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Crypto
World Cup to boost prediction markets; Bernstein sees $10 billion in volume
The 2026 FIFA World Cup could generate about $3 billion in additional trading volume in prediction markets, according to an outlook cited by Coinpost. Investment bank Bernstein estimates the expanded tournament could lift total sector betting by up to $10 billion. It said Kalshi leads platforms by volume, while DraftKings may be the biggest beneficiary. It also pointed to crypto-linked operators and projected strong long-term growth for prediction markets.
Crypto
Altcoins Stable, HYPE and Rain near record highs ahead of June
Stable, Hyperliquid’s HYPE and Rain are drawing attention as altcoins that could retest record highs in June, supported by catalysts such as a service launch, spot ETF inflows and a burn-based token structure. All three are nearing prior peaks and approaching key technical turning points, with early to mid-June seen as crucial. Markets are watching Stable’s breakout level, a major HYPE token unlock and whether Rain’s prediction-market growth holds.
Crypto
Zerohash seeks new funding at higher valuation after Mastercard investment collapses
Mastercard has withdrawn plans to invest in cryptocurrency infrastructure company Zerohash. A recent CoinDesk report said Mastercard’s $1.8 billion acquisition of UK stablecoin infrastructure company BVNK appeared to have influenced the decision. Mastercard had been considering a strategic investment even after Zerohash signaled it would go its own way in January. Zerohash is now pushing a new funding round at a higher valuation than before.
