CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sportsrelated prediction markets. Source:CoinDesk
Health insurers are dumping Medicare Advantage plans. Here’s how many seniors could be affected.
Older adults could be scrambling for new health coverage next year, especially in rural markets that have fewer insurance choices. Source:MarketWatch
Coinbase-backed Flowdesk secures full broker-dealer license in Dubai
Flowdesk’s VARA approval follows its MiCA authorization in France as crypto firms build regulated operations across major global markets. Source:Cointelegraph
Nasdaq to acquire LeveL Markets in push toward ‘always-on’ markets
Nasdaq’s acquisition of the thirdlargest US alternative trading system comes as the exchange operator expands into tokenized securities and longer trading…
Bitcoin drops to one-week low as retail buys gold at highest prices since June
Bitcoin price action sank to oneweek lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.…
Bitcoin-backed lending is entering its institutional era: Two Prime
Public companies are increasingly borrowing against their bitcoin holdings to fund acquisitions and capital spending without selling the asset. Source:CoinDesk
Bitcoin sell pressure ‘closer to exhaustion’ after $4B USDT market-cap drop: CryptoQuant
Bitcoin analysis suggested that sell pressure would not increase given the historically large contraction in USDT market cap over a 60day period.…
Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1
The Strait of Hormuz relief trade unraveled after Trump demanded 50 years of Iranian compensation, pushing oil back to $89 and leaving crypto and equities…
Software stocks break away from bitcoin: What the rare divergence means for crypto
IGV’s rebound is reshaping a relationship it held with bitcoin for years, but history suggests bitcoin could still catch up. Source:CoinDesk
A $2 trillion asset class is getting a new blockchain rail
ADI Chain and Shipfinex are partnering to tokenize commercial ships, aiming to open the $680B shipfinance market to wider capital pool. Source:CoinDesk
Judge stays CFTC’s case against US solider over prediction market bets
A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on…
2 charts showing just how insane the stock market’s August ‘crash-up’ has been so far
Many investors were caught flatfooted when stocks suddenly jerked higher late last month, as a dramatic July momentum unwind ended with a hint of optimism.…