Federal Reserve economists suggest that prediction markets, where participants trade on future event outcomes, can offer quicker and more accurate economic forecasts than conventional methods. A recent study highlights Kalshi’s…
The Federal Reserve has endorsed prediction markets, finding their data rivals established economic forecasting frameworks like Bloomberg Consensus. A study on Kalshi’s macro markets highlighted prediction markets’ real-time tracking of…
Federal Reserve economists argue that prediction markets often deliver quicker and sharper economic forecasts than conventional approaches. A new study spotlights Kalshi’s strong performance on interest rate calls and inflation…
The Federal Reserve’s study spotlights Kalshi’s prediction markets as a top real-time tool, outpacing Bloomberg Consensus in tracking outcomes. Traders praise the endorsement amid growing Wall Street interest, but a…
The financial world is buzzing as Bitwise files for a prediction market-backed ETF, signaling a potential shift for election betting into the mainstream. This move follows a trend of traditional…
As stablecoins gain traction in traditional finance, prediction markets are emerging as the next frontier for crypto innovation. Bitwise’s recent ETF filing signals a significant move towards mainstream acceptance, focusing…
The head of the U.S. Commodity Futures Trading Commission is pushing back against a wave of state-level lawsuits targeting prediction market platforms. He asserts the agency’s exclusive authority to regulate…
As significant events approach, prediction market platform Kalshi has significantly upgraded its oversight mechanisms. These proactive steps, including new advisory committees and partnerships, aim to fortify defenses against market manipulation…
The prediction platform Polymarket has filed trademark applications for ‘POLY’ and ‘$POLY’ with the USPTO, signaling a potential native token launch. This move comes amid increasing regulatory scrutiny facing prediction…
Ethereum co-founder Vitalik Buterin expresses concern over the current trajectory of prediction markets. He argues these platforms should pivot from short-term betting to become essential tools for hedging against price…