DraftKings and Flutter shares tumble as prediction market platforms Kalshi and Polymarket surge during NFL playoffs, threatening traditional sportsbook dominance with $720M in weekly volume.
Coinbase acquires The Clearing Company to strengthen its prediction markets platform, bringing in expert team from Kalshi and Polymarket as part of its "Everything Exchange" strategy.
Citigroup forecasts bitcoin reaching $143,000 and ethereum $4,304 within 12 months, citing regulatory improvements and growing adoption despite recent market volatility.
A simple breakdown of recent analyst ratings and price targets for Celsius, Robinhood, Airbnb, and Rigetti Computing, highlighting growth drivers and key risks.
Robinhood reported a sharp slowdown in November trading volumes, with equities, options, and crypto all declining month over month. Only prediction markets showed strong growth.
Robinhood is launching a new futures and derivatives exchange and clearinghouse—powered by a joint venture with Susquehanna and enhanced by the acquisition of MIAXdx—to expand and innovate its fast-growing Prediction Markets.
