Polymarket accurately predicted Israel’s strike on Iran

Source Cryptopolitan

Prediction market Polymarket saw bets pointing toward military action against Iran 2 days before Israeli fighter jets launched a preemptive strike across the country early Friday. Wagers on the platform yesterday showed a 60% probability of an Israeli assault on Iran.

After news of the strikes broke, several new bets were published on the platform leaning towards an Iranian retaliation. Polymarket odds showed only a 12% chance the conflict would subside by next Friday, while the likelihood of Iran declaring war on Israel within the same timeframe fell to 33% after reaching 55% in the early hours of Friday.

Polymarket betting odds foreshadowed Israel’s preemptive strike, new bets are in for Iran's response.
Iran war declaration on Israel odds. Source: Polymarket

The attack is one of the most profound Israeli military operations in years, targeting dozens of nuclear and military sites across Iran. Israeli officials have called the events “missions to preserve our existence.” Odds of Israel declaring war on Iran in the next week are now at 25%.

Multiple strikes across Iran, including nuclear facility at Natanz

“More than 100 targets have been struck across Iran,” said IDF spokesperson Rear Admiral Daniel Hagari during a live briefing Friday morning. “Over 330 munitions have been deployed as part of a precise and synchronized operation.”

Among the targets was Iran’s uranium enrichment plant at Natanz, located in central Iran. Iranian state media confirmed the facility was hit multiple times, releasing footage of thick black smoke rising from the site.

The Natanz facility has thousands of advanced centrifuges used to enrich uranium. The extent of the damage to the underground infrastructure is not known, although Israeli officials said the operation focused on “military targets and targets from the nuclear program.”

In Tehran, multiple videos taken around 3:30 a.m. local time showed fire and smoke engulfing buildings in the northern part of the capital. In one clip, a man can be heard saying, “The time is 3:37 a.m. An apartment complex has been struck.”

Daylight footage verified by CNN showed emergency responders pulling bodies from the rubble of collapsed residential buildings and searching for survivors. The New York Times, citing senior Iranian officials, reported that six military bases in the Tehran area were struck, along with the homes of high-ranking officers.

Iranian commanders killed, Khamenei promises ‘severe punishment’

Iranian authorities confirmed that Hossein Salami, commander-in-chief of the Islamic Revolutionary Guard Corps, and Mohammad Bagheri, chief of staff of Iran’s military, were killed in the attacks. State media outlet Nour News also reported that Ali Shamkhani, a close adviser to Supreme Leader Ayatollah Ali Khamenei, was critically injured.

Khamenei issued a press response Friday morning, accusing Israel of war crimes and warning of consequences.

“By God’s will, the powerful hand of the Armed Forces of the Islamic Republic will not let Israel go unpunished,” Khamenei said in a statement to the Iranian people. “The regime must expect severe punishment.”

He added, “Israel has opened its dirty and bloody hand to a crime against Iran, revealing its evil nature more than ever by striking residential centers.”

An Iranian military spokesperson, in support of Khamenei asserted that “Israel and the United States will pay a heavy price for an unprovoked preemptive strike.” 

US Secretary of State Marco Rubio has absolved the West from the conflict, telling the media: “The United States was not involved in these strikes and did not provide assistance.”

In an interview with Fox News, President Donald Trump also denied any American involvement in the Israeli strikes on Iran. Rumors of a US involvement are likely to have come from the chatter around Washington’s troubles with Tehran’s nuclear ambitions.

“Iran cannot have a nuclear bomb, and we are hoping to get back to the negotiating table. We will see,” Trump said. He added that the United States would support Israel in the event of an Iranian retaliation.

According to the White House, Trump is scheduled to convene a meeting of the National Security Council on Friday morning, US time, to assess the situation.

KEY Difference Wire helps crypto brands break through and dominate headlines fast

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin ETF Inflows For 2025 Now Outpace 2024, Data ShowsUS Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
Author  Bitcoinist
Jul 16, Wed
US Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
placeholder
Gold slips as easing trade tensions offset support from soft dollarGold prices extended losses on Thursday, as easing trade tensions dampened demand for safe-haven assets.
Author  Reuters
19 hours ago
Gold prices extended losses on Thursday, as easing trade tensions dampened demand for safe-haven assets.
placeholder
European Central Bank set to keep interest rates unchanged amid US-EU trade uncertaintyECB is on track to leave its key interest rates unchanged after its July policy meeting, after having reduced rates at each of its last seven meetings.
Author  FXStreet
17 hours ago
ECB is on track to leave its key interest rates unchanged after its July policy meeting, after having reduced rates at each of its last seven meetings.
placeholder
Tesla shares fall amid delays, distractions and fading EV dominanceTesla's TSLA.O shares sank nearly 7% in premarket trading on Thursday.
Author  Reuters
16 hours ago
Tesla's TSLA.O shares sank nearly 7% in premarket trading on Thursday.
placeholder
FTSE 100 hits record high on positive corporate newsLondon's main stock indexes rose on Thursday, with the blue-chip index hitting an all-time intraday peak
Author  Reuters
16 hours ago
London's main stock indexes rose on Thursday, with the blue-chip index hitting an all-time intraday peak
goTop
quote