Authorities investigate $5 billion in unusual Kalshi transactions due to concerns over ‘wash trading’

The federal government is looking into some unusual trading practices on Kalshi after more than $5 billion in nearly identical cryptocurrency trades. This has raised suspicions about potential “wash trading,” as reported by a news outlet. The Commodity Futures Trading Commission is currently reviewing these trades to decide if they should launch a formal investigation. […]
Kalshi Requests Regulator to Allow Traders to Use Borrowed Funds. What Could Go Wrong?

Kalshi, a leader in prediction markets, recently approached federal regulators with a request to let institutional investors use borrowed money for trading event contracts. This move could significantly integrate the growing industry into conventional finance. The firm’s clearinghouse, Kalshi Klear, submitted a proposal to the Commodity Futures Trading Commission (CFTC) that seeks to allow margin […]
Kalshi traders believe there is a low chance that a significant cryptocurrency bill will be enacted this year.

Cryptocurrency Legislation Faces Uncertainty A significant piece of legislation aimed at creating a regulatory framework for cryptocurrencies may not pass before the year ends, according to traders on Kalshi. The Digital Asset Market Clarity Act, which gained bipartisan support in the House last July, is scheduled for a procedural vote in the Senate on September […]
Kalshi odds show a 94% chance that Maine Senate candidate Platner will withdraw.

Traders on the prediction market Calci are increasingly betting that Graham Platner, the Democratic candidate for Senator in Maine, will withdraw from the race by next week. Just this Tuesday morning, the likelihood of his exit jumped from nearly zero to about 94%, indicating a strong belief among traders that his campaign is in serious […]
Kalshi promo code NYPMAX: Trade $10, receive $10 for Yankees vs. Rays

The Yankees and Rays are set to continue their series on Sunday after previous games were postponed due to rain. Tampa’s Drew Rasmussen (4-1, 3.19 ERA) will be pitching against the Yankees’ Ryan Weathers (2-2, 3.58 ERA). How to use the referral code This might be a good time to explore prediction markets in sports. […]
Kalshi promo code NYPMAX: Make a $10 trade and receive $10 for Braves vs. Dodgers

Sunday marks the concluding game of the series between the Braves and Dodgers, showcasing two of baseball’s most formidable lineups. In this match, Atlanta’s Bryce Elder, currently holding a record of 0-0 with an ERA of 8.10, will take on Los Angeles’ Jacob Wrobleski, who boasts an impressive 5-0 record and a 1.25 ERA. How […]
Senate prohibits senators and staff from gambling on Kalshi, Polymarket

Senators Banned from Using Insider Information for Prediction Markets The Senate has taken a significant step by passing a bill that prohibits senators and their staff from participating in prediction markets like Calci and Polymarket. This decision came right before a week-long break from Washington, D.C. These prediction platforms allow individuals to wager on various […]
Kalshi is providing a $1 billion reward for a flawless March Madness bracket.

$1 Billion Up for Grabs in March Madness Bracket Challenge A significant prize of $1 billion is on the table for anyone who can create the ideal March Madness bracket. This opportunity comes from Calci, a rising prediction market platform in the sports realm, which is set to launch this enticing challenge for the 2026 […]
Kalshi promo code NYPMAX: Get a $10 bonus for Wake Forest vs. Mississippi State

Duke-Mayo Bowl Preview: Mississippi State vs. Wake Forest The college football postseason wraps up on Friday night in Charlotte, where Mississippi State will face off against Wake Forest in the Duke-Mayo Bowl. Wake Forest ended its regular season with an 8-4 record, showing strong performances under coach Jake Dickert. On the other hand, Mississippi State, […]
Kalshi to Support Coinbase’s New Internal Prediction Tool, Source Indicates

Coinbase to Launch Prediction Market Coinbase, the largest cryptocurrency exchange in the U.S., is gearing up to introduce its own prediction market in partnership with Kalshi, one of the nation’s major federally regulated financial exchanges, according to a report from CNBC. Coinbase’s Future Plans There’s been a lot of buzz around prediction markets lately. A […]