Kalshi: Supports trading price fluctuations of Rolex, Omega, and other watch brands

February Pullback Ends Six-Month Growth Streak for Prediction Markets

February 2026 marked the first decline in prediction market activity since August 2025, yet trading volume remained high at $23.4 billion, indicating resilience and sustained interest despite a slowdown. Competitive market dynamics signal a shift towards stability.

The UAE considers striking Iran as the war spreads

The United Arab Emirates, after experiencing multiple missile and drone attacks, is considering military action against Iran. Although most of the attacks were intercepted, they resulted in 3 deaths and approximately 70 injuries. UAE officials stated they reserve the right to respond, with rising anger that could lead to intervention by regional powers. Market forecasts suggest a 51% probability that they will strike Iran before March 31.

Iran's crackdown on Gulf countries' pressure on the United States is counterproductive; multiple countries may retaliate against Iran

Iran's recent airstrikes on Gulf countries have sparked tensions with the United States, potentially prompting Gulf nations to unite in resistance and strengthen collective self-defense. The Gulf Cooperation Council held an emergency meeting, clearly defining red lines, demonstrating that Iran's attacks have actually deepened solidarity among the nations.

Anonymous Trader Bets $25,676 on Iran Closing Strait of Hormuz by March 31

Gate News bot message, approximately one hour ago, an anonymous wallet was created and placed a bet of $25,676 on Iran closing the Strait of Hormuz by March 31. Following this transaction, the odds have increased to 77%.

Federal Ruling Raises Risk for Polymarket, Kalshi in Nevada

A federal judge has returned Nevada's civil enforcement action against prediction markets Kalshi and Polymarket to state court, increasing the risk of restrictions on their operations amid growing state regulatory pressure.

Kalshi "Haminin Abdication" $50 million contract sparks controversy! CEO issues a call: Reject death arbitrage

Kalshi recently caused controversy due to the death news of Hameini, leading to a surge of funds into related prediction contracts, which resulted in settlement chaos and a trading halt. Although Kalshi refunded users with a net loss of approximately $2.2 million, the platform's promotional activities were criticized and prompted U.S. lawmakers to call for investigations into similar assassination-related contracts. Polymarket also faced controversy, as the settlement of certain contracts angered users and raised suspicions of insider trading.