Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Investments
Polymarket Eyes $15B Valuation as Gap With Kalshi Widens
Polymarket is reportedly weighing a new funding round that could value the prediction market platform at around $15 billion, as the company considers whether to raise additional capital now...
Mike Breen
April 21, 2026
Industry
What John Oliver Got Wrong, Right About Prediction Markets on Last Week Tonight
John Oliver dedicated 32 minutes of his HBO show Last Week Tonight to prediction markets on Sunday night. The comedy news show with millions of viewers marked another mainstream cultural...
Valerie Cross
April 20, 2026
Volume Report
Kalshi Maintains $3B Weekly Volume, Polymarket Pulls Back Post-Masters
Weekly notional volume on the two largest prediction markets pulled back from the prior week’s Masters-fueled highs. Kalshi posted $3.06B for the week of April 13, down 13.6% WoW from...
Valerie Cross
April 20, 2026
US Elections
Vance Leads GOP 2028 Odds as Markets Price Trump Risk
The Republican side of the 2028 presidential race on prediction markets looks much more structured than the Democratic one, because there is already a traditional heir apparent in Vice...
Pat Evans
April 17, 2026
Industry
Ninth Circuit Debates Gaming vs Swaps Divide in Nevada vs. Kalshi Hearing
The US District Court for the Ninth Circuit didn’t let either side off easy in Thursday’s hearing for oral arguments in Nevada’s cases against Kalshi, Robinhood, and...
Valerie Cross
April 16, 2026
Regulation & Policy
Congress Presses CFTC Chair on Sports Contracts, Insider Risk and Sole Commissioner
Lawmakers on the House Agriculture Committee questioned Commodity Futures Trading Commission chairman Mike Selig during a hearing on Thursday, as scrutiny of prediction markets continues to...
Mike Breen
April 16, 2026
US Elections
Democratic Presidential Race Tops $1.1B in Trades with Two Years of Turbulance Ahead
Prediction markets are already treating the 2028 Democratic presidential race as a high‑volume, high‑volatility story with over $1.1 billion in trading volume, even though the field has...
Pat Evans
April 16, 2026
Regulation & Policy
Kentucky Override Forces DraftKings, FanDuel to Choose: Prediction Markets or Sportsbooks
Kentucky’s legislature has overridden the governor’s veto of a bill that would force gambling licensees to choose between offering prediction markets and traditional gaming in the...
Derek Helling
April 16, 2026
Industry
FanDuel Files New FCM, Racing DraftKings for Full Prediction Markets Stack
When DraftKings and FanDuel entered the prediction markets space, they made fundamentally different bets on how to build the business. Now both companies have futures commission merchant...
Mike Breen
April 15, 2026
Industry
Ohio Regulators Move to Fine Kalshi $5 Million, Prompting Motion for Injunction
The Ohio Casino Control Commission (OCCC) is escalating enforcement action against Kalshi, announcing intentions to impose a $5 million fine for what it characterizes as “conducting...
Derek Helling
April 15, 2026