Kalshi News

Coinbase sued regulators in Connecticut, Illinois and Michigan, arguing CFTC-regulated prediction markets should fall under federal commodities law, not state gambling rules.

The US regulator's green light lets Bitnomial’s clearinghouse support prediction markets linked to crypto and economic events, expanding its regulated product and clearing offerings.

A US judge has handed Kalshi a small win after putting a temporary stop to the Connecticut Department of Consumer Protection’s enforcement action against the company.

Prediction markets may be providing a way of turning opinions into financial products, but they may also pose financial risks and opportunities for insider trading.

Rising retail participation incentivizes data-driven, “elite” traders to use “information asymmetry” and spreads caused by casual investors seeking a quick buck, 10x said.

Bitcoin miners face record margin pressure as proxy stocks sink, Kalshi lands $1B funding and Ether derivatives volumes overtake Bitcoin on CME.

The company has approached traders, including sports bettors, about joining the effort as it expands in the US; rival Kalshi faces scrutiny over similar practices.

Kalshi will provide real-time prediction data across CNBC’s TV, digital and subscription platforms beginning in 2026 as part of a mult-year partnership.

Connecticut has sent cease and desist letters to Robinhood, Crypto.com and Kalshi, claiming the platforms' event contracts are unlicensed sports betting.

Kalshi has doubled its valuation after its latest Series E funding round, which come as the prediction market posted record trading volumes last month.

The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain.

Kalshi has joined predictions market rival Polymarket in the $10 billion-plus valuation club after reportedly raising another $1 billion from Sequoia Capital and CapitalG.

Tech researcher Jane Manchun Wong, who has discovered unreleased features on Facebook and X, has found that Coinbase is working on a prediction markets website.

The update brings real-time forecasting data from Kalshi and Polymarket to Google Finance, as more major platforms move into the growing prediction markets space.

Prediction markets show waning confidence in Trump’s tariff authority, with both Kalshi and Polymarket traders bracing for limits on executive power.