- Kalshi now allows Bitcoin deposits through Zero Hash, aiming to attract more users from the growing Web3 and crypto community.
- Predictions suggest more global banks and even governments could embrace Bitcoin as regulations become more favorable in 2025.
There is interesting news for those of you who like to play predictions and hold Bitcoin. Kalshi, a popular prediction market platform in America, has just announced that they are now accepting deposits in the form of Bitcoin (BTC). So, it’s not just the USDC stablecoin that you can use, but also Bitcoin.
This decision has clearly attracted many people in the crypto community. Just imagine, if usually deposits have to be made via dollars or stablecoins, which feel more complicated, now you can directly transfer BTC from your personal wallet. After the BTC is entered, the conversion process to US dollars will be handled automatically by Zero Hash. Practical, right?
Fund your Kalshi account with Bitcoin, trade on anything.
Powered by @ZeroHashX pic.twitter.com/3PsCBUfMeO
— Kalshi (@Kalshi) April 9, 2025
Bitcoin-Based Prediction Market Trends
The Bitcoin-based prediction market trend is indeed on the rise. At Kalshi itself, contracts that allow users to bet on Bitcoin price fluctuations per hour have recorded a transaction volume of up to $143 million.
These traders are quite serious, aren’t they? Funnily enough, Kalshi also made unique bets such as predicting President Trump’s policy on the National Bitcoin Reserve. Unique, serious but also a little weird!
Kalshi’s collaboration with Robinhood last March even caused Robinhood’s shares to rise by around 8%. This shows that the prediction market is not just a game, but is really starting to be noticed by big investors.
Institutional Adoption May Arrive Sooner Than Expected
On the other hand, Kalshi’s decision to accept Bitcoin is actually in line with a growing global trend. At the Paris Blockchain Week event some time ago, Eric Turner from Messari and Thomas Eichenberger from Sygnum Bank predicted that in the second half of 2025, big banks will start providing Bitcoin-based services. Their reason is simple: regulations are starting to be friendly.
Furthermore, Fidelity recently reported that more and more central banks and governments are expected to buy Bitcoin as a strategic reserve. Interestingly, their reason is not just an ordinary investment, but as a step to anticipate inflation and diversify the country’s reserves.
Bitcoin as a Financial Solution for Companies
Not to be left behind, activist investors are also starting to push big companies that are under financial pressure to dare to enter Bitcoin. Strive Asset Management CEO, Matt Cole, even openly asked GameStop to hold Bitcoin as an instant way to polish its finances. Will GameStop listen?
CNF previously reported that institutional Bitcoin purchases surged dramatically in the first quarter of 2025 due to inflation concerns, changes in accounting standards, and corporate reserve strategies. Coupled with geopolitical tensions and ongoing tariff wars, Bitcoin is increasingly attractive as a hedge against market volatility.
Latest BTC Price Movements
In terms of price, in the last 24 hours alone, BTC has been recorded to have increased by around 5.2% with the current price perched at around $81,747. Daily trading volume has reached $70.80 billion with a market cap of around $1.6 trillion.
Back to Kalshi, this strategy of accepting Bitcoin can be said to be smart, because they are now getting closer to a community that really likes everything that is simple, fast, and digital.
