Tag: Markets

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Washington sues Kalshi as states ramp up legal pressure against prediction markets

The state of Washington has become the latest to sue a prediction markets provider, after alleging Friday that Kalshi had violated state gambling laws...

Bill Proposes To Stop Government Officials Betting on Prediction Markets

US lawmakers have introduced a second bill this week aimed at curbing prediction market insider trading by government officials, amid growing concerns over such...

SBF Pardon Chances Continue Drop on Betting Markets

The chances of former FTX CEO Sam Bankman-Fried getting a pardon didn’t seem great this year, and a recent downtick on prediction markets shows...

Detroit Set to Enter Michigan‘s Battle against Coinbase Prediction Markets

Lawyers representing the US city of Detroit plan to file an amicus brief in Coinbase's lawsuit against Michigan, which argues that federal regulators should...

Markets On Edge: $16.4B In Bitcoin And Ethereum Options Expire Set To Today

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin and Ethereum prices are struggling with bearish performance as the broader...

VIX Jumps to 27 as $1 Trillion Leaves US Stock Markets on Iran Oil Shock – Markets and Prices Bitcoin News

Wall Street Loses $1 Trillion in Single Session The Dow Jones Industrial Average fell 1.01% to close at 45,960.11. The S&P 500 dropped 1.74%...

Bitcoin Drops Under $70K, Stuck Mid-Range With Fading Strength – Markets and Prices Bitcoin News

Bitcoin Chart Outlook The daily timeframe on Thursday continues to reflect a broad consolidation range, with price holding within the wider $62,500 to...

Altcoins lead losses as bitcoin slips and derivatives signal bearish turn: Crypto Markets Today

The crypto market is reeling from an overnight selloff, with bitcoin BTC$69,553.91 trading lower at $69,400 having lost 2.6% since midnight UTC and ether...

US Congressman Moves to Ban Staff From Trading on Prediction Markets

In brief Massachusetts Democrat Seth Moulton has banned all congressional office staff from trading on prediction markets like Polymarket and Kalshi. The move comes as bipartisan...

Proposed Bill Seeks to Ban President, Congress from Prediction Markets

US lawmakers have introduced a bill aiming to ban members of the US Congress, the president and other high-ranking government officials from wagering on...

Bitcoin tests $72,000 again as rising leverage hints at volatility ahead: Crypto Markets Today

Bitcoin BTC$70,805.84 rose 1.2% after midnight UTC, mirroring gains in U.S. equities, with Nasdaq 100 futures up by 1% over the same period.The advances...