Kalshi, a major player in the prediction market scene, just scored a huge win. They raised $300 million, pushing their value to $5 billion. This isn't just any market; it's a place where people bet on real-world events, from elections to sports, using bitcoin and other digital currencies. The big names in finance, like Sequoia Capital and Andreessen Horowitz, led th...
The NHL has made a significant move by teaming up with prediction market platforms Kalshi and Polymarket. This partnership marks the first time a major U. S. sports league has joined forces with prediction markets, which are gaining traction and challenging traditional sportsbooks. Prediction markets like Kalshi and Polymarket let users bet on the outcomes of events...
Robinhood has been called out by Massachusetts regulators for its new prediction markets hub. This hub allows users to bet on various events, including college basketball games. The Secretary of the Commonwealth, Bill Galvin, has sent a subpoena to Robinhood, seeking information about the hub's launch and user activity. The hub, launched on March 17, lets users buy ...
As Kamala Harris prepares to announce her running mate, prediction market Polymarket has revealed its top four picks. But what do these candidates think about crypto? Let's dive in and explore their stance on digital assets. First off, it's essential to understand how prediction markets work. Traders exchange contracts that pay out based on the outcome of unknown fu...
The cryptocurrency market has always been sensitive to political rhetoric, and the upcoming presidential election is no exception. The market has been on edge as the odds of Vice President Kamala Harris's victory rise above those of Donald Trump. The uncertainty surrounding the outcome has led to a stalemate, with investors unable to make a decisive move. A few mont...