Browsing: Prediction

Prediction markets such as Kalshi and Polymarket have grown rapidly in recent years, with billions of dollars’ worth of event contracts now traded annually. Along with that rapid growth have come questions about how these markets should be regulated and taxed.

July’s consumer inflation cooled to 3.4% on August 12, and producer prices came in unchanged the next day against the 0.2% rise economists expected. Cooling inflation gives the Federal Reserve room to stop raising rates, and cheaper money is what usually sends the Bitcoin price higher.