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A UK carrier group's interception of Russian forces in the Norwegian Sea is rippling well beyond the water. The incident has already reached prediction markets, where traders are placing bets on what happens next. It's also revived talk of Bitcoin as a safe-haven asset. All of it comes as NATO tensi

A Polymarket trader known as coldsway lost $11.6 million on 2026 FIFA World Cup bets after most of the account’s positions failed. Key Points: Coldsway lost $11.6 million in 10 days, with only four of 15 World Cup bets ending in profit. The account lost $15.86 million across 11 failed positions, off

The FIFA World Cup has turned football into the main force behind a $5.6B surge across prediction markets. Key Points: World Cup trading pushed prediction market volume from $65M on Jun. 1 to $5.6B on Jun. 22. Kalshi led open interest, while Polymarket trailed during the tournament’s busiest month.

Kalshi and Polymarket handled $44.8 billion in combined trading volume in June, a 75% jump from May, as World Cup wagers flooded prediction markets. Key Points: Combined June volume across Kalshi, Polymarket, and Polymarket US reached $44.8 billion, up 75% from May's $25.66 billion. Kalshi grew fast

Prediction market leaders Kalshi and Polymarket could turn into acquisition targets after eight months of rivals racing to own both distribution and trading infrastructure. Key Points: A Wall Street broker says the two prediction market leaders own strong technology but lack the consumer reach of la