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ChainCatcher news, according to Bloomberg, the crypto projects promoted by the Trump family have suffered heavy losses, with declines far exceeding those of mainstream assets such as bitcoin. On Tuesday, American Bitcoin, a crypto mining company co-founded by Eric Trump, plummeted 50% in a single day, and has fallen 75% from its peak. The World Liberty Financial token (WLFI), co-founded by President Trump and his son, has dropped 51% from its early September high; Alt5 Sigma, promoted by Trump’s son, has plunged about 75%; memecoins named after the President and his wife Melania have fallen about 90% and 99% respectively from their January highs. In comparison, bitcoin has only declined about 25% over the same period. Hilary Allen, a law professor at American University, pointed out that the Trump family’s crypto projects have depreciated rapidly and failed to bring the expected legitimacy to the industry. The collapse of these projects has reduced the Trump family’s wealth by more than 1 billion dollars, and has also shaken market confidence in crypto assets and the President himself.

ChainCatcher reports that prediction market platform Kalshi has announced it will become CNN's official prediction market partner, with its real-time probability data integrated into CNN's news programming, led by Chief Data Analyst Harry Enten. CNN will receive real-time data support from Kalshi on the probabilities of future events in politics, culture, and more, and will launch real-time information tickers based on Kalshi data in relevant segments. Kalshi stated that its platform has become an important tool for politicians, media organizations, and financial markets to observe future events. Previously, competitor Polymarket also stated on CBS's "60 Minutes" that prediction markets are "the most accurate forecasting tool currently available to humanity." The combined total trading volume of both platforms has exceeded $45 billion, and institutions such as Google Finance, Yahoo Finance, Robinhood, and ICE have all begun collaborating with prediction market platforms. Despite increasing mainstream acceptance, the prediction market industry still faces regulatory controversy. Kalshi was recently hit with a nationwide class-action lawsuit in the US, accused of providing sports betting services without a gambling license and misleading consumers.