Bitcoin Bettors Drive Platforms’ Record $2.7B Week
@Kalshi and @Polymarket hit a record $2.7B in weekly crypto contract volume, driven largely by short-term $BTC bets. #Update #PredictionMarkets
Polymarket
Pentagon bans military insider trading after scandal
The Department of Defense barred personnel from using nonpublic information to trade on @Polymarket, @Kalshi or other platforms, warning that bets could expose military operations. #Update #Legal
Missouri Issues Cease-and-Desist Orders to Polymarket, Kalshi
Missouri ordered @Polymarket and @Kalshi to stop offering sports event markets in the state within 30 days, saying the contracts bypass sports betting rules and taxes. #Update #Legal
Bitcoin’s $80K Support Erodes Warns Glassnode
Bitcoin’s price dipped to $79,800 on Oct. 15, triggering large $80,000 bids on Binance. Polymarket gives BTC a 53.5% chance of closing above $82,000 on Oct. 16. #Update #Crypto $BTC
Polymarket Expands Esports with Organic Promos
Polymarket pays social media users to quote-retweet esports posts without disclosure tags since August, with payouts reaching nearly $900 monthly per participant. #Update #Esports
Polymarket Whales Bet $500K on Seahawks
At 22:34 UTC on Oct. 13, @BreakTheBank and surfandturf traded $500K in Broncos-Seahawks shares on Polymarket; BreakTheBank leads with $7.04M all-time profits. #Update #Crypto
Polymarket Whale Loses $147K Eagles Bet
A @Polymarket account lost $147K on Eagles shares after a last-second Jaguars win, but gained $348K on other NFL bets. #Update #Crypto
Polymarket Predicts 62% Democrat Sweep
Polymarket gives Democrats 62% odds of sweeping Congress; CLARITY Act’s future uncertain amid regulatory shake-up. Bitcoin trades at $82,816. #Update #Crypto $BTC
Polymarket Misses $32M Peace Prize Prediction
Navi Pillay won the 2026 Nobel Peace Prize, unpredicted by @Polymarket or Kalshi. Polymarket traders invested $32.3M but missed the winner; Yulia Navalnaya saw brief price spikes. #Update #Crypto
Supreme Court Push: NFL Joins 39 States
Ohio, 38 states, and D.C. back New Jersey’s Supreme Court petition against Kalshi; NFL criticizes CFTC for ignoring age limit and bet manipulation concerns. #Update #Legal
Bitcoin Drops 4% Nears One Month Low
@NFL challenges CFTC’s oversight of prediction markets, arguing it undermines state regulations and integrity of games. Ex-CFTC head Gary Gensler supports this stance. #Update #Legal $BTC
Polymarket Rebuilds Betting Engine Pre-Nov 2
Polymarket is testing Protocol V2 canary markets until Oct. 30, with a Nov. 2 switchover planned, aiming to streamline prediction markets with ERC-1155 contracts and pUSD collateral. #Update #Crypto
Polymarket Challenges Dutch Ban in Court
Polymarket challenges Dutch ban, arguing its event contracts are derivatives, not bets. Netherlands Gambling Authority seeks €420K penalty for late user blocking. #Breaking #Legal
Bitcoin Surges to $85K Eyeing $100K
Bitcoin is at $85K with Polymarket giving a 39% chance of hitting $100K by 2027; ChatGPT predicts $94K by year-end. #Update #Crypto $BTC