Kalshi released a new online hub dedicated to the midterm elections on Wednesday, highlighting probabilities from its prediction markets, fundraising data, and historical election data. The “Midterms Hub” includes information and markets related to races for the Senate, the House, and governors across the country. Traders can directly engage with…
Bernstein analysts believe that Robinhood's prediction markets are going to become more lucrative than cryptocurrency trading, according to a recent note to clients. The financial services firm raised its price target for the company’s stock from $130 to $160 while maintaining its “Outperform” rating. A group led by analyst Gautam…
Underdog Sports announced the launch of its Commodity Futures Trading Commission (CFTC)-approved exchange for its prediction markets over the weekend. A Saturday release shared that the daily fantasy sports and prediction platform had secured federal approval, allowing it to manage its prediction markets completely internally. This eliminates third-party exchanges such…
Prediction markets could soon become a much bigger part of the Hyperliquid ecosystem, but getting in won't be cheap. The crypto trading platform has announced plans to enable third-party developers to launch prediction markets on HyperCore, its on-chain trading engine, via a future network upgrade. There's one catch that immediately…
The 2026 FIFA World Cup wasn't just a massive win for soccer. It also became the biggest customer acquisition event in Kalshi's history and many other prediction markets capitalized on the trend. The prediction market platform announced that it added approximately 3 million new users during the tournament, highlighting how…
Prediction markets continue to attract major investment, and a new competitor is looking to track down the industry giants like Kalshi and Polymarket. Pascal, a startup focused on blockchain based prediction markets, announced it has secured $9 million in Series A funding as it prepares to compete with other prediction…