The pile of lawsuits against Kalshi just grew by one
Arkansas has accused the prediction market of running illegal gambling, joining Utah and several other U.S. states that have filed criminal or civil charges.
Trump Media moves $342 million in bitcoin to Crypto.com, blockchain data show
A wallet supposedly linked to Trump Media has made a large BTC transfer to Crypto.com, data tracked by Arkham show.
Crypto’s powerhouse super PAC suffers costly setback as Democrats sweep Congress
The industry’s primary campaign arm had cultivated a reputation as an unstoppable force, but more than a third of its spending failed to hit...
Crypto’s Washington hopes fade, but Grayscale and BlackRock see growth ahead
The asset manager says global demand and institutional adoption will sustain the industry despite a political setback, while BlackRock sees little impact on its...
Tokenization and stablecoins may weather Democrats’ sweep as broader crypto rules face uncertainty
Wall Street’s push to bring finance onto blockchain rails may continue under existing laws, though the SEC and CFTC face tougher oversight and questions...
Live updates: Bitcoin rises above $80,000 as stocks gain following Blue Wave
The biggest losers were the AI data center stocks following victories for several candidates who campaigned expressly against the sector.
Crypto Long & Short: ICE is betting on retail’s appetite for quick outcomes
Retail traders increasingly want trades that resolve fast, from prediction markets to same-day options. Andy Baehr of GSR argues perpetual futures belong in that...
Wall Street rethinks AI data center boom as Texas election raises new risks
Bitcoin miners pivoting to AI face new uncertainty over power access and construction permits, while companies with approved projects could benefit from tighter supply.
U.S. Democratic sweep could be the final nail in the ‘Clarity Act’s coffin’
Industry experts warn the Clarity Act is likely dead in its current form as incoming Democratic majorities eye tighter scrutiny of crypto markets and...