes is arguing that Bitcoin's traditional

four-year market cycle no longer stands.

In an essay titled Long Live the King, he said that the primary catalyst behind previous Bitcoin bare markets in 2014, 2018 and 2022, was monetary tightening in major economies, not the four-year halving cycle.

The Maelstrom co-founder and CIO says Bitcoin is unlikely to enter a bare market in the coming months as support of monetary conditions are expected to prevail.

And a Luxembourg sovereign wealth fund has invested a 1% sliver of its holdings into Bitcoin ETFs, making it the first state-level fund in the Eurozone to tap into Bitcoin.

That's according to a representative for the agency for the development of Luxembourg's Financial Center. European nations, Finland and the UK also holds Bitcoin. That's according to a representative for the agency for the development of Luxembourg's

Financial Center. European nations, Finland and the UK also holds Bitcoin, although Bitbo

data shows most of that crypto is sourced from criminal seizures. Jonathan Westhead, an official

from the Luxembourg Finance Agency, said via email that the investment recognizes the growing

maturity of this new asset class

and underlines Luxemburg's leadership and digital finance.

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