Kalshi and Polymarket Pursue $20 Billion Fundraising Goals, Doubling Previous Valuations According to WSJ
The fundraising push arrives amid escalating regulatory and political headwinds and mounting insider trading allegations linked to geopolitical contracts.
Market Insights and Price Predictions for March 6: Bitcoin, Ethereum, Binance Coin, XRP, Solana, Dogecoin, Cardano, Bitcoin Cash, Hype, and Monero
Bitcoin sold off below $70,000 on Friday, leading analysts to conclude that this week’s breakout to $74,000 was a relief rally rather than a longer-lasting sign of a trend change.
Former CFO Receives Two-Year Sentence for Misappropriating $35 Million for Cryptocurrency Investment
Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi
Bank of Canada Launches Groundbreaking Pilot for Nation's First Ever Tokenized Bond
A pilot involving the central bank and major financial institutions tested whether distributed ledger infrastructure could streamline bond issuance, trading and settlement.
Understanding the Long-Term Investment Horizon: Why Buying Bitcoin May Take Three Years to Yield Profits Based on Recent Data
Bitcoin’s price volatility tends to scare off buyers, but data shows investors who hold for at least three years have a higher chance of locking in significant returns.
Community Banks and Crypto Industry Unite as Allies in CLARITY Act Discussion, Says Executive
If the crypto industry and community banks cannot find common ground on the CLARITY Act, the only winners will be the “big banks,” according to crypto executive Austin Campbell.
Strategy's STRC Stock Trading Surge: Exploring the Potential Bitcoin Purchases for Saylor
Strategy may raise $300 million via STRC sales, potentially giving Michael Saylor enough proceeds to continue buying Bitcoin throughout 2026.
Pakistan Parliament Enacts Virtual Assets Act to Establish Official Cryptocurrency Regulatory Framework
Pakistan passed the Virtual Assets Act, establishing a statutory digital asset regulator and introducing criminal penalties nationwide.
Elizabeth Warren Criticizes SEC for Handling of Justin Sun Case and Urges Crypto Legislation to Tackle Trump's Influence on the Industry
Sen. Warren slammed the SEC’s decision to drop its case against Tron founder Justin Sun after charges were dropped in a $10 million deal.
Tether Backs Utexo, Innovating USDT Settlements on the Bitcoin Network
Earlier this week, Tether also invested in the sleep-technology startup Eight Sleep, at a $1.5 billion valuation.
Binance Challenges Blumenthal's Iran Sanctions Investigation, Calling It Based on Clearly False Information
Blumenthal, a top Democrat on an investigative panel within the Senate Homeland Security Committee, opened a Binance inquiry last month.
21Shares Launches First Polkadot ETF in the United States
The list of altcoin-based spot exchange-traded funds grows longer with the addition of 21Shares' TDOT Polkadot ETF.