@Kalshi and @Polymarket face backlash over trading linked to Iran airstrikes and the reported death of Supreme Leader Ali Khamenei, with allegations of insider trading generating $1.2M in bets #Update #Legal
@Nasdaq has filed a proposed rule change with the SEC to list “Outcome-Related Options” (OROs), competing with prediction markets like Polymarket and Kalshi. If approved, OROs would trade between $0.01 and $1.00 #Update #Legal
Six Polymarket accounts reportedly earned $1.2 million betting on U.S. strikes against Iran, with significant trades made just before the attacks; regulators are investigating potential insider trading. #Update #Crypto $BTC
U.S. Commodity Futures Trading Commission Chairman Mike Selig asserts federal jurisdiction over prediction markets, challenging state regulations; Utah Governor Spencer Cox counters, labeling them as gambling. #Update #Legal $CFTC
@Bitcoinnist and @NewsBTC employee Godspower Owie shares insights on the resilience of Bitcoin, emphasizing its complexity beyond a single economic cycle. #Update #Crypto #Bitcoin
@JumpTrading plans to acquire small stakes in prediction markets Kalshi and Polymarket, providing liquidity in exchange for equity, as reported by Bloomberg. #Update #Crypto
@Polymarket has filed a federal lawsuit against Massachusetts, challenging the state’s authority over event contracts and seeking to prevent enforcement of state gambling laws. #Breaking #Legal $BTC (-8) ↘
U.S. government set to partially shut down at midnight as House is out of session, despite Senate passing funding package. Impact expected to be minimal for residents. #Update $USDC
@Polymarket has launched contracts for $BTC and $ETH volatility indices, enabling users to bet on market swings. Early trading indicates a 35% chance of $BTC’s volatility doubling this year. #Update #Crypto $BTC $ETH
Ukraine has banned @Polymarket due to its unlicensed status under local law, particularly concerning war-related bets totaling over $270 million; other prediction markets may face scrutiny. #Update #Legal
Crypto analyst TARA predicts $BTC will rally to $99,300 despite bearish signals, with potential retracement to maintain support at $90,000. Current price around $95,300. #Update #Crypto $BTC
@Polymarket and @Parcl have partnered to launch real estate prediction markets, leveraging Parcl’s housing indices for transparent trading on future home prices. Expect scalable growth in this sector. #Update #Crypto
US Rep. Ritchie Torres to propose the Public Integrity in Financial Prediction Markets Act, targeting insider trading on platforms like Polymarket after a $400K profit from Maduro’s capture. #Breaking #Legal
Prediction markets are emerging as a new asset class with monthly volumes around $10 billion, driven by platforms like @Robinhood and Polymarket, despite regulatory risks. #Update #Crypto $BTC
