XRP Surges 18% Following White House Crypto Regulatory Summit
XRP jumped 18.7% after President Trump met with executives from Ripple and Coinbase to discuss digital asset policy, breaking months of sluggish price action across the crypto market.
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Kalshi Prediction Markets Signal Bitcoin Rally May Stall Near Current Levels by Year-End
Traders on prediction market platform Kalshi project that bitcoin will end 2026 near $75,000, suggesting the digital asset's recent surge above $77,000 may lose steam before the year concludes.
Gen Z Investors Turn to Sports Betting and Prediction Markets for Wealth Growth
More than a quarter of Gen Z investors treat sports betting as an intentional component of their wealth creation strategy, according to data from investment platform Betterment.
CFTC Probes Prediction 'Mention Markets' as Regulatory and Banking Pressure Mounts
The Commodity Futures Trading Commission has launched an internal review into phrase-based 'mention markets' hosted on prediction platforms, adding to growing regulatory and legal headwinds facing the event trading sector.
Hyperliquid ETF Flows Reverse as Perpetual Futures Competition Mounts
Capital flows into Hyperliquid exchange-traded funds have cooled as the decentralized protocol faces mounting competition in perpetual futures from centralized, regulated exchanges.
Washington State Court Orders Kalshi to Halt Sports and Political Wagers
A Washington state court has issued a preliminary injunction ordering prediction market platform Kalshi to stop offering wagers on sports, politics, and culture to state residents, rejecting claims that federal derivatives law preempts local gambling regulation.
