Just like with social media and AI, Congress is only slowly catching up with something that's increasingly a feature of everyday life.

Prediction markets offer a unique way to make money, even if top cryptocurrencies are in the red.

The announcement comes after multiple state gaming commissions pursue legal action against the predictions market.

The Coalition for Prediction Markets, which includes Kalshi, Coinbase, and Robinhood, took out a full-page ad in the Washington Post on Wednesday.

Average daily volume was an all-time high for any fourth quarter in company history.

The House Commerce-Consumer Protection Committee agreed unanimously via voice vote to advance an amended version of the bill, after hearing from four opponents, making the Hawaii legislature the first in the nation to move a prediction market ban bill. No representative from any prediction market platform testified in person or via video link.