Kalshi Sues Illinois Over New State Tax on Sports-Related Prediction Markets
In brief Kalshi sued Illinois after the state created a 15% tax on revenue from sports-related prediction market wagers. The tax is set to go...
Tag : Prediction
Solana Price Prediction: SOL Dominating On-Chain With Little to No Volume in Perpetual Trading
Solana price is trading at $68, with a $40 billion market cap, as its spot volumes dominate onchain. However, its perp activity is conspicuously absent....
Kalshi sues Illinois officials over prediction markets restrictions
Prediction markets company Kalshi has filed a lawsuit against state officials in Illinois over legislation it says “expressly bans sports event contracts” on its platform....
Ethereum Price Prediction: Kiyosaki Still Eyeing ETH, Solana Founder Bullish on EF Staff Cuts
Ethereum price is not looking good, and its prediction is at rock bottom, but it’s also holding attention from two directions at once. The Ethereum...
Bitcoin Price Prediction: CryptoQuant Believes Strategy Ought to Pause Its Bitcoin Purchases
Bitcoin price is trading around $62,000, with relatively no movement, but it’s doing little to mask a deeper structural prediction that is playing out publicly....
Morning Minute: Meta Is Building a Prediction Market
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt....
CFTC sues Kentucky after state’s prediction market lawsuits
The US Commodity Futures Trading Commission filed a lawsuit against Kentucky on Tuesday after the state sued prediction market operators last week, accusing them of...
Mark Zuckerberg ordered Meta staff to develop moneyless prediction market: NYT
Meta CEO Mark Zuckerberg has reportedly directed his staff to create a prediction markets mobile app called “Arena” in what could become a challenge to...
Mark Zuckerberg Wants a Prediction Market Too: NYT
In brief Internally dubbed “Arena,” Meta is experimenting with a prediction market platform that will allow users to make predictions using points. Meta hopes to...
XRP Price Prediction: Quiet in Price Movement, Loud in Building and Participation
XRP price is grinding through one of its less flattering stretches, hovering around $1.10, and it is down by around 3% today. But it is...