Kentucky has sued Polymarket, Kalshi and Kalshi’s partners Coinbase, Robinhood and Webull, over offering sports event contracts in the state. Read More at https://cointelegraph.com/news/kentucky-sues-kalshi-polymarket-joining-prediction-market-legal-battle?utm_source=rss&utm_medium=rss&utm_campaign=rss
Category Archives: Uncategorized
Tether winds down gold-backed derivative stablecoin aUSDT
Tether is focusing on stronger user demand, deeper liquidity, and broader long-term market opportunity for its leading products. Read More at https://cointelegraph.com/news/tether-winds-down-gold-backed-derivative-stablecoin-ausdt?utm_source=rss&utm_medium=rss&utm_campaign=rss
Crypto market treads thin ice following Warsh FOMC, Trump Iran comments
Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve. Read More at https://cointelegraph.com/markets/crypto-market-tread-thin-ice-following-warsh-fomc-trump-iran-comments?utm_source=rss&utm_medium=rss&utm_campaign=rss
Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act
Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets. Read More at https://cointelegraph.com/news/gaming-organizations-congress-prediction-markets-ban-clarity-act?utm_source=rss&utm_medium=rss&utm_campaign=rss
Crypto-backed GOP candidate wins Alabama Senate runoff with June primaries looming
Several more US states are scheduled to hold primaries next week after one Republican candidate won in Alabama on Tuesday after a crypto company-backed PAC used what it called its “biggest spend of the cycle.” Read More at https://cointelegraph.com/news/crypto-pac-alabama-senate-runoff-june-primaries?utm_source=rss&utm_medium=rss&utm_campaign=rss
Bitcoin capitulation ‘twice as weak’ after spot liquidity turns supportive: Glassnode
Bitcoin’s realized losses fell by 46% as increasing bid-side liquidity points to easing sell pressure. Can bulls push BTC price back above $70,000? Read More at https://cointelegraph.com/markets/bitcoin-capitulation-twice-as-weak-as-spot-liquidity-turns-supportive-glassnode?utm_source=rss&utm_medium=rss&utm_campaign=rss
Blockchain.com deepens onchain stock offerings as tokenized equities market grows
The rollout in collaboration with Ondo Finance broadens access to tokenized traditional assets as demand for onchain stocks and ETFs continues to grow. Read More at https://cointelegraph.com/news/blockchaincom-adds-173-tokenized-stocks-and-etfs-through-ondo?utm_source=rss&utm_medium=rss&utm_campaign=rss
Altcoin selling tops $266B as capital rotates out of crypto: Is altseason extinct?
Altcoin spot demand fell to its weakest level in six years while the stablecoin market cap, stocks and AI industry continued to capture investors’ attention. Read More at https://cointelegraph.com/markets/altcoins-witness-266b-in-selling-at-5-year-high-is-capital-leaving-crypto?utm_source=rss&utm_medium=rss&utm_campaign=rss
Kalshi adds software partner as it looks to boost prediction market surveillance
The collaboration comes as US state regulators and the CFTC battle over oversight of event-based contracts. Read More at https://cointelegraph.com/news/kalshi-partners-with-starcompliance-on-prediction-market-surveillance-tool-for-institutions?utm_source=rss&utm_medium=rss&utm_campaign=rss
US lawmakers warn against presidential pardon for Sam Bankman-Fried
The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds. Read More at https://cointelegraph.com/news/resolution-donald-trump-against-pardon-sam-bankman-fried?utm_source=rss&utm_medium=rss&utm_campaign=rss