Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Legal News & Updates
Illinois Becomes Second US State to Enact Law Regulating Prediction Markets
Illinois’ FY2027 budget includes a requirement for prediction markets to obtain licensure from gaming regulators and taxes exchanges’...
Derek Helling
June 2, 2026
US Elections
Platner Scandal Barely Moves Maine Senate Prediction Market Odds
Prediction markets tighten but still favor Democrats in Maine, with Platner holding 60-65% odds despite a recent texting...
Pat Evans
June 1, 2026
Crypto
Hyperliquid Is Wall Street’s Favorite Everything Exchange, New Grayscale ETF Confirms
The CFTC’s approval of the first U.S.-listed perpetual futures contract on Friday is already reverberating across crypto markets, with Hyperliquid-linked assets rallying as traders...
Iliana Mavrou
June 1, 2026
US Elections
Montana Senate Race Tests Whether Prediction Markets Are Underpricing Seth Bodnar
Prediction markets give Republicans a 74% chance to win Montana's open Senate seat, but polls suggest independent Seth Bodnar may be more competitive than traders expect heading into the...
Pat Evans
June 1, 2026
Volume Report
Forecast: World Cup Prediction Market Volume Could Hit $2.5 Billion in the US
Prediction markets could drive as much as $2.5 billion in trading activity on the 2026 World Cup, with $1.47-1.93 billion trading on Kalshi. The current World Cup Winner contract is...
Cheryle Shepstone
June 1, 2026
Uncategorized
CFTC, DOJ Intervene in Kalshi Lawsuit Against Rhode Island Prior to Motion for Injunctive Relief
Litigation in Rhode Island district court following established pattern for states with Democratic attorney generals who take action against prediction...
Derek Helling
June 1, 2026
US Elections
NJ GOP Senate Primary Attracts Trading Volume Despite Strong Democratic Hold Odds
Polymarket traders have wagered nearly $440K on New Jersey's GOP Senate primary, while prediction markets continue to price Democrats as overwhelming favorites to hold Sen. Cory Booker's...
Pat Evans
May 29, 2026
Crypto
Kalshi Wins CFTC Approval for First US Regulated Bitcoin Perpetual Futures, Opens Waitlist
Kalshi's Bitcoin perpetual futures contracts are now CFTC-approved with the waitlist open. "Bringing perps onto a regulated prediction market exchange opens the door to institutional...
Valerie Cross
May 29, 2026
US Elections
Iowa Split: Prediction Markets Back Rob Sand but Favor GOP Senate Hold Ahead of Primary
Prediction markets give Democrat Rob Sand a 64%-66% chance to win Iowa's governor race, while Republicans remain favored to hold the open Senate seat. Here's why traders are pricing the two...
Pat Evans
May 29, 2026
US Elections
CA Governor Primary Markets Signal Becerra vs Hilton Matchup as Polls Catch Up
The California governor race is turning into what prediction markets have signaled for weeks. The markets have been calling a top two showdown between Democrat Xavier Becerra and...
Pat Evans
May 28, 2026