Coinbase Prediction Markets Thrive Amid Crypto Winter
The US crypto exchange Coinbase reported a 106% increase in prediction market revenues in Q2, despite Bitcoin's stagnant prices.
The US crypto exchange Coinbase reported a 106% increase in prediction market revenues in Q2, despite Bitcoin's stagnant prices.
FTSE 100 firm IG Group has agreed to acquire US sports company Underdog in a move which could hold big implications for a variety of sectors.
Prediction markets suffered legal setbacks in two rulings this week as judges in Wisconsin and New York sided against the CFTC and Kalshi.
Friday’s preliminary injunction barring Minnesota from implementing its unique law banning all prediction markets chalks another tally for Kalshi, Polymarket and the Commodity Futures Trading Commission (CFTC) on the ever-expanding U.S. court scoreboard.
The polarizing legal war between prediction markets and regulators in the US courts escalates, focusing on whether sports-related prediction market contracts are gambling.
This week has been busier than most in the world of prediction markets, from the CLARITY Act to the World Lottery Association’s warning to the furor over election betting in Wisconsin, and more.
Robinhood Markets is reportedly in discussions with Crypto.com to bring the digital currency exchange's prediction markets business onto Robinhood's platform, according to people familiar with the matter.
Netflix premiered its prediction markets documentary on Sunday, but Kalshi has taken exception to the filmmakers appearing to show wagers placed on the platform in violation of a Nevada court order.
The North American Association of State and Provincial Lotteries (NASPL) has raised concerns over prediction markets, urging lawmakers and regulators to clarify their approach to sports-related event contracts.
N1 Partners has wrapped up its six-week N1 Sport Promo campaign held alongside the FIFA World Cup 2026, with SEO, ASO and Facebook being the top-performing traffic sources for affiliates working with sports betting and prediction markets.
Last week, lawmakers introduced the Facial Recognition to Protect Children Act alongside Kalshi CEO Tarek Mansour. While promoting the legislation as a way to protect children, accusations have surfaced that the bill could allow prediction markets to expand further into sports and gaming.
Australian multinational investment banking and financial services group Macquarie is optimistic about the prediction markets sector, expecting it to reach a $1.5 trillion trading volume by the end of the decade.