The latest partnership sees Coinbase and Kalshi joining forces with the former trying to become a one-stop shop for traders of stock, crypto, and prediction markets in the US, much like Robinhood is also doing. The deal allows Coinbase traders to trade on the ‘Yes-No’ outcomes at Kalshi.
Coinbase, the largest US based cryptocurrency exchange, also has plans to serve up contracts generated by other prediction markets in the US, and Max Branzburg, Vice President of Product Management at Coinbase is very optimistic.
“The everything exchange is our vision where users will be able to trade every asset, 24/7, from anywhere in the world on one trusted platform that starts with crypto,” Branzburg said. “We believe that having all of this in one platform will enable more efficiency, more access and better outcomes for customers.”
Coinbase said that investors on the platform can trade in the prediction markets using either US Dollars (USD) or USDC, the CircleInternet Group-issued stablecoin. The company is also planning on having AI-powered financial advice, tokenized stocks, and zero-commission stock trading.
Founded by Brian Armstrong and Fred Ehrsam in 2012, Coinbase Global Inc. operates in over 100 countries and now has more than 100 million users and is the world’s largest Bitcoin (BTC) custodian including 12% of all Bitcoin in existence as well as 11% of all staked Ether (ETH).
Report: PMs Could Hit $1T Trading by End of the Decade
After seeing Prediction Markets volume go from $100 million a month in 2024 to more than $13 billion a month in November of 2025, it’s no wonder a recent report suggesting Prediction Markets may hit a staggering $1 trillion in trading volume in the next decade wasn’t scoffed at.
The report from Eilers & Krejcik also offered some caution.
“Numerous factors, most notably legal and regulatory challenges, could delay or derail the growth of prediction markets,” opined Chris Grove, Eilers & Krejcik partner emeritus and strategic advisor.
“But the fundamental elements of consumer demand and an array of diverse brands looking to meet that demand are clearly in place,” Grove went on to tell CNBC on behalf of the research firm that specializes in sports and interactive gaming sectors.
Grove said that sports will fuel the rapid growth and he estimated that the sector will ultimately represent 44% of the volume in the long run for Prediction Markets.
Rank Among Hottest Years on Record?
The hottest year on record, before 2025 has ended and been tabulated, was 2024 with a 2.34° F anomaly followed by 2023 (#2), 2016 (#3), 2020 (#4), 2019 (#5), 2017 (#6), 2015 (#7), 2022 (#8), 2018 (tied-#9), and 2021 (tied #9) as the 10 warmest years on record.
At Polymarket, traders can buy contracts on ‘Where Will 2026 Rank Among the Hottest Years on Record?’ with #2 (second all-time) leading at 38%, followed by #4 (31%), #1 (21%), #5 (2%), #6 or lower (4%), and #5 (2%).
Trading Thoughts: One thing to remember here is that 2025 hasn’t been added to the rankings, and heading into the last two weeks of the calendar year, 2025 is expected to be the second- or third-warmest ever, continuing this millennial warming trend on planet Earth. Trading Pick: None
Will Sports PMs be Banned in Any US State in 2025?
Polymarket is offering up the ‘Will Sports Prediction Markets be Banned in Any US State in 2025?’ has seen a lot of movement—it hit a High of 70% on November 27—but with the calendar ticking down and not much to likely happen in the courts in coming days, it now sits at 7% (December 23).
The provided Market Context from Polymarket says it all:
“In the past week, several developments have surfaced regarding the potential for sports prediction markets to be banned in any U.S. state by the end of 2025. Recent news highlights a growing presence of these markets, with major players like DraftKings launching new products in states like Texas, navigating around local sports betting bans.
“However, regulatory scrutiny is evident, as Pennsylvania gaming authorities have raised concerns, discussing potential license revocations for related partnerships. Despite this, market sentiment, as reflected in posts on X, aligns with the strong "No" lead at 93.9%, indicating low perceived risk of a ban.”
Trading Thoughts: If this market is resolved a ‘No,’ those who got in during November may end up profiting. Like many Prediction Markets, this is one we may see again trading in 2026. The total trading volume in this one was $23,179 on December 21.Trading Pick: None
What Will SpaceX’s Public Stock Ticker Be?
Elon Musk announced in November that he will be taking SpaceX public next year and is targeting a mid-to-late-2026 Initial Public Offering (IPO) in what could end up being the largest IPO in history. Musk confirmed the $30 billion IPO target and $1.5 trillion valuations were “accurate.”
Musk’s satellite company Starlink would also reportedly be included in the IPO.
At Polymarket, traders can get in on what the potential public ticker will be (before December 31, 2027) with $SPAX (36%) in the lead, $X (14%), $SEX (13%), $MARS (12%), $SX (9%), $TAR (5%), and $SPACE (1%) all listed on the trading exchange.
Trading Thoughts: Though surprisingly liquid ($663,413 volume on December 21), this is a weird market with the big variable of ”when” (IPO), tying trading money up until that unknown point, and what that symbol may be—if any of these. Too much guessing. Trading Pick: None
What Nation Wins Most Golds at XXV Winter Olympics?
The 2026 Winter Olympic Games are coming from Milan and d’Ampezzo, Italy from February 6 through February 22, and with it the individual and national pursuit of the coveted Gold, Silver, and Bronze medals.
Traders at Polymarket can predict which nation or nations will (‘Yes’) or won’t (‘No’) have the most Gold medals in northeast Italy this winter, and so far they like traditional Winter Olympics power Norway (59%) to lead the pack by a wide margin over Germany (16%) and the USA (16%).
Longer trading shots include Canada (5%), Switzerland (2%), host Italy (2%), the Netherlands (2%), Sweden (1%), and Austria (1%).
Trading Thoughts: In the 2022 Winter Olympics in Beijing, China, Norway rolled with 16 Gold medals followed by Germany (12), the USA (9), and China (9). Norway also won the total medal count with 37, 10 medals ahead of second-place Germany (27).
It’s hard to see Norway not dominating once again, although it may take some time for the eventual Golds to start racking up. Trading Pick: Norway, Yes 59¢
NFL Head Coach of the Year Award Still Up For Grabs
The NFL Coach of the Year award winner market has been a fun one to watch, with the Colts Shane Steichen and the Patriots Mike Vrabel looking like the two to fight it out all season before Indianapolis hit the skids and teams like the Bears, 49ers, and Jaguars started winning games.
That means it is still anyone’s guess, and that’s what prediction markets are all about if you think you have or can find an edge as the Regular Season winds down.
For now, the Patriots Vrabel (35%), the Broncos Kyle Shanahan (26%), the Bears Ben Johnson (18%), the Seahawks Mike Macdonald (15%), and the Jaguars Liam Coen (12%) are the five main favorites in this market with and the Colts Steichen (3%) now out of the picture.
Trading Thoughts: The annual NFL (Head) Coach of the Year is announced at the 2026 NFL Honors on Thursday, February 5, 2026 from the Palace of Fine Arts in San Francisco and the winner is chosen by a nationwide panel of some 50 broadcasters and sportswriters.
The 2024 NFL COY went to Kevin O’Connell of the Vikings, the third straight NFC recipient. I like two Mikes here. Although Macdonald in Seattle has worked magic, previous winner (2021) Vrabel in NE is my gut feel and turned a team that went 8-26 the last two seasons into an instant winner. Trading Pick: Mike Vrabel Yes 40¢
A ‘Crazy 8’ Bowl Games Coming on Saturday December 27
The 2025-26 College Bowl season will see its busiest day on Saturday, December 27 when eight games will be played across the lower 48, offering trading opportunities from dawn until midnight.
Here are the eight scheduled games with the Bowl names, teams, site city and stadium, starting times and TV. We will also offer up what seems like the best trading pick from these games later.
Trading Thoughts: There is only one team with a perfect Against The Spread (ATS) record (7-0-0) in FBS since 2010, the Miami (Ohio) RedHawks from the MAC, the Cradle of Coaches. This year, Miami meets WAC talent Fresno State (4-6-0 ATS since 2010) in the Snoop Dogg Arizona Bowl.
Although traders at Kalshi were behind Fresno State, 63%-37%, Miami won the Arizona Bowl last year over Colorado State, 43-17, at this same stadium, now named Casino Del Sol Stadium in Tucson. Small lean to the feisty dogs here in the desert. Trading Pick: Miami Game Winner Yes 34¢
Texans in LA to Play the Chargers in NFL Saturday Matinee
The first of two Saturday NFL treats this weekend sees QB Justin Herbert and the Chargers (11-4, 6-2 Home) welcoming the red-hot Texans (10-5, 4-3 Road) to SoFi Stadium (Matrix Turf) in Inglewood, California for this AFC battle (NFL Network, 4:30 EST/3:30 CST/1:30 PST).
In NFL Week 16 results, the Bolts were at Jerryworld to face the eliminated Cowboys in a game the visitors won, 34-17 on Sunday while Houston welcomed the lowly Raiders to H-Town and continued to play very good football, winning its 7th straight with a 23-21 victory.
NFL traders at the sports-heavy Kalshi are backing the Chargers by a wig (54%) over WR Nico Collins and the Texans (46%) with WR Keenan Allen and Los Angeles wins by over 2.5 points at 48% and the more than 39.5 points scored trading at 52%.
Trading Thoughts: Lifetime, the Chargers are 6-4-0 vs the Texans, but LA is just 2-4-0 in the last 6 after winning the first 4—all as the San Diego Chargers (2002-2010)—and this game will be more important to Houston who was chasing chasing Jacksonville for the AFC crown this campaign.
The Texas Defense (16.6 PPG, #1) has been stellar this 2025-26 NFL Regular Season but they had allowed at least 10 PPG for 10 straight games heading into the Raiders, so this looks like a 17-10 or 20-17 game that either side can win. Too much fog in the bog. Trading Pick: None
Ravens at the Hurt Packers on Peacock on Saturday Night
Lambeau Field (Kentucky Bluegrass and SIS Grass) in Green Bay, Wisconsin is the site of this NFL Week 17 game on Saturday night between the Packers (9 -5-1, 5-2 Home) and the Ravens (7-8, 4-2 Road) in a result which may be only be significant to the Cheeseheads (Peacock, 8 EST/5 PST).
In games from Week 16 , Jordan Love and Green Bay were in Chicago to face the Bears in a battle between the first- and second-place teams in the NFC North, and the Packers lost, 22-16 in OT. The Ravens hosted Drake Maye and the Patriots and saw their slim Playoff hopes fade with a loss.
NFL traders at Kalshi are putting their money on Green Bay (57%) over Lamar Jackson and Baltimore (43%) in this game airing on the Peacock streaming service with Green Bay wins by over 2.5 points at 50% and the more than 40.5 points scored currently trading at 51%.
Trading Thoughts: These two don’t play much, but lifetime, the Packers are 5-2-0 lifetime vs the Ravens with GB 3-1 in the 4 meetings in Brown County, but losing the last (BAL 23 GB 0, 2017).
The Ravens’ desperation to win and the Packers injury list—which now includes the dynamic Micah Parsons (ACL) with QB Jordan Love out and RB Josh Jacobs and WR Christian Watson hobbled—all weigh heavy here. In the end, the site and desire for the win are edges for Green Bay. Trading Pick: Packers Game Winner Yes 59¢
NFL Heavyweights Eagles and Bills Meeting on Sunday
Jalen Hurts and the defending Super Bowl champion Eagles (10-5, 4-3 Road) head to Highmark Stadium (A-Turf Titan) in Orchard Park, New York on Sunday to face NFL MVP candidate Josh Allen and the Bills (11-4, 6-1 Home) in a nice interconference matchup (FOX, 4:25 EST/1:25 PST).
In Week 17 play on Sunday, Philadelphia was at Washington not to lobby or see the Lincoln Memorial but to hand the wounded Commanders another loss while Buffalo was at Cleveland to paint the Browns a whiter shade of pale in a close 23-20 win for RB James Cook the visitors.
At Kalshi, NFL traders like Buffalo here (55%) over visiting Philadelphia (45%) with Buffalo wins by over 2.5 points at 50% and the more than 43.5 points scored trading at 53%.
Trading Thoughts: The Eagles lead the series 9-6-0, winning three straight, 4 of the last 5 in the series and 3 of the last 4 at Buffalo. But those numbers are really meaningless here as both are jockeying for NFL Playoff positioning and looking to keep the positive momentum going into 2026.
LB Zack Braun and the Eagles defense (19.3 PPG, #3) has been stellar of late, allowing less than 22 points for 10 straight games and making it easier for the offense to regroup and have better field position. This one is probably better watched than traded on.Trading Pick: None
Bears in Frisco to Face the 49ers on Sunday Night Football
Fans of the Bears (11-4, 5-3 Road) and 49ers (11-4, 4-2 Home) have to be proud of their teams this season, and the two meet at Levi’s Stadium (Bermuda Grass) in San Francisco on Sunday night in a game important to both fighting for NFL Playoff positioning (NBC, Paramount, 8:20 EST/5:20 PST).
In Week 17 action, Chicago welcomed the Packers to the Windy City and won in OT vs the Cheeseheads, 22-16, while the Niners were at Indianapolis on MNF where they defeated the Colts, 48-27 to stay close with the Seahawks and Rams in the talented NFC West.
NFL traders at Kalshi like QB Brock Purdy and San Francisco here (60%) at The Field of Jeans over QB Caleb Williams and the visiting Bears (40%) with San Francisco wins by over 3.5 points at 48% and the more than 53.5 points scored trading at 45%
Trading Thoughts: When teams have to travel far, sleep in hotel beds, and play in Time Zones well off their Circadian Rhythms, the Home teams will always have some kind of edge and that’s the perceived edge here with Chicago 2,128 miles and to Time Zones (CT to PT) from home.
Lifetime, SF is 36-33-0 vs the Bears with the two teams winning alternately the last nine series meetings and Chicago scoring just 6, 7, 14, and 13 in its 4 of its last 5 trips to Levi’s Stadium. Both are playing well but the Bears are too far from their cave. Trading Pick: SF Game Winner Yes 63¢
