CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets
A judge stayed the CFTC’s civil case against a soldier who allegedly used nonpublic information for a Polymarket bet, but the regulator is trying to weigh in…
Bitcoin has beaten stocks and gold over six months. Now it’s closing in on $80,000.
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department’s plans to…
Gemini plans to distribute crypto prediction markets through Apex brokerages
The proposed deal would make Gemini the exclusive venue for crypto event contracts offered through Apex’s FCM, expanding its predictionmarket reach to…
Bernstein sees new USDC growth cycle, sets $140 Circle price target
USDC supply increased by roughly $2 billion in seven days, with Bernstein citing higher transaction activity and several factors that could support further…
SpaceX plans to put Nvidia-powered AI satellites in orbit next year
Elon Musk’s company now plans to launch orbital data centers by the end of next year. Source:MarketWatch
Bitcoin nears $80,000, but analysts say the next pullback will be key
Analysts say consolidation could strengthen bitcoin’s rally, while thin trading above $80,000 may set up sharper price moves. Source:CoinDesk
Coinbase-affiliated advocacy group endorses candidates for US midterms
With just over two months until the US general election, Stand With Crypto announced its pick for politicians in its efforts to “elect the most procrypto…
Coinbase tokenized stocks go live on Base with Chainlink price feeds
Coinbase’s B20 equities bring stocks including Apple and Nvidia onchain, allowing eligible nonUS users to trade them 24/7 and use them across DeFi.…
Trump’s Canada trade war could lead the U.S. back to quantitative easing
That’s good for gold, stocks and long bonds. Eventually. Source:MarketWatch
Here’s how overvalued the stock market really is
Valuations today are so stretched that it may not take much more straw to break the camel’s back. Source:MarketWatch
Trump suggested states should fund Medicare — which would weaken the program and put Americans at risk
A statebased financing system would introduce a new layer of uncertainty Source:MarketWatch
Bitcoin price hits $80K as 24-hour crypto short liquidations pass $220M
As BTC tops $80,000 for the first time since May, price analysis warns that the market still needs to sustain higher levels to challenge the bearmarket thesis.…