Author Archives: pdgweb

Kalshi has joined predictions market rival Polymarket in the $10 billion-plus valuation club after reportedly raising another $1 billion from Sequoia Capital and CapitalG. Read More at https://cointelegraph.com/news/kalshi-11-billion-valuation-after-latest-funding-round?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

One of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals. Read More at https://cointelegraph.com/news/ftx-prosecutor-deal-ryan-salame-michelle-bond?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The slated roundtable discussion comes as privacy experiences a renewed focus from crypto industry executives and civil liberties activists. Read More at https://cointelegraph.com/news/sec-hold-privacy-financial-surveillance-roundtable-december?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ether treasury companies are holding millions of dollars in unrealized losses, and the falling mNAV valuations and ETH’s potential to fall below $2,500 may further complicate matters. Read More at https://cointelegraph.com/news/eth-dats-have-a-problem-ether-s-crash-below-dollar3k-vaporized-a-year-s-worth-of-gains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Numerai’s NMR token jumped over 40% after it announced a new funding round led by major university endowments, pushing the hedge fund to a $500M valuation. Read More at https://cointelegraph.com/news/numeraire-token-university-endowment-backing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Acting CFTC Chair Caroline Pham may be one step closer to leaving the agency after the Senate Agriculture Committee advanced US President Donald Trump’s pick to replace her. Read More at https://cointelegraph.com/news/michael-selig-cftc-chair-nomination-committee-vote?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Solana’s newly launched ETFs continued to attract heavy inflows, but a weakening market structure threatens a deeper correction to $120 for SOL price. Read More at https://cointelegraph.com/news/solana-etf-inflows-soar-when-will-sol-price-follow-the-trend?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Tax revenue denominated in Bitcoin would be funneled into the US strategic BTC reserve and would not trigger a taxable event for the payer. Read More at https://cointelegraph.com/news/us-lawmaker-bill-federal-taxes-pay-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Already convicted of one felony charge and facing a possible retrial on two others, the Tornado Cash co-founder’s future is uncertain. Read More at https://cointelegraph.com/news/crypto-advocacy-groups-donald-trump-roman-storm-retrial?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin weakness persists as the BTC price drops to $86,000, alongside a US stock market sell-off and diminishing odds of a 50-basis-point Fed interest rate cut at the next FOMC. Read More at https://cointelegraph.com/news/bitcoin-stocks-crumble-after-nvidia-earnings-and-fed-uncertainty-over-next-rate-cut?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound