Massie vs. Gallrein: Prediction Markets Bet $5.5M on the Most Expensive US House Primary Ever

The post Gaza strike report fails to move Polymarket, RFK Jr holds 49% for 2028 GOP appeared on BitcoinEthereumNews.com. Ted Hisokawa Jul 08, 2026 10:22 A report said an Israeli strike in Gaza killed an organizer of a World Cup public screening just before kickoff. Polymarket traders are watching for any ripple into U.S. Gaza strike report fails to move Polymarket, RFK Jr holds 49% for 2028 GOP Gaza Strike Headline Leaves Polymarket’s 2028 GOP Nominee Odds Unchanged, RFK Jr. Holds 49% Lead An Israeli strike in Gaza reported to have killed a World Cup screening organizer just before kickoff had no visible impact on Polymarket pricing for the “Republican Presidential Nominee 2028” contract. The market’s leading implied probability held steady at 49% at the latest snapshot. Key Takeaways Polymarket prices Robert F. Kennedy Jr. as the top outcome to win the 2028 Republican presidential nomination at 49% (No 51%). Odds were unchanged in the latest reading, with the leading

The surge in prediction market activity highlights the growing mainstream acceptance of decentralized platforms for event-driven trading. The post Keir Starmer plans bank holiday if England wins World Cup, and prediction markets are already cashing in appeared first on Crypto Briefing.

The post ESMA Says EU Retail Ban Covers Many Prediction Markets, With MiCA Awaiting the Tokenized Ones appeared on BitcoinEthereumNews.com. Key Takeaways ESMA said event contracts that qualify as financial instruments are already barred from EU retail sale under binary-options rules. The prohibition rests on national measures in force since 2018, so no new legislation is required to apply it. Two regulatory tracks, both already in force In a public statement issued on July 3, the European Securities and Markets Authority (ESMA) set out how existing EU law applies to event contracts, the yes-or-no instruments underpinning prediction markets. Its central conclusion is that many of these contracts are not a novel product category requiring new rules, but already fall within measures on the books – a point that goes further than framing the issue as future regulatory risk. ESMA’s reasoning is that event contracts whose underlying question relates to an asset listed in Section C(4) to (10)

Norway's World Cup success highlights the growing influence of sports events on crypto markets, driving volatility and speculative trading. The post How Norway’s World Cup run is fueling crypto meme token volatility and prediction markets appeared first on Crypto Briefing.

Europe’s top securities regulator has clarified that many prediction-market event contracts already fall under the EU’s existing retail ban on binary options – meaning the restriction is live law, not a proposed rule – while contracts issued as blockchain tokens may instead be caught by the bloc’s crypto framework. The statement leaves platforms such as […]

The post Paradigm Raises $1.2 Billion Fund as Crypto VC Pushes Further Into AI appeared on BitcoinEthereumNews.com. In brief Paradigm announced a $1.2 billion fourth fund targeting crypto, AI, robotics, and other technology startups. The crypto VC firm has backed companies including Nous Research, Zipline, True Anomaly, Hyperliquid, and Kalshi. Paradigm said it remains committed to crypto as it explores areas where AI and blockchain overlap. Crypto venture firm Paradigm has raised a $1.2 billion fund to invest in AI, robotics, crypto, and other technologies, broadening its focus beyond digital assets. While crypto remains central to Paradigm’s business, the San Francisco-based firm said Wednesday its fourth fund will expand investments into AI, autonomous hardware, and other emerging technologies while continuing its research-driven approach. “$1.2B to invest in steep exponentials. 8 years ago we were backed by people who believed in the crypto frontier,” Paradigm managing partner Alan

The investment firm said its fourth fund will back AI, robotics, and crypto startups as it broadens beyond digital assets.

Kalshi's legal setback in New York highlights the complex interplay between state and federal regulations, impacting prediction markets' operations. The post Kalshi loses court bid to block New York’s gambling restrictions appeared first on Crypto Briefing.