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Crypto News
Polymarket traders price 64% odds Bitcoin hits $80K in September
Polymarket traders are pricing a 64% chance that Bitcoin reaches $80,000 this month, while a dip to $75,000 is priced at 68.5%. The odds shifted after Bitcoin came within $163 of $80,000 on September 11 but failed to hit the mark. The market reflects near-term volatility expectations around the cryptocurrency's price action.
Cluster of Polymarket accounts won big on companies audited by KPMG
The Wall Street Journal reported that a cluster of Polymarket accounts won big on companies audited by KPMG. The findings follow an earlier Journal report that a KPMG employee is under investigation for alleged insider trading.
US government launched three previously unreported investigations of Polymarket trades
The agency that oversees prediction markets investigated Polymarket trades on Biden pardons and the Iran war, according to documents obtained through a Freedom of Information Act request. The three previously unreported investigations add to scrutiny of the CFTC-regulated platform, which has faced questions about potential insider trading and market manipulation. The probes focused on trading activity around sensitive political and geopolitical events.
Polymarket Rays-Braves overtime odds jump to 50%
Polymarket's Tampa Bay Rays vs. Atlanta Braves market saw the 'Yes' option in the overtime submarket surge from 9% an hour earlier to 50%. The sharp repricing reflects live in-game dynamics on the sports event contract.
Polymarket Texas Rangers contract drops from 78% to 19.5% in one hour
A Polymarket contract on the Texas Rangers in a head-to-head matchup against the Seattle Mariners collapsed from 78% to 19.5% within a single hour on Thursday. The sharp repricing suggests a sudden influx of sell orders or new information hitting the market, though the article does not specify the trigger.
Survey finds nearly 8 in 10 prediction market users say they lost money
A new survey found that nearly 8 in 10 prediction market users say they lost money. The report covers platforms including Kalshi and Polymarket, which offer wagers on elections, weather, and other events. The article is an interactive feature; the body provides only the topline finding and platform names with no further methodology, sample size, or demographic detail.
Polymarket odds show Democrats favored to win 2026 House and Senate
Polymarket odds show Democrats favored to win the House and Senate in the 2026 midterms as Election Day approaches on Nov. 3.
Kalshi signs Marshawn Lynch as latest celebrity endorser
Kalshi is expanding its celebrity endorsement roster to include NFL star Marshawn Lynch, joining actor Timothée Chalamet as a face of the prediction market platform. The Lynch campaign dropped on September 10. The strategy signals Kalshi is investing in mainstream brand awareness to differentiate itself in the growing event-contract market.
Robinhood price target raised to $140 on prediction markets deals with Crypto.com and OG.com
Robinhood's stock price target was raised to $140 from $127 by analysts, driven by deals with Crypto.com and OG.com as part of a push into prediction markets. The partnerships signal Robinhood's strategic expansion into the event-contracts space, leveraging its existing retail trading user base and regulatory footprint.
ProphetX partners with Agg Market to bring sports prediction markets to Solana
ProphetX, described as America's first federally regulated sports-native prediction market, announced a partnership with Agg Market to bring sports prediction markets to the Solana blockchain. The deal was announced Thursday.
ProphetX partners with Agg Market to bring CFTC-regulated sports prediction markets to Solana
ProphetX, described as America's first federally regulated sports-native prediction market, has partnered with Agg Market to bring its full suite of event contracts to the Solana blockchain. The deal combines ProphetX's CFTC-regulated status with Agg Market's Solana-based infrastructure.
Sue Bird cameos in LeBron James' new Polymarket commercial
Former UConn women's basketball star Sue Bird makes a cameo in LeBron James' new Polymarket commercial alongside several sports legends. The spot is part of Polymarket's push to broaden its brand recognition through celebrity athlete partnerships.
Coinbase selects ION's XTP to clear Kalshi event contracts
Coinbase Global has selected ION's XTP for Event Contracts to provide clearing infrastructure for Kalshi, the regulated prediction market platform. ION announced the partnership September 9, 2026. The integration gives Kalshi institutional-grade execution and clearing through Coinbase's infrastructure. ION's XTP platform for event contracts went live in April 2026. Kalshi has reached $34.5 billion in trading volume. ION describes Kalshi as the world's largest event contract exchange.
Crypto.com launches OG.com regulated prediction market platform
Crypto.com has launched OG.com as a regulated prediction market platform for sports and financial event contracts. OG.com is based in Chicago. Robinhood has taken stakes in both Crypto.com and OG.com, and will route trades through the platform alongside Kalshi and ForecastEx. Crypto.com is also hiring legal counsel focused on capital and prediction markets for the OG.com operation. The platform is positioned as a centralized, regulated entrant from a major crypto exchange operator.
Polymarket launches 20x perpetual futures for international traders
Polymarket has launched Polymarket Perps, a crypto perpetual futures product offering international traders up to 20x leverage. The offering scaled from 10 markets to 67. The product expands Polymarket beyond binary event contracts into leveraged derivatives. U.S. users are directed to the separate CFTC-regulated exchange and cannot access the perps. The company framed the launch as narrowing the gap between opinion and tradable position.
Polymarket joins Blockchain for Europe to support EU expansion
Polymarket, the prediction market platform, has joined Blockchain for Europe, an industry association focused on blockchain policy and regulatory engagement in the European Union. The membership, announced on September 9, 2026, supports the platform's deliberate push to build regulatory relationships and establish a foothold in European markets. Polymarket is expanding beyond its US base as it pursues growth across multiple jurisdictions.
CFTC asks court to dismiss CME lawsuit against Kalshi bitcoin perpetual futures
The Commodity Futures Trading Commission (CFTC) has asked a court to dismiss CME Group's lawsuit against Kalshi over its cash-settled bitcoin perpetual futures contract. Kalshi's BTCPERP product was approved on May 29. The contract has no expiration date and uses a funding rate mechanism to track the spot price. CME Group argues the product competes with its own bitcoin futures offerings. The filing comes as Kalshi self-certifies gold and silver perpetual contracts to expand beyond event contracts into precious metals derivatives.
Polymarket adds Squads group chat to US app with LeBron ad push
Polymarket launched Squads, a group chat and social trading feature that lets users discuss markets, share positions, and trade together within its US app. The feature launched with a football advertising campaign featuring LeBron James and other athletes. Squads adds a social layer to the CFTC-regulated prediction market platform as it competes for active traders. The product was announced September 8, 2026 and is available to US users.
Crypto.com and Truth Social plan marketing agreement for prediction markets
Crypto.com and Truth Social are planning a marketing agreement for prediction markets rather than building a direct prediction market integration on the social media platform. The arrangement would connect Crypto.com's prediction product with Truth Social's user base through promotional and distribution channels rather than native platform technology.
Hyperliquid extends exchange into event contracts as TradeXYZ plans prediction market entry
Hyperliquid's HYPE token added 6.5% to $84.86 even as revenue funding token... , extending Hyperliquid's exchange into fully collateralized event contracts. TradeXYZ also declared its intention to enter prediction markets.
