The post Prediction markets see government shutdown lasting nearly two weeks appeared on BitcoinEthereumNews.com. A view of the U.S. Capitol is seen at sunset on September 30, 2025, in Washington, DC. Mehmet Eser | Afp | Getty Images Traders in prediction markets are betting that the U.S. government shutdown could drag on for nearly two weeks, with odds rising that Congress will not reach a deal until at least mid-October. On Kalshi, a federally regulated prediction market, the current forecast implies the stoppage will last 11.1 days, up sharply in recent days as negotiations on Capitol Hill have stalled. Zoom In IconArrows pointing outwards On Polymarket, traders see the highest likelihood that the government won’t reopen until Oct. 15 or later, with that outcome carrying about a 38% probability. By comparison, odds of a resolution in the Oct. 6-9 window stand at 23%, while Oct. 10-14 carries 22%. Only 14% of traders expect lawmakers to strike a deal in the coming days, between October 3–5. Zoom In IconArrows pointing outwards The full shutdown began early Wednesday morning after top Democrats and Republicans, including President Donald Trump, failed to agree on a short-term deal to keep the government funded. It sets the stage for the furlough of hundreds of thousands of federal workers and the shuttering of a slew of key programs and services. The length of a government closure matters as a longer-than-normal stoppage could weigh on an already fragile economy and put pressure on a stock market near record highs. Government shutdowns on average last about 14 days, based on data from Bank of America going back to 1990. And while the S&P 500 has averaged a 1% increase during these events, a prolonged closure this time could rattle markets. Source: https://www.cnbc.com/2025/10/01/prediction-markets-see-government-shutdown-lasting-nearly-two-weeks.htmlThe post Prediction markets see government shutdown lasting nearly two weeks appeared on BitcoinEthereumNews.com. A view of the U.S. Capitol is seen at sunset on September 30, 2025, in Washington, DC. Mehmet Eser | Afp | Getty Images Traders in prediction markets are betting that the U.S. government shutdown could drag on for nearly two weeks, with odds rising that Congress will not reach a deal until at least mid-October. On Kalshi, a federally regulated prediction market, the current forecast implies the stoppage will last 11.1 days, up sharply in recent days as negotiations on Capitol Hill have stalled. Zoom In IconArrows pointing outwards On Polymarket, traders see the highest likelihood that the government won’t reopen until Oct. 15 or later, with that outcome carrying about a 38% probability. By comparison, odds of a resolution in the Oct. 6-9 window stand at 23%, while Oct. 10-14 carries 22%. Only 14% of traders expect lawmakers to strike a deal in the coming days, between October 3–5. Zoom In IconArrows pointing outwards The full shutdown began early Wednesday morning after top Democrats and Republicans, including President Donald Trump, failed to agree on a short-term deal to keep the government funded. It sets the stage for the furlough of hundreds of thousands of federal workers and the shuttering of a slew of key programs and services. The length of a government closure matters as a longer-than-normal stoppage could weigh on an already fragile economy and put pressure on a stock market near record highs. Government shutdowns on average last about 14 days, based on data from Bank of America going back to 1990. And while the S&P 500 has averaged a 1% increase during these events, a prolonged closure this time could rattle markets. Source: https://www.cnbc.com/2025/10/01/prediction-markets-see-government-shutdown-lasting-nearly-two-weeks.html

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more