Utah’s political class is mistaking prediction markets for gambling. Worse, in criminalizing prediction markets, the state of Utah is depriving its citizenry not just of the remunerative fruits of their knowledge, but also protection from the vagaries of business, weather,…
Taker flow data from the one-hour period ending 08:00 UTC on November 2, 2026 on Binance futures shows buy volume of approximately 1.89 million contracts and sell volume of approximately 2.81 million contracts, a ratio of 0.6725. Sell-initiated volume ran at roughly 1.49 times buy-initiated volume during…
Joey Levy tells EGR that moving away from sports betting with verticals including prediction markets will still let the business he co-founded with Jake Paul “accomplish our goals” Betr CEO: Non-online sports betting verticals “aren’t as restrictive” Joey Levy tells…
The Commodity Futures Trading Commission (CFTC) has cleared the way for equity perpetual futures contracts to trade on regulated US exchanges for the first time, marking a significant development in the convergence of traditional financial markets and cryptocurrency trading. The…
Kalshi traded $4.15 billion in notional volume on Election Day, Nov. 3, its biggest weekday yet—but still well below the $5.3 billion record it logged on Saturday, Oct. 24. Single-market contracts did the lifting, as parlay-style combos fell to 58.6% of volume from about…
Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…
KuCoin The cryptocurrency market is advancing as U.S. regulatory guidance and adoption by major financial institutions proceed in tandem. Staff from the U.S. Securities and Exchange Commission’s (SEC) Corporate Finance Division indicated that, based on the facts presented, Canton Coin—the native…
Polygon is considering a hard fork to recover $6.8 million in cryptocurrency stolen in separate security incidents involving Binance and Polymarket. The proposal seeks to transfer 70.49 million POL from five attacker-controlled addresses to verified recovery wallets. A hard fork is a…
Hirurg from Getty Images Signature via Canva DraftKings (DKNG) stock has lost 42% since its closing high on Jan. 5, and Needham just cut its price target for the second time this year. The firm’s new $30 target is still 44% above the stock’s…
“Predictions is already growing faster than we anticipated,” CEO Jason Robins said in the Q2 earnings release. Shareholders are less enthused. DraftKings (DKNG) closed Friday at $21, down 41.4% this year and only 14% above its 52-week low. The company is funding a push…
Kalshi, Polymarket and event contracts as a business: sports contracts, fights with states, CFTC rules, funding and brokers adding prediction markets.
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