New data shows prediction markets, which have attracted plenty of buzz, are still figuring out a business model.

Polymarket exploded into the public eye during the 2024 election between President Donald Trump and President Joe Biden.

Kalshi allows users to buy and sell contracts, most of which are priced between 1 cent and $1, based on how likely people ...

As Kalshi and Polymarket achieve Unicorn status, markets are betting on blockchain to make future-gazing investable.

Elon Musk has taken a leading role in online prediction markets as his AI firm xAI announced the integration of its AI ...

Kalshi, along with PredictIt, currently provides users with the ability to choose "yes" or "no" on events tied to topics such ...

On the regulatory front, the tide appears to be turning in the United States. Polymarket, backed by Peter Thiel's Founders Fund, is now open to American traders following its strategic acquisition of ...

The White House halts Brian Quintenz’s CFTC nomination amid conflict allegations linked to his Kalshi ties and access to sensitive CFTC data.

The prediction market Polymarket is set to resume business in the U.S. after a three-year ban, opening access to election ...

Kalshi is defending the use of betting language, claiming peer-to-peer trading avoids gambling classification.

The prediction market, Kalshi, and Elon Musk’s company, xAI, have announced a partnership which is ‘effective immediately.’ ...

The probability of a US recession this year has plunged on Polymarket and Kalshi. Prediction gurus break down what that means.