News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →NEXTPredict Founder: 'Nobody Was Serving' Prediction Markets' Enormous Audience
<span>Prediction markets have exploded into the mainstream media, with odds now regularly quoted on cable news, in wire copy and in equity research notes.</span> <span>That’s why </span><a href="https://nextpredict.io/summits/the-worlds-prediction-markets-summit/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">><span>NEXTPredict</span></a><span>, which runs on October 22 and 23 at Convene, Hudson Yards in New York, has put working reporters on the program rather than in a press room behind it. </span><i><span>CNBC</span></i><span> correspondent Contessa Brewer and </span><i><span>CNN</span></i><span> senior reporter Marshall Cohen were</span> <a href="https://www.globenewswire.com/news-release/2026/08/19/3347708/0/en/experts-from-robinhood-microsoft-research-binance-us-cnn-and-cnbc-join-nextpredict-october-summit.html" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow"><span>added</span></a><span> in August, booked around the midterms. Organizers expect more than 50 speakers and 2,500 attendees, “bringing the category to broader audiences,” in the words of </span><a href="http://next.io" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">><span>NEXT.io</span></a><span> co-founder and managing director Pierre Lindh.</span> <span>Prediction market stories are serious news that ordinary readers actually want, Lindh</span> <a href="https://www.predictcentr.com/must-read/nextpredict-pierre-lindh-kalshi-hedge/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">><span>told</span></a><span> PredictCentr in August, reaching an audience far larger than the iGaming trade he came from, and "nobody was serving it with real journalistic standards."</span> <span>The summit programme was built the same way. A “healthy part” of the main stage had to carry content national broadcasters would send a crew for, he said, because "B2B panel content does not move a national desk." The media plan has since grown from 50 passes to between 100 and 200. </span> <span>With the midterms dominating the headlines around prediction markets while the agenda’s focus is on market structure, he concedes that there’s a dichotomy at play, noting that, “the story that gets the summit on air is not the story delegates are paying to be in the room for, and both have to be true at the same time.”</span> <span>While the category has mainstream distribution, there’s a gap between media presence and the actual user base of prediction market platforms.</span> <span>Polymarket’s monthly active users sit around 283,300,</span> <a href="https://tokenterminal.com/explorer/projects/polymarket/metrics/user-mau" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">><span>measured</span></a><span> by Token Terminal as unique addresses making a revenue-generating transaction, down from a peak above 750,000 in the spring. Acquisition spikes around events—but participation does n
Vitol CEO: There is not much room left to draw down oil inventories in the West.
Bitcoin World news, Vitol CEO: Western oil inventories have little room left to be drawn down.
Goldman Sachs: Diesel prices will remain elevated through 2027.
Goldman Sachs: Diesel prices will remain elevated through 2027. Goldman Sachs said diesel prices may stay high through 2027 due to limited refining capacity, combined with recovering demand from governments and companies seeking to rebuild depleted inventories. Nikhil Bhandari, co-head of Asia-Pacific natural resources research at Goldman Sachs, said, "Refined product prices need to be kept at a sufficiently high level to ensure that some degree of demand suppression continues next year," in order to prevent demand from exceeding what refining capacity can bear. Goldman Sachs expects that in 2027, the global diesel and jet fuel crack spread—the premium of refined products over crude oil—will average above $40 per barrel, more than double the normal level. Bhandari said, "If there is any rebound in demand next year, we believe the capacity utilization rate of the global refining system will have to rise to the highest level in the past 20 years."
MyNearWallet will cease services on October 31, and users need to migrate their assets.
CoinWorld news: NEAR Protocol has announced that MyNearWallet will cease services on October 31, and users need to migrate their assets to the official portal. The official recommendation is for users to first conduct a small test transaction; deposit addresses are for one-time use, so migrate one asset at a time and wait for completion, and keep MyNearWallet recovery information until all balances have arrived in the new account. MyNearWallet is a web-based non-custodial wallet for NEAR Protocol.
Vitol Group CEO: A large portion of the oil transported through the Middle East does not have AIS turned on.
According to CoinWorld news, the CEO of Vitol Group: a large portion of the oil transported through the Middle East does not have AIS turned on.
U.S. index options volume was 7,249,488 contracts.
CoinWorld US stock data: US index options volume was 7,249,488 contracts, of which 3,890,213 were calls and 3,359,275 were puts.
Vitol Group CEO: Western oil inventories are not particularly high.
According to CoinWorld news, the CEO of Vitol Group: Western oil inventories are not plentiful.
Vitol Group CEO: 10 million to 14 million barrels of oil need to be exported from the Middle East every day.
According to CoinWorld news, the CEO of Vitol Group stated that the market needs 10 to 14 million barrels of oil per day exported from the Middle East to remain stable; otherwise, inventories will be depleted.
Some early users deleted their personal AI assistants due to privacy concerns.
According to news from Bijie, some early users have deleted their personal AI assistants due to privacy concerns and security issues. Although these assistants can save time and money, the broad access permissions they require make some users uneasy. User Guto Martino said he deleted Instinct because he was unsure how the company handles his information. Other users reported that AI assistants accessed sensitive information without consent. Despite some users being cautious about AI assistants, Meta's Muse still attracted more than 3 million weekly users.
Vitol CEO: 14 million barrels of crude oil supply per day is crucial.
According to CoinWorld news, the CEO of Vitol Group stated that a daily supply of 14 million barrels of crude oil is crucial to suppressing prices and ensuring consumers have access to products.