The judge said Kalshi’s event contracts are indistinguishable from sports betting, supporting the state’s position that the platform requires a gaming license. Read More at https://cointelegraph.com/news/nevada-judge-extends-kalshi-ban-unlicensed-gambling-ruling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Prediction markets are testing legal limits in strict Asian markets
Prediction markets are expanding into Asia’s largest economies, but unclear legal definitions and strict gambling laws may limit how far they can go. Read More at https://cointelegraph.com/news/prediction-markets-testing-legal-limits-asia?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin shorts risk $2.5 billion liquidation at $72K: Are bears in danger?
Bitcoin is poised for a reversal if ETF demand returns or a ceasefire occurs, potentially crushing short sellers in a massive price squeeze. Read More at https://cointelegraph.com/news/bitcoin-shorts-risk-2-5-billion-liquidation-72k-are-bears-in-danger?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polymarket takes down market on missing US pilot after backlash
Polymarket cited “integrity standards” for removing the market but did not specify which rule was broken, drawing scrutiny from users who questioned how its policies are applied. Read More at https://cointelegraph.com/news/polymarket-removes-missing-us-pilot-market-backlash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Rich Bitcoin traders lost $337M daily in first quarter of 2026
Bitcoin whales and sharks have locked in $30.9 billion in BTC losses this year, resembling the 2022 bear market, as onchain data points to continued downside risk. Read More at https://cointelegraph.com/news/rich-bitcoin-traders-lost-337m-daily-first-quarter-2026?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether may delay fundraising if demand falls short at $500B valuation: Report
The $500 billion valuation would put Tether ahead of every US bank except JPMorgan Chase, surpassing Bank of America and placing it among the world’s largest financial firms. Read More at https://cointelegraph.com/news/tether-may-delay-fundraising-500b-valuation-demand-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s ‘no direction’ action may lead to heavier breakout: Analyst
The longer Bitcoin’s price stays flat, the bigger the move up could eventually be, according to a crypto analyst. Read More at https://cointelegraph.com/news/bitcoin-price-direction-consolidation-breakout-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs ‘will be larger’ than gold ETFs: Analyst
Bitcoin ETFs offer more use cases for the average investor’s portfolio than a gold ETF does, according to ETF analyst James Seyffart. Read More at https://cointelegraph.com/news/bitcoin-gold-etfs-use-cases-analyst-james-seyffart?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Foundation nearly reaches 70,000 staked ETH goal
The non-profit foundation has staked 69,500 ETH, nearly reaching the goal it unveiled at the end of February, less than two months ago. Read More at https://cointelegraph.com/news/ethereum-foundation-nearly-reaches-70000-staked-eth-goal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cambodian lawmakers propose severe prison time for crypto scammers
The draft bill, yet to be signed into law by the king, marked a significant policy change for Cambodia officials in addressing scam centers. Read More at https://cointelegraph.com/news/cambodia-law-prison-crypto-scammers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound