News with the tag "kalshi"

Nevada has just become the first state in the US to challenge the rapid rise of sports-based “event contracts” offered by platforms like Kalshi, Crypto.com and Polymarket. The Nevada Gaming Control Board, the state’s gambling regulator, has asked Kalshi Inc. to stop offering derivatives trading on p...

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...

According to prediction markets, Kalshi forecasts that the Department of Government Efficiency (DOGE) will cut 317,000 government employees in 2025. The agency has already fired thousands of government employees and offered others deferred resignation proposals. Kalshi forecasts revealed that predic...

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...

The U.S. Commodity Futures Trading Commission (CFTC) has pushed back against Super Bowl event contracts launched by the exchange Crypto.com and the retail betting market Kalshi. The retail trading giant Robinhood announced on Monday that it planned to roll out a prediction market for the Super Bowl ...

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

Kalshi bettors put the odds of Trump creating a Bitcoin reserve in 2026 at roughly 70%.

Kalshi, a New York-based exchange and prediction market located in Lower Manhattan, New York City, is in the news with its hiring of Donald Trump Jr. to its advisory board. The platform has gained traction in the booming field of prediction markets, allowing users to speculate on the probability of ...

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 markets Kalshi and Polymarket anticipate a slew of wins for crypto in 2025.