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…
Chicago-based Jump Trading, a long-established proprietary buying and selling agency that trades its personal capital and typically serves as a market maker throughout monetary markets, is poised to purchase small fairness stakes in prediction market platforms Kalshi and Polymarket by market-making agreements tied to offering liquidity, in accordance to a current report. People acquainted with…
Gemini is exiting the UK, European Union, and Australia and reducing almost 25% of its workforce because it restructures. The crypto alternate believes that prediction markets, not world alternate enlargement, will outline its subsequent section of progress. The resolution was outlined in an organization blog post titled “Gemini 2.0,” the place founders Tyler Winklevoss and…
Total notional quantity throughout tracked prediction exchanges got here in at $6.26 billion for the week ending Feb. 8, down simply 0.9% from the prior week’s $6.32 billion all-time high. That makes 4 consecutive weeks above $6 billion and 6 straight weeks of all-time or near-all-time exercise. The huge quantity story of the week is…
Allegations of large-scale insider buying and selling have erupted throughout prediction markets tied to the Super Bowl halftime present. This has elevated scrutiny of how event-based contracts are monitored and enforced because the sector grows. The controversy was created by an X post from Nate Meininger, who alleged that insiders profited closely from advance data…
Kalshi’s cost infrastructure turned a major level of failure tonight beneath what can solely be an obscene quantity of site visitors. Kalshi spent months operating a really aggressive acquisition marketing campaign and onboarded PayPal and Venmo final week to organize for the demand. Whatever preparations have been made have been clearly not sufficient and the…
The Super Bowl is the largest betting occasion of the yr, and there have by no means been extra choices for betting (or buying and selling) on the Big Game than in 2026. With all of the discuss round pricing variations throughout prediction markets and sportsbooks, I made a decision to perform a little digging…
Prediction markets have taken in over $1 billion in Super Bowl quantity, with greater than $230 million buying and selling on the Kalshi game-winner contract alone. With kickoff at Levi’s Stadium in two hours, we’ve put collectively a snapshot of our tracked Super Bowl odds markets on Kalshi and Polymarket. Don’t neglect to benefit from…
Super Bowl LX kicks off in Santa Clara tonight at 6:30 p.m. ET, and whereas the state nonetheless doesn’t enable a single legal sports activities guess, thousands and thousands of Californians are inserting trades on the Seahawks and Patriots anyway — by means of Kalshi. The platform holds a Designated Contract Market (DCM) license from…
California nonetheless has no authorized sports activities betting choices, however that doesn’t imply you’ll be able to’t wager on the Super Bowl at authorized and controlled platforms. What makes that attainable is that federally regulated prediction markets now function beneath CFTC jurisdiction in all 50 states, together with California. And with Super Bowl LX between…