Bitwise has submitted an application for a support-type ETF under the PredictionShares brand.

Proposal to Regulate Prediction Markets Gains Steam After Insider Trading Allegations Involving Iran War

Senator Chris Murphy has proposed regulating prediction markets after allegations of insider trading by people close to the Trump Administration. According to Bubblemaps, six insiders profited close to $1.2 million betting on the U.S. strike on Iran just hours before it happened. Senator Chris Mur

Polymarket Cools Off: First Monthly Drop Since August Despite $23.4B Volume

Statistics indicate that polymarkets had the first down month since August 2025. The total volume amounted to 23.4 billion in February 2026. Although this is a decrease, the figure is an indicator of high attendance. Following several months of aggressive expansion, a deceleration was predicted.

Polymarket market bets that the probability of Bitcoin dropping to $60,000 in March this year is 40%

Foresight News reports that the latest data from Polymarket shows that the market's odds of Bitcoin falling to $60,000 this March are 40%, falling to $65,000 are 76%, rising to $75,000 are 50%, and rising to $80,000 are 25%. Currently, the trading volume in this prediction market exceeds $8.51 million.

Kalshi's "Death Clause" Sparks Controversy: Traders Betting on Khamenei's Death Suffer Heavy Losses

On March 3, news reports indicated that the prediction market Kalshi sparked controversy due to the death of Iran's Supreme Leader Khamenei. Traders expressed dissatisfaction with the "death clause," and returns were modest. Market trading volume surged, but improper operations face regulatory risks. Analysts warn that prediction markets need to balance commercialization and compliance, and trading on sensitive events should be approached with caution.

"Gambling is not investing": U.S. lawmakers form an alliance to pressure prediction markets, regulatory disputes over platforms like Polymarket escalate

The prediction market industry in the United States faces political and regulatory pressures. An alliance led by Congressman Mick Mulvaney is calling for increased enforcement, restricting market expansion, and emphasizing that it is essentially gambling that must comply with relevant laws. Meanwhile, some lawmakers are pushing for stricter regulations, especially targeting certain controversial prediction events. The prediction market industry is actively countering, arguing that current regulations should be overseen by the CFTC, and that the industry is still growing rapidly, exploring new product models to expand market influence.

WAR (WAR) 24-hour increase of 51.50%

Gate News Bot Message, March 3rd, according to CoinMarketCap data, as of press time, WAR (WAR) is currently trading at $0.03, up 51.50% in the past 24 hours, with a high of $0.03 and a low of $0.01. The 24-hour trading volume reached $17.7 million. The current market capitalization is approximately $28.1 million, an increase of about $9.54 million from yesterday. ### WAR recent important news: 1️⃣ **Geopolitical Tensions Rise, Driving Predictive Trading Activity** The conflict between Iran, the United States, and Israel continues to escalate, sparking global market concern over geopolitical risks. This event has triggered widespread predictive trading activity in the crypto derivatives market, with investors hedging their portfolios by betting on related risk events. Such event-driven trading activities often lead to increased volatility in the related cryptocurrencies.