The prediction market sector experienced explosive growth in 2025, with annual trading volume quadrupling to $63.5 billion, according to a new report from blockchain security firm CertiK. However, this surge masks significant structural strains, including research indicating that nearly 60% of activity on leading platform Polymarket during incentive periods was artificial wash trading. While market prices have so far remained reliable, CertiK warns that hybrid security vulnerabilities, heavy reliance on promotional incentives, and expanding state-level regulation threaten the long-term sustainability of platforms like Kalshi, Polymarket, and Opinion as they dominate the consolidating liquidity.
about Prediction Markets Hit $63.5B Amid Wash Trading, Security RisksKalshi
0 in Finance and 2 in Crypto last weekGemini Exits EU, UK, Australia; Cuts 25% of Staff
In a dramatic strategic retreat, publicly traded cryptocurrency exchange Gemini (GEMI) is shuttering its operations across the European Union, United Kingdom, and Australia while simultaneously cutting a quarter of its global workforce. This dual move, announced Thursday, represents a stark admission of overextension and a costly pivot toward a narrower focus on prediction markets and the core U.S. crypto landscape, as the firm battles a plummeting share price and a pressing need for profitability.
about Gemini Exits EU, UK, Australia; Cuts 25% of StaffNevada Regulators Sue Coinbase Over Prediction Markets
Nevada gaming regulators have escalated a nationwide legal battle by filing a civil enforcement action against Coinbase Financial Markets, seeking to block the cryptocurrency exchange from offering event-based contracts on sports and elections to state residents. The Nevada Gaming Control Board alleges these prediction markets constitute illegal wagering under state law, creating unfair competition against licensed sportsbooks and violating age restrictions. This move intensifies the growing conflict between state gambling authorities and federally regulated platforms like Coinbase, Kalshi, and Polymarket, setting the stage for a pivotal jurisdictional showdown.
about Nevada Regulators Sue Coinbase Over Prediction MarketsCoinbase Launches Prediction Market Across All 50 US States
Coinbase, the publicly traded cryptocurrency exchange, has officially launched a prediction market platform accessible to users in all 50 U.S. states, marking a significant expansion beyond its core digital asset trading business. Powered by contracts from the leading platform Kalshi, the service allows individuals to wager on outcomes in sports, politics, culture, and crypto using U.S. dollars or the USDC stablecoin directly from their Coinbase accounts. This strategic move places Coinbase alongside firms like Robinhood in capitalizing on a sector that has seen explosive growth and billions in weekly trading volume, even as it navigates increasing regulatory scrutiny and past controversies.
about Coinbase Launches Prediction Market Across All 50 US StatesVitalik Buterin’s $70K Polymarket Profit: Betting Against Irrationality
Ethereum co-founder Vitalik Buterin has disclosed a profitable trading strategy on prediction markets that hinges not on forecasting the future, but on identifying when others are doing it poorly. By employing what he calls an “anti-insanity mode” approach, Buterin earned approximately $70,000 last year on Polymarket, betting against extreme and irrational predictions that gain temporary traction among emotional traders.
about Vitalik Buterin's $70K Polymarket Profit: Betting Against IrrationalityBitcoin Death Cross Sparks Fears of 70% Price Crash
Bitcoin’s recent formation of a 2-day death cross has triggered alarm among technical analysts, with historical parallels suggesting potential declines of 50-70%. As BTC trades around $89,000 with a 7% weekly drop and $39 billion in volume, the market faces a convergence of bearish chart patterns while divided sentiment pits dire warnings against long-term optimism.
about Bitcoin Death Cross Sparks Fears of 70% Price CrashTennessee Bans Crypto Sports Betting, Supreme Court Battle Looms
Tennessee regulators have ordered three major prediction market platforms—Polymarket, Kalshi, and Crypto.com—to halt sports-related wagers and refund customers, escalating a legal battle over whether these markets constitute federally regulated event contracts or state-regulated gambling. The companies’ defiance of similar state bans and the massive financial stakes involved—with Kalshi alone processing $23.8 billion in sports market volume last year—set the stage for a jurisdictional clash that appears destined for the Supreme Court.
about Tennessee Bans Crypto Sports Betting, Supreme Court Battle LoomsUS Crypto Bill Nears Senate Vote with Bipartisan Support
After five turbulent years marked by market collapses and regulatory hostility, the United States stands on the brink of establishing its first comprehensive framework for digital assets. A bipartisan crypto market structure bill, championed by Senators Cynthia Lummis and Tim Scott, is advancing toward Senate deliberations, aiming to bring long-sought clarity by defining Bitcoin and Ether as commodities under the CFTC’s watch. While key lawmakers express optimism for passage, analysts warn that political dynamics could delay final implementation for years.
about US Crypto Bill Nears Senate Vote with Bipartisan SupportCrypto’s 2026 Rally Faces 3 Key Hurdles: Regulation, Markets, Fallout
The cryptocurrency market has opened 2026 with robust gains across major assets like Bitcoin (BTC) and Ethereum (ETH), yet the sustainability of this rally is not guaranteed. According to Matt Hougan, Chief Investment Officer at asset manager Bitwise, three significant obstacles must be cleared for the upward momentum to continue: moving beyond a historic liquidation event, navigating crucial regulatory legislation, and avoiding a sharp downturn in traditional equity markets. While Hougan outlines a path for cautious optimism, other analysts warn that Bitcoin may still be in a bearish phase, highlighting a divided outlook for the year ahead.
about Crypto's 2026 Rally Faces 3 Key Hurdles: Regulation, Markets, FalloutUS Lawmakers Target Insider Trading on Prediction Markets
A suspicious $400,000 profit on a political prediction contract has sparked a legislative push to curb potential insider trading in event markets. US Rep. Ritchie Torres will introduce a bill banning federal officials from trading on nonpublic information. The move follows a highly timed bet on Venezuelan President Maduro’s capture that raised immediate red flags.
about US Lawmakers Target Insider Trading on Prediction MarketsCoinbase Sues 3 States Over Prediction Market Regulation
In a high-stakes legal confrontation, cryptocurrency exchange Coinbase has filed federal lawsuits against the states of Connecticut, Michigan, and Illinois. The core of the dispute centers on who holds regulatory authority over prediction markets—state gaming boards or the federal Commodity Futures Trading Commission (CFTC). With Coinbase preparing to launch its own CFTC-regulated prediction market platform in January 2026, this legal battle seeks to preemptively block state intervention, which the company argues would stifle innovation and violate federal law by creating a patchwork of conflicting regulations.
about Coinbase Sues 3 States Over Prediction Market RegulationKalshi Integrates TRON Network for Prediction Market Liquidity
In a significant move bridging traditional finance and decentralized infrastructure, the world’s largest prediction market platform, Kalshi, has integrated the TRON blockchain network. Announced by TRON DAO, this partnership enables seamless deposits and withdrawals using TRX and USDT on TRON, unlocking new liquidity pathways for global market participants and positioning TRON as a critical rail for Kalshi’s expansion into the blockchain economy.
about Kalshi Integrates TRON Network for Prediction Market Liquidity