Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket
The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according to a Financial Times report.…
Binance withdraws Greek MiCA bid but vows to remain in Europe
The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.…
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital
South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering. Source:CoinDesk
Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open
The price of crude oil is tumbling, and U.S. stock futures are moving higher. Source:CoinDesk
Bitcoin could crash to $48,000, if this historical pattern is triggered
A pattern stretching back to bitcoin's earliest days has held through every market cycle. It has yet to be tested in the current one. Source:CoinDesk
Summer of crypto (regs): State of Crypto
Lawmakers are debating taxes, the CFTC put out a prediction market proposal and court cases are heating up. Source:CoinDesk
Aerodrome is turning liquidity into a prediction market with its biggest upgrade yet
The concept, called Predictive Allocation, will encourage participants to anticipate where liquidity will be needed next, instead of rewarding them for…
SEC's big swing to clear tokenization path isn't likely to get resilience of full rule
Former SEC lawyers say that using its power to grant tokenization "innovation" efforts an exemption from securities law isn't as strong as a fullfledged rule.…
Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion
Not all crypto exchange executives agree, but the data does not lie: centralized exchange trading volumes dropped more than 11% to $4.61 trillion, their lowest…
Crypto’s next billion-dollar hacker may move at superhuman speed
Anthropic’s new Claude Fable 5 puts powerful cyber tools behind safety filters. DeFi, already hit by more than $840 million in hacks this year, is one of the…
Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve
The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles will test which version of…
Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.
O’Connor argues that crypto’s clearest success story has scaled as money but not as capital. Source:CoinDesk