Two-thirds of punters on Kalshi, a prediction market regulated by the U.S. Commodity Futures Trading Commission (CFTC), believe bitcoin will hit an all-time high this year, but less than half believe it will reach $80,000 by the end of 2024.
On October 29th, Kalshi, a prediction market regulated by the US Commodity Futures Trading Commission (CFTC), announced that it has partnered with stablecoin infrastructure platform Zero Hash and is using Zero Hash's "Account Funding" solution, which allows investors to deposit USDC into their Kalshi account but receive fiat currency settlement. Kalshi will launch the product in approximately 10 days.