Outpoll: A New Paradigm in Prediction Markets

Bitcoin just had its worst day since April. The death cross is in effect, and prediction markets are bearish.

Can you still bet on sports anonymously in 2026? Explore how no-KYC sportsbooks work, what risks exist, and which crypto betting platforms offer the best balance of privacy, payouts, and trust.

The post Prediction Markets Hit Record $28.4 Billion in Monthly Volume in May appeared on BitcoinEthereumNews.com. Prediction markets reached a new monthly volume record of $28.4 billion in May according to data from Artemis. This number tops the previous high of $27.1 billion set in January this year and marks four consecutive months with higher volumes.  The streak itself says more than the headline number does. January’s spike fed off election-cycle leftovers and new year positioning. May, on the other hand, did not really have any equivalent catalyst and still beat it. This seems to suggest that activity on prediction market platforms are shifting from sudden spikes based on events toward a steady floor. The idea of these markets being a venue for occasional curiosity is gradually moving to an always-on space.   Kalshi recorded $17.3 billion in volume last month. This is a monthly record in itself for the platform and a 29% increase in volume over the previous month. What’s more no

Wintermute says it will provide “two-sided markets across event contracts on leading venues,” but did not specify what platforms it was trading on.

The post DOJ charges Google engineer in Polymarket insider trading case appeared on BitcoinEthereumNews.com. The DOJ charges Google engineer Michele Spagnuolo in a case that puts prediction markets at the center of a corporate-information scandal. Federal prosecutors say the Google software engineer, known as “AlphaRaccoon” on Polymarket, used confidential company data to place bets and turned that access into more than $1.2 million in alleged profits. At the heart of the case is a simple but explosive claim: prosecutors allege nonpublic Google information was used not to trade stocks, but to wager on event-driven markets. As a result, the case has an unusual edge, tying alleged misuse of insider-style information to the fast-growing world of prediction markets. The U.S. Department of Justice has charged Spagnuolo with commodities fraud, wire fraud, and money laundering. According to the DOJ, the allegations cover a period from October to December 2025, during which he wagered approxim

The post How a disputed $1 billion claim became a powerful weapon against prediction markets appeared on BitcoinEthereumNews.com. On the American Gaming Association’s website, a counter has been climbing for months, tallying what the casino-and-sportsbook lobby says states and tribes have lost to prediction markets. On Thursday, it rolled past $1 billion, and the AGA moved fast to make a headline out of it, with President Bill Miller going on CNBC to warn that states and tribes were losing money that would otherwise fund community programs. Platforms like Kalshi and Polymarket let people trade contracts on real-world outcomes, and a fast-growing share of that activity amounts to sports betting by another route, with users buying yes-or-no positions priced like odds on questions such as who wins Sunday’s game. Because the Commodity Futures Trading Commission (CFTC) regulates them at the federal level, these platforms have been able to operate in all fifty states, including the ones wher

The post Kalshi’s Perps Pivot: Prediction Markets Go Derivatives appeared on BitcoinEthereumNews.com. US traders who wanted crypto perpetuals typically went offshore, accepting counterparty, legal and access risks. That calculus just changed. With new regulatory actions clearing a path for onshore perps and a major venue pivoting into derivatives, investors now face a practical decision: does a regulated prediction-market exchange offering perpetuals provide safer, comparable, and cost-effective exposure? This guide breaks down what changed, how perpetuals differ from event contracts, and what to check before you allocate risk. Aspect What to Know Regulatory milestone The CFTC approved Kalshi’s BTCPERP perpetual futures contract on May 29, 2026, creating a regulated onshore path for crypto perps. Market size signal Perpetuals processed roughly $85.3T in 2025, underscoring why onshore venues are entering the space. Institutional interest Large market-

The post Hyperliquid Eyes Wall Street Scale as HYPE Grows appeared on BitcoinEthereumNews.com. Hyperliquid posts $964,767 in 24h revenue as Grayscale sees its move beyond crypto into 24/7 blockchain markets. Hyperliquid is being described by Grayscale as more than a crypto derivatives venue. The platform has expanded from perpetual futures into tokenized stocks, commodities, prediction markets, and other assets. Its latest 24-hour revenue reached $964,767, but that amount did not fully cover HYPE rewards, which left mild inflation for the day. Grayscale Frames Hyperliquid As Blockchain Market Infrastructure Grayscale has described Hyperliquid as a blockchain-based financial infrastructure platform, not only a crypto exchange. The view places Hyperliquid in a wider market group, alongside venues such as Nasdaq, CME, and Kalshi. The report said Hyperliquid could support “24/7 markets on blockchain” if development continues and regulatory issues are managed. This view reflects the platfor