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New York Attorney General Letitia James and Governor Kathy Hochul sued Polymarket’s US arm on Thursday, alleging the prediction market has been running an illegal gambling operation in the state…
Almost one million trades of nearly the same size have moved through a single Kalshi market since August, and federal regulators are looking at them, as reported by The Wall…
The Commodity Futures Trading Commission (CFTC) is reportedly reviewing unusual trading on Kalshi’s Ethereum perpetual futures market. This is according to The Wall Street Journal (WSJ), which found close to one…
Kalshi’s maker fees on parlays have brought in $26 million in their first four weeks, according to an Ingame analysis of the exchange’s trade data. The fee took effect on…
The Federal Reserve waited 1,148 days to raise interest rates again, and speculators are already betting it won’t stop at one. Polymarket, Kalshi, and CME futures now lean toward another…
Bitcoin’s price climbed as high as $81,377 on Friday, Sept. 18, putting the leading crypto asset within striking distance of $84,000. Prediction traders think that short hop is increasingly likely,…
Kalshi now moves $40B+ in monthly volume while handling roughly 80% of U.S. prediction market volume. The figures lie in stark contrast to recent developments, the most pertinent being the…
Polymarket’s monthly trading volume fell to $8.41 billion in August, down about 35% from July’s $12.89 billion, as the post-World Cup rush that drove prediction markets earlier this summer faded.…
While bitcoin’s price has risen a great deal over the last month, and Wall Street, die-hard crypto proponents, and even AI chatbots are bullish, prediction market bettors are expecting BTC…
New Jersey asked the Supreme Court on Sept. 2 to step in as the Third and Ninth Circuits produced a split on whether states can regulate sports bets offered on…