The post Kalshi traders see higher gas prices lasting through election day appeared on BitcoinEthereumNews.com.
Motorists purchase gas at a station on June 09, 2026 in Chicago, Illinois. Scott Olson | Getty Images Stock Chart IconStock chart icon WTI Crude 5-day chart. On Thursday, the national average of gas prices was at $3.84, according to AAA, up 5 cents from the day prior. The rise comes as U.S. oil prices rose as high as $75 per barrel on Wednesday, up from around $68 per barrel on Monday. However, WTI eased to below $72 per barrel on Thursday. While traders on Kalshi think gas prices will remain higher for longer, they also don’t see them returning to new highs. They give just a 43% chance gas prices cross $4.60 this year, although that’s up from about a one-in-three chance before the U.S. and Iran began hostilities again. The high for gas prices in 2026 was on May 21, when the average hit $4.56. Before the war with Iran began, the national average for U.S. gas prices was belo
The post SEC Chicago Appointment Adds To The Agency’s Enforcement Bench During A Busy Crypto Cycle appeared on BitcoinEthereumNews.com.
SEC Chicago Appointment Adds To The Agency’s Enforcement Bench During A Busy Crypto Cycle
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The post Musk Boosts Spencer Pratt’s Claims Of ‘Legalized Election Fraud’ In LA Mayoral Race appeared on BitcoinEthereumNews.com.
Topline Elon Musk backed reality star Spencer Pratt’s suggestions on Thursday that the mail-in voting system “could be” rife with widespread fraud after Pratt recently failed to advance to a runoff in the Los Angeles mayor’s race when mail-in ballots counted after Election Day swung the race in his opponents’ favor. Los Angeles Mayoral candidate Spencer Pratt is seen speaking with the media outside Don Antonio’s restaurant on June 02, 2026 in Los Angeles, California. (Photo by HIGHFIVE/Bauer-Griffin/GC Images) GC Images Key Facts Musk reposted a 10-minute video message from Pratt discussing the “Red Mirage” phenomenon when early election results tend to favor Republicans, only to swing in favor of Democrats when mail-in ballots are counted, since Democrats historically vote by mail in larger proportions than Republicans. “California has legalized election fr
SEC personnel announcements are easy to ignore until enforcement priorities start showing up in the market. The agency’s Chicago Regional Office appointment matters because regional offices are part of the enforcement ma
The post Kalshi Targets Gold, FX, and Energy Perpetual Futures appeared on BitcoinEthereumNews.com.
perpetual futures linked to gold, foreign exchange, and energy markets. The expansion marks the company’s next step after launching U.S.-regulated crypto perpetual futures in May. Besides broadening its product lineup, Kalshi aims to attract both retail and institutional traders while challenging established exchanges and competing more directly with Robinhood in the fast-growing derivatives market. Gold, FX, and Energy Lead Expansion Plans Chief Risk Officer Udesh Jha said investor demand continues to shape Kalshi’s roadmap. Consequently, gold ranks among the top priorities because it appeals to everyday traders. The company also plans to pursue foreign exchange and energy contracts, citing strong interest driven by geopolitical developments and seasonal market trends. Additionally, Kalshi is exploring future offerings tied to stock indexes and individual equities. Perpetual futures h
Kalshi's accurate rate forecasts could signal significant shifts in crypto market dynamics, urging investors to reassess risk strategies.
The post Kalshi traders see 57% odds of Fed rate hike in 2026, and crypto markets should pay attention appeared first on Crypto Briefing.
The post Prediction markets spark insider trading fears. How firms are responding appeared on BitcoinEthereumNews.com.
A supporter checks the gambling site ‘Kalshi” just before State Assembly member, Alex Bores (D-NY) gives a speech to supporters at his watch party at The Freehand Hotel after conceding the congressional race to Micah Lasher who will replace Rep Jerry Nadler (D-NY) in NY’s 12th Congressional District on June 23, 2026 in New York City. Laura Brett | Getty Images Insider trading is an emerging risk in the new world of prediction markets, and some companies – including Goldman Sachs – are taking steps to limit employees’ trades on the platforms. Goldman Sachs has banned its employees from trading on contracts related to events that are specific to the bank, as well as elections, financial markets, macroeconomic data and geopolitics, according to people familiar with the matter. A representative for Goldman declined to comment on the policy, but did state that the bank proh
The post Kalshi’s court loss shows federal approval may still leave prediction markets fenced off by states appeared on BitcoinEthereumNews.com.
A New York federal court has returned prediction-market access to state hands just weeks before the CFTC closes comments on national event-contract rules. In a July 7 opinion and order, Judge Analisa Torres of the Southern District of New York denied KalshiEX LLC’s request for a preliminary injunction to block New York gaming officials from enforcing state gambling law against its sports-event contracts while the case proceeds. The decision is preliminary. It leaves the merits open, but it rejects Kalshi’s bid for immediate relief on the argument that the Commodity Exchange Act preempts New York’s gambling laws as applied to those contracts. The access risk now has two tracks: whether the Commodity Futures Trading Commission accepts event contracts at the federal level, and whether states can force platforms to block, limit, or redesign access
The post Kalshi targets gold perpetuals as Robinhood rivalry heats up appeared on BitcoinEthereumNews.com.
Kalshi has intensified its push into regulated perpetual futures by seeking approval to launch gold, foreign exchange, and energy contracts as competition with Robinhood expands beyond crypto. Summary Kalshi is seeking approval to launch gold, forex, and energy perpetual futures. The move pits Kalshi against Robinhood as both expand regulated derivatives offerings. Google will ban prediction market extensions from the Chrome Web Store starting Aug. 1. According to Reuters, the prediction markets platform is in advanced discussions with U.S. regulators to introduce perpetual futures linked to traditional assets, extending the strategy it first used in crypto markets. The proposal covers contracts tied to precious metals, foreign exchange, and energy, while the company is also evaluating perpetual products linked to stock indices and individual equities over time. Unlike traditional
