Prediction Markets


Markets

Kalshi Finds 'Widespread Evidence' of Strong Republican Momentum in U.S. Elections

A note from Kalshi's market research team suggests the prediction market - polls gap can be explained by Harris' sliding popularity with key demographics.

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)

Markets

Does World Liberty Financial Count as Trump 'Launching a Coin'? Polymarket Bettors Are Divided

Plus, a look at how PoliFi tokens are doing compared to prediction markets; there might be another #election2024 up north.

PRESCOTT VALLEY, ARIZONA - OCTOBER 13: U.S. Republican presidential nominee, former President Donald Trump dances during a campaign rally at Findlay Toyota Center on October 13, 2024 in Prescott Valley, Arizona. With leaders of the Border Patrol union in attendance, Trump pledged to hire 10,000 additional border patrol agents if reelected, intensifying his attacks on Democratic opponent Kamala Harris on the issue.  (Photo by Rebecca Noble/Getty Images)

Markets

Trump Leads Harris on Polymarket After Musk Endorsement, but Trails in This Key State

Elon Musk says prediction markets are more accurate than polls.

Eric, Donald and Donald Trump Jr. (Desiree Navarro/WireImage)

Finance

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.

MIAMI, FLORIDA - OCTOBER 02:  In this photo illustration, the names of the candidates for the 2024 Presidential election, including Republican presidential nominee, former U.S. President Donald Trump, and Democratic presidential nominee, Vice President Kamala Harris, appear on a vote-by-mail ballot on October 02, 2024 in Miami, Florida. With 33 days to go until election day, voters across the nation have begun to receive their absentee/mail ballots. (Photo illustration by Joe Raedle/Getty Images)

Policy

U.S. Election Betting: Kalshi Preps Presidential Prediction Markets After Re-Launching Congressional Contracts

Interactive Brokers' ForecastEx is also preparing presidential and Congressional contracts following the latest court defeat for the CFTC.

DOYLESTOWN, PENNSYLVANIA - SEPTEMBER 30: A locked ballot box is pictured at the Board of Elections office on September 30, 2024 in Doylestown, Pennsylvania. Absentee and mail-in ballot processing begins in Pennsylvania at 7am on Election Day according to the National Conference of State Legislatures. (Photo by Hannah Beier/Getty Images)

Markets

Trump Inches Closer to Harris on Polymarket as Betting Passes $1 Billion

Kamala Harris only leads by one percentage point on the prediction market, but is expected to carry most of the swing states.

(Colin Llyod/Unsplash)

Finance

Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge

The prediction market would use the potential token "as a way for users to validate the outcome of real-world events," the Information reported. It's unclear what that would mean for UMA, the oracle Polymarket uses.

Polymarket CEO Shayne Coplan (Polymarket)

Markets

Caroline Ellison Most Likely Won't Serve Time, Polymarket Traders Bet

Plus: the market is skeptical about Qualcomm's Intel deal; prediction markets were in vogue at Token2049 in Singapore.

Caroline Ellison, the government's star witness in their case against FTX founder Sam Bankman-Fried, leaving court on Tuesday, Oct. 11 following her first day of testimony. (Danny Nelson/CoinDesk)

Opinion

Prediction Markets Go to Washington('s Appeals Court)

A federal appeals court will consider the CFTC's ongoing efforts to keep political prediction markets from launching.

(Win McNamee/Getty Images)

Policy

U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court

The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.

Kalshi is trying to launch U.S. political prediction markets ahead of the 2024 election. (Pete Kiehart for The Washington Post via Getty Images)