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Tag: prediction markets

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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Readers Dessert July 16, 2026
  • Bitcoin

France’s World Cup Exit Erases Sportsbook Liability as Prediction Volume Surges

Readers Dessert July 16, 2026
France’s 2-0 semifinal defeat to Spain eliminated one of the most heavily backed teams on U.S. sportsbooks, wiping out major outright and player-prop liabilities. The result also closed France’s positions across multibillion-dollar…
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Readers Dessert July 16, 2026
  • Bitcoin

CFTC Blocks Kalshi From Cancelling Michigan Sports Trades Ordered Voided

Readers Dessert July 16, 2026
The Commodity Futures Trading Commission has stopped Kalshi from liquidating sports event contracts that a Michigan court ordered cancelled and refunded. The intervention leaves Michigan’s restriction on new sports trades intact while…
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Readers Dessert July 6, 2026
  • Bitcoin

Coinbase AI Declares Norway World Cup Winner Before Kickoff as Armstrong Orders Review

Readers Dessert July 6, 2026
Coinbase came under fire after an artificial intelligence (AI)-generated alert told users Norway had beaten Brazil 3-2 in a World Cup knockout match that had not yet been played. A Major Goof…
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Readers Dessert June 30, 2026
  • Bitcoin

Arkham Intelligence Ranks Polymarket Traders by Skill — Top Forecaster Hits 66.1% Win Rate

Readers Dessert June 30, 2026
Arkham Intelligence rolled out a new skill-based rating system for Polymarket traders on Monday, shifting how the platform measures performance from profit totals to forecasting accuracy. What Elo Measures The new feature,…
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