Washington judge blocks Kalshi’s sports prediction markets over state gambling laws
A Washington state court granted the state's motion for a preliminary injunction, saying Kalshi operates illegal gambling activities.
The Block•Timmy Shen21 JulKalshi — page 18
Platform · 541 articlesCoverage, page 18
page 18 of 28The Block•Timmy Shen21 Jul
Kalshi, Polymarket open interest falls 20% as World Cup frenzy winds down
Sports accounted for 80% of both Kalshi and Polymarket's total volumes throughout the weekslong World Cup tournament.
The Block•Ivan Wu and Bryan Samsoedin20 Jul
Spain–Argentina World Cup Final Drives Nearly $2B Across Prediction Markets
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 more than $620 million from Friday through settlement. Final trading accelerates after Friday’s snapshot The Spain–Argentina World Cup final generated approximately $1.977 billion […]
Bitcoin.com News•Luci Kelemen20 Jul
US House weighs sports-contract ban threatening Kalshi and Polymarket
The US House Agriculture Committee has scheduled a hearing on sports prediction markets as two gaming associations press Congress to prohibit sports contracts offered by platforms including Kalshi and Polymarket. According to a committee release, the Subcommittee on Commodity Markets,…
Crypto Clarity Act in Limbo as Trump Races Against August Recess
Trump is pushing the Senate to pass the Digital Asset Market Clarity Act before August 11. Kalshi odds, stablecoin sticking points, and what a stall means for crypto market structure.
Hyperliquid’s HIP-4 brings permissionless prediction markets to its unified trading engine
Hyperliquid launched HIP-4 on May 2, 2026, introducing permissionless binary outcome markets that could challenge Polymarket and Kalshi in event trading.
CryptoBriefing•Editorial Team20 Jul
Drake Lost $1.5 Million on the World Cup Final — Who Made $3.3 Million?
Spain’s 1-0 extra-time win over Argentina in the FIFA World Cup final split prediction market traders into sharp winners and losers. One anonymous whale banked $1.35 million, while rapper Drake lost a $1.5 million crypto bet. The 2026 FIFA World Cup became a major driver for crypto prediction markets. Traders on Polymarket and Kalshi poured
BeInCrypto•Kamina Bashir20 Jul
Kalshi Adds 3 Million Users During FIFA World Cup Boom
Kalshi gained three million users as bettors traded over $1.2 billion on its FIFA World Cup winner market.
BeInCrypto•Darryn Pollock20 Jul
FIFA sets record $871M payout for 2026 World Cup teams as prediction markets explode
FIFA approved a record $871M prize pool for the 2026 World Cup. Meanwhile, prediction markets Kalshi and Polymarket processed over $50B in June trading
CryptoBriefing•Editorial Team19 Jul
Polymarket controls 93% of political prediction markets, and regulators have noticed
Polymarket commands 93% of political prediction market volume with $507M weekly, dwarfing Kalshi's $16.8M, but a CFTC investigation looms over its
CryptoBriefing•Editorial Team19 Jul
Prediction markets capture 27% of World Cup sports betting, Bloomberg reports
Prediction markets now account for 27% of World Cup sports betting volume, with Kalshi processing $40B in bets and Rothera surging 86% in daily volume.
CryptoBriefing•Editorial Team19 Jul
Lionel Messi reaches third World Cup final as prediction markets explode with billions in volume
Lionel Messi's historic third World Cup final drives billions in Polymarket and Kalshi volume, while fan tokens and crypto sponsors remain notably absent.
CryptoBriefing•Editorial Team19 Jul
Prediction Market Traders Turn Bearish on Clarity Act Becoming Law in 2026
Prediction market traders are betting against the Digital Asset Market Clarity Act becoming law in 2026, even as Kalshi bettors put strong odds on a Senate vote happening within weeks. On Polymarket, the market asking whether the Clarity Act (H.R. 3633) gets signed into law before December 31, 2026, has drawn nearly $1.94 million in […]
Bitcoin.com News•Jamie Redman19 Jul
Prediction market trading surges past $50B during World Cup, threatening traditional sportsbooks
Prediction markets processed over $50 billion in World Cup trading volume in June, with Kalshi and Polymarket leading a surge that threatens traditional
CryptoBriefing•Editorial Team19 Jul
Sports Events Push Prediction Market Trading to Record Highs in June
Polymarket rival, Kalshi, grew its prediction market share in Q2.
Larry Fink Comes out as Bullish, CFTC Intervenes With Kalshi, and More – Week in Review
This week’s crypto storylines mixed balance-sheet stress, regulation, venture hindsight, geopolitics, and macro sentiment. Michael Saylor built a $3 billion cash buffer around Strategy’s bitcoin stack, the CFTC backed Kalshi in its Michigan fight, and Tim Draper reflected on missing Coinbase before later joining the ride. Trump’s Iran remarks rattled oil and bitcoin, while Larry […]
Bitcoin.com News•Alex Richardson18 Jul
World Cup Betting Frenzy: $5.5B Wagers Back Spain to Crush Argentina
Two prediction market platforms are pricing the same outcome for Sunday’s World Cup final, with Polymarket and Kalshi bettors both putting Spain ahead of Argentina as the teams prepare to meet at Metlife Stadium in New Jersey. Kickoff is set for 3 p.m. EDT. On Polymarket, the World Cup winner contract has drawn $4.28 billion […]
Bitcoin.com News•Jamie Redman18 Jul
Trump aide allegedly made $100K betting on 12 speeches before anyone knew – then Kalshi stepped in
More than a dozen speeches are alleged, but no cited report dates the first alert, restriction, or CFTC referral.
CryptoSlate•Liam 'Akiba' Wright17 Jul
Kalshi traders see 31% chance of crypto legislation passing by December
Kalshi prediction market traders price just a 31% chance the CLARITY Act crypto legislation becomes law by December 2026, down from 45% earlier this year.
CryptoBriefing•Editorial Team17 Jul
Trump aide sparks insider trading probe with $90K Kalshi profit
A White House teleprompter operator has been placed on paid leave after allegedly earning more than $90,000 from Kalshi bets tied to words President Donald Trump would use in his speeches. According to an ABC News report, the Commodity Futures…