Crypto markets trade $560M in 24 hours, up 26%, as politics volume keeps sliding after the midterms
No new platform headline in the last 30 minutes changes the picture — news search recirculated only items already carried or held out on Nov. 5 and Nov. 6 — so this…
Kalshi’s long-dated legislation markets put an Onion Futures Act repeal before 2030 at 29.5c and a Texas state income tax before 2030 at 23.5c in the supplied snapshot, dated Nov 6, 2026 · 7:54 AM ET.
Two policy outcomes, different prices
The repeal contract stood 6 cents above the Texas tax contract. Both concern legislative outcomes before 2030, rather than an immediate policy decision.
The supplied summary identified no new platform headline in the preceding 30 minutes that changed the picture. Its news search returned only material already carried or held out on Nov. 5 and Nov. 6.
No source links or full reporting accompanied the snapshot. The available material therefore establishes the quoted prices, but does not explain their drivers or show whether either contract had recently moved.
What it means for prediction markets
- Relative pricing: The Onion Futures Act repeal contract was priced above the Texas state income tax contract, with both below 30 cents.
- Limited catalyst evidence: The summary offers no fresh platform headline to connect to these prices; it does not establish that legislative developments were absent.
- Snapshot, not trend: Without earlier prices or supporting reporting, the figures cannot establish a change in market expectations.
Sources & attribution
- Published
No external source was credited on this story.
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to the publisher”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.
Related
- Kalshi's newest next-presidential-election winner contracts price Rand Paul and Marjorie Taylor Greene at 0.1% each, on $25K and $33K traded
- Iowa reaching the College Football Playoff before the 2030 season is priced at 55.5c on Kalshi, on 1,110 contracts traded in 24 hours
- Los Angeles L is priced at 59c on Kalshi for its November 6 game against Portland, up 2c in 24 hours, on 97K contracts traded
- Companies markets trade $231K in 24 hours on DeFi Rate's category table, up 159%
- Georgia leads Kalshi's College Football National Championship market at 22%, ahead of No. 1-ranked Miami at 15%, while No. 3-ranked Utah sits at just 2%
- BetBoom Team is now priced at 65% on Polymarket in its Counter-Strike match against FURIA, on $525K traded in 24 hours