Prediction Markets Surge Amid Crypto Downturn | Bitcoin and Crypto News

While crypto trading volume tanked in Q2, prediction markets exploded — hitting $113 billion in notional volume, fueled by bets on everything from the World Cup to the U.S. election. Amid a 12% drop in overall crypto market cap and record hacks in DeFi, prediction markets surged, led by Kalshi with 60% market share — sparking regulatory scrutiny as lawmakers debate whether they’re gambling or financial markets. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/23ab7ee3584d0523