Crypto Prediction Markets Hit Major Setback
@Kalshi lost a court case as a federal judge ruled Nevada regulators have jurisdiction over its sports contracts, potentially affecting all prediction markets. Appeal expected. #Update #Legal $BTC
CoinDesk.com is a prominent platform delivering essential news, market updates, and in-depth analysis on cryptocurrencies and blockchain technology. At Voted.News, we transform CoinDesk’s extensive coverage into concise, easy-to-read digests—enabling readers to keep pace with evolving market trends, regulatory shifts, and technological innovations effortlessly. Discover the best of CoinDesk.com at Voted.News, where clarity meets credibility.
@Kalshi lost a court case as a federal judge ruled Nevada regulators have jurisdiction over its sports contracts, potentially affecting all prediction markets. Appeal expected. #Update #Legal $BTC
@Strategy CEO Phong Le highlights the firm’s enhanced flexibility to accumulate $BTC, leveraging long-dated debt and opportunistic equity access, while holding over 158,000 BTC on its balance sheet. #Update #Crypto $BTC
@BlackRock’s bitcoin ETFs, including IBIT, have become its top revenue source, nearing $100B in allocations. IBIT reached $70.7B in assets in under a year amid institutional interest. #Update #Crypto $BTC
@GoQuant, founded by Denis Dariotis, now handles over $1B in daily trading volume after securing $7M in funding; it recently launched GoDark and GoCredit platforms. #Update #Crypto
@Truther is set to launch a non-custodial USDT Visa card in El Salvador, featuring a 2% fee on currency conversions and no IOF tax for Brazilian users. #Update #Crypto $USDT
Bitcoin nears $92,000 as markets recover from last week’s sell-off, yet resistance levels may maintain the downtrend. #Update #Crypto $BTC
Bitcoin’s ‘Coinbase Premium’ has turned positive after weeks in the red, indicating potential shifts in U.S. capital flows. #Update #Crypto $BTC
XRP needs to close above $2.22 to confirm a bullish trend; failure to hold $2.17 may lead to declines. #Update #Crypto $XRP
The U.K. will enforce new guidelines from January requiring crypto exchanges to provide the British tax authority with full customer information on digital assets, targeting tax avoidance. #Update #Legal $BTC $ETH
@Amundi has launched a tokenized share class on Ethereum, providing blockchain-based access to its euro cash fund for faster, 24/7 trading. #Update #Crypto $ETH
@Tether has halted its planned $500 million investment in Uruguay due to high energy prices and regulatory challenges impacting mining operations. #Update #Crypto $USDT
$HBAR rises 2.5% as institutional flows boost market sentiment, with derivatives positioning turning bullish across multiple timeframes. #Update #Crypto $HBAR
Crypto-related stocks rise, led by bitcoin miners, as $BTC shows a modest rally post-Thanksgiving with December Fed rate expectations solidified. #Update #Crypto $BTC
$MATIC experiences a 12% drop after a significant whale transaction of $90M, raising concerns about market stability. #Breaking #Crypto $MATIC (-8) ↘