A federal judge in California sentenced in absentia a dual national of China and St. Kitts and Nevis to 20 years in prison for his role in a $73 million international crypto scam. Daren Li, who is a fugitive after removing an ankle electronic monitoring… Read More
Bitcoin’s BTC$69.680,85 sharp rebound from last week’s plunge toward $60,000 has been accompanied by a subtle but important shift in one closely watched indicator of U.S. demand. The Coinbase Bitcoin Premium Index — which tracks the price gap between bitcoin traded on Coinbase and the… Read More
U.S. Treasury Secretary Scott Bessent fired warning shots at crypto insiders who are pushing back in the negotiations over a digital assets market structure bill in the Senate — briefly aligning with Democratic Senator Mark Warner in expressing frustration during a hearing on Thursday. “There… Read More
The U.S. government is set to partially shut down at midnight, despite the Senate voting in favor of a funding package intended to keep the government running — showing the importance of specificity in prediction market contracts. The House of Representatives is out of session… Read More
The bond market volatility gauge has slipped to its lowest since October 2021, supporting risk-taking in financial markets.
The U.S. carried out a “large scale” strike against Venezuela and its President Nicolas Maduro, Donald Trump announced early Saturday morning. Maduro and his wife, Trump continued, were captured and flown out of the country. U.S. Attorney General Pam Bondi later announced that Maduro and… Read More
