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Cryptocurrency

CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets

The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these...

Bitcoin Traders Double Down On Bearish Bets Amid Consolidation – What This Means For Price

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing...

Hyperliquid Whale Shorts Bitcoin, Is A $75K Retest Incoming

Key takeaways:A whale linked to asset manager Fasanara Capital holds a $38 million crypto short position, but will it impact Bitcoin’s price?Negative futures funding rates at Binance and Bybit point to unusual demand for bearish positioning despite BTC’s recent...

U.S. CFTC adds New York to string of states its suing to stop prediction market pushback

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms.Earlier this week, New York sued Coinbase and...

Bitcoin Is Existing Exchanges At An Alarming Rate, But How Are BTC Investors Faring In Terms Of Profit?

Bitcoin’s exchange reserves have been dwindling massively in recent days. Coins are moving off exchanges at a steady pace, removing available supply ready for purchase.  Recent on-chain data from CryptoQuant shows that Bitcoin balances on exchanges continue to decline and...

China’s new online marketing rules tighten ban on crypto promotions

China’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and the UK. Source link

BTC price, U.S. dollar move in near-perfect opposition. It hasn’t been this extreme in almost 4 years.

For bitcoin BTC$78,187.18 traders, the direction of the Dollar Index (DXY), a measure of the greenback's strength against a basket of other currencies, hasn’t mattered this much in nearly four years.That’s because the 30-day correlation coefficient between the two...

Hong Kong Signals Web3 Push as $2B Tokenized Bonds Boost Efficiency

Key Takeaways: Hong Kong positioned digital assets as part of its core infrastructure, signaling strong policy support. Financial Secretary Paul Chan said tokenization boosts efficiency and access, driving adoption. Stablecoin rules show Hong Kong advancing regulation to...
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