Competition
Polymarket Five-Minute Bets Capture ‘Addictive’ Crypto Craze
Ultra-short-term crypto prediction markets are booming as five-minute bets surge in volume, concentrating profits among algorithmic traders and raising new speed and fairness concerns.
Women Wanted: Kalshi Pushes to Expand Far Beyond Sport Bets
Prediction market platform Kalshi is pushing beyond male-dominated sports betting to court women with pop culture and politics wagers, aiming to broaden growth and reduce legal vulnerability.
Prediction Markets Picked Texas Democratic Primary Winner But Missed on GOP Race
Texas’s Senate primaries underscore how liquid prediction markets can sometimes outpace traditional polls in gauging election outcomes, yet still misfire in complex, high-profile races.
Prediction Market Boom Finds a New Challenger With Asia Roots
Asia-focused prediction market Opinion, backed by Binance-linked capital and turbocharged by token-style rewards, has seen its explosive early trading volumes fade as incentive-driven activity wanes.
Robinhood, Susquehanna Escalate Prediction-Market Arms Race
Robinhood Markets Inc. and Susquehanna International Group are taking over a regulated exchange that was tied to the now-defunct crypto business FTX, giving them a powerful new foothold in the fast-growing world of prediction markets. The two firms are buying a majority stake in LedgerX, a US-based
Bernstein Sees Prediction Markets Propelling Robinhood, Coinbase
Prediction markets just got a fresh sell-side stamp of legitimacy. In a new report, Bernstein calls them a viable asset class — arguing that what once looked like novelty bets are now being built into the foundations of mainstream finance, backed by real capital, real users and regulatory approval. The
Coinbase CEO Stunt Exposes Prediction Market Vulnerability
When Coinbase Global Inc.’s quarterly earnings call wrapped up Thursday, its chief executive, Brian Armstrong, didn’t finish with profit guidance or statements of confidence. He closed it out with a list: “Bitcoin, Ethereum, blockchain, staking and Web3.” Those weren’t random buzzwords. They were part of an $84,
