Crypto Biz: Mining weakness tests Bitcoin’s market cycle
Bitcoin miners face record margin pressure as proxy stocks sink, Kalshi lands $1B funding and Ether derivatives volumes overtake Bitcoin on CME.
Last updated: 2025-12-08 08:58:55 ET
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Bitcoin miners face record margin pressure as proxy stocks sink, Kalshi lands $1B funding and Ether derivatives volumes overtake Bitcoin on CME.
Prediction giant Kalshi strikes a new media partnership with CNBC, days after its CNN deal
The YZi Labs-backed “Opinion” prediction market logged $1.5 billion in weekly volume just weeks after launch, outpacing Kalshi and Polymarket as p...
Connecticut has sent cease and desist letters to Robinhood, Crypto.com and Kalshi, claiming the platforms' event contracts are unlicensed sports betti...
Kalshi, which bills itself as “the world’s largest global prediction market company,” said the agreement marks its first major news partnership.
Kalshi has doubled its valuation after its latest Series E funding round, which come as the prediction market posted record trading volumes last month...
The latest funding comes less than two months after Kalshi announced that it raised $300 million at a $5 billion valuation.
The fund-raising effort, the company’s third this year, values it at $11 billion, and comes amid stiff competition in the increasingly popular indus...
The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana bl...
Tokenization refers to creating a digital version of a real-world financial asset such as a stock, bond or treasury note.