Gemini’s Prediction Market: 50 States, 1 Clickbait Title 🚀

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Gemini, that paragon of innovation, has launched its very own prediction market platform, Gemini Predictions. Now available in all 50 states-because who doesn’t want to bet on the weather, the stock market, or whether your neighbor’s cat will win a Nobel Prize? 🐱🔬

According to the company’s recent statement (which, let’s be honest, is just a fancy way of saying ‘we’re trying to get rich’), users can now take positions on everything from election outcomes to economic data releases. Because nothing says ‘I’m a serious investor’ like betting on whether the economy will crash or not. 📉📈

‘Introducing Gemini Predictions, now live across all 50 US states 🇺🇲’-because nothing says ‘we’re trustworthy’ like a company that’s now in every state, including the ones where people still think the Earth is flat. Users can trade on real-world events with near-instant execution and full transparency. Or as we call it, ‘we’ll let you lose money as fast as possible.’

Gemini said it will charge no trading fees during an initial promotional period. Because nothing says ‘we’re a great business’ like giving away money. The move could help attract early participation and liquidity. Or, as we like to call it, ‘we’re trying to get you to lose money before we start charging you.’

The rollout comes just days after the Commodity Futures Trading Commission (CFTC) granted Gemini approval to operate in the US prediction markets space. Because nothing says ‘we’re serious’ like getting a government stamp of approval. 🎯

The approval is a major step for the exchange as it continues to expand its product offerings amid a more crypto-friendly regulatory tone in Washington. Because nothing says ‘we’re here to stay’ like a government that’s finally decided to stop trying to kill us. 🙌

Gemini Expands After Regulatory Greenlight

Under the Trump administration, Gemini resolved prior legal disputes with the SEC over its Gemini Earn program. Because nothing says ‘we’re compliant’ like a company that’s been in trouble with the SEC. It also began trading on the Nasdaq in September. Because nothing says ‘we’re legitimate’ like being on the same exchange as a bunch of old-timey stocks. 📈

According to past reports, Gemini is considering the introduction of crypto futures, options, and perpetual contracts in the US. Because nothing says ‘we’re innovative’ like offering more ways to lose money. 🚀

However, no formal timeline has been announced. The prediction market launch seems to be under the company’s wider effort to present itself as a full-service platform. Or, as we like to call it, ‘we’re trying to be everything to everyone, even if that means being a little bit of everything.’

Prediction Markets Gain Momentum

Gemini’s entry follows strong growth across the prediction market sector. Last month, combined trading volumes on Kalshi and Polymarket reached nearly $10 billion. Because nothing says ‘we’re booming’ like a market where people bet on everything from politics to the weather. 🌦️🗳️

Kalshi has reported weekly volumes above $1.8 billion in November. Polymarket recorded more than $3 billion in monthly volume in October. Because nothing says ‘we’re successful’ like a market that’s doing more business than a mall on Black Friday. 🛍️💰

Exchange giants such as Coinbase are working on their own prediction market products. Binance co-founder Changpeng Zhao recently backed a new BNB Chain-based prediction market, Predict.fun. Because nothing says ‘we’re ahead of the curve’ like a crypto guy betting on a prediction market. 🚀

This renewed momentum follows years of regulatory uncertainty. Many platforms had previously paused or limited US operations following enforcement actions in 2022. Because nothing says ‘we’re resilient’ like a market that’s been through the wringer and is still standing. 🛡️

However, the CFTC recently offered relief from certain swap reporting requirements and eased compliance pressure on service providers. Because nothing says ‘we’re supportive’ like a government that’s finally decided to stop making things harder. 🎉

Earlier in December, a judge temporarily halted cease and desist orders issued by Connecticut regulators against prediction market platforms. Because nothing says ‘we’re protected’ like a court that’s finally decided to give us a break. 🧑‍⚖️

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2025-12-16 18:24