CFTC Delays Kalshi’s SCOTUS Rule Rewrite
Kalshi’s opposition brief to New Jersey’s cert petition is due in 30 days, amid expected CFTC rule updates on Rule 40.11. #Update #Legal
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Kalshi Divorce Market Surges 300 Percent
Kalshi’s institutional trading volume surged 800% in six months, reaching $178 billion annually, driven by user interest in personal prediction markets like divorce probabilities. #Update #Finance
Senate Showdown: CLARITY Act Odds Unclear
Kalshi predicts a 91% chance of a Senate vote on the CLARITY Act before October 1, while Polymarket sees only a 13% probability of its passage by 2026. #Update #Crypto
Kalshi Bans Santos Sparks Legal Clash
Kalshi permanently banned George Santos, imposing a $71,356 penalty for rule violations. The CFTC acknowledged his cooperation in their investigation. #Breaking #Legal
Fedwatch Signals 57% September Rate Hike
CME’s Fedwatch Tool shows a 57% chance of a rate hike on Sept. 16, up from 39.9% on Aug. 21; Polymarket and Kalshi predict a Fed hold at 52%. #Update #Finance
Kalshi IPO Launches Prediction Markets Mainstream
Kalshi discusses IPO with banks, emphasizing platform integration amid $2B revenue surge from sports contracts. Prediction markets gain Wall Street’s interest. #Update #Finance
Polymarket Kalshi Sued Over Betting Claims
Kentucky Attorney General Russell Coleman sues @Polymarket and Kalshi, alleging unlicensed sports betting via prediction markets, challenging federal oversight. #Breaking #Legal
CFTC Approves Kalshi as Volume Hits $3B
CME CEO Terrence Duffy plans to sue the CFTC over its approval of crypto perpetual futures, while Kalshi’s new derivatives clear $3B in beta volume. #Update #Legal
CME Plans Lawsuit Against CFTC After Approval
CME Group CEO @TerrenceDuffy announced plans to sue the U.S. Commodity Futures Trading Commission over its approval of perpetual futures products, claiming they violate the Dodd-Frank Act. #Breaking #Legal $BTC
Kentucky Targets Prediction Markets Amid Trump Clash
@Polymarket defends against CFTC’s regulatory claims on prediction markets, supported by Trump, as the agency counters lawsuits from eight states including New Mexico. #Update #Legal $USDT
World Cup Markets Surge to $3B
Polymarket logs $2.54B in World Cup bets with France at 18% odds; Kalshi shows France at 19.2%, Portugal third at 11%. #Update #Crypto
Kalshi Futures Surges to $5.5B Milestone
Kalshi’s perpetual futures hit $5.5 billion in two weeks post-CFTC approval, expanding regulated crypto derivatives in the US. #Update #Crypto
Kalshi Bypasses Nevada Ban $120K Daily
The Nevada Gaming Control Board seeks $120,000 daily fines against @Kalshi for violating a geofencing order, allowing Nevada users to buy banned contracts. #Breaking #Legal
Bitcoin Traders Bet $16.4M on Dip
Polymarket and Kalshi traders predict low odds for $BTC hitting $100K by 2026, with a strong bearish sentiment below $50K. #Update #Crypto $BTC