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Arthur Hayes: Hyperliquid Could Dominate Prediction Markets Thanks to HYPE Token
BitMEX co-founder Arthur Hayes believes that the native HYPE token will give Hyperliquid a decisive edge over Kalshi and Polymarket in the prediction markets segment.
Study: Polymarket Accuracy Driven by 3% of Traders, Not 'Wisdom of the Crowd'
Researchers from London Business School and Yale University found that Polymarket's prediction accuracy stems from a small group of skilled traders, not the collective intelligence of its massive user base.
US Military Member Charged With $400K Insider Betting on Polymarket
The US Department of Justice has charged an active-duty military member with using classified information about a Venezuela operation to place bets on Polymarket, netting over $400,000 in profit.
Kalshi Bans Three US Politicians for Betting on Their Own Elections
Prediction market platform Kalshi has imposed five-year bans and fines on three American politicians who placed wagers on the outcomes of their own electoral campaigns. Meanwhile, US states are tightening regulation of prediction markets.
Phemex Launches Prediction Markets Powered by Polymarket
Crypto exchange Phemex rolled out prediction markets on April 23, leveraging Polymarket's infrastructure and liquidity. The launch includes a four-week promotional campaign for traders.
Bitget Wallet Integrates Polymarket and Launches AI Analytics for Prediction Markets
Non-custodial wallet Bitget Wallet has integrated prediction platform Polymarket, giving users mobile access to prediction market trading with built-in AI analytics tools.
Kalshi and Polymarket to Launch Perpetual Futures on Crypto Assets
Leading prediction markets Kalshi and Polymarket have both announced plans to offer perpetual futures trading on cryptocurrencies, bringing leveraged trading to their platforms.
More Perfect Union Investigation Exposes Prediction Markets Polymarket and Kalshi
American media outlet More Perfect Union rejected a partnership offer from Polymarket and instead conducted an investigation questioning the accuracy, fairness, and business model of prediction market platforms.
Bernstein Forecasts Prediction Markets to Reach $1 Trillion by 2030
Bernstein analysts project that prediction platforms like Polymarket and Kalshi could see combined volumes hit $1 trillion by 2030, driven by federal regulation and institutional demand.
White House Issues Insider Trading Warning After Suspicious $500M Oil Bets Ahead of Iran Announcements
The U.S. administration sent an internal memo to staff after suspiciously timed oil futures bets worth approximately $500 million were placed minutes before Trump's Iran statements. Three bills targeting prediction markets have been introduced in Congress.
US Tax Experts Struggle to Agree on How to Tax Prediction Market Winnings
American tax professionals can't reach consensus on how users of prediction platforms like Polymarket and Kalshi should report their earnings. The IRS has yet to issue official guidance.
Polymarket Announces Own Stablecoin and Major Exchange Upgrade
Prediction market platform Polymarket is rolling out its biggest infrastructure update ever, including a rebuilt trading engine, upgraded smart contracts, and a new collateral token called Polymarket USD to replace USDC.e.
Bitcoin Hits $70,000 as Iran Ceasefire Talks Boost Risk Appetite
Bitcoin surged 4% to test the $70,000 level on April 6 amid reports of ceasefire negotiations between the US, Israel, and Iran. The derivatives market, however, sends mixed signals.
JPMorgan CEO Jamie Dimon Opens Door to Prediction Markets Entry
JPMorgan CEO Jamie Dimon said the world's largest bank may eventually enter the prediction markets space, as the sector hits record $23.2 billion in monthly trading volume.
Prediction Markets Hit $20B Monthly Volume as Geopolitics Overtakes Crypto Bets
Monthly trading volume on prediction platforms has surged to a record $20 billion, with unique wallets tripling to 840,000. Geopolitical contracts now dominate over crypto-focused bets.
Kalshi Raises Over $1 Billion, Surpassing Polymarket in Valuation
Prediction market platform Kalshi has closed a funding round exceeding $1 billion, doubling its valuation to $22 billion and overtaking rival Polymarket.
Argentine Court Orders Nationwide Block of Polymarket
A Buenos Aires judge ordered Polymarket blocked across Argentina, directing Google and Apple to remove the app. The ruling cites unlicensed gambling operations and suspected insider trading tied to inflation data.
Polymarket Partners with Palantir to Build AI-Powered Sports Betting Surveillance System
Prediction market Polymarket has teamed up with Palantir Technologies to develop a real-time monitoring system for detecting suspicious sports betting activity, powered by the Vergence AI engine.
Bitcoin Path to $80K: Triangle Breakout and CME Gap Align
Analyst Yashu Gola identified several technical factors — including a symmetrical triangle breakout and an unfilled CME gap — suggesting Bitcoin could reach $80,000 in March.
Kalshi Voids Khamenei Market: Traders Report $100K+ Losses
Prediction market Kalshi voided a market tied to Iran's supreme leader, citing ethical reasons. Despite CEO assurances of full refunds, traders report significant losses and threaten lawsuits.
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