Prediction Market Surge Fuels New VC Fund
A new venture capital firm, 5c(c) Capital, focused on prediction markets launches with backing from @Polymarket and @Kalshi CEOs, aiming to raise $35M for early-stage investments. #Update #Crypto $USDC
A new venture capital firm, 5c(c) Capital, focused on prediction markets launches with backing from @Polymarket and @Kalshi CEOs, aiming to raise $35M for early-stage investments. #Update #Crypto $USDC
Prediction markets like @Polymarket face risks of manipulation as single traders can influence outcomes, undermining credibility and trust. Platforms must exclude contracts easily forced by individuals to maintain integrity. #Update #Crypto
Polymarket’s “Netanyahu out by March 31” contract remains at 4-5% probability amid death rumors, signaling skepticism in the conspiracy; trading volume surged to $2.4B as geopolitical bets rise. #Update #Crypto $ETH
CFTC Chairman Mike Selig outlines plans for regulatory clarity on DeFi and prediction markets, asserting the agency’s authority amid state legal challenges. #Update #Crypto $BTC $ETH
@Kalshi and @Polymarket are in early talks for fundraising rounds, potentially valuing each at $20 billion, doubling their late 2025 valuations; Kalshi has a $1.5 billion revenue run rate. #Update #Crypto
Polymarket has suspended nuclear detonation betting contracts amid concerns of insider trading linked to the Iran conflict, as U.S. regulators consider oversight for prediction markets. #Update #Crypto
@Coinbase’s VP Ryan VanGrack challenges state regulators over prediction markets, claiming they misinterpret federal authority. Coinbase has filed lawsuits in multiple states amid cease-and-desist actions. #Update #Legal $BTC
@Kalshi penalized two users for insider trading, including MrBeast’s editor, Artem Kaptur, who was fined over $20K. Another user, Kyle Langford, received a 5-year ban for betting on his own candidacy. #Update #Legal
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
Prediction markets are evolving from gambling to information monetization, with founders highlighting insider trading risks and the need for stronger governance amid rising trading volumes. #Update #Crypto
@JumpTrading plans to acquire small stakes in prediction markets Kalshi and Polymarket, providing liquidity in exchange for equity, as reported by Bloomberg. #Update #Crypto
@Opinion raised $20 million in a pre-Series A round, highlighting ongoing interest in prediction markets amid a weak crypto market, with plans to expand globally ahead of major events. #Update #Crypto $USDT
Bitcoin trades below $80,000 after a liquidation of over $500 million in long positions; options markets show increased demand for downside protection. #Update #Crypto $BTC
Coinbase’s report highlights three key areas for the crypto market in 2026: perpetual futures driving price discovery, evolving prediction markets, and stablecoins enhancing real-world transactions. #Update #Crypto $BTC $ETH