Federal Reserve economists argue that prediction markets often deliver quicker and sharper economic forecasts than conventional approaches. A new study spotlights Kalshi’s strong performance on interest rate calls and inflation…
The National Collegiate Athletic Association (NCAA) has requested US regulators to temporarily suspend prediction markets related to college sports. This demand comes amidst concerns for student-athlete safety, citing increased harassment…
The Federal Reserve’s study spotlights Kalshi’s prediction markets as a top real-time tool, outpacing Bloomberg Consensus in tracking outcomes. Traders praise the endorsement amid growing Wall Street interest, but a…
The financial world is buzzing as Bitwise files for a prediction market-backed ETF, signaling a potential shift for election betting into the mainstream. This move follows a trend of traditional…
As stablecoins gain traction in traditional finance, prediction markets are emerging as the next frontier for crypto innovation. Bitwise’s recent ETF filing signals a significant move towards mainstream acceptance, focusing…
Michael Selig, chairman of the US Commodity Futures Trading Commission, reiterated the agency’s stance on defending prediction markets from state-led litigation. The CFTC has filed an amicus brief to assert…
The head of the U.S. Commodity Futures Trading Commission is pushing back against a wave of state-level lawsuits targeting prediction market platforms. He asserts the agency’s exclusive authority to regulate…
The prediction platform Polymarket has filed trademark applications for ‘POLY’ and ‘$POLY’ with the USPTO, signaling a potential native token launch. This move comes amid increasing regulatory scrutiny facing prediction…
Polymarket has escalated its regulatory fight by suing Massachusetts in federal court, claiming states lack authority to interfere with CFTC-approved prediction markets. The lawsuit comes amid growing state scrutiny of…
Crypto.com has spun off its prediction market operations into a new, dedicated platform named OG. This move signals a significant commitment to the burgeoning prediction market sector, positioning OG to…