Bitcoin bets on Polymarket show elevated downside risk in 2026 as analysts point to bearish trends and tight US liquidity conditions.
Prediction Markets News
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Coinbase says its Kalshi-powered prediction markets are now available nationwide, offering event contracts tied to sports, politics and culture.
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The predictions market platform announced two new hires related to state policy efforts and relations with the federal government.
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Polymarket will be the prediction market partner for the US Major League Soccer with the plan to offer “ways to engage more deeply with the game.”
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Bitcoin bull market optimism has suffered since the October crash, as chances of a short-term BTC price rally above $100,000 appeared to be fading.
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A preliminary injunction against the prediction markets platform reportedly came at the request of Massachusetts Attorney General Andrea Joy Campbell.
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The moves highlight growing uncertainty over whether crypto prediction markets are to be treated as finance or gambling.
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Insider trading is hard to curb on non-KYC prediction markets, but even identity checks do not fully eliminate abuse, according to Messari’s Austin Weiler.
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Trading volumes in prediction markets are higher than ever, with Monday seeing a record $814.2 million worth of trades placed on Kalshi, Polymarket and other platforms.
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US President Donald Trump said the “leaker on Venezuela has been found and is in jail” as some Polymarket accounts tied to early bets on Maduro’s ouster go silent.
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The NCAA wants the CFTC to tighten rules on college sport prediction markets, including age and advertising restrictions and anti-harassment measures.
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Backpack exchange launched an invite-only beta for its Unified Prediction Portfolio, letting users hedge and trade across markets in a single crypto account.
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Prediction market Kalshi dominated trading volumes on Monday, accounting for two-thirds of the $701.7 million tally.
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The move adds Ukraine to a growing list of countries, including France, Germany, the UK, Italy, Poland, Thailand and Australia, where Polymarket is already restricted.
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Kalshi can continue offering event contracts in Tennessee after a federal judge temporarily restrained state regulators pending a preliminary injunction hearing.
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