CFTC Sues Minnesota Over Prediction Market Ban
@Kalshi has filed a federal lawsuit against Minnesota’s new law criminalizing prediction markets, claiming it violates the Supremacy Clause and First Amendment rights. #Update #Legal $USDT
Ethereum Targets $40K on DeFi Surge
Standard Chartered reaffirms $ETH’s $4,000 year-end target, citing DeFi dominance despite current underperformance. Ethereum trades at $2,000, down 60% from August peak. #Update #Crypto $ETH
Bitcoin Bet Spirals Arca CIO Warns
Arca CIO Jeff Dorman warns @MicroStrategy’s Bitcoin-heavy balance sheet faces risks due to capital-structure tradeoffs, including potential BTC sales amid market downturns. #Update #Crypto $BTC
Ethereum: ICE Explores Hyperliquid Collaboration
ICE CEO Jeff Sprecher praises Hyperliquid, calling it bigger than Nasdaq; potential collaboration discussed amid regulatory concerns over its oil trading volume. #Update #Crypto
Bitcoin Faces Macro Overhang Limiting Rallies
Crypto trader Michaël van de Poppe cites the US-Iran conflict as a key factor limiting Bitcoin’s potential rallies, predicting strong altcoin momentum if BTC holds above $73K. Currently, $BTC trades at $74,412. #Update #Crypto $BTC (-1) →
Bitcoin Transfers to Coinbase Spark Sale Speculation
@MicroStrategy has transferred 411.48 BTC worth $30.3M to Coinbase Prime, raising speculation about a potential sale. Polymarket estimates an 84% chance of Bitcoin sales by 2026. #Update #Crypto $BTC
SEC Approves Paxos as Blockchain Clearing Agency
@Paxos has become the first blockchain-native firm registered as a clearing agency by the US Securities and Exchange Commission, enhancing crypto-based infrastructure for banks and brokerages. #Update #Crypto $PAXG
OKX Ventures Acquires $53M Stake in Coinone
@OKX Ventures will invest 80 billion won ($53 million) for a 19.6% stake in Coinone, alongside Korea Investment & Securities, pending regulatory approval. #Update #Crypto $USDT
SEC’s Clarity Act Impacts Global Crypto
The Clarity Act, a U.S. crypto regulation bill, advances to the Senate for a decisive vote, potentially reshaping global standards despite criticism from Sen. Elizabeth Warren over money laundering concerns. #Update #Legal
Cardano Millionaire Wallets Surge to 6-Year High
Cardano millionaire wallets have reached their highest ADA holdings since 2017, signaling increased confidence in the cryptocurrency’s potential. #Update #Crypto $ADA
Ethereum Treasury Surges to 158,462 ETH
@BitDigitalInc acquires $20M in $ETH, boosting holdings to 158,462 ETH. CEO Sam Tabar hints at more accumulation if conditions remain favorable. #Breaking #Crypto $ETH
Bitcoin Major Holders Halt Buys as Demand Slows
Bitcoin holders are facing losses as whale accounts see negative balance growth, with 40% of BTC supply at a loss; long-term holder supply hits 15.8M BTC amid market downturn. #Update #Crypto $BTC
XRP Surges Above $1.30 Amid Volume Spike
XRP rebounds to $1.30 after strong volume surge, but remains under key resistance levels; traders should watch support at $1.30 and resistance at $1.32-$1.34 for momentum shifts. #Update #Crypto $XRP
Anthropic’s Claude AI Model Raises Alarms
Anthropic plans to expand access to its Claude Mythos AI model, despite cybersecurity concerns, with a release expected soon as safeguards are developed. AI