XRP Price At $25,000? The ‘Divine’ Prediction That Is Setting The Community On Fire
[ad_1] A video circulating on X this week has led one of the most persistent debates in the XRP community: just how high can the cryptocurrency’s price go? The clip, shared by pseudonymous account XRP Bags, features a woman describing what she calls a divine vision in which the altcoin appeared on her personal trading […]
Prediction Market ETFs Arrive, Bringing Election Bets to Retirement Accounts
[ad_1] Key Takeaways ▸ Roundhill’s election ETFs package prediction market odds into a familiar, investable format (potentially even retirement accounts). ▸ These funds track all-or-nothing event contracts, reflecting prediction market binary risk. ▸ Election probabilities are moving from niche trading tools to portfolio assets, raising both access and regulatory stakes. Prediction markets are about to […]
CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets
[ad_1] The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these products. In a complaint lodged in the US District Court for the Southern District of […]
Can The XRP Price Reach $3 In 2026? Prediction Websites Show The Possibilities
[ad_1] Following the drawdown from 2025, the XRP price has dropped by more than 50% from its cycle peak to struggle below $1.5. With the recent recovery, there has been some improvement in the price action, but the sustainability of the rally remains to be seen. As the sideways action continues, the question now remains […]
Kalshi Suspensions Include State Senator Sponsoring a Prediction Markets Ban
[ad_1] Key Takeaways ▸ Kalshi suspended three political candidates for trading on their own elections, framing the activity as insider trading under its CFTC-approved rules. ▸ One of those candidates, Minnesota State Sen. Matt Klein, is also sponsoring legislation to ban prediction markets, adding a layer of political tension to the enforcement action. ▸ The […]
Why State Regulation Breaks the Prediction Market Exchange Model
[ad_1] Key Takeaways ▸ Core features like shared liquidity, market makers, and order books are restricted or outright prohibited under state gambling regulations. ▸ GGR-based taxes and fragmented licensing create costs that exceed exchange-level margins. ▸ Operators are moving toward CFTC-regulated models where exchange infrastructure can actually function, out of necessity. The courts are split […]
Kentucky Leads New State Push to Tax Prediction Markets, Testing Limits of State Authority
[ad_1] Key Takeaways ▸ Kentucky became the first state to explicitly tax prediction market platforms (14.25% on transaction fees), with Iowa (20%) and Illinois (50%) proposing similar measures, all focused on revenue capture rather than prohibition. ▸ The federal agency that oversees trading markets (the CFTC) sued three states, arguing that prediction markets are a […]
14 Prediction Market Bills and Counting Reveal Deep Divisions, Long Odds
[ad_1] A complete tracker of all 14 prediction market bills introduced in Congress so far in 2026, what each would do, and why passage remains unlikely. More than 40 members of Congress on Monday urged federal regulators to address potential insider trading in prediction markets, warning that the platforms could allow government officials to profit […]
Lawmaker Bars Staff From Prediction Markets as New Bills Target Insider Trading
[ad_1] Rep. Moulton is first member of Congress to impose office-level prediction market restrictions, while the PREDICT Act becomes the latest bill targeting insider trading by government officials and their families. A member of Congress has moved to restrict prediction market activity within his own office, marking a first-of-its-kind step as lawmakers increasingly scrutinize the […]
Kalshi Rockets From $2B to $22B Valuation in 9 Months Amid Prediction Market Boom
[ad_1] Kalshi has reportedly raised more than $1 billion at a $22 billion valuation in a round led by led by Coatue Management as record trading volumes, institutional demand, and sports markets fuel rapid growth. Kalshi’s valuation has surged from $2 billion to $22 billion in just nine months, highlighting how quickly valuations in the […]