Core Insights - The Super Bowl generated significant activity in prediction markets, with platforms like Kalshi and Polymarket seeing increased trading volumes despite not being able to advertise during the event [2][4]. Prediction Market Activity - Kalshi reported a total trading volume of $871 million, surpassing its previous daily record of $543 million, indicating a strong interest in prediction markets during the Super Bowl [3]. - Approximately 75% of Kalshi's trading volume was related to the Super Bowl, with prediction markets accounting for about 20% of the total wagers made at regulated sports books, which the American Gaming Association estimated to be around $1.76 billion [4][9]. User Experiences and Outcomes - One user on Polymarket reportedly made over $1.2 million from successful bets on the Seahawks, while another user won nearly $5,000 betting on celebrity appearances during the halftime show [5][9]. - A dispute arose regarding a Polymarket event contract related to performances at the Super Bowl, highlighting the complexities and ambiguities in defining what constitutes a "performance" [8].

As Crypto Scams Mount, the CFTC Now Has 1 Enforcement Lawyer in Its Flagship Office - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.Clerks in the futures pit at the Chicago Mercantile Exchange signal bids in 2002. The CFTC has long had jurisd ...

Core Insights - Ethereum co-founder Vitalik Buterin achieved a return of approximately 16% by betting against irrational market predictions, earning $70,000 on a capital of $440,000 in 2022 [1][2] - Buterin focuses on political and technology markets, which he identifies as more susceptible to extreme predictions, and he often bets against these "crazy" forecasts [2] Market Strategy - The strategy employed by Buterin involves identifying markets in "crazy mode" and betting that the extreme predictions will not materialize [1] - He has previously made significant profits from prediction markets, including $58,000 from betting on the 2020 U.S. presidential election [3] Prediction Markets - Buterin expresses enthusiasm for prediction markets as a promising application of Ethereum, noting their potential to be more accurate than traditional polls [4] - He suggests that combining prediction markets with diverse news sources can enhance user information compared to relying on a single source [4] Vulnerabilities - Despite the potential of prediction markets, Buterin points out that there are vulnerabilities, particularly concerning oracles that provide real-world data, which can be manipulated [5] - An example of this vulnerability was highlighted by an incident involving market manipulation related to the Russia-Ukraine conflict, resulting in unauthorized changes and profits of $9,300 [5]

Market Overview - U.S. equity markets experienced a rebound, with stocks rising approximately 1.7%, while small-cap stocks surged by 3.4% [1][3] - Bitcoin saw a significant increase of nearly 12%, reaching $70,000 per coin, after being about $10,000 lower the previous day [2] Sector Performance - The rotation in the market is shifting focus from large-cap tech stocks to sectors such as biotech, electronic components, airlines, trucking, and banks [3][8] - The S&P 500 and NASDAQ indices rose by almost 2%, while the Russell 2000 small-cap index outperformed with over 3% gains [3][4] Earnings Reports - 78.5% of S&P 500 companies that reported earnings exceeded expectations, although this is a decline from previous quarters [5][6] - The mixed reactions to big tech earnings indicate ongoing market focus on these companies despite the broader market rotation [6][8] Investment Strategies - There is a growing interest in diversifying investments beyond large-cap tech stocks into small-cap and cyclical value stocks [16][78] - The market is seeing a shift towards non-U.S. equities, which have gained 7.25% year-to-date, contrasting with a 4.5% decline in concentrated tech names [78][80] Demographic Trends in Real Estate - The senior housing market is experiencing growth due to demographic trends, with a significant increase in the aging population, particularly as baby boomers turn 80 [20][24] - Ventas, a real estate trust, is focusing on acquiring senior housing properties, targeting $2.5 billion in investments, driven by strong demand and limited new construction [24][28] Prediction Markets - The rise of prediction markets is impacting traditional sports betting, with estimates suggesting they could account for about 5% of total wagers [38][42] - Interactive Brokers is positioning itself in the prediction market space, focusing on economic and environmental contracts rather than sports [50][55]

New exchange connection brings first player-specific sports event contracts to DraftKings Predictions BOSTON, Feb. 06, 2026 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced an agreement with Crypto.com | Derivatives North America (“Crypto.com”), a global cryptocurrency platform and CFTC-regulated derivatives exchange, to broaden the prediction markets available on DraftKings Predictions. The expansion marks the first player-specific sports event contracts of ...

The countdown is on and the bets are flowing in. CNBC's Contessa Brewer joins us right now with more on this. And Contessa, here we go. >> Here we go.Yeah, the sports books are gearing up for their biggest single moneymaking event of the year. Becky, if you look only at the handle, the amount wagered on legal licensed sports books in the United States, the industry is looking to set another new record on this Super Bowl, $1.7% billion. FanDuel is the nation's market leader.And I asked CEO Amy Amy how about ...

Publicly traded crypto exchange Gemini (GEMI) is closing shop in the United Kingdom, European Union, and Australia and cutting a quarter of its employees, the firm announced on Thursday.  The move aims to reduce Gemini’s operating expenses and improve its path to profitability, while allowing it to “focus” on what it said are clearer opportunities like prediction markets.  “Gemini started in America in 2015. Since then, we expanded our areas of operation to more than 60 countries,” founders Tyler and Camer ...

Group 1 - Hyperliquid, a fast-growing decentralized exchange (DEX), is expected to attract new users following Ripple's announcement of support through its institutional prime brokerage platform [1] - The Ripple Prime integration enables institutional clients to access on-chain derivatives liquidity while cross-margining their DeFi positions with various asset classes, including crypto and foreign exchange [2] - Ripple Prime International CEO Michael Higgins stated that this strategic extension into DeFi will enhance liquidity access for clients, providing the efficiency and innovation demanded by institutional clients [3] Group 2 - Hyperliquid has evolved by adding perpetual futures markets for assets like gold, silver, and copper, leading to increased trading activity and significant liquidations amid market volatility [4] - The platform is planning to introduce "outcome trading" to tap into the growing prediction markets [4] - The price of HYPE has increased nearly 33% over the last month, while XRP has seen a decline of 20% over the past week due to a broader crypto market downturn [5]

Entain (OTCPK:GMVH.F) Update / briefing February 04, 2026 09:00 AM ET Company ParticipantsAdam Greenblatt - CEOGary Deutsch - CFOMonique Pollard - Managing DirectorConference Call ParticipantsBarry Jonas - Managing Director and Senior Equity Research AnalystBen Shelley - Director and Equity Research AnalystBrandt Montour - Director and Senior Equity Research AnalystChad Beynon - Managing Director and Senior AnalystDaniel Politzer - Executive Director and Senior Equity Research AnalystDavid Katz - Managing D ...

To say that prediction markets have taken the world by storm would be an understatement. A recent report estimated that trading volume on prediction markets increased from under $100 million per month in early 2024 to more than $13 billion by the end of 2025. Prediction markets allow people to trade contracts tied to the outcome of future events. That's a fancy way of describing betting on events, from politics to sports. Where to invest $1,000 right now? Our analyst team just revealed what they believe ...