#political-prediction-markets

#political-prediction-markets

Bitcoin rebounded above $61,000 after inflation concerns rattled the market, highlighting its sensitivity to economic news.

Political betting markets show Donald Trump's rising chance of winning the presidency again, reflecting significant public interest in the upcoming election.

The CFTC is challenging a court ruling that may allow political prediction markets, which have uncertain prospects ahead of the upcoming election.

Judges questioned the legality and implications of political prediction markets in a tense hearing involving the CFTC and Kalshi.

Kalshi's future hinges on a court ruling that could enable or delay political betting markets amidst a growing interest in elections.

CFTC chairman vows to continue pursuing case against Kalshi despite court ruling, emphasizing concerns over legality of political prediction markets.

Kalshi seeks permission to trade political contracts during the CFTC's appeal, emphasizing the potential irreparable harm if blocked.

A federal appeals court has temporarily halted Kalshi's political prediction markets following the CFTC's request, despite a recent ruling favoring Kalshi.

The CFTC lacks authority to block Kalshi's political prediction markets, according to a federal judge's ruling.