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Crypto

NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks

NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks

7 days ago by Crypto InsightsCrypto

The deals arrive as the prediction markets face a nationwide legal battle with several state governments that contend such betting belongs more appropriately under the power of their gambling laws. Three major federal court decisions have landed on both sides of the issue, with two… Read More

Bitmine buys more ETH, repurchases $46 million in shares as Tom Lee sees crypto holding up

Bitmine buys more ETH, repurchases $46 million in shares as Tom Lee sees crypto holding up

1 week ago by Crypto InsightsCrypto

The comparison follows weeks of pressure on AI-related stocks amid concerns about spending on data centers and the returns those investments might bring. Lee pointed to crypto’s smaller decline as a sign of strength, though it doesn’t rule out further losses. Bitmine keeps buying ETH,… Read More

Bitcoin holds near $80,000 as oil retreats and the Fed decision looms

Bitcoin holds near $80,000 as oil retreats and the Fed decision looms

1 week ago by Crypto InsightsCrypto

Bitcoin BTC$84,459.46 steadied near $80,400 after dipping to around $79,300 during the Asian morning, leaving it little changed since midnight UTC. Altcoins were mixed, with ether ETH$2,490.55 dropping 0.2% and the DeFi index (DFX) the only CoinDesk index to gain. The tone was set at… Read More

Bitcoin slips under $80,000 as traders de-risk ahead of Fed meeting

Bitcoin slips under $80,000 as traders de-risk ahead of Fed meeting

1 week ago by Crypto InsightsCrypto

Bitcoin fell nearly 2% to about $79,800 as of Monday Asian morning hours as traders cut risk ahead of this week’s Federal Reserve meeting and another leg down in the AI trade weighed on tech stocks across the region. Selling hit almost every major token.… Read More

Latvia targets tokenization rules in 2027 with commercial property in focus

Latvia targets tokenization rules in 2027 with commercial property in focus

1 week ago by Crypto InsightsCrypto

Anti-money-laundering controls remain a central concern, he said, describing a need to understand and manage risks before introducing new rules. “We don’t want to create something with a big boom and then with a big collapse,” Valainis said. The government will implement solutions only when… Read More

UK banks hit by 10,000 crypto transfer complaints

UK banks hit by 10,000 crypto transfer complaints

1 week ago by Crypto InsightsCrypto

“Bank transfers represent a crucial on-ramp to add money to their account on our platform,” said Harries. “We are an FCA-registered crypto asset business, but are subject to the same blanket restrictions as the wider crypto asset sector.” Lloyds Banking Group, which includes Halifax and… Read More

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