Kalshi raises $1B at $22B valuation amid institutional demand surge
Kalshi, a major prediction market platform, secured fresh funding at a $22 billion valuation as institutional interest in the sector accelerates.
Investing.com · +3 outlets
Prediction markets hit $3.9-5.6B in World Cup volume as platforms clash with regulators
World Cup betting drove prediction market trading to record levels, but regulatory challenges mount across multiple US states and the EU.
Tech Times · +3 outlets
Kalshi June trading volume surges to $9.4-31B as World Cup fuels demand
Kalshi reported record monthly trading volumes driven by World Cup markets, signaling explosive growth in the prediction market sector.
grafa.com · +4 outlets
EU may ban prediction markets like Kalshi and Polymarket under binary options rules
European regulators warn that platforms offering prediction contracts could face restrictions under existing financial regulations designed to block binary opti
trendingtopics.eu · +14 outlets
Congress staffers signal possible prediction market limits, Michigan regulator exits NCPG over Kalshi
Congressional staff expect new safeguards on prediction markets while state regulators cite concerns about the sector's legitimacy.
Crypto Briefing · +3 outlets
England World Cup win, Norway upset odds, Brazil-Paraguay clash drive prediction market action
Ongoing World Cup matches generate sustained trading activity and volatility across prediction market platforms and fan token markets.
Crypto Briefing · +3 outlets
Minnesota begins first state-level prediction market ban effective August 1
Minnesota enacted the nation's first state prohibition on prediction markets, setting potential precedent for other states.
Star Tribune · +14 outlets
CFTC sues Kentucky in first case against Republican AG over prediction markets
Federal regulators escalated enforcement action by suing a Republican state attorney general over prediction market operations.
qz.com · +12 outlets
FIFA lifts Folarin Balogun suspension, crypto markets and fan tokens surge
FIFA's decision to clear Belgian player Balogun triggered waves of activity in prediction markets and World Cup-related crypto assets.
Crypto Briefing · +2 outlets
Polymarket trader loses $11M on World Cup bets in 10 days
A single trader on Polymarket suffered massive losses on World Cup predictions, underscoring the high-risk nature of prediction market speculation.
BeInCrypto · +1 outlets
MSN investigation: Some Polymarket traders experienced phantom gains from fake bots
Report alleges coordinated manipulation schemes created false wealth illusions on prediction platforms.
MSN
Prediction markets see $571M in US political bets despite official ban
Americans continue large-scale political wagering on Polymarket despite regulatory prohibitions.
Bitget · +5 outlets
Coinbase AI alert posts fake World Cup result, raising prediction market concerns
Coinbase's automated alert system incorrectly posted a false World Cup outcome, highlighting risks in AI-driven market infrastructure.
The Cryptonomist · +4 outlets
North Carolina budget may authorize prediction market betting
State legislators signal openness to legalizing prediction markets, contrasting with bans enacted elsewhere.
WRAL · +11 outlets
Experts warn prediction market users are likely to lose money
Media analysis and expert commentary emphasize the poor expected returns and high failure rates for prediction market traders.
CBC · +14 outlets
Utah opinion says prediction markets violate state gambling laws
Legal experts in Utah argue that prediction markets operate as illegal sports gambling despite regulatory claims.
Deseret News · +14 outlets
Coinbase chief policy officer says prediction markets are maturing amid CFTC rule efforts
Industry executives signal confidence in regulatory resolution while federal agencies develop rules.
Stocktwits · +5 outlets
France leads 2026 World Cup odds at 35% across prediction markets
Aggregated prediction market odds show France as tournament favorite based on trading patterns.
KuCoin · +14 outlets