Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.
Kalshi
Polymarket Odds Say Columbia University President Will Keep Job
Continuing pro-Palestine protests won’t lead to Minouche Shafik having a fate similar to Claudine Gay, who was recently forced to resign as Harvard’s president, the prediction market signals. Plus: Kalshi bettors don’t think Taylor Swift will break her record.
Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections
Prediction market Kalshi is suing the U.S. Commodity Futures Trading Commission (CFTC) for denying its effort to list derivatives for betting on the outcome of political events – specifically which party will control each chamber of the U.S. Congress after an election.
Americans (Seemingly) Aren’t Allowed to Put This Economic Theory to the Test
(Jen Theodore/Unsplash, modified by CoinDesk)
CFTC Kicks Off Review of Kalshi’s Congressional Control Prediction Markets
The U.S. Commodity Futures Trading Commission began a formal review and public comment period to evaluate prediction market Kalshi’s proposed contracts to bet on who will control Congress.