DraftKings is reportedly making an enormous play on crypto. The sports activities betting big intends to implement a cryptocurrency deposit function, in accordance to info shared at a Massachusetts Gaming Commission (MGC) listening to final week. The change would permit DraftKings prospects in 4 states to fund their accounts with digital currencies, changing crypto to…
Jupiter is bringing Polymarket to Solana for the primary time. This is a big step within the growth of on-chain prediction markets. Moreover, it signifies Jupiter’s ambition to turn out to be a prediction hub throughout the Solana ecosystem. The decentralized trade introduced the combination on X, describing the transfer as a means to let…
The White House is popping up the strain on crypto regulation – and this time, it’s setting a deadline. At a closed-door assembly on Monday between crypto corporations, banks, and coverage officers, the White House reportedly advised either side they want to attain a deal on stablecoin yield by the tip of February. New: At…
Cboe Global Markets needs to maintain it easy with their foray into the prediction market — however is it as straightforward as they suppose? The Chicago-based venue for choices buying and selling confirmed that it was in early talks with brokerages and market makers, in line with a Feb. 2 report within the Wall Street…
Prediction markets set one more all-time high this week, they usually did it with no single NFL sport on the schedule. Total notional quantity throughout main platforms hit $6.32 billion for the week ending Feb. 1, up 2.2% from the prior week’s file regardless of this being the Super Bowl bye week. The proven fact that prediction…
For a lot of 2025, Kalshi’s rise as the primary scaled, regulated U.S. prediction market platform was intently tied to Robinhood. When the retail brokerage launched occasion contracts inside its app in March of 2025, routing trades to Kalshi as a Futures Commission Merchant (FCM), Kalshi’s buying and selling volumes surged. That relationship may now…
A brand new derivatives change affiliated with sports-focused platform Novig has entered the federal regulatory pipeline. Ludlow Exchange, LLC not too long ago appeared within the Commodity Futures Trading Commission’s (CFTC) trade filings portal as a pending Designated Contract Market (DCM) applicant, in accordance with the company’s public listings. The submitting is notable as a…
Prediction markets notched one other all-time high week, with complete notional quantity throughout main platforms reaching $6.18 billion, up 3.1% from the prior week’s file. Kalshi led the way in which once more with $2.26 billion in quantity (+4.9% WoW), extending its streak to 15 consecutive weeks of outperforming Polymarket on notional quantity. Top-line numbers…
CME Group and Kalshi have self-certified a recent batch of occasion contracts with the CFTC this week, increasing their sports activities and financial choices because the prediction market house continues its fast evolution. As CME Group is the market supplier for DraftKings Predictions and FanDuel Predicts, the brand new additions will seemingly be showing on…
Efforts in Washington to repeal a cap on the federal playing loss tax deduction have struggled to realize traction in current months. With earlier legislative efforts in Congress stalling and more moderen proposals simply getting off the bottom, prediction markets have mirrored a corresponding lack of momentum for a 2026 repeal. The tax provision, enacted…