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Kalshi Prediction Market Reports Record Week With Nearly $3 Billion in Volume

The brief update says Kalshi, a prediction market platform, reached its highest weekly trading activity with nearly $3 billion in volume traded.

Summary

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Terms & Concepts
  • Prediction market: A trading venue where participants buy and sell contracts tied to the outcome of future events.
  • Trading volume: The total value of assets or contracts traded over a set period, often used to gauge market activity.