Prediction markets reflect 'wisdom of an informed minority,’ not crowd: Study
About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb...
Tag : Prediction
Bitcoin Price Prediction: Sell-Off Monday in Another Failed Attempt to Break Resistance
Bitcoin price briefly touched $79,400 in early Monday trading before retreating sharply, as the the $80,000 ceiling prediction held firm for yet another rejection. BTC...
CFTC sues New York as prediction market fight escalates
The Commodity Futures Trading Commission has sued New York over its effort to apply state gambling laws to prediction market platforms. Summary The CFTC says...
XRP Price Prediction: Ripple Conspiracy Theories and Broken NDAs
XRP price is holding its ground, and prediction and conspiracies are starting to pop up. Trading at the $1.4 range, XRP is still sandwiched between...
Bitcoin Price Prediction: Metaplanet Raises $50 Million to Buy More BTC
Metaplanet just doubled down again, believing in its Bitcoin price prediction. The Japanese Bitcoin treasury firm announced its 20th bond issuance on Friday, raising ¥8...
CFTC sues New York over bid to apply gambling laws to prediction markets
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated...
Kalshi, Polymarket among 27 prediction platforms banned in Brazil
Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket. The decision, announced Friday, follows a directive from the Ministry...
Brazil Issues Sweeping Ban Against Prediction Market Platforms
In brief Brazil blocked access to prediction market platforms including Kalshi and Polymarket, citing investor protection concerns. Finance Minister Dario Durigan said the platforms violated...
Wisconsin Sues Prediction Markets Over Sports Betting Contracts
In brief Wisconsin Attorney General Josh Kaul has filed complaints targeting Kalshi, Polymarket, Robinhood, Crypto.com, and Coinbase over their prediction market offerings. The lawsuits seek...
Ethereum Price Prediction: Today’s Options Expiry as 10 Straight Days of ETF Inflows Snap
Ether’s 10-day ETF inflow streak just snapped hard. Ethereum price is slipping to $2,300 in today’s Asia session, but that doesn’t mean we are getting...