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October 18, 2026

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Tag: prediction markets

Readers Dessert October 8, 2026
  • Bitcoin

Ethereum Price Cracks as 3 Prediction Markets Make Their Calls

Readers Dessert October 8, 2026
Ethereum’s latest selloff has prediction markets pulling in three different directions. Ether fell through $2,600 on Wednesday as U.S. spot ether ETFs logged a sixth straight day of outflows, yet Myriad traders…
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Readers Dessert October 7, 2026
  • Bitcoin

US Lawmaker Pushes Ban on Candidates Betting on Their Own Elections

Readers Dessert October 7, 2026
U.S. Rep. Don Davis has introduced the No Betting on Your Own Race Act, which would prohibit federal candidates from trading prediction market contracts tied to their own elections. Davis Seeks Ban…
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Readers Dessert September 24, 2026
  • Bitcoin

$5 Billion of Nearly Identical Kalshi Trades Draw CFTC Scrutiny

Readers Dessert September 24, 2026
Almost one million trades of nearly the same size have moved through a single Kalshi market since August, and federal regulators are looking at them, as reported by The Wall Street Journal.…
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Readers Dessert September 17, 2026
  • Bitcoin

Draftkings CEO Says Prediction Market Wins Are Sinking His Own Stock

Readers Dessert September 17, 2026
At a Tuesday industry event, Jason Robins used harsh language to dismiss a Fortune report on a $30 million marketing deal with a departing cofounder as a “total hit piece.” He also…
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Readers Dessert August 30, 2026
  • Bitcoin

Fedwatch Turns Hawkish With 57% Odds of September Rate Increase

Readers Dessert August 30, 2026
September suddenly looks far less comfortable for rate-cut bulls, with the CME Fedwatch tool now pricing a quarter-point Federal Reserve hike at 57% at the upcoming Federal Open Market Committee (FOMC) meeting,…
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Readers Dessert August 9, 2026
  • Bitcoin

Fed Hike Bets Crack as September Hold Odds Storm Into Lead

Readers Dessert August 9, 2026
Prediction markets and the CME Fedwatch tool are lining up behind the U.S. Federal Reserve holding rates steady in September, but anyone watching the board knows this is hardly a done deal.…
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Readers Dessert July 29, 2026
  • Bitcoin

Underdog’s UDX Hits $1.2M Day, About 5% of Estimated Companywide Flow

Readers Dessert July 29, 2026
Underdog’s in-house UDX exchange recorded a reported $1.2 million in July 27 trading volume, reaching its first million-dollar day ten days after initial test trades. The result suggests Underdog avoided the usual…
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Readers Dessert July 27, 2026
  • Bitcoin

FIFA Declared World Cup Clean Before Watchdog Logged 7 Integrity Notices

Readers Dessert July 27, 2026
FIFA said its integrity task force found no suspicious betting or evidence of match manipulation across the 2026 World Cup. A monitoring network that sits on that same task force disclosed a…
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Readers Dessert July 20, 2026
  • Bitcoin

Spain–Argentina World Cup Final Drives Nearly $2B Across Prediction Markets

Readers Dessert July 20, 2026
Prediction markets recorded nearly $2 billion in final-specific trading as Spain defeated Argentina to win the 2026 World Cup. Kalshi accounted for almost 96% of the combined volume, with activity surging by…
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Readers Dessert July 17, 2026
  • Bitcoin

Underdog Files First 7 Sports Contracts for Its Own Prediction Exchange

Readers Dessert July 17, 2026
Underdog has filed the first seven sports event-contract templates for UDX, the federally regulated exchange it acquired in March. The filings target an initial listing no later than July 17, moving Underdog…
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