[Update 11:45 UTC, July 31: Adds Kalshi’s response in the sixth and seventh paragraphs.] New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on […]
Key Takeaways Central bank gold demand hit a Q2 record of 289 tonnes, rebounding sharply from a weak Q1.Poland led purchases to near its 700-tonne goal, while China accelerated buying and Russia sold.Most central banks […]
[Update, 10:32 UTC, July 26: Adds former CEO Nenter Chow’s statement] BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. “After a […]
South Korea’s Financial Services Commission (FSC) reportedly plans to draft a consolidated Digital Asset Basic Act with the ruling Democratic Party, giving lawmakers a government-backed proposal covering stablecoins and the broader cryptocurrency market after months […]
Key Takeaways CME Group rolled out 77 single-stock futures contracts covering Apple, Nvidia, Tesla and 50-plus other stocks.The new contracts trade nearly 23 hours a day, five days a week, on CME Globex.CME’s bitcoin futures […]
Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations. On Monday, blockchain analytics account Lookonchain reported that only 58 wallets withdrew about $805,000 in over 24 hours. […]
The US House of Representatives has passed a bill that would ostensibly prohibit members of Congress, their spouses and dependent children from purchasing publicly traded stocks. In a 232-198 vote in the House on Wednesday, […]
Key Takeaways Strategy unveiled new bitcoin metrics July 24, including Net BTC and BTC Hurdle ARR.Strategy holds 843,775 BTC bought for $63.69 billion at an average $75,476 per coin.BTC Floor ARR now shows the minimum […]
Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto plan that includes its digital asset network and US dollar stable card. “Over the last […]
The US Securities and Exchange Commission agreed to pay $150,000 in legal fees to settle a Coinbase lawsuit seeking internal records from the agency at the height of the Biden-era SEC crackdown on crypto. The […]
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