Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Finance & Earnings
Coinbase Prediction Markets Hit $100M Annualized Revenue Amid Crypto Slump in Q1
Coinbase’s first-quarter earnings showed the exchange holding its ground through the crypto trading slowdown, with $1.4 billion in revenue and $303 million in adjusted EBITDA, but the...
Pat Evans
May 8, 2026
Legal News & Updates
Fourth Circuit Panel Signals Doubts on Kalshi’s Injunction Request in Maryland
Oral arguments in federal and state courts involving Maryland and Massachusetts this week featured heavy skepticism of Kalshi’s claims about sports event contracts being out of reach of...
Derek Helling
May 8, 2026
US Elections
Reality Star Spencer Pratt Emerges as Real Contender in LA Mayor Markets
Los Angeles is in a weird phase as residents look toward electing its next mayor, with prediction markets now suggesting reality star Spencer Pratt is more than a sideshow in the race. As...
Pat Evans
May 7, 2026
Regulation & Policy
Clarity Act Markup Nears as Crypto Industry Eyes ‘Permission to Grow’ in US
Crypto executives say the Clarity Act could finally stabilize years of shifting US digital asset rules as lawmakers, regulators and industry groups push toward a potential summer...
Iliana Mavrou
May 6, 2026
Industry
Flutter Reinforces $300M FanDuel Predicts Expansion and Market Making Push
Flutter Entertainment said FanDuel Predicts produced immaterial revenue in the first quarter of 2026, even as FanDuel’s parent company continues to plan for roughly $300 million in...
Mike Breen
May 6, 2026
US Elections
Ohio Governor Markets Leaning Blue Despite Ramaswamy Win in GOP Primary
Vivek Ramaswamy won the Republican Primary for the Ohio governor race, but prediction markets still favor Democrat Amy...
Pat Evans
May 6, 2026
Regulation & Policy
Will Congress Ban Its Members from Trading Stocks? Prediction Markets Are Skeptical
The Senate banned its own members from trading on prediction markets in less than a week. A ban on stock trading has been stalled for years. And the very prediction markets now being...
Mike Breen
May 6, 2026
Legal News & Updates
Federal Judge Permanently Blocks Arizona’s Criminal Case Against Kalshi on Preemption Grounds
An Arizona federal judge has permanently blocked the state from pursuing criminal charges against Kalshi, handing the CFTC a major win in its escalating battle to assert exclusive federal...
Valerie Cross
May 5, 2026
US Elections
Becerra Surges in California Governor Odds as Ballots Hit Mailboxes
The California governor race has a new leader on prediction markets as ballots go out to residents, and the candidates are teed up for debates this week. Former state Attorney General...
Pat Evans
May 5, 2026
Industry
Limitless Exchange Files for CFTC Approval After Record $1.66B Month
Limitless Markets US, LLC, a U.S. entity tied to international blockchain-based prediction market Limitless Exchange, has applied to become a federally regulated derivatives exchange,...
Mike Breen
May 5, 2026