Kalshi in advanced talks to raise new funding at $40B valuation: Reuters

Crypto Insight Summary: The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Prediction market funding has minimal direct impact on crypto markets.