Prediction Markets

How Many Years Will SBF Get? Jury's Out on Betting Platform Polymarket
Plus: Tesla's delivery numbers will fall short of record, Kalshi traders signal; "Ghostbusters" fandom underestimated.

Nearly $100M Wagered on U.S. Presidential Election on Polymarket
Bettors on the crypto-based prediction market platform see a clear path to victory for Trump, and are bullish on Ethereum's ETH hitting an all-time high in 2024 – just not before Solana's SOL.

Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)
The CFTC-regulated platform will let traders bet on how high ETH will go this year and other price outcomes amid renewed interest in both crypto and prediction markets.

U.S. CFTC's Behnam Says Agency Writing New Policy on Prediction Markets
Companies such as PredictIt and Kalshi would get "regulatory clarity" under rule in coming months, according to the chairman of the derivatives regulator.

He Exposed Harvard President's Plagiarism, Then Lost Money Betting on the Story
Are prediction markets the future of investigative journalism? Maybe, says Chris Brunet, whose reporting led to Claudine Gay's resignation – though he's yet to profit from his scoops.

Bitcoin ETF Frenzy Brings Windfall Volume to Decentralized Predictions Platform Polymarket
Polymarket saw betting contracts worth more than $5.7 million change hands on Wednesday.

CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
U.S. CFTC Chair Rostin Behnam says his agency is still awaiting new authorities from Congress to get supervision power over the crypto markets.

Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections
The CFTC denied a valid hedging option when it rebuffed a plan to offer event contracts for traders to bet on political outcomes, the company said.

Americans (Seemingly) Aren't Allowed to Put This Economic Theory to the Test
The CFTC keeps putting fences around prediction markets, which some say are better way to aggregate information.

CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress
U.S. federal regulators said the plans weren't in the "public interest," after a court squabble involving rival service PredictIt

