Kalshi, a prediction market platform, is increasingly being used by traders as a real-time macroeconomic signal tool rather than just a speculative venue. Users are leveraging the platform to track implied probabilities on key economic events, such as Federal Reserve rate cuts and major IPOs, with some markets showing probabilities as high as 97% for Fed cuts and 75% for a SpaceX IPO by 2026. Additionally, Bitcoin price targets on the platform are indicating potential highs of $145,000 by March 2026. The platform's user interface is praised for highlighting market sentiment shifts and trading volumes, allowing users to compare narratives effectively. However, users note that fees can accumulate, particularly for those engaging in frequent trades, emphasizing the importance of strategic position sizing and patience. Kalshi is seen as a valuable research tool, offering insights into emerging probabilities before they are covered by mainstream financial news outlets like CNBC.