The SEC has postponed approval of the first prediction market ETFs from Roundhill, Bitwise, and GraniteShares, stalling investor access to election, recession, and layoff-linked funds.
Kalshi has activated Face ID by default and rolled out selfie verification to block minors from trading on its prediction markets. The enhancements deliver stronger safeguards for sports and entertainment event contracts.
UAE reports multiple Iranian missile and drone attacks hours after the US-Iran ceasefire took effect, triggering sharp drops in Strait of Hormuz prediction market odds as traders slash near-term reopening probabilities.
Kalshi and Polymarket have propelled prediction market volume past a historic $150 billion lifetime milestone, with Kalshi shattering records at $14.81 billion in April alone. The surge signals surging mainstream adoption in sports, crypto, and macro event trading.
Traders are swarming Bitcoin short-term prediction markets amid volatile swings near $78,687, while WTI crude oil May targets and Arthur Hayes’ bullish HYPE token outlook ignite fresh crypto-commodity momentum.
Platforms are flooding the market with prediction market deposit match bonuses this May, doubling new traders’ starting capital and fueling record user growth amid surging event volumes.
Kalshi earns a prominent spot on TIME’s 2026 Most Influential Companies list, showcasing $22billion valuation and 5million+ users while confronting intensifying legal battles over its event contracts.
Polymarket total value locked has shattered records, surging past $530 million to a stunning $537 million all-time high as quant bots and oil whales dominate trading volume.
Kalshi bettors accurately predicted Jerome Powell’s decision to remain as Fed governor, assigning low odds of an early exit well before his announcement. Traders profited as the platform’s contracts aligned precisely with the news.
Hyperliquid’s HIP-4 outcome tokens are set to disrupt prediction markets. The upgrade delivers native, fully collateralized binary contracts with unmatched capital efficiency, directly challenging Kalshi and Polymarket on-chain.
