Kalshi Markets Surge to $1B Monthly
Kalshi hits $1 billion in monthly volume, dominating 62% of the prediction market, as Massachusetts sues over unlicensed sports betting claims. #Breaking #Legal
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Bitcoin Access Restored Kevin Durant’s Coinbase
NBA star Kevin Durant regains access to his @Coinbase account after user error, confirmed by the exchange. Durant first invested in $BTC in 2016. #Update #Crypto $BTC
Bitcoin Seized Canada Closes $56M TradeOgre
Canadian police shut down TradeOgre, seizing $40.5M in crypto, marking Canada’s largest crypto seizure amid money laundering concerns. #Breaking #Legal
Intel Surges 23% on Nvidia AI Deal
Nvidia invests $5B in Intel to co-develop AI chips, boosting Intel stock by 23%. Nvidia gains access to x86 architecture amid China chip ban. #Update #Tech
Binance Inquiry Stalled Warren Criticizes DOJ
Sen. Elizabeth Warren demands DOJ answers on @Binance’s 2023 settlement enforcement and Trump ties, citing compliance concerns. #Update #Legal
Ethereum Staking Exit Times Defended
Ethereum’s Vitalik Buterin defends 43-day ETH unstaking exit times, citing security, amid criticism comparing Solana’s two-day period. Galaxy Digital critiques deleted after backlash. #Update #DeFi $ETH
Pudgy Penguins PENGU Surges 25% Bullish
PENGU jumps 12% to $0.0377 after featuring in @Bullish earnings report; predictors see 67% chance of hitting $0.05. #Update #Crypto
Australia Eases Rules for Stablecoin Intermediaries
The Australian Securities and Investments Commission grants regulatory relief to stablecoin intermediaries, exempting them from separate financial services licenses for distributing licensed issuers’ crypto. #Update #Crypto
Bitcoin Surges as Avalanche Hyperliquid Rally
Avalanche ($AVAX) surged 10.1% to $32.59 amid a broader crypto rally after the Federal Reserve’s rate cut and Avalanche’s $1 billion Digital Asset Treasury plan announcement. #Update #Crypto $AVAX
SEC Approves New Crypto ETF Standards
The U.S. SEC approved new listing standards for commodity-based trusts, paving the way for Solana and Litecoin ETFs soon, with Dogecoin potentially following. #Update #Crypto $SOL
Bitcoin Crashes After Fed Chair Remarks
Bitcoin remains stable at $116,600 after the Federal Reserve cuts interest rates to 4.25-4.50%, with analysts predicting potential gains due to further rate reductions. #Update #Crypto $BTC
SafeMoon Victims Sought by FBI
The FBI seeks SafeMoon investors for restitution after CEO Braden John Karony’s fraud conviction, highlighting DeFi enforcement challenges. #Breaking #Legal
Binance Avoids Whitelisting with Swiss Move
Backed Finance registered in Switzerland to issue freely transferable xStocks like Tesla, avoiding whitelisting constraints. 30,300 unique holders reported. #Update #Finance
Bitcoin Steady Amid Fed Rate Cut
The Federal Reserve cut interest rates by 0.25% amid economic concerns, with Bitcoin trading flat at $116,000. President Trump’s pressure on the Fed continues. #Update #Crypto $BTC