Vitalik Buterin, co-founder of Ethereum, shared insights and warnings across the long-term sustainability of prediction markets. He argued in a latest X put up that the sector could also be drifting towards short-term speculative merchandise at the expense of broader monetary utility. Buterin acknowledged that prediction markets have reached significant scale, with sufficient liquidity to…
DraftKings executives leaned closely into prediction markets throughout the firm’s fourth-quarter earnings name Friday morning, framing the rising product as a serious long-term development driver, whilst traders reacted cautiously to the near-term monetary outlook. The name got here a day after the corporate launched its shareholder letter highlighting what it described as a “large, incremental…
The Trump administration’s newly announced Innovation Advisory Committee on the Commodity Futures Trading Commission could appear like a routine authorities panel. In actuality, it represents the formal mixture of crypto, prediction markets, conventional exchanges and sports activities betting beneath one federal derivatives umbrella. First reported by Brecca Stoll of The Daily Wire, who detailed how…
Major League Baseball is exploring partnerships with prediction market platforms. Speaking at house owners’ conferences in Palm Beach, Florida, MLB commissioner Rob Manfred confirmed that league executives had been briefed on potential partnerships with Polymarket and Kalshi, each of which function below federally regulated frameworks for occasion contracts. The dialogue comes at a delicate second…
A brand new prediction market change applicant has entered the Commodity Futures Trading Commission’s regulatory pipeline, with PMEX Markets listed as a pending Designated Contract Market (DCM) in a submitting dated Feb. 9 on the company’s buying and selling group portal. The submitting is tied to Pluto, a venture-backed startup aiming to construct monetary markets…
According to the Skynet Prediction Markets Report, prediction markets crossed decisively into the mainstream in 2025, with annual buying and selling quantity rising fourfold. A small group of dominant platforms now controls the bulk of international exercise. Kalshi ranks first in Skynet’s 2026 platform evaluation with a rating of 90.72 (AA), adopted carefully by Polymarket…
Rep. Dina Titus has introduced plans for a federal legislative proposal geared toward proscribing sports-related prediction markets, posting particulars about what she referred to as the Fair Markets and Sports Integrity Act Tuesday on X. The Nevada Democrat mentioned the proposal is meant to forestall prediction market platforms from providing contracts tied to sporting occasions…
Kaito AI and Polymarket are formally rolling out what they name “consideration markets,” a brand new class of prediction markets that lets customers wager on web traits relatively than conventional real-world occasions. In a publish on X, Kaito mentioned the product will likely be built-in straight into its primary platform, with a standalone web site…
Kalshi has introduced a brand new partnership with Game Point Capital, a agency that focuses on sports-related monetary threat administration. The deal comes shortly after a Kalshi CFTC submitting for a “Sportsbook Hedging Program” that will facilitate massive trades by sports activities betting firms to put off firm threat. Both strikes sign main growth into…
As followers basked in the afterglow of Super Bowl LX (and replayed the Bad Bunny Halftime Show), they could not have observed that the battle between Massachusetts and prediction markets, Kalshi and Polymarket, hit a brand new degree. On Feb. 9, a Massachusetts choose denied Kalshi’s emergency movement to remain an injunction barring its sports…