NewsSignals AI analysis·Cointelegraph·Oct 28, 2026

Phantom launches Kalshi-powered prediction markets for US users

Grade Bbullish AI signal$BTC

Phantom has launched Kalshi-powered prediction markets for eligible US users, bringing regulated event-contract trading on crypto prices, sports and real-world events directly into its wallet app. The integration includes Bitcoin price contracts settling every 15 minutes and uses Phantom Cash balances denominated in the CASH stablecoin, while Kalshi handles verification and trade execution. The launch could expand access to crypto-linked prediction markets, although ongoing legal disputes and state-by-state availability restrictions may limit adoption.

Bullish strength: 70/100

Phantom's launch expands access to prediction markets for eligible US users.
Users can trade short-term Bitcoin price contracts settling every 15 minutes.
Kalshi recorded $10.8 billion in crypto contract volume over 30 days, up 19.6% from the previous period.

Bearish strength: 30/100

Ongoing legal disputes over prediction markets create regulatory uncertainty.
Availability varies by state and market category.
The CFTC's no-action relief is subject to certain conditions.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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