Democrats press CFTC, ethics watchdog on prediction market insider trading
In recent developments, prediction markets are facing increasing scrutiny over allegations of insider trading, prompting Kalshi and Polymarket to plan guardrails to curb potential incidents. Looking closer, market participants highlight…
Prediction market txs surge on geopolitical bets, media coverage
In recent developments, monthly notional trading volume for prediction markets has reached roughly $23.7 billion so far in March, up sharply from $1.9 billion at the same time last year.…
US Congressman Moves to Ban Staff From Trading on Prediction Markets
In recent developments, congress is moving to tighten oversight of prediction markets amid rising concerns over insider trading and misuse of sensitive information. Looking closer, market participants highlight key drivers…
Coinbase users push back against prediction markets notifications
In recent developments, while prediction market platforms are under legal scrutiny in the US, many Coinbase users are claiming that the app is pushing them to gamble. Looking closer, market…
P2P.me team discloses and apologizes for prediction market bets
In recent developments, the P2P.me team opened positions on the Polymarket prediction platform to wager whether the project would hit its $6 million fundraising goal. Looking closer, market participants highlight…
California governor signs order banning prediction market insider trading
In recent developments, the executive order is the latest in a wave of legal actions in the US seeking to curb government insider trading on prediction markets. Looking closer, market…
BitGo, Susquehanna roll out institutional OTC access to prediction markets
In recent developments, the offering allows institutional investors to trade event-based contracts using crypto collateral, as regulatory scrutiny of prediction markets intensifies in the United States. Looking closer, market participants…
Federal regulation looms as 11 states go after prediction markets
In recent developments, kalshi is facing off with state regulators around the US, who claim that prediction markets are a form of gambling and recognize that they are a significant…
Nevada Becomes First State to Ban Prediction Market Kalshi—At Least for Now
In recent developments, kalshi’s sports, politics, and entertainment prediction markets will be banned in Nevada for at least the next 14 days. The development has drawn attention from traders and…
Prediction markets boom on Iran bets as Congress eyes ban
In recent developments, iran-linked contracts drove prediction market activity higher as the CFTC opened rulemaking and Democrats moved to ban war and death bets. Looking closer, market participants highlight key…
Bitcoin Traders Defend $62,000 Support as $171M Liquidation Wave Hits Top Crypto
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