Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Marc Hochstein is the executive editor of Consensus, CoinDesk's flagship event. He holds BTC above CoinDesk's disclosure threshold of $1K and de minimis amounts of other digital assets (details on profile page).

Kalshi, the lone regulated prediction market platform in the U.S., is moving to grab a piece of the crypto action as digital currencies bounce back from a two-year slump.Kalshi's move into crypto comes at the apparent dawn of a bull market for digital assets, as the launch of bitcoin exchange-traded funds and other factors have sent prices soaring.

Typically, prediction markets are framed as yes-or-no questions about verifiable outcomes within a set time period. For example, on Kalshi's"" market,"yes" shares were trading Sunday at 25 cents, signaling the market saw a 25% chance of a ban before Dec. 31, and"no" shares were changing hands at 78 cents. Each share pays out $1 if the prediction turns out to be correct, and bupkis if it's wrong.

Polymarket is barred from doing business in the U.S. under a settlement with the Commodity Futures Trading Commission. That leaves an opening for Kalshi, which is licensed by the CFTC, to pick up business from U.S. traders who want to speculate on crypto price movements without buying or selling crypto.fighting the CFTC in court

PredictIt, a popular site for election betting, operates in the U.S. under a no-action letter, or special exemption, from the CFTC that restricts the platform's growth and activities. It, too, sued the CFTC after the regulator ordered it toin a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 291. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

SHIB's 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market UpdateTracy Stephens is a Senior Index Manager at CoinDesk Indices.
출처: CoinDesk - 🏆 291. / 63 더 많은 것을 읽으십시오 »

Nvidia Surpasses Entire Crypto Market as AI Hype Picks Up SteamNvidia's market cap has surpassed $2 trillion, outstripping the entire crypto market's valuation
출처: Utoday_en - 🏆 295. / 63 더 많은 것을 읽으십시오 »

Bitcoin Market Cap Records New ATH, Shiba Inu’s Double Digit Run Continues (Market Watch)Crypto Blog
출처: Crypto_Potato - 🏆 568. / 51 더 많은 것을 읽으십시오 »

Canon Aims to Achieve Overwhelming Market Share in Mirrorless Camera MarketCanon's 2024 corporate strategy includes the goal of becoming the number one player in the mirrorless camera market. The company plans to establish an absolute position in the market by expanding its EOS R system and targeting video-oriented customers. Canon already leads in interchangeable lens mirrorless sales in the United States, but aims for a more dominant position.
출처: petapixel - 🏆 527. / 51 더 많은 것을 읽으십시오 »

Housing Market Update: Are Sellers Returning to the Market?Listings jumped in February to their highest levels in more than a year, according to Redfin on Friday.
출처: Newsweek - 🏆 468. / 52 더 많은 것을 읽으십시오 »