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Kalshi
Kamala Harris Pulls Well Ahead of Trump on Polymarket
Plus: Will Trump mention crypto in Elon Musk interview?; don't hold your breath for OpenAI's Sora.
Prediction Markets and Polls Both Got the French Election Wrong
Plus: Polymarket traders remain skeptical about Biden's insistence he's staying in the U.S. presidential race; will ETH fall to $2,630?
Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets
Plus: Polymarket traders doubt Trump will go to prison; Kalshi bettors are at odds with the CME FedWatch poll on rate cuts.
U.S. CFTC Proposes Ban on Political Event Contracts
The U.S. derivatives regulator approved a proposed rule that punctuates a long-standing legal dispute between the agency and predictive markets platforms.
Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.
Polymarket Odds Say Columbia University President Will Keep Job
Continuing pro-Palestine protests won't lead to Minouche Shafik having a fate similar to Claudine Gay, who was recently forced to resign as Harvard's president, the prediction market signals. Plus: Kalshi bettors don't think Taylor Swift will break her record.
Standard Chartered Bullish on Bitcoin; SOL Crosses $200 Amid Meme Coin Frenzy
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Standard Chartered raised its year-end forecast for bitcoin's (BTC) price to $150,000 from $100,000. Plus, surge in Solana’s SOL token on the back of the meme coin frenzy. And Kalshi brings betting on crypto to U.S.-based traders?
Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)
The CFTC-regulated platform will let traders bet on how high ETH will go this year and other price outcomes amid renewed interest in both crypto and prediction markets.
U.S. CFTC's Behnam Says Agency Writing New Policy on Prediction Markets
Companies such as PredictIt and Kalshi would get "regulatory clarity" under rule in coming months, according to the chairman of the derivatives regulator.
CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
U.S. CFTC Chair Rostin Behnam says his agency is still awaiting new authorities from Congress to get supervision power over the crypto markets.