Everything you need to know about Mercados de predicción. Read our latest news and technical analysis to understand its market impact.
Phantom has enabled Kalshi prediction markets in the United States using the CASH stablecoin for settlement, while implementing restrictions in three states due to ongoing litigation.
New Jersey has filed a petition for a writ of certiorari with the U.S. Supreme Court to establish regulatory authority over prediction markets, specifically concerning sports event contracts offered by platforms like Kalshi. This action aims to resolve jurisdictional conflicts arising from contradictory appellate court rulings.
President Donald Trump is expected to attend a White House meeting with executives from the cryptocurrency, prediction markets, and artificial intelligence sectors, signaling increased governmental dialogue with these emerging industries.
The Commodity Futures Trading Commission (CFTC) has issued a new warning to prediction markets, highlighting a trend of firms using standardized or 'cookie-cutter' self-certification processes for their event contracts. This action underscores growing regulatory concern over the adequacy of internal oversight in the non-traditional derivatives sector.
Bernstein has increased its price target for Robinhood shares to $160, basing this revision on the revenue potential of prediction markets, the 'Rothera' initiative, and the 'Robinhood Chain'. The analysis firm projects that revenue generation from prediction markets will surpass that derived from cryptocurrency operations.
Kalshi, a CFTC-regulated prediction market platform, has completed a $1 billion Series F funding round, bringing its valuation to $22 billion. This milestone follows an 800% surge in institutional trading volume and an annualized activity of $178 billion, despite ongoing regulatory scrutiny in the sector.
