Prediction Markets

Prediction Markets

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)

Markets

Analysis: Coinbase's Armstrong Made Prediction Markets Look 'Fun.' Bill Ackman Made Them Look Real

A Coinbase CEO prank resolved one market with a single sentence. Ackman’s warning about “rigged odds” in a $22 million Polymarket election shows the opposite: it now takes institutional-scale money to move prices even 10%.

Crystal Ball, Prediction

Markets

Analysis: Prediction Market Bettors Miscalculated Dutch Election Results

Both Polymarket and Kalshi traders ignored late polls showing D66 gaining ground, keeping Geert Wilders’ PVV priced as a sure thing until exit polls forced a repricing that erased millions in misplaced bets.

Netherlands flag. (Flickr)

Markets

Blockchain-Based Polymarket Eyes U.S. Comeback by November: BBG

Polymarket previously announced it would launch a token and had acquired a CFTC-registered entity.

(istrfry/Unsplash)

Markets

Trump Media Taps Crypto.com to Launch Prediction Markets on Truth Social

Truth Predict will let users bet on elections, Fed moves and more via a CFTC-registered exchange, making Truth Social the first social platform with native prediction markets.

CoinDesk

Finance

Polymarket Seeks Investment at Valuation of $12B-$15B: Bloomberg

That level would mark a more than 10-fold increase since June, when Polymarket raised $200 million at a $1 billion valuation.

Shayne Coplan, founder and CEO of Polymarket (CoinDesk/Jesse Hamilton)

Markets

Jupiter DEX Launches Kalshi-Powered Prediction Market for F1 Mexico Grand Prix Winner

The platform, powered by Kalshi, allows users to speculate on the race outcome, with initial trading limits set to ensure stability.

16:9 crop: Gambling roulette chips betting casino chance. (Pixabay)