Crypto
Bernstein: Prediction markets are vertically integrating, setting up cross-industry M&A
The research flags antitrust and state-vs-federal jurisdiction risk around sports event contracts.
Kalshi
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Start hereWhat is Kalshi and how does it work: Event contracts on a CFTC-regulated exchange
Kalshi is a federally regulated U.S. derivatives exchange where traders buy and sell yes-or-no event contracts that settle at $1 or $0.
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Learn about Kalshi
Kalshi fees explained: trading commissions, maker-taker pricing, and funding costs
Kalshi’s core cost is a per-contract fee that peaks at 1.75¢ at 50¢, plus separate deposit and withdrawal charges that depend on payment method.
Kalshi election markets explained: how prices, liquidity, and settlement create “odds”
Kalshi lists CFTC-regulated election event contracts that trade from $0 to $1 and settle at $1 or $0, so the price can be read as a probability only when the market is liquid and the rules are clear.
Latest Kalshi News
Crypto
Kalshi sues Illinois to block SB 3019 sports-contract licensing ahead of July 1
The case sets up a federal preemption fight over whether event contracts fall under CFTC jurisdiction.
Crypto
Cboe launches Cboe Predicts with S&P 500 “yes/no” close contracts
Interactive Brokers is live first, and Cboe expects Charles Schwab access in the coming months.
Crypto
Meta develops ‘Arena’ prediction-style app with points, leaving real-money option open
The experimental product revives Meta’s shelved Forecast concept as event contracts face CFTC scrutiny.
Crypto
CFTC Chair Selig says 24/7 perpetuals don’t fit agriculture markets
The comments land after May BTC-linked perp approvals and as CME sues the agency under the Commodity Exchange Act.
Crypto
CME Sues CFTC to Overturn Kalshi’s U.S. Bitcoin Perpetual Futures Approval
The exchange argues the product should be treated as a Dodd-Frank swap and says the agency skipped required analysis.
Crypto
Rep. Bryan Steil bill would bar Congress families from policy bets on Kalshi and Polymarket
The Stop Lawmakers from Predicting Act sets a $2,000-or-10% civil penalty and excludes White House officials.
Crypto
Kalshi partners with StarCompliance on institutional prediction-market surveillance
The monitoring layer targets MNPI risk as state restrictions and CFTC litigation reshape event-contract access.
Crypto
CFTC taps Donald Battle as chief data innovation officer amid CLARITY Act debate
Chair Michael Selig highlighted blockchain forensics and AI as Congress weighs a new SEC–CFTC crypto split.
Crypto
Kraken plans U.S.-regulated perpetual futures on Kraken Pro within weeks
Kalshi says its newly launched U.S. perps crossed $1B in volume, offering an early demand signal.
Crypto
Gensler amicus brief challenges CFTC authority over sports-related event contracts
The Sixth Circuit filing undercuts Kalshi and current CFTC leadership pushing federal primacy over state gaming rules.
Crypto
DRW builds a prediction-market desk to arbitrage Polymarket and Kalshi
Polymarket’s 2025 volume was estimated at $22B–$40B, with three sports contracts topping $730M combined.
Crypto
House GOP moves to add lawmaker prediction-market limits to stalled H.R. 7008
Bryan Steil expects House leaders to tee up a summer floor vote pairing the add-on with a congressional stock-trading ban.
Crypto
Bitcoin drops below $67K as $1.25B liquidation wave revives $50K downside talk
BTC printed an intraday low near $66,948 as traders refocused on the $66,250 50-month EMA and deeper downside zones.
Crypto
Spain orders Polymarket and Kalshi blocked during gambling-licensing case
Regulators expect the proceedings to resolve in three to four months, keeping access restricted in the interim.
Crypto
House Oversight Chair Comer seeks Kalshi and Polymarket records on insider-trading controls
Comer alleged 80+ Iran-linked “suspiciously timed” trades and cited a May 13 report on geopolitics and election contracts.
Crypto
Polymarket reportedly targets Japan approval by 2030 as April volume slips
The platform has appointed Mike Eidlin to lead local efforts while Japan remains on its restricted-jurisdiction list.
Crypto
Polymarket launches pre-IPO prediction markets with Nasdaq Private Market data
The new contracts let traders price fundraises, valuation changes, and other private-company milestones.
Crypto
Bubblemaps flags nine-wallet Polymarket cluster with $2.4M profit and 98% win rate
The wallets’ biggest positions were timed just ahead of major US military-related developments, reviving insider-trading scrutiny.
