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Financial News

Bitcoin consolidates near $86,000 as rally and bitcoin cash jumps 32%

Bitcoin consolidates near $86,000 as rally and bitcoin cash jumps 32%

3 weeks ago by Crypto InsightsCrypto

Bitcoin is consolidating on Wednesday after an explosive breakout on Monday, trading at $86,379 in the European morning, up 0.24% since midnight UTC and 1.3% over 24 hours as daily trading volume dips by 36% to $38 billion. Beneath the surface the rally has narrowed… Read More

U.S. regulator warns about cheating risks in ‘mention markets’ on prediction platforms

U.S. regulator warns about cheating risks in ‘mention markets’ on prediction platforms

3 weeks ago by Crypto InsightsCrypto

Popular betting on what an individual might say or do, known as “mention markets,” pose some special dangers in the eyes of the U.S. regulator overseeing prediction market firms such as Kalshi and Polymarket. An advisory issued by the Commodity Futures Trading Commission (CFTC) on… Read More

Crypto market structure can’t wait for shot at post-election Clarity Act surge: White House

Crypto market structure can’t wait for shot at post-election Clarity Act surge: White House

3 weeks ago by Crypto InsightsCrypto

Meanwhile, GENIUS However, last year’s crypto legislative success in converting the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law is still an ongoing focus of the Treasury and banking regulators assigned to implement it. Pettit, who had a hand in creating… Read More

Kalshi’s bitcoin, ether perpetual volume is dominated by repeating trade sizes, data shows

Kalshi’s bitcoin, ether perpetual volume is dominated by repeating trade sizes, data shows

3 weeks ago by Crypto InsightsCrypto

That recurring $5,499 dollar target remained nearly stable even as the number of contracts required to reach it changed with ether’s price. Ether rose from around $1,700 to $2,500 between June and September, forcing the number of contracts in each trade to keep changing while… Read More

Whitehats move 52 bitcoin from the Coldcard hack to a recovery trust

Whitehats move 52 bitcoin from the Coldcard hack to a recovery trust

3 weeks ago by Crypto InsightsCrypto

“Whitehat operators” have moved 52.37 BTC to an address linked to a newly formed recovery trust, as part of the ongoing fallout from July’s Coldcard hardware wallet exploit, according to Galaxy Digital’s Head of Research Alex Thorn. The Coldcard crypto hardware wallet hack began on… Read More

Crypto’s Fairshake repeats history with $30 million to oppose Sherrod Brown Senate bid

Crypto’s Fairshake repeats history with $30 million to oppose Sherrod Brown Senate bid

3 weeks ago by Crypto InsightsCrypto

At the moment, polling conducted this month of 1,000 likely Ohio voters showed 48% support Brown and 45% are backing the Republican incumbent, Senator Jon Husted. And betting on Polymarket has Brown at a 57% likelihood to win. Asked for comment on the Fairshake spending,… Read More

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