Prediction markets Kalshi and Polymarket are preparing to enter the crypto perpetual futures market, a major and risky segment of crypto trading that accounts for over 70% of centralized exchange volume. Their move aims to retain existing customers as other platforms expand prediction markets. Kalshi holds licenses from the CFTC, which is working to allow crypto perpetual futures in the U.S. to bring liquidity back from overseas. Both companies are also seeking to raise funds with a target valuation of $20 billion, despite facing criticism over controversial betting topics.
US stock markets are trading sideways as geopolitical tensions in the Middle East weigh on investor sentiment. The Dow Jones 30 found support at the critical 52,000 level and remains in an overall uptrend, suggesting buying opportunities despite shor...
Coinsilium Group Limited will invest an additional $200,000 in Predictive Labs, increasing its total commitment to $350,000 and acquiring nearly 12% ownership. This follows Predictive Labs' launch of Nijinn, a platform aggregating data from predictio...
Coinbase Global is transforming from a simple Bitcoin price proxy to a diversified crypto business. Stablecoin-related revenues and subscription services now make up 44% of its net revenue and have grown despite overall crypto market declines. Additi...
