Kentucky sues Kalshi, Polymarket, joining prediction market legal battle

Cathie Wood’s Ark Invest has purchased $18.4 million worth of Coinbase shares across three ETFs, even as the crypto exchange’s stock has fallen nearly 13% over the past month. According to Ark Invest’s Wednesday trading disclosure, the investment firm acquired…

Kentucky sues Kalshi, Polymarket, Coinbase, Robinhood and Webull over sports event contracts as prediction market cases grow nationwide.

The surge in Polymarket's geopolitics category highlights the urgent need for regulatory clarity and robust measures to ensure market integrity. The post Polymarket’s geopolitics category surges past $5 billion as insider trading fears mount appeared first on Crypto Briefing.

World Cup prediction volume topped ~$2B and daily turnover hit $4.8B, while Polymarket inked OneFootball distribution. A new CFTC review plan could reshape U.S. sports contracts.

Ark Invest's strategic shift highlights a preference for undervalued crypto assets, signaling potential market confidence in Coinbase's future growth. The post Ark Invest buys $18M in Coinbase shares while dumping $29M in Robinhood appeared first on Crypto Briefing.

The surge in geopolitical betting highlights prediction markets' potential but raises regulatory risks, possibly prompting stricter oversight. The post Polymarket’s geopolitics category surges amid Iran war policy bets and insider trading allegations appeared first on Crypto Briefing.

Kalshi has fueled a billion-dollar dispute over sports betting regulation as trading activity on its platforms continues to surge. According to a report from Semafor, a coalition that includes the Indian Gaming Association, the American Gaming Association, and labor organizations…

Kalshi traders are pricing bearish Bitcoin odds, with one market showing BTC more likely to hit $50,000 before $100,000.