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Crypto

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

1 month ago by Crypto InsightsCrypto

MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday. Appearing at Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO of sports betting platform Novig, said the legacy sportsbook model is… Read More

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

1 month ago by Crypto InsightsCrypto

Trump Media & Technology Group (DJT) reported a $405.9 million first-quarter net loss on $871,200 in revenue, widening from $31.7 million a year earlier as unrealized losses on its crypto holdings weighed on results. The parent company of Truth Social booked $244 million in unrealized… Read More

Senate Banking Committee plans to hold Clarity Act hearing on Thursday

Senate Banking Committee plans to hold Clarity Act hearing on Thursday

1 month ago by Crypto InsightsCrypto

The Senate Banking Committee plans to hold its long-awaited markup hearing for the Digital Asset Market Clarity Act of 2025 (otherwise known as the Clarity Act) on Thursday, May 14 at 10:30 a.m. The Clarity Act was largely in limbo after Coinbase CEO Brian Armstrong… Read More

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

1 month ago by Crypto InsightsCrypto

A Manhattan federal judge has cleared the way for Aave’s recovery effort to move forward after last month’s North Korea-linked rsETH exploit, allowing $71 million in frozen ether to be transferred out of Arbitrum while preserving North Korean terrorism victims’ legal claim on the funds.… Read More

Coinbase (COIN) bounces 10%, Solana, LINK, SUI outperform as bitcoin (BTC) holds $80K

Coinbase (COIN) bounces 10%, Solana, LINK, SUI outperform as bitcoin (BTC) holds $80K

1 month ago by Crypto InsightsCrypto

With bitcoin holding above $80,000 and stocks pushing to fresh record highs, risk appetite spilled deeper into crypto markets Friday, lifting altcoins and blockchain infrastructure plays. Solana (SOL), Chainlink LINK$9.8379, SUI$1.0255 and DOT$1.3159 rose around 5%, while Near Protocol (NEAR) and Uniswap (UNI) gained roughly… Read More

Ripple-linked XRP pushes toward $1.40 as tightening range lowers breakout chances

Ripple-linked XRP pushes toward $1.40 as tightening range lowers breakout chances

1 month ago by Crypto InsightsCrypto

XRP keeps grinding toward the top of its recent range, and the move is starting to matter more because liquidity has thinned out while price keeps compressing underneath resistance. That combination tends to make breakouts sharper once the market finally picks a direction. News Background… Read More

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