Former President Trump has warned of a major tariff increase on Chinese imports if he returns to office. This threat of higher tariffs is spooking investors and contributing to a market sell-off.
$MBOX is showing a strong bullish recovery, breaking out from its $0.06 consolidation zone with rising momentum and volume — signaling likely continuation to new highs.
$238.34 million worth of long positions were liquidated in the last hour indicating a sharp market drop and heavy losses for traders betting on prices going up.
Kalshi, a blockchain-based prediction market company, has raised $300 million, boosting its valuation to $5 billion.
This major funding round backed by Sequoia Capital, Andreessen Horowitz, and others — reflects the mainstream rise of prediction markets, once seen as niche crypto platforms.
Kalshi plans global expansion to 140+ countries and has seen explosive growth from $300 million in 2024 to $50 billion in 2025 in volume, largely due to sports-related bets.
However, its rapid rise has drawn regulatory scrutiny over its financial product structure.