NewsSignals AI analysis·Cointelegraph·
Underdog taps zerohash to bring crypto deposits to prediction markets
Grade Bbullish AI signal
Prediction market operator Underdog has partnered with crypto infrastructure provider zerohash to add cryptocurrency and stablecoin deposits, with launch expected later this year. The integration will enable eligible users to fund accounts directly through the Underdog app with supported digital assets and near-instant, around-the-clock transfers, though supported tokens have not been disclosed. The move could expand crypto adoption in prediction markets and increase demand for digital-asset payment infrastructure as the sector grows.
Bullish strength: 75/100
- Underdog is adding cryptocurrency and stablecoin deposits, expanding practical crypto payment use cases.
- The service is designed for near-instant transfers around the clock without requiring users to manage wallet addresses or blockchain networks.
- Underdog recorded $1.4 billion in trading volume over the 30 days ending October 21, up 133% from the previous period.
Bearish strength: 25/100
- The funding option is not expected to launch until later this year.
- Underdog has not disclosed which cryptocurrencies or stablecoins will be supported.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.