The dispute centers on roughly 100 retroactive 'corrections' that allegedly flipped Kraken's profitable account into a $2M deficit, with parallel freezing orders already secured in Dubai.
The bounce off $59K is real, but funding rates have flipped negative and put-call skew shows a 25-point premium for downside protection. Bears are driving price action, not bulls.
The popular theory that spot gravitates to the strike where options buyers lose the most is failing in real time, with BTC stuck near $61,700 against a $72,000 max pain target on Friday's record…
Hyperliquid's SPCX perps let traders price a private-market thesis with crypto leverage, and over $50M in liquidations shows the speculative capital is real even before any SEC filing exists.
The platform's public leverage tape lets anyone watch high-conviction blow-ups in real time, and the cascade is starting to drive its own short-term setups.
Kalshi and Polymarket already cleared a category worth $130B+ in annual volume; Meta's edge is 3.56 billion daily users, yet its Reality Labs burn and Libra collapse mean the same scale that makes…
The jump from $22B to a reported $40B in a single funding cycle reflects prediction markets' shift from niche crypto rails to a sports-betting volume machine that has nearly 4x'd year-over-year.
A successful Q3 close would push Kalshi's valuation lead over crypto-native Polymarket to roughly 2.7x, while CEO Tarek Mansour floats an IPO no earlier than 2027.
The split is structural, not a lull: Solana's Leader schedule can't guarantee cancellations ahead of fills, so market makers widen perps while spot spreads tighten to near-CEX levels.
The raise pairs a TradFi heavyweight with a crypto-native lead, and lands at the exact moment institutional capital needs clean onchain data to deploy.
The survey lands as Congress weighs the Predicting Our Predictions Act and Kalshi/Polymarket battle state-by-state over which platforms stay live.
Kalshi's first billion-dollar open interest print arrived the same week Polymarket's World Cup-driven volume tripled, a signal that event-contract retail demand is now flowing through both regulated…
The raise, led by Kraken's parent, lands as prediction markets are being repriced on the back of Kalshi's $22B valuation and a flood of sports-betting liquidity into the segment.
Put-call skew on Deribit widened to 10.9 vol points in favor of puts and OI-adjusted CVD turned negative across most top-25 tokens, the cleanest read yet that short sellers are driving price action…
The legacy exchange is reusing a decade-old playbook because prediction markets just proved retail will trade outcomes, not just prices.
The same address sold 3,065 ETH at a $380K loss two weeks ago and has been loading HYPE ever since, with holdings now worth $30.93M.
The Mini-S&P 500 contracts are the first products under the new suite, live now on Interactive Brokers and rolling out to Charles Schwab in the coming months.
The Binance founder's back-to-back posts are a rare live read on a venue that has refused identity checks: the praise is real, the legal warning is louder.
The OCC-cleared contracts land as prediction markets keep pulling capital from sportsbooks and crypto books, with Interactive Brokers live at launch and Schwab on deck.
The points-first design insulates Meta from US prediction-market licensing while it learns the market, and leaves the door open to a future real-money product the moment a clearer regime lands.
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