Activist Group Says Kalshi’s Election Market Should Be Shut Due to ‘Manipulative’ Whales
Better Markets is using Polymarket’s “French connection” as ammo against the prediction market’s regulated competitor.
US Elections
Trump Polymarket Odds Briefly Dip After His No. 2 Bull Adds Bet on Harris
The former president’s probability of retaking the White House slid to 59% Wednesday before rebounding.
Andy Barr’s ‘Vision’ for House Financial Services
Congressman Andy Barr (R-Ky.) is one of the lawmakers running to succeed U.S. House Financial Services Committee Chair Patrick McHenry (R-N.C.) as the head of the Republican wing of the committee, which oversees regulators like the Securities and Exchange Commission and is responsible for shepherding legislation that might affect the U.S. capital markets and banking sectors, among others. He shared some of his thoughts on what his crypto priorities might be during an aside at the Flyover Fintech conference on Monday.
No, Polymarket Whales Aren’t Evidence of Prediction Market Manipulation
If you think the Trump bulls are wrong, bet against them.
U.S. Election Betting: Kalshi’s Polymarket Rival Quickly Gets Traction
In just three weeks, Kalshi’s presidential prediction market has passed $30M in volume. It still trails Polymarket’s $2 billion.
U.S. Election Betting: Federal Court ‘Erred’ in Letting Kalshi Launch Prediction Markets, CFTC Says
A federal judge “erred” in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court.
Kalshi Research Finds ‘Widespread Evidence’ of Strong Republican Momentum in U.S. Elections
A note from Kalshi’s market research team suggests the prediction market – polls gap can be explained by Harris’ sliding popularity with key demographics.
Bitcoin’s Inverse Ties With Dollar Index Challenged as U.S. Election Looms
Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.
Kamala Harris to Back Crypto Reg Framework in Speech Today, Campaign Says
Vice President and Democratic nominee Kamala Harris will announce her support for a regulatory framework for crypto as part of a speech targeting Black Men, her campaign announced Monday morning.
Does World Liberty Financial Count as Trump ‘Launching a Coin’? Polymarket Bettors Are Divided
Plus, a look at how PoliFi tokens are doing compared to prediction markets; there might be another #election2024 up north.