NBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal
The US professional basketball league is expanding into prediction markets with official data agreements and safeguards against insider trading.…
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.…
Kalshi strikes deal with S&P Dow Jones Indices to expand financial event contracts
The agreement adds S&P Dow Jones gauges to a growing list of Wall Street firms expanding their involvement in prediction markets. Source:Cointelegraph
HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein
Bernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, while maintaining their HOOD price target unchanged at $160. Source:Cointelegraph
Robinhood sees surge in Bitcoin, Gold prediction markets as traders move beyond sports
The company's head of futures and prediction markets said bitcoin, gold and oil contracts are among its fastestgrowing prediction markets. Source:CoinDesk
Underdog taps zerohash to bring crypto deposits to prediction markets
The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock. Source:Cointelegraph
Polymarket traders see a 10% chance the AI bubble bursts before New Year’s Day
For investors worried that the runaway artificialintelligence trade might be about to hit the skids, prediction markets are already starting to reflect that…
Kalshi CEO says state-led oversight of U.S. prediction markets would push them out
CEO Tarek Mansour said he feels "pretty good" about the pending outcome of the current legal fight over who has the right to regulate prediction markets.…
CFTC proposals aimed at separating prediction markets from casino gambling
The two measures attempt to set the stage for a potential US Supreme Court battle over federal and state jurisdiction. Source:Cointelegraph
Why you need to take a closer look at your favorite stock index
Also in Weekend Reads: A positive case for the bond market, how prediction markets can pull you in, and a warning to those who benefit from GLP1s.…
Blockchain.com pursues CFTC approval for prediction markets: CNBC
The crypto company has reportedly applied for two licenses with the US commodities regulatory as the courts weigh prediction markets cases. Source:Cointelegraph
NFL backs New Jersey authorities in SCOTUS petition over Kalshi
According to the league, Kalshi and other prediction markets “threaten game integrity” because many event contracts are “highly susceptible to manipulation.”…