Prediction | Crypto

If you open your brokerage this year and a “Markets” tab seems to be sprouting unfamiliar yes/no questions (“Will the Fed cut rates in March?”, “Will a major ETF get approved this quarter?”), you wouldn’t necessarily be hallucinating. The recent regulatory green-light for Polymarket via a cleared path under its newest acquisition of an exchange […] The post Prediction markets are coming to your brokerage appeared first on CryptoSlate.

Prediction markets Polymarket and Kalshi surge for the pro-crypto candidate as Trump’s likely Fed chair pick, just as internal Fed reforms spark pushback from veterans. Prediction markets Polymarket and Kalshi view Kevin Hassett, US President Donald Trump’s National Economic Council director, as the favorite to replace Jerome Powell as the next Federal Reserve chair. The odds of Hassett filling the seat have spiked to 66% on Polymarket and 74% on Kalshi at the time of writing. Hassett is widely viewed as crypto‑friendly thanks to his past role on Coinbase’s advisory council, a disclosed seven‑figure stake in the exchange and his leadership of the White House digital asset working group.​ Founder and CEO of Wyoming-based Custodia Bank, and a prominent advocate for crypto-friendly regulations, Caitlin Long, commented on X: Read more

Prediction markets made a significant appearance in the spotlight in September, with monthly volume more than doubling to $4.28 billion, while memecoin trading on Solana cooled. The question now circling crypto’s risk-taking corners is whether these markets are becoming the new trenches for degens hunting edge and adrenaline. Prediction markets rise Across the prediction market […] The post New degen trenches? Prediction markets double volume to $4.3B as Solana memecoin trading slumps appeared first on CryptoSlate.

Kalshi plans to use a portion of the funding to scale its technology team, CEO Tarek Mansour said. Kalshi, a prediction market and competitor to Polymarket, has reportedly closed a $185 million funding round that values the company at $2 billion, indicating growing investor appetite for the emerging sector. The round was led by crypto investment company Paradigm, with participation from venture capital companies Sequoia Capital, Multicoin Capital and other investors, The Wall Street Journal reported on Wednesday. CEO and co-founder Tarek Mansour said the funding will be used to expand Kalshi’s technology team and integrate its prediction contracts into more brokerage platforms. Currently, Kalshi contracts are available through Webull and Robinhood Markets. Prediction markets have gained traction as an alternative to traditional polling, with proponents arguing that they offer more accurate forecasts by aggregating the collective expectations of participants. Founded in 2018 by Mansour and Luana Lopes Lara, Ka...