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#prediction-markets
239 stories
Polymarket Initiates U.S. Marketing Campaign Post-Ban
Polymarket embarks on a marketing strategy to restore its reputation in the U.S. after a four-year ban, according to a report by CoinDesk. The platform aims to attract users and regulators by leveraging influencer marketing and partnerships with major sports organizations and news outlets.
yesterday·CoinDesk·Reported by Olivier Acuna
Bitcoin Reaches Highest Price in Weeks Amid Bernstein's $150K Target
Bitcoin climbed to $63,836, its highest price in weeks, while analysts at Bernstein reaffirmed a year-end target of $150,000 despite recent price drops. The firm cites potential regulatory clarity and sustained Bitcoin accumulation among major players as supportive factors, according to Decrypt.
3 days ago·Decrypt·Reported by Logan Hitchcock
Coinbase AI Faces Backlash for Incorrect World Cup Result Alert
Coinbase mistakenly sent an AI-generated alert claiming Norway defeated Brazil 3-2 before the match began, drawing user criticism. Following the incident, CEO Brian Armstrong is investigating, and Coinbase stated it is making updates to avoid similar inaccuracies in the future, according to CoinDesk.
3 days ago·CoinDesk·Reported by Francisco Rodrigues
U.S. Wallets Gamble $571 Million on Polymarket Despite Regulatory Ban
According to CoinDesk, U.S.-linked wallets traded about $571 million in political contracts on Polymarket over the past year, surpassing any other country despite the platform's ban on serving U.S. users. The data indicates a preference for betting on geopolitical events and foreign conflicts that regulated U.S. venues do not typically offer.
4 days ago·CoinDesk·Reported by Shaurya Malwa
Kalshi Faces Legal Challenges Amid U.S. Prediction Market Regulatory Disputes
Kalshi, a prediction market platform, is navigating multiple legal battles across the United States as it challenges state authorities over its operations. The legal uncertainty has intensified as Kalshi seeks clarification from the U.S. Supreme Court concerning whether its activities constitute gambling or trading derivatives, according to CoinDesk.
4 days ago·CoinDesk·Reported by Jesse Hamilton
EU Warns Retail Investors on Prediction Markets Amid Regulatory Concerns
The European Securities and Markets Authority (ESMA) cautions that some prediction-market contracts may be classified as financial instruments under EU law, potentially violating a ban on binary options. This warning reflects the growing intersection between prediction markets and both traditional finance and crypto markets, as reported by CoinDesk.
5 days ago·CoinDesk·Reported by Francisco Rodrigues
Bitcoin Requires Over $1 Trillion for Next Bull Run, Analysts Suggest
Analysts indicate that Bitcoin's next major price rally could necessitate more than $1 trillion in fresh institutional capital, as highlighted by CoinDesk. The current cycle, fueled by approximately $697 billion, has generated only a 689% gain, a significant drop compared to earlier cycles that saw much higher returns with less investment.
6 days ago·CoinDesk·Reported by Shaurya Malwa
World Launches as Onchain Prediction Market on Solana
The prediction market platform World has launched on Solana, available through Phantom wallet and at world.xyz, according to CoinDesk. Utilizing Chainlink for market data, it allows users to trade contracts linked to various events, including crypto prices and the 2026 FIFA World Cup.
last week·CoinDesk·Reported by Francisco Rodrigues
Bitcoin's June Price Drop Raises Concerns with Bearish Chart Signals
Bitcoin experienced a 20% decline in June, the most significant monthly drop since June 2022, according to CoinDesk. Analysts indicate that the occurrence of a solid red candlestick pattern—known as a 'Marubozu'—on the monthly chart suggests persistent bear sentiment and potential for further losses.
last week·CoinDesk·Reported by Omkar Godbole
Kalshi Sports Markets Banned in Michigan Due to Temporary Restraining Order
A Michigan judge has issued a temporary restraining order barring Kalshi from offering sports betting markets in the state for 14 days. The ruling highlights regulatory tensions over whether prediction markets constitute illegal gambling, as reported by Decrypt.
last week·Decrypt·Reported by Sander Lutz
Galaxy Cuts CLARITY Act Passage Odds to 50% Amid Senate Time Crunch
Galaxy Digital has lowered its odds of the CLARITY Act passing in 2026 to 50%, down from 60% earlier this month, according to Decrypt. This reduction comes as the Senate runs out of time before its August recess, facing competing legislative priorities.
last week·Decrypt·Reported by Decrypt Agent
Kalshi and Polymarket May Face M&A Pressure as Prediction Markets Consolidate
Wall Street broker Bernstein suggests that Kalshi and Polymarket could become targets for mergers and acquisitions due to ongoing consolidation in the prediction market ecosystem. The broker emphasizes that companies integrating consumer distribution with exchange infrastructure are increasing competitive pressure, potentially leading to strategic deals, as reported by CoinDesk.
last week·CoinDesk·Reported by Will Canny
Samson Mow Claims Bitcoin Bottom Is Reached Despite Analysts' Doubts
Samson Mow argues that Bitcoin's price bottom has been established, asserting that the traditional four-year halving cycle is changing, as reported by CoinDesk. However, many analysts disagree, indicating potential for further price declines based on various technical indicators.
2 weeks ago·CoinDesk·Reported by Olivier Acuna
Polymarket Hack Estimated Losses Reach $3.1 Million Amid Ongoing Investigation
Hackers have stolen approximately $3.1 million in Polymarket's PUSD token from 11 wallets, prompting the platform to promise full refunds to affected users, according to CoinDesk. The attack, linked to a compromised third-party vendor, is part of a broader investigation into the platform's marketing practices.
2 weeks ago·CoinDesk·Reported by Olivier Acuna
Binance Founder CZ Links Crypto Market Decline in 2026 to AI and Global Tensions
Binance founder Changpeng "CZ" Zhao attributes the crypto market's downturn in 2026 to various factors, including the rise of artificial intelligence investments and ongoing geopolitical tensions, according to an interview with CoinDesk. He remains optimistic about the long-term growth of the crypto industry despite the current circumstances.
2 weeks ago·CoinDesk·Reported by Nikhilesh De
Senators Question CFTC Over Alleged Deceptive Practices by Polymarket
Senators Adam Schiff and John Curtis demand answers from the CFTC regarding alleged deceptive advertising by Polymarket, as reported by Decrypt. They express concerns over the agency's enforcement of consumer protections and potential illegal gambling operations associated with prediction markets.
2 weeks ago·Decrypt·Reported by Logan Hitchcock
Kalshi Expands Reach with FIFA World Cup Partnership Amid Record Prediction Market Trading
Kalshi has announced a partnership with ADI Predictstreet, enhancing its visibility during the FIFA World Cup as trading volumes across prediction markets surge. Last week, weekly trading volumes reached $14.5 billion, with Kalshi capturing a significant share of sports wagers, according to Decrypt.
2 weeks ago·Decrypt·Reported by André Beganski
Traders Anticipate Further Declines for Bitcoin and Ethereum
Traders predict continued price drops for Bitcoin and Ethereum following significant monthly losses, according to Decrypt. Market analysis suggests Bitcoin may fall to $55,000 and Ethereum to $1,500 before any rebounds occur, influenced by deteriorating market conditions and equity performance from Strategy.
2 weeks ago·Decrypt·Reported by Logan Hitchcock
