A dangerous, unregulated form of gambling that allows for degenerate betting on real events, unfettered by the economic and legal rules that keep stock markets and sports betting in check, creating an ...

Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion. Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, ...

A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the ...

Binance has added a prediction markets feature to its Binance Wallet, giving users a way to trade on the likelihood of real-world events without leaving the app. The rolloaut connects Binance Wallet ...

The stock-market-timing indicator with the best long-term predictive record has just risen to its highest — and most bearish — level ever. I’m referring to the average U.S. household’s allocation to U ...

Federal prosecutors in Manhattan are exploring whether certain lucrative bets placed on prediction markets have violated insider trading and other laws, multiple sources told CNN. The chiefs of the ...

The online version of betting known as prediction markets has come seemingly out of nowhere to become a multibillion-dollar industry, one that has set off a struggle pitting states’ rights to regulate ...

Max Raskin is a co-founder of Uris Acquisitions and a fellow at New York University School of Law. Prediction markets are Washington’s latest bogeyman, but President Donald Trump isn’t spooked.

XRP is primarily used as a bridge currency for making cross-border payments. If XRP can capture 14% of total cross-border payment flows, it could soar to a price of $20 by 2030. In a bear-case ...

ChatGPT, Grok, DeepSeek, and Gemini all project Bitcoin above $100,000 by the end of 2026, with targets ranging from $100,000 to $250,000. Claude is the only model that doesn’t see $100,000 happening, ...

This is read by an automated voice. Please report any issues or inconsistencies here. As prediction markets like Kalshi and Polymarket offer more ways to bet on elections, war, the Oscars and more, ...

March 9 (Reuters) - Derivatives and securities exchange operator Cboe (CBOE.Z), opens new tab said on Monday it plans to launch prediction market contracts offering partial payouts based ‌on the ...