Kalshi News

Bitcoin bull market optimism has suffered since the October crash, as chances of a short-term BTC price rally above $100,000 appeared to be fading.

A preliminary injunction against the prediction markets platform reportedly came at the request of Massachusetts Attorney General Andrea Joy Campbell.

The moves highlight growing uncertainty over whether crypto prediction markets are to be treated as finance or gambling.

Insider trading is hard to curb on non-KYC prediction markets, but even identity checks do not fully eliminate abuse, according to Messari’s Austin Weiler.

Backpack exchange launched an invite-only beta for its Unified Prediction Portfolio, letting users hedge and trade across markets in a single crypto account.

Prediction market Kalshi dominated trading volumes on Monday, accounting for two-thirds of the $701.7 million tally.

Kalshi can continue offering event contracts in Tennessee after a federal judge temporarily restrained state regulators pending a preliminary injunction hearing.

Tennessee regulator warned that failure to comply could trigger steep fines, court injunctions and potential law enforcement referrals for for further investigation.

Parcl’s native PRCL token surged over 100% following news of the partnership, which brings housing price indexes into prediction markets.

A $400,000 Polymarket wager tied to Maduro’s capture has prompted Ritchie Torres to propose legislation restricting insider trading on political prediction markets.

Coinbase sued regulators in Connecticut, Illinois and Michigan, arguing CFTC-regulated prediction markets should fall under federal commodities law, not state gambling rules.

The US regulator's green light lets Bitnomial’s clearinghouse support prediction markets linked to crypto and economic events, expanding its regulated product and clearing offerings.

A US judge has handed Kalshi a small win after putting a temporary stop to the Connecticut Department of Consumer Protection’s enforcement action against the company.

Prediction markets may be providing a way of turning opinions into financial products, but they may also pose financial risks and opportunities for insider trading.

Rising retail participation incentivizes data-driven, “elite” traders to use “information asymmetry” and spreads caused by casual investors seeking a quick buck, 10x said.