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On the eve of the Federal Reserve’s big day, prediction markets and futures are practically winking at traders—betting on a quarter-point rate cut. Analysts and crypto watchers alike are bracing…
The National Hockey League (NHL) said it has inked landmark multiyear U.S. partnerships with Polymarket and Kalshi on Wednesday, naming the two prediction market platforms as its official partners in…
Draftkings Inc. has officially entered the regulated prediction markets arena with its Oct. 21 acquisition of Railbird Technologies Inc. and its subsidiary Railbird Exchange, LLC, expanding beyond its traditional sports…
Dune Analytics data shows prediction markets are buzzing this week, racking up more than $2 billion in total volume across Myriad, Limitless, Kalshi, and Polymarket — with the latter pair…
Kalshi, a blockchain-based prediction market company, has raised $300 million in a recent funding round, capitalizing on the increased popularity of these platforms. The round, which pushes Kalshi’s valuation to…
Traders have practically written in pen a quarter-point cut, daring the U.S. Federal Reserve to prove them wrong at October’s meeting ahead. Quarter-Point Trim Leads the Board for October’s Fed…
Polymarket and Kalshi are reportedly weighing fresh fundraising rounds at valuations of $9 billion and $5 billion, respectively, according to a new report from The Information. Technology newsletter The Information…
The Massachusetts Attorney General’s Office has filed a lawsuit against prediction market platform KalshiEX LLC, alleging it illegally offered sports wagering to state residents without a license. Bay State Calls…
Traders across futures and prediction markets are nearly unanimous: the Federal Reserve is expected to cut interest rates at its September meeting, with a 25 basis point reduction the clear…
Ghislaine Maxwell, once a close associate of the late financier and sex-trafficking operator, Jeffrey Epstein, said she does not believe Epstein took his own life. She also stressed that she…