US President Donald Trump has backed the Commodity Futures Trading Commission as having the “exclusive authority” over prediction markets, as state regulators’ action against the platforms mounts. “It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive,” Trump posted to his social media platform Truth Social…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bets on the Texas Republican Senate primary runoff topped $16 million in total volume on prediction platform Kalshi, which gave crypto-backed candidate Ken Paxton a 96% chance of defeating incumbent John Cornyn heading into Tuesday’s vote. The Kalshi platform had consistently favored…
Uniswap accounted for 41% of tracked malicious web sites linked to crypto phishing campaigns uncovered by SEAL researchers in March. A faux web site impersonating Uniswap is draining funds from a number of crypto wallets. The distinguished on-chain analyst, pseudonymously generally known as “b-block,” warned that the scammers presently management no less than $400,000 in…
Bitcoin’s (BTC) consolidation continued right into a fourth week, with the worth discovering help at $74,000 and resistance within the $78,000 to $80,000 vary. In accordance with Hyblock analysts, the intra-day rally to $78,164 hit a pocket the place “longs that had beforehand opened up (which are able) have been underwater and sure exited right…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s price action has been rejected at a price level that has acted as resistance and support in the past five years. This macro resistance level that has defined Bitcoin’s price ceiling for almost five years has once again turned back the…
A number of Bitcoin mining shares rallied Tuesday, reflecting a broader fairness surge pushed by optimism round synthetic intelligence productiveness good points as extra miners pivot towards AI and high-performance computing workloads. Along with TeraWulf (WULF), which rallied by as a lot as 17% on information of a Kentucky information middle acquisition website, Hut 8…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP could create enormous wealth for long-term holders if institutional adoption and global liquidity demand expand the way some market analysts expect. That was the message pushed by crypto commentator Remi Relief, who argued that future XRP valuations could become large enough…
Some market watchers have argued that current bond yields may compete directly with BTC for institutional capital. Michael Saylor announced this week that Strategy bought back its own convertible bonds rather than adding more Bitcoin, a move that may have seemed puzzling at first but makes sense once you understand the financial logic behind it….
The UK authorities has added cryptocurrency change HTX to its listing of sanctioned entities over its assist of Russia. On Tuesday, UK authorities said that there have been “cheap grounds to suspect” HTX, previously Huobi World, has been supporting Russia’s authorities by way of monetary providers and funds facilitated by the A7 Restricted Legal responsibility…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP is still capped by ongoing volatility in the market, limiting its price below the $1.40 level, but its market dynamics are beginning to experience a crucial change. This shift in dynamics is currently being reflected in the Whale Vs Retail Delta,…
