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- 1US Bond Yields Hit 20-Year High●🟠 UPDATE US Bond Yields Hit 20-Year High Amid Treasury Buyback FedWatch's Ben Emons predicts the 10-year Treasury yield
US Treasury bond yields have reached their highest levels in two decades amid the Treasury's buyback operations. Ben Emons of FedWatch predicts the 10-year Treasury yield could climb to 6% by January 2027, a scenario that would push real interest rates above 3.5-4% and create a restrictive financial environment with significant implications for borrowing costs and economic growth.
- 2US soldier arrested after $400,000 bets on Maduro's removal●DOJ arrests soldier who made $400,000 betting on Maduro's removal
The US Department of Justice has arrested an American soldier who reportedly made around $400,000 betting on the removal of Venezuelan leader Nicolás Maduro. The case raises questions about how prediction and betting markets tied to real-world political events are policed, and whether the soldier had access to inside information. Details of the charges have not been made clear in initial reports.
- 3Appeals court says Kalshi prediction markets can be regulated like gambling▼Appeals court rules against Kalshi, says prediction markets can be regulated like gambling
A US appeals court has ruled against Kalshi, holding that prediction markets can be regulated like gambling. The decision is a setback for Kalshi and the broader prediction-market industry, which has argued its event contracts are financial instruments overseen by the Commodity Futures Trading Commission rather than betting products subject to state gambling laws. The ruling could reshape how event trading platforms operate across the United States.
- 4New York sues Polymarket over alleged illegal gambling●New York sues Polymarket, alleging 'illegal gambling' Consumer adoption of online betting platforms was up 40% in July a
New York has filed a lawsuit against prediction market platform Polymarket, alleging it operates as illegal gambling. The legal action comes as online betting adoption surges: Bank of America consumer data shows platform usage rose 40% in July, with first-time use tripling since the start of the year. Regulators are increasingly scrutinising fast-growing betting and prediction platforms as mainstream consumer adoption accelerates.
- 5
Prediction market operator Kalshi has lost a ruling at the appeals court level concerning whether state regulators can oversee its prediction markets. The decision means states may retain authority to regulate or restrict certain event contracts, a setback for Kalshi's argument that federal law preempts state oversight of its business. The ruling is likely to shape ongoing disputes between prediction market platforms and state gaming and securities regulators.
- 6Space Stocks Rally as SpaceX Prices Historic IPO▼ASTS, RKLB, RDW, SATS Jump As SpaceX Prices Historic IPO — Cloudflare CEO Weighs In On 'Perfect' 20% Pop Prediction
Space-related stocks AST SpaceMobile, Rocket Lab, Redwire and EchoStar jumped after SpaceX priced its historic initial public offering. A Cloudflare executive joined the conversation, backing a prediction of a 'perfect' 20% first-day pop for the listing. Traders are treating the IPO as a landmark event that could revalue the entire publicly traded space sector.
- 7
Oklahoma travels to face second-ranked Georgia in a high-stakes college football game drawing heavy betting and prediction interest. Sportsbooks and prediction markets are featuring Georgia among top picks, while 247Sports' Sooners Illustrated staff has weighed in with their predictions for the road test, making it one of the weekend's most anticipated matchups.
- 8Coinbase CEO Armstrong stands by $400,000 Bitcoin prediction●Coinbase’s Brian Armstrong still thinks Bitcoin will hit $400,000 in 4 years
Coinbase chief executive Brian Armstrong has reiterated his forecast that Bitcoin will reach $400,000 within the next four years. The prediction, first made during an earlier market rally, implies roughly a quadrupling from recent price levels. Crypto commentators are weighing the call against Bitcoin's continued volatility and macroeconomic uncertainty, with supporters citing institutional adoption and skeptics questioning the aggressive timeline.
- 9Prediction markets pay players and leagues while fans lose out▼As players and leagues win with prediction markets, fans left holding the bag
A new opinion piece argues that prediction and betting markets tied to basketball are enriching players and leagues while fans bear the losses. The author contends the economics of these markets favor insiders, leaving ordinary supporters financially exposed as the industry expands around the sport.
- 10Inside Novig's High-Stakes Gamble With Outrage Marketing▼Inside Novig’s High-Stakes Gamble With Outrage Marketing
Novig, a US sports trading platform, is drawing attention for its marketing strategy built on deliberately provocative, outrage-generating campaigns. A new report examines how the company leans into controversy to drive rapid brand awareness in the crowded sports betting and prediction market space, and whether the attention translates into sustainable user growth or long-term reputational risk.
- 11Analyst Claims XRP Could Overtake Bitcoin▼XRP Could Overtake Bitcoin, Analyst Says: 'Life Happens Fast'
A market analyst has predicted that XRP, the cryptocurrency tied to Ripple, could overtake Bitcoin, remarking that 'life happens fast' to underline how quickly crypto rankings can shift. The claim is drawing attention in crypto circles, where XRP supporters have long argued the token is undervalued relative to Bitcoin. Skeptics note XRP would need an enormous price surge to challenge Bitcoin's market dominance.