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Across Myriad, Kalshi, and Polymarket, prediction traders are converging on a familiar conclusion: bitcoin looks far more likely to flirt with six figures than collapse into deep drawdown territory anytime soon. The $100K-or-Bust Framing Takes Hold On Myriad, the market bluntly titled “ Bitcoin’s next move: Pump to $100K or Dump to $69K?” shows traders … Read more
In the final week of 2025, weekly prediction market notional volume cleared $5.3 billion, and the opening week of 2026 pulled the same trick—once again topping $5 billion and etching fresh records into the sector’s ledger. Prediction Markets Gain Serious Attention Prediction markets have been stealing the spotlight lately, and data compiled by Dune Analytics … Read more
Tennessee has issued cease-and-desist letters to Crypto.com and two of the biggest prediction market platforms, requesting the companies to shut down services for customers in the state. Regulatory Concerns Prompt State Regulators To Threaten Firms With Fines for Failure to Comply With Demands The Tennessee Sports Wagering Council has sent cease-and-desist letters to Kalshi, Polymarket, … Read more
Bitcoin dipped to an intraday low of $89,343 on Thursday, Jan. 8, before stabilizing just above $90,000 by 11:25 a.m. EST, as prediction markets collectively pared back expectations for a six-figure January move. $100K Still Possible, but January Odds Are Sliding Across major prediction platforms, traders have been steadily dialing down the odds that bitcoin … Read more
Since the U.S. removed Venezuelan President Nicolás Maduro, prediction markets tied to the Latin American nation have attracted large flows of capital. Two specific contracts focused on who will govern the country by the end of 2026 have already recorded close to $2 million in trading volume. Prediction Markets Split on Who Will Lead Venezuela … Read more
In 2025, prediction markets stopped acting like a sideshow and started behaving like a real financial category. Prediction Markets Go Mainstream What began as a niche experiment in forecasting elections and sports quietly evolved into a multibillion-dollar ecosystem touching Wall Street, media giants, professional sports, and crypto infrastructure. From regulatory victories and courtroom battles to … Read more
After a flood of documents and photographs from the Jeffrey Epstein files dropped this month, even more material from the sprawling archive is expected to roll out under a U.S. Department of Justice release required by the Epstein Files Transparency Act. Since then, a Polymarket wager titled “Who will be named in newly released Epstein … Read more
On Friday, Draftkings launched a standalone predictions app regulated under federal commodities law, formally entering the growing U.S. prediction markets sector and expanding beyond traditional sports betting into event-based contract trading. Draftkings Brings Event Contracts to U.S. Users via New Predictions Platform Draftkings announced the debut of Draftkings Predictions on Dec. 19, introducing a mobile … Read more
With bitcoin off 5.5% for the month of December on a returns basis, plenty of eyes are squinting at the chart and asking what comes next. To size things up, we leaned into the wisdom of the crowd and peeked at what today’s most active prediction markets are betting on. Myriad Bettors Still Favor $100K, … Read more
A powerful coalition of top crypto and fintech platforms is moving to lock in federal oversight for prediction markets, aiming to block state-level crackdowns while protecting access to a fast-growing market reshaping polling, trading, and civic insight. Crypto and Fintech Giants Unite to Defend Federal Control of Prediction Markets Major financial and crypto platforms have … Read more