Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Legal News & Updates
CFTC Escalates Fight to Wisconsin, Raising Stakes for Seventh Circuit Review
The Commodity Futures Trading Commission (CFTC) released a statement on Tuesday announcing that it has filed a lawsuit in response to Wisconsin’s legal actions against the operators of...
Industry
Robinhood Q1 Earnings Show Prediction Markets Holding Strong as Rothera Exchange Nears Launch
Robinhood reported first-quarter results Tuesday showing steady growth despite a sharp decline in crypto trading, as surging activity in prediction markets helped offset the slowdown....
Industry
Will Trump Fire Kash Patel? Polymarket, Kalshi Odds Signal Growing Exit Risk
Prediction markets are pricing Kash Patel's exit as more likely than not. Our aggregated data shows Patel with a 79% chance to leave the Trump administration this...
Crypto
Prediction Markets Don’t Just Reflect Crypto Sentiment; They Help Shape It
When tensions between the United States and Iran escalated earlier this month, one of the fastest places to register the shift was not social media or breaking news alerts. Instead,...
US Elections
Traders Pour Millions Into 2028 Presidential Race as Democrats Hold Early Edge
Traders are already throwing millions of dollars into the 2028 presidential race winner contracts on prediction markets despite not even knowing the outcomes of the 2026 midterms. The...
Legal News & Updates
CFTC Sues New York, Opening New Front in Prediction Markets Preemption Fight
Four federal circuit appeals courts have already weighed in, albeit in limited fashion, on the dispute over the classification of prediction markets and state sovereignty. Thanks to a new...
Prediction Market Reports
Kalshi Posts Record $3.9B Volume Week, Extends Lead Over Polymarket as Parlays Surge
Weekly notional volume bounced back sharply after last week’s post-Masters pullback, with the two leading prediction markets combining for $5.9B in weekly notional volume for the week...
Legal News & Updates
Kalshi Loses Bid to Block Ohio Enforcement as Sixth Circuit Fast-Tracks Appeal
Kalshi will get its day in court at the Sixth Circuit to argue against Ohio officials’ attempts to enforce state gambling laws against its prediction market exchange. Kalshi’s petition...
Finance & Earnings
CME Beats Q1 Estimates as Record Volume Offsets Uncertain Prediction Markets Outlook
CME Group beat Q1 estimates on record volume and data demand with a
reported ~215M prediction market contracts traded since early Dec. launch. The next growth phase hinges on how U.S....
Industry
New Broker Filings Fuel Distribution Race Across Prediction Markets
Prediction market expansion in the U.S. is unfolding not just through new exchanges, but also through companies applying to act as intermediaries. A growing group of firms spanning news...
