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A federal judge in Wisconsin has found that the Ho-Chunk Nation is likely to succeed in blocking Kalshi from offering sports event contracts on tribal land under the Indian Gaming Regulatory Act (IGRA), in what appears to be the first ruling of its kind against the prediction-market operator. First Federal Court Sides With Tribes in […]
Read full articleThe global community of speculators and digital currency enthusiasts is currently pouring millions of dollars into prediction markets to determine if and when bitcoin will clinch the elusive $150,000 price point. As of May 12, 2026, the prediction platform Polymarket has recorded a staggering $18,360,481 in total trading volume for its primary $150,000 target market. […]
The post MoonPay Acquires Dawn Labs and Launches Dawn CLI AI Tool for $22 Billion Prediction Markets Push appeared on BitcoinEthereumNews.com. CROSS News Payments firm MoonPay has acquired AI startup Dawn Labs for an undisclosed sum and immediately rolled out Dawn CLI, an AI-driven trading tool aimed at users of prediction market platforms such as Polymarket and Kalshi. The new product is designed to translate plain-English instructions into custom trading strategies, automating workflows that active traders currently stitch together from social media signals and cross-platform positions. Dawn Labs founder Neeraj Prasad framed the launch as a push to democratize sophisticated event-contract trading. MoonPay said prediction markets have become one of the fastest-growing retail categories, and Dawn CLI is positioned to simplify execution across what remains a fragmented venue landscape. Bank of England Governor Andrew Bailey signaled what he called a coming wrestle with Washington over g
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months.…
The late-stage startup told Bloomberg that its annualized revenue now exceeds $1.5B.
Kalshi's co-founder said the new capital will be used to accelerate that institutional adoption.
Kalshi has another billion dollars to play with as the U.S. prediction market leader continues to grow at a rapid pace.
Kalshi and Polymarket may have a wild road ahead as states wage war on sports markets and the public reckons with insider bets.
The CFTC filed suit against Wisconsin to establish its exclusive regulatory authority over prediction markets, a sector closely tied to crypto and blockchain-based derivatives.
