Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.
Crypto News·

CBOE has begun evaluating a conversion of its Bitcoin and Ether futures into perpetual contracts after crypto perpetuals generated more than $8.5 billion in trading volume on Kalshi within weeks of launch. According to a June 23 report from The…
Read full articleKalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.
The reopening of Hormuz may stabilize oil prices, influencing inflation expectations and potentially altering central bank policies and risk assets. The post Brent oil erases wartime gains as Hormuz reopening boosts supply and lifts Bitcoin appeared first on Crypto Briefing.
The high concentration of Bitcoin among long-term holders could lead to increased price volatility and market sensitivity to demand shifts. The post Bitcoin long-term holders control 79% of circulating supply, hitting a new all-time high appeared first on Crypto Briefing.
21Shares Says Bitcoin Can Still Recover Toward $100,000 Despite Market Shakeout TL;DR 21Shares says Bitcoin remains under pressure but still has a p
The delay in Cantor Fitzgerald's SPAC deal with Adam Back's Bitcoin venture highlights the complexities of integrating large crypto assets into public markets. The post Cantor Fitzgerald’s SPAC deal with Adam Back’s Bitcoin venture hits a delay appeared first on Crypto Briefing.
Peter Schiff pushed back against claims that bitcoin is undervalued following recent declines, arguing that the asset lacks conventional valuation benchmarks as Strategy-linked securities faced steep losses. Peter Schiff Challenges Bitcoin Valuation Claims After Price Weakness Economist and gold advocate Peter Schiff renewed his criticism of bitcoin on June 23, targeting the narrative that recent […]
Kalshi has filed a federal lawsuit challenging a new Illinois law that would require prediction market platforms offering sports event contracts to obtain state licenses before operating. According to a filing submitted Tuesday in the U.S. District Court for the…
Bitcoin Traders Brace For PCE And Jobs Data As Macro Volatility Builds TL;DR Crypto markets are heading into a macro-heavy stretch with PCE inflatio