News with the tag "Prediction market"

Robinhood trading app is introducing a new prediction markets hub, expanding its financial services portfolio. Developed in partnership with regulated exchange Kalshi Inc. – also a prediction market service – the new platform enables users to trade contracts based on real-world outcomes across sport...

Beyond an avenue for making speculative bets, prediction markets can offer an additional glimpse into the prevailing sentiment surrounding a particular matter. You wouldn’t have to look particularly far to see that worries surrounding a potential recession in the United States have skyrocketed as of...

The U.S. Commodity Futures Trading Commission's legal campaign against prediction market platforms such as Polymarket and Kalshi can't just be shut down, according to Caroline Pham, the acting agency chairman put in place by President Donald Trump. Pham said the agency will gather experts for a roun...

Crypto attorney Aaron Brogan has clarified that prediction markets should not be conflated with Web3 gambling . In an interview with CoinDesk , Brogan emphasized the structural and operational differences between prediction markets and traditional gambling platforms. He highlighted that prediction m...

"Immense gratitude to everyone who voted for President Trump on my behalf," the Silk Road founder wrote in a November 2024 X post.

On Jan. 12, 2025, bitcoin’s price has been drifting within the $95,000 range, while market participants on prediction platforms such as Kalshi and Polymarket are placing their bets on its future trajectory. Currently, a Polymarket wager suggests a 12% likelihood that bitcoin could climb to $120,000 ...

Coinbase Inc. (COIN) is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data. Copies o...

Prediction Market Traders Signal New Highs for Bitcoin and Ethereum in 2025 The cryptocurrency market is buzzing with optimism as prediction markets indicate significant potential for Bitcoin and Ethereum to hit all-time highs in 2025. Platforms like Polymarket and Kalshi reveal that traders are bet...

For decades, prediction markets were a backwater, a science experiment. In 2024, Shayne Coplan, founder of Polymarket, turned them into a multibillion-dollar business and a popular barometer of the political winds, cited by everyone from Donald Trump to CNN . In so doing, he demonstrated a real-worl...

Donald Trump has made many promises to get elected the next United States president, starting on January 20, 2025. Yet, … Continue reading The post How the market is pricing Donald Trump’s election promises appeared first on Finbold .