Tag: Prediction Markets
U.S. Election Betting: Regulated Presidential Markets Are Live, and Tiny Compared to Polymarket's
With a month to go before Election Day, Kalshi and Interactive Brokers have listed prediction markets on the race for the White House.
www.coindesk.c [...]
Kalshi Preps Presidential Prediction Markets After Re-Launching Congressional Contracts
While it's been fighting the agency in court, New York-based Kalshi, which settles bets in dollars, has watched crypto-powered rival Polymarket, which [...]
Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge
The startup's runaway success this year has been a sore point for Kalshi, a regulated, dollar-denominated prediction market that's been fighting a pro [...]
Caroline Ellison Most Likely Won’t Serve Time, Polymarket Traders Bet
Traders on Polymarket are betting the court will agree, with "yes" shares for "no prison time" trading at 48 cents, meaning the market sees a 46% chan [...]
Prediction Markets Go to Washington(‘s Appeals Court)
As of the time I'm writing this, the contracts are still halted. The appeals court scheduled a hearing for Thursday, giving each party 15 minutes to m [...]
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company's effort [...]
U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case
After the U.S. Commodity Futures Trading Commission's court defeat last week in the agency's pursuit of Kalshi's election contracts, the regulator's c [...]
Limitless Raises $3M to Grow Prediction Market
Paper Ventures, Collider and Public Works participated in the round, said CJ Hetherington, co-founder and CEO of Limitless Labs, the company building [...]
Second Assassination Attempt Barely Moves Trump's Polymarket Odds
Nearly $1 billion has been bet on the crypto-based prediction market. Plus: are you ready for 20x leveraged election betting?
www.coindesk.com [...]
U.S. Election Betting: What's at Stake in Final (?) CFTC-Kalshi Showdown
Here's how to listen to Thursday's hearing in the closely watched federal court case over political prediction markets, and why it matters.
www.coind [...]
Kalshi Lists Long-Sought Election Contracts After Beating CFTC in Court
“The election gambling contracts pose significant public interest risk,” the CFTC’s lead attorney said during Thursday's hearing. “The Commission note [...]
Kalshi’s New Political Prediction Markets Halted as CFTC Appeals Loss
"Appellee KalshiEx LLC ('LLC'), knowing that this Court’s review was imminent, has raced to launch its election gambling contracts on the same day the [...]
U.S. Political Prediction Markets: Why Kalshi's Court Victory Matters
If it turns out that the judge's ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal.
www.coindesk.c [...]
Even Temporarily Blocking Election Contracts Risks ‘Irreparable’ Harm, Kalshi Argues
Kalshi, which won a significant victory in court last week when a federal judge ruled its political prediction markets should be allowed to trade in t [...]
'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court
The regulator pleaded with the court to halt Kalshi's political prediction markets for the duration of the CFTC's appeal.
www.coindesk.com [...]