Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Finance & Earnings
DraftKings Predictions Volume Climbs Again, Reaching $3.1B Annualized Run-Rate
DraftKings reported a second straight month of double-digit growth in its prediction markets business on Monday, with both consumer and total trading volume climbing month-over-month —...
US Elections
Trump Endorsement Faces Iowa-Style Test in South Carolina GOP Governor Primary
Prediction markets give Trump-backed Pamela Evette an 81% chance to win South Carolina’s GOP governor primary, but polling and recent Iowa results suggest the race may be closer than...
Industry
Could Bet365 Be the Next Sportsbook to Enter Prediction Markets?
Bet365’s new fantasy sports product gives it a presence beyond its licensed sportsbook states, but a person familiar with its U.S. strategy said event contracts are not currently in the...
US Elections
Platner Holds Maine Senate Edge as Markets Brush Off Scandals; Polls Less Convinced
Prediction markets still favor Graham Platner in Maine’s Senate race despite scandals and mixed polling, with traders pricing him as the likely Democratic nominee and slight general...
US Elections
Pratt Falls to Third in LA Mayor Race as Prediction Markets Correct Course
Prediction markets over-estimated Spencer Pratt’s early LA mayoral surge before vote counts pushed him to third. Karen Bass remains favored for November, with Nithya Raman now the likely...
Prediction Market Reports
Kalshi Sets $17.9B Record May as World Cup Lifts Polymarket US to Weekly High
Kalshi closed May with $17.91 billion in notional volume, its ninth consecutive monthly record and a 21% jump from April’s then-record $14.81B, according to DeFi Rate’s...
General
Kalshi $1 Million World Cup Contest: Predict 2026 World Cup Winner + Tickets to Finals
Kalshi has launched a free-to-play contest with a $1,000,000 prize pool, shared among eligible entrants who correctly predict the 2026 FIFA World Cup...
US Elections
Rubio Closes on Vance in 2028 GOP Nomination Market After Trump Comments
Prediction markets show Marco Rubio closing sharply on JD Vance after fresh comments from Donald Trump in the 2028 Republican primary...
Industry
Robinhood Launches World Cup Prediction Markets Through Rothera
Robinhood is using the tournament to test its affiliated Rothera exchange, but some World Cup contracts will still route through Kalshi....
Industry
Prediction Market Odds Are Shaping Political Narratives, Raising Manipulation Questions
After Andrew Left's conviction, CFTC Chairman Mike Selig warned manipulation rules apply to prediction markets. Economists say the platforms improve forecast accuracy, but the line between...
