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Kalshi, Polymarket and Crypto.com Receive Cease-and-Desist Letters From Tennessee Regulators

Tennessee has issued cease-and-desist letters to Crypto.com and two of the biggest prediction market platforms, requesting the companies to shut down services for customers in the state. Regulatory Concerns Prompt…

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Prediction Market Data Shows Waning Confidence in January Bitcoin Breakout

Bitcoin dipped to an intraday low of $89,343 on Thursday, Jan. 8, before stabilizing just above $90,000 by 11:25 a.m. EST, as prediction markets collectively pared back expectations for a…

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Prediction Markets Had Their Breakout Year in 2025 — and There Was No Going Back

In 2025, prediction markets stopped acting like a sideshow and started behaving like a real financial category. Prediction Markets Go Mainstream What began as a niche experiment in forecasting elections…

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Draftkings Taps CFTC Framework to Launch Predictions Marketplace App

On Friday, Draftkings launched a standalone predictions app regulated under federal commodities law, formally entering the growing U.S. prediction markets sector and expanding beyond traditional sports betting into event-based contract…

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Crypto and Fintech Titans Join Forces to Secure the Future of Prediction Markets

A powerful coalition of top crypto and fintech platforms is moving to lock in federal oversight for prediction markets, aiming to block state-level crackdowns while protecting access to a fast-growing…

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January Odds Scream ‘No Rate Change’ While Powell Shuts Down New Fed Chair Chatter

After the U.S. Federal Reserve trimmed the benchmark interest rate last week, attention now shifts to the Jan. 28, 2026, meeting, where current odds suggest the central bank is poised…

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