👑 Kalshi owns the market

Kalshi now controls 89% of the U.S. prediction market — plus BTC shoots above $72K on ceasefire optimism, and Trump's World Liberty Financial borrowed $75M against its own token. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Wednesday, April 9, 2026 Kalshi now controls 89% of the U.S. prediction market as regulated trading takes over The CFTC-regulated platform has become the dominant force in U.S. event contracts, holding 89% of active markets and 54% of open interest. With monthly volume topping $12 billion, a $22 billion valuation, and margin trading now live for institutions, Kalshi's grip on the market is tightening — even as state regulators fight to block it. Read the full story → Markets Bitcoin shoots above $72,000 as optimism grows over Middle East ceasefire BTC reversed an early loss after Israeli PM Netanyahu signaled willingness to negotiate with Lebanon. The move continues a recent divergence from software stocks — bitcoin is up 9% over the past month while the iShares Tech-Software ETF is down 12%. Read more → Exclusive Trump's World Liberty Financial borrows $75 million against its own token, trapping depositors on Dolomite WLFI pledged 5 billion of its own governance tokens as collateral to borrow $75M in stablecoins, draining the USD1 pool and sending $40M+ to Coinbase Prime. The protocol's co-founder advises World Liberty Financial — and WLFI now accounts for 55% of Dolomite's total supply. Read more → Consensus by CoinDesk Join CoinDesk at Consensus Miami, where agentic commerce, crypto at scale, and institutional integration are redefining the future of finance. Save 20% with the code HEADLINES Get your pass → Know someone who should be reading this? Share this newsletter See all of CoinDesk’s newsletters    CoinDesk, Inc., 61 9th Avenue, 5th Floor, New York,NY,10011,USA, Unsubscribe Manage Preferences   Copyright © 2026 CoinDesk, All rights reserved.