White House reviews CFTC prediction-market rule as Trump backs federal control
The proposal could shape how Kalshi, Polymarket, and other event-contract platforms operate as states challenge the CFTC’s authority.
Crypto
Diverging trends: Ether slides below $2,000 while futures open interest hits record high of 16 million ETH
Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting.
Crypto companies have tightened compliance, but gaps remain: Chainalysis
Around 47% of crypto organizations onboarded in 2026 are operating at alerting standards that would have ranked among the industry’s strictest five years ago.
Crypto markets shed $80B after fresh US strikes on Iran
The crypto market capitalization has fallen to its lowest level since mid-April after the US carried out strikes on Iran for the second time in three days amid peace talks.
CFTC seeks to reverse settlement deal with Gemini
The CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand.
BlackRock’s bitcoin ETF sheds $528 million, the second-largest daily outflow on record
IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.
Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?
Bitcoin dropped closer to a critical support level as spot and long futures traders’ efforts to hold $75,000 failed. Is sub-$70,000 BTC next?
Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears
Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.
XRP drops 4% below $1.30 as heavy selling breaks key support zone
XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower.
Bitcoin drops below $73,000 as US strikes on Iran spark $1 billion liquidations
Crypto majors sold off 3% to 4% and nearly $1 billion in leveraged positions were wiped out after U.S. airstrikes on an Iranian military site near the Strait of Hormuz reignited the conflict markets had started to price out.
US charges Google employee with insider trading bets on Polymarket
The Justice Department and the CFTC allege that Google software engineer Michele Spagnuolo profited $1.2 million on Polymarket after accessing non-public information at work.
Kraken rolls out Bitcoin vault product for holders to earn yield
Within the first 10 hours of launch, the Kraken Earn BTC Vault raked in $30 million worth of Bitcoin deposits from 4,000 unique wallets.
Bitcoin falls further as BTC miners pivot to AI, pro-crypto legislation stalls
Bitcoin’s underperformance of stocks deepens as BTC miners pivot to AI and pro-crypto regulation in the United States stalled.
U.S. CFTC files request to erase Gemini settlement that it no longer considers fair
The regulator went back to analyze the 2022 case and decided that it wouldn’t have been pursued under current management and practices.
Crypto card monthly transaction volume surges 230% from 2025
Payment volume on crypto-linked credit and debit cards has been steadily increasing since 2024, reaching about $7.8 billion in cumulative transactions this month.
Bitcoin miner inflows to Binance soar as BTC struggles to hold uptrend: Is $70K next?
Weakening spot demand, miner inflows to exchanges and freshly opened shorts put downside pressure on Bitcoin price.
Google engineer insider-traded search results on Polymarket, Feds allege
The charges mark the second major arrest over insider trading on a prediction market.
Polymarket weighs KYC requirements amid global crackdown on prediction markets
The predictions market operator reportedly explored mandatory user verification requirements, breaking from its policies of allowing traders to access its services using pseudonyms.
Crypto cash backs potential new allies in Congress as industry’s PAC presence widens
As crypto world notches political wins in Texas and beyond, some of its emerging political action committees ditch bipartisan approach for a Republican focus.
AI Chatbots Could Quietly Pull Users Away From Reality, Researchers Warn
Researchers warn that prolonged chatbot interactions could distort how some users experience reality and social connection.
Here’s How Much Bitcoin Elon Musk Would Control If SpaceX and Tesla Merge
If Tesla and SpaceX merged—as is a reported possibility—then Elon Musk’s combined entity would hold billions of dollars’ worth of Bitcoin.
Ethereum Traders Grow Increasingly Bearish as ETFs Bleed, ETH Sinks Near $2,000
Predictors on Myriad are losing faith, believing it’s more likely that Ethereum dumps to $1,500 before a prospective move up to $3,000.
Orca, Streamex roll out secondary trading infrastructure for tokenized securities
Accredited investors can buy and sell the gold-backed GLDY token through permissioned liquidity pools operating on the Solana blockchain.
ElevenLabs, Stability AI Drop New AI Music Models—Can They Catch Suno?
Music v2 brings genre-shifting and section-by-section composition to ElevenLabs. Stable Audio 3.0 ships open weights and six-minute tracks. Is either good enough to dethrone the category leader?
Marvel Comics Icon Stan Lee Has Been ‘Revived’ With AI Tech—Again
ElevenLabs has licensed Stan Lee’s voice and likeness, adding the late Marvel comic creator to a growing market for AI celebrity replicas.
PACs laud Texas primary wins, look to back more pro-crypto candidates
While crypto industry-backed candidates won runoffs in Texas on Tuesday, industry PACs have less of a stake in California races next week.
Bitcoin treasury company Nakamoto falls nearly 67% YTD after reverse stock split
The company owns 5,058 Bitcoin, ranking it as the 20th largest publicly traded BTC treasury company, according to data from Bitcoin Treasuries.
DeepSeek, Xiaomi Just Made Frontier AI 99% Cheaper. American Labs Went the Other Way
Back-to-back price cuts from China’s top AI labs have made their models a fraction of the cost of GPT-5.5 and Claude Opus.
Ether bears at risk of $2B squeeze as short positions build around $2K
Ether futures positioning tightened near $2,000 as rising open interest and dense short liquidity increased focus on a possible squeeze above $2,150.
Wall Street gets new crypto rival after Texas bank completes regulatory pivot
By establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept global digital dollar volumes.