Headlines

Robinhood eyes Crypto.com deal as prediction market race heats up

Robinhood is reportedly holding talks with Crypto.com about adding the exchange’s event contracts to its prediction markets hub. Summary Robinhood reportedly wants Crypto.com contracts to broaden its prediction market exchange network and product range. Any agreement could deepen Robinhood’s competition with Kalshi while reducing reliance on a single provider. Federal and state regulators remain divided…

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CLARITY Act Passage Odds Cut to 30% as Senate Vote Faces Challenges

Key Takeaways Galaxy Research reduced its CLARITY Act passage estimate from 50% to 30% as Senate negotiations face new obstacles. The 616-page bill combines crypto market structure rules with ethics, enforcement, custody, and stablecoin provisions. Supporters face a difficult vote calculation as lawmakers seek the 60 votes required to overcome a Senate filibuster. Galaxy Research…

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