Two July Windows Left: The CLARITY Act’s Senate Fight and What Failure Means
The CLARITY Act, the bill that would define whether digital assets fall under SEC or CFTC jurisdiction, has two remaining floor windows before the August recess: the weeks of July 20 and July 27. Miss both, and Senator Lummis has warned that market…
Top Democrats Slam Trump Over Crypto Engagement
Bitcoin price remains constructive as it trades around $62,000 to $63,000, while Trump and crypto legislation continue to shape market expectations. Daily price action has been relatively calm, but developments in Washington could influence sentiment…
Spotify asks Kalshi, Polymarket to remove branding after manipulated streams used to settle music bets: Bloomberg
Spotify asked Kalshi and Polymarket to drop its logo after 500,000 fake streams rigged a $3M music market, Bloomberg reported.
CLARITY Act Faces Sub-50% Odds as Senate Clock Ticks Toward August
Jefferies analyst Andrew Moss and his team warned Monday that the CLARITY Act, the defining crypto regulation bill of this Congress, faces a compressing Senate window, with Polymarket odds of passage by end-2026 now sitting at 48%, down from 70% in…
Here’s Why Galaxy Just Slashed Clarity Act Odds In Half
Galaxy Digital’s Head of Firmwide Research Alex Thorn cut the firm’s estimated probability of CLARITY Act passage in 2026 from 60% to 50% on June 26, citing a narrowing Senate calendar and intensifying competition for floor time, not…
Sports-based prediction markets app Onyx Odds raises $20 million in round led by Kraken parent Payward
The app will face stiff competition in the prediction markets space, competing with dominant market leaders Kalshi and Polymarket.
World Cup boom sends Polymarket volume up 300% while Kalshi sets open interest records
Kalshi's aggregated OI reached a record $1.16 billion last week, the first time the platform's OI surpassed the trillion-dollar mark.
Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight
TL;DR Meta is reportedly building a standalone prediction market app internally called Arena. The product is expected to start with points rather than real-money wagering. The move pushes the prediction-market model further into mainstream tech, even as…
Charles Schwab is working with Cboe to launch S&P 500 'yes-or-no' binary options contracts: WSJ
The binary contracts would mark the brokerage's first move into prediction-market-style products, a sector that Kalshi and Polymarket already dominate.
Trump comments fuel dispute over Polymarket's $120 million 'permanent' Iran peace deal market
Polymarket traders clash over whether a US-Iran memorandum qualifies as a permanent peace deal.