Cryptocurrency
House GOP Moves to Limit Lawmakers’ Prediction Market Betting
Republicans in the US House of Representatives are moving to add prediction market restrictions to a stalled congressional stock trading ban, as lawmakers scrutinize whether members of Congress should be allowed to wager on elections or public policy.House Administration...
Cryptocurrency
How low Will Bitcoin Price go if $60K Support Fails?
Bitcoin (BTC) is heading for its worst weekly performance since November 2022, down around 15% week-to-date as of Friday.BTC/USD weekly chart Source: TradingViewBTC was trading near $62,500 after briefly dropping toward $61,000 earlier in the session. The roughly $1,500...
Cryptocurrency
Strategy’s Bitcoin Model Under Pressure, Grayscale Warns
Strategy’s leveraged Bitcoin model is stressed, which could limit the firm’s ability to keep buying BTC and potentially force further sales, according to Grayscale.“The shift in approach from one of the world’s largest BTC holders has weighed on market...
Cryptocurrency
Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%
Bitcoin slid to $62,715 in Asian hours on Friday, down 1.9% on the day and 14.5% on the week, as the artificial-intelligence trade that has powered global risk assets through 2026 ran out of breath. Ether dropped a sharper...
Cryptocurrency
AI Could Soon Train and Improve Itself Anthropic Says
US-based AI firm Anthropic warns AI development is advancing at a pace that could soon see agents building, training and improving themselves without human input, and recommends a slowdown in development.In a blog post published Thursday, Marina Favaro, lead...
Cryptocurrency
ZEC Falls After Disclosure of Patched Zcash Orchard Vulnerability
The price of ZEC fell on Thursday after further details were disclosed of a critical counterfeiting vulnerability in Zcash’s Orchard pool that could theoretically allow a bad actor to mint an unlimited amount of ZEC.According to a post on...
Cryptocurrency
US Senators Urge Regulators to Clarify Crypto Capital Rules
A group of Senate Republicans has urged US financial regulators to clarify the capital standards for companies engaged in crypto activities.Senator Cynthia Lummis said on Thursday that she led the group in sending a letter on May 27 to...
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U.S. men beat Bosnia and Herzegovina in round of 32 for second ever World Cup knockout round win
The United States is through to the round of 16 after taking down Bosnia and...