The prediction markets co-founder said that the company would “abide by court decisions“ but signaled that the charges were based partly on political bias and media attention. Tarek Mansour, co-founder and CEO of prediction markets platform Kalshi, has pushed back against criminal charges filed by Arizona authorities this week, claiming that they were a “total...Continue Reading
The effect on energy prices from the Iran war will impact the economy, but the size and scope of the macroeconomic shock are still unknown. The Federal Reserve Open Market Committee (FOMC) announced on Wednesday that it would hold the Federal Funds rate steady at 3.5-3.75%, as it monitors macroeconomic impacts from the ongoing war...Continue Reading
Paul Atkins says nonfungible tokens are typically collectibles, not investment contracts, as the agency outlines new categories of digital assets outside securities laws. After the US Securities and Exchange Commission (SEC) outlined four broad categories of digital assets that fall outside securities laws, Chair Paul Atkins offered further clarity on why nonfungible tokens (NFTs) generally...Continue Reading
The fourth round of reimbursements to creditors and former clients of the failed crypto exchange since February 2025 brings the total paid to about $10 billion. The FTX Recovery Trust, which oversees the distribution of funds to creditors and former customers of the failed crypto exchange, announced on Wednesday that it will distribute $2.2 billion...Continue Reading
The Crypto Fear and Greed Index just ended a 48-day stretch in the “extreme fear” zone, signalling improving sentiment among investors. Will fresh capital inflows reignite the bull market? The Crypto Fear & Greed Index remained at 26 on Wednesday, after rising to 28, a day earlier, ending the indicators’ 48-day stretch in the “extreme...Continue Reading
Bitcoin’s pre-FOMC sell-off eased as the US Federal Reserve’s choice to leave interest rates unchanged was followed by a swift bounce in BTC price. Bitcoin’s (BTC) bullish start to the week faced a halt on Wednesday, as BTC dropped 3.4% to $70,900 alongside an overarching sell-off in US stocks. The correction followed a hotter-than-expected Producer...Continue Reading
Author and personal finance educator Robert Kiyosaki says Bitcoin is going to $750,000, but there’s a catch. Key takeaways: Robert Kiyosaki’s $750,000 Bitcoin target implies a 95% discount versus gold, which is lower than the 2024 peak. $750,000 Bitcoin might not be that significant if daily expenses, housing and energy rise in like kind. Read...Continue Reading
The new derivative allows eligible non-US users to trade leveraged exposure to the index around the clock using official data on a decentralized platform. S&P Dow Jones Indices has licensed its S&P 500 Index to Trade[XYZ] for the launch of a perpetual futures contract on Hyperliquid, in what the company described as the first officially...Continue Reading
After the Kingdom of Bhutan’s BTC reserve peaked in October 2024, when it held more than 13,000 coins, it has been pared to just 4,400 Bitcoin. The Kingdom of Bhutan has transferred over $72.3 million in Bitcoin (BTC) from its wallets over the last 24 hours, as it continues to sell portions of its holdings....Continue Reading
BTC price is vastly outperforming the tech-heavy Nasdaq index amid the US–Iran war, but its risks of crashing toward $51,000 persist. Bitcoin (BTC) broke its longstanding correlation with tech stocks as the US–Iran war dragged into its third week. Key takeaways: Bitcoin is outperforming tech stocks amid the US–Iran war, indicating its growing demand as...Continue Reading
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