Prediction Markets

Prediction Markets

Finance

Kalshi Launches Tokenized Event Bets on Solana Blockchain: CNBC

The prediction market is rolling out tokenized contracts on Solana to meet crypto traders where they already are, Kalshi told CNBC.

(Jesse Hamilton/CoinDesk)

Policy

State of Crypto: Kalshi and Prediction Markets Face a Setback

The court cases will continue for the moment.

Kalshi website shown on a laptop.

Markets

Robinhood Makes Prediction Market Push With Purchase of Former FTX Platform LedgerX

Wall Street research firm Bernstein said the move — which Robinhood made in conjunction with market-making giant SIG — raises the stakes for competitors like Polymarket and Kalshi.

Robinhood logo on a screen

Policy

Nevada Just Shattered Prediction Markets’ Favorite Theory in Kalshi Ruling

Nevada’s ruling says sports outcome contracts on a federally regulated exchange are not swaps, opening the door for state gambling laws to apply.

Nevada Unsplash Photo by Robbie Noble on Unsplash

Finance

Polymarket Secures CFTC Approval for Regulated U.S. Return

Polymarket’s amended CFTC designation paves the way for the prediction-market platform to formally reopen in the U.S. with a fully regulated exchange structure.

Polymarket CEO Shayne Coplan (Polymarket)

Finance

Microcap Biotech Firm Raises $212M for Prediction Market Token Treasury Strategy

Enlivex Therapeutics is raising $212 million to invest in RAIN, the token of a blockchain-based prediction market, which will become its main treasury reserve asset.

(CoinDesk)

Markets

Fanatics Enters Prediction Markets via Crypto.com Partnership

The product is set to launch in the next couple weeks, Fanatics CEO Michael Rubin said on CNBC.

CoinDesk

Markets

Asia Morning Briefing: Even Prediction Markets Didn’t See Bitcoin’s Sell-Off Coming

A fast reset in downside odds mirrors QCP’s warning of flat-footed pro desks, with Glassnode highlighting oversold momentum and moderating ETF outflows.

Headshot of a dog

Policy

Prediction Markets Say U.S. Government Shutdown Days From Ending as Health Care Fight Looms

Polymarket traders see a 96% chance the record-long shutdown ends by mid-November, as the Senate passes a deal and pressure mounts on House Republicans to act.

U.S. Congress (Jesse Hamilton/CoinDesk)

Finance

Gemini Prepares to Offer Prediction Market Contracts: Bloomberg

The exchange founded by Cameron and Tyler Winklevoss has discussed unveiling products in this area as soon as possible, according to a report on Tuesday.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)