Crypto Prediction Markets Set New $2.7B Weekly Volume Record

TLDR: Crypto prediction markets on Kalshi and Polymarket reached a record $2.7 billion in weekly notional volume, largely from short-term Bitcoin and other crypto price contracts. Bloomberg reported that crypto ranked second to sports on both platforms, although the report did not break down volume by asset, venue, or contract. Coinbase’s event-contract product is operated [...]

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