U.S. President Donald Trump said it was “critically important” that the CFTC keep “exclusive authority” over prediction markets, echoing CFTC Chair Michael Selig in a post on Truth Social, his social media platform, late Tuesday afternoon. “Under my leadership, we are setting ‘rules of the… Read More
Bitcoin BTC$77,234.04 traded at $76,600 on Tuesday, down 0.8% since midnight UTC, as Monday’s brief bounce to $77,800 fades. The move leaves the largest cryptocurrency potentially forming another lower high in a bearish structure that has been in place since October, and down 7% over… Read More
The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.
Americans are sending Washington a clear message: the United States should lead the future of digital finance, not fall behind while other countries write the rules. A new national HarrisX survey of registered voters found that 70% say the U.S. should have already passed crypto… Read More
The crypto market dropped back on Thursday with bitcoin BTC$80,840.60 losing around 0.7% since midnight UTC following Wednesday’s rally to a three-month high of $82,800. Ether lost around 1% during Asia and European hours, now trading at $2,325 having briefly topped $2,420 on Wednesday. The… Read More
A U.S. Senate that’s struggled to move crypto market structure legislation moved like lightning on Thursday to ban themselves from participating in prediction markets. Acting on a simple, 14-line resolution pushed by Ohio Republican Senator Bernie Moreno, the Senate agreed unanimously to put a restriction… Read More
