BlockBeats News, February 17 — According to Polymarket data, the probability of Donald Trump’s Republican Party winning the Senate in the midterm elections has dropped to a new low of 60%.
In addition, Democrats now have an 83% chance of controlling the House of Representatives.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Kalshi Files Lawsuit Against Iowa Regulators
Kalshi has sued Iowa regulators, claiming that they may impose restrictions on its federally regulated sports-related event contracts, risking enforcement action against the platform. This legal battle underscores the tension between state and federal oversight of prediction markets.
TodayqNews1m ago
Refuse to risk lives! U.S. lawmakers introduce legislation banning market prediction wars & death bets
U.S. Senator Adam Schiff has introduced the "Death Betting Act," which fully bans contracts related to terrorism, war, and death in prediction markets. The aim is to eliminate CFTC's regulatory flexibility and prevent national security risks. This move is a direct challenge to the recent relaxation of regulation by the CFTC and emphasizes that such bets will facilitate insider profits and are detrimental to public interest. This bill and similar actions are intended to respond to the ethical controversies sparked by prediction markets.
CryptoCity15m ago
Prediction Market Kalshi Sues Iowa Attorney General and Racing and Gaming Commission
Prediction market Kalshi sues Iowa Attorney General Brenna Bird and the Gaming Commission in federal court, claiming to face enforcement risks, asserting that federal law takes precedence over state law, and has engaged in legal disputes with regulators in multiple states.
GateNews1h ago
Kalshi sues Iowa regulators as legal dispute over the legality of sports event contracts in prediction markets escalates
Prediction market platform Kalshi has filed a lawsuit in Iowa, alleging that regulators may restrict the operation of its sports event contract products and asserting federal law takes precedence. The company did not receive a commitment not to take enforcement action after meeting with government officials and faces legal risks. Different states have varying regulatory attitudes toward such contracts, and court rulings are inconsistent, with ongoing disputes over their legal status.
GateNews1h ago
Geopolitical Sector Five-Time Victory Address: $10,000 Bet that the Iranian leadership will not change before May
On March 12, the decentralized prediction market Polymarket showed that an investor bet $10,000 on "Iranian leadership will not change before May," with the current price slightly down. U.S. intelligence analysts believe the Iranian government remains stable, despite the death of Khamenei, Iran is still strengthening domestic control.
GateNews1h ago
Middle East sector 70% win rate address $4900 bet on Trump announcing to stop military actions against Iran before May
According to Polymarket data, on March 12th, an address placed a $4,900 bet that "Trump will announce the cessation of military operations against Iran before May." This bet is based on statements from Trump and the U.S. government, with the end of the war being decided by them. Oil prices surged due to Iran's attack on supply chains. The trader's behavior indicates that they are not betting on the actual occurrence of the event.
GateNews2h ago
