Morning Minute: The CFTC Bails Out Kalshi in NY
The CFTC keeps going to bat for Kalshi while the ultimate prediction market court battle looms, with the fate of the sector in the...
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Kalshi
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Kalshi faces lawsuit from FlightAware over flight data use, case dropped a day later
The case highlights the ongoing challenges prediction markets face in balancing innovation with legal and ethical use of third-par...
Crypto Briefing
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CFTC Invokes Emergency Powers to Keep Kalshi Trading Even if New York Wins a Restraining Order
The Commodity Futures Trading Commission ordered Kalshi on Tuesday to continue operating its exchange in line with its normal prac...
Unchained
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CFTC Invokes Emergency Powers to Keep Kalshi Trading Despite New York Suit
Kalshi triggered the order, notifying the agency of a market emergency after New York moved to bar its contracts nationwide.
Decrypt
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CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling.
Cointelegraph
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Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps
A federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event...
Bitcoin News
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CFTC flexes emergency authority to keep Kalshi operating amid New York lawsuit
The CFTC flexed its emergency authority and ordered Kalshi to keep operating after the platform was sued last month in New York.
The Block
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CFTC orders Kalshi to continue operating as New York seeks $36 billion in damages
The case could redefine federal vs. state authority over prediction markets, impacting regulatory frameworks and market operations...
Crypto Briefing
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CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sports-related prediction markets.
CoinDesk
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FlightAware sues Kalshi over flight cancellation data misuse
The lawsuit could redefine data usage norms in prediction markets, impacting how platforms negotiate and maintain data partnership...
Crypto Briefing
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Kalshi CEO criticizes conventional business advice, advocates risk-taking
Kalshi's success highlights the potential of unconventional strategies and risk-taking in redefining industry norms and achieving...
Crypto Briefing
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Microsoft Copilot AI Predicts a Quiet Bitcoin Rally Building Right Now
Roughly 450 new coins enter circulation each day while demand absorbs several times that amount. Microsoft Copilot AI predicts tha...
Cryptonews
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Mark Zuckerberg Meta AI Predicts XRP Could Be the Story of 2027
A bank charter application changes what a token can become. Meta AI predicts XRP is mispriced against that backdrop at $1.01, and...
Cryptonews
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Bitcoin Gets a Brief Reprieve as Shutdown Risk Moves to December
The Senate passed a short-term funding measure by a 90-6 vote, reducing the immediate odds of a US government shutdown and removin...
Cryptonews
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Sam Altman ChatGPT AI Says XRP Real Test Is Still Ahead
The lawsuit that defined XRP for years is over, and that changes the math. ChatGPT AI predicts a run from $1.02 to $4 to $6 by the...
Cryptonews
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Two Prediction Markets Shut Down Hours Apart as Kalshi and Polymarket Take 93% of Volume
Two crypto prediction market startups announced they were winding down within 90 minutes of each other on Monday morning, both giv...
The Defiant
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Kalshi predicts tamer inflation ahead of Wednesday’s CPI report
Kalshi's prediction of subdued inflation suggests potential easing of economic pressures, influencing market sentiment and monetar...
Crypto Briefing
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Google Gemini AI Predicts a Bitcoin Price Swing Nobody Is Pricing In
Forget the daily noise for a moment and look at the supply side. Gemini AI predicts a compounding shock from the fourth halving ca...
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