Prediction marketplace Kalshi has begun accepting Bitcoin deposits to attract more crypto-native users. The platform, which allows betting on various events such as election outcomes and film ratings, has reported significant interest from crypto traders, particularly in contracts related to Bitcoin's price changes, where trading volume reached $143 million. Kalshi, regulated by the US Commodity Futures Trading Commission, now offers approximately 50 crypto-related event contracts, including predicting price highs and lows for 2025. This addition of Bitcoin deposits follows the earlier acceptance of USDC in October 2024, utilizing ZeroHash for converting crypto deposits to US dollars. Kalshi's expansion into crypto markets comes as the platform earns a reputation for accurately predicting political events, including results of elections, while competing with platforms like Polymarket. As of early April, Kalshi traders continue to speculate on market movements amid a backdrop of regulatory scrutiny.

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