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Tom Emmer dismisses law enforcement concerns over Clarity Law

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Latest developments: Emmer joined CoinDesk’s The Policy Protocol and said the Senate’s bipartisan movement on the Clarity Act shows that crypto legislation still has momentum despite growing uncertainty in Washington. Emmer pointed to the Senate Banking Committee’s 15-9 vote in favor of the bill, arguing that support extended beyond Republicans. He said the House has […]

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Congress hits Polymarket and Kalshi with massive insider trading probe

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The U.S. House Oversight Committee plans to open an investigation into the largest prediction market platforms over suspicions that government employees may exploit classified information for personal gain. Rep. James Comer, R-Ky., chairman of the House Oversight and Government Reform Committee, is reviewing the internal records of Polymarket and Kalshi CEOs to determine whether government

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Bitcoin continues to hold near $77,000 ahead of Kevin Warsh joining the Fed

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As has been the case all week, bitcoin (BTC) is trading in a tight range around the $77,000 level during morning action in the United States. There was some economic news Friday morning, and it wasn’t pretty. The University of Michigan’s consumer confidence index for May fell to a record low of 44.8 from 48.2

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AI infrastructure race heats up as IREN outlines full-stack strategy and WhiteFiber lands $160M deal

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IREN (IREN) co-founder Daniel Roberts laid out an ambitious vision for the company as a vertically integrated AI infrastructure platform in a lengthy article on Friday, arguing that the biggest bottleneck in artificial intelligence is no longer chips, but physical infrastructure. “The demand for AI is growing exponentially. Infrastructure is not,” Roberts writes, pointing to

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Altcoin Rotation Intensifies as Bitcoin Stagnates for Fourth Straight Day

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Bitcoin, crypto majors BTC$77,398.65 and ether (ETH) head into the weekend after being confined in a tight trading range for the past four days, with BTC stuck between $76,100 and $78,000. The lack of volatility has led to small pockets of the altcoin market benefiting from the speculative nature of crypto investors. The AI ​​sector

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Bitcoin (BTC) left behind in the geopolitical fray: Crypto Daily

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The current state of financial markets can be described as first macrogeopolitical, then cryptographic. The evidence is clear. Despite recent positive regulatory developments related to the Clarity Act, Bitcoin BTC$77,341.59 showed little enthusiasm, trading near $77,200 – largely unchanged over the past 24 hours and over the week. Meanwhile, oil remains high near $100 and

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Polymarket targets prediction market approval in Japan by 2030

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Polymarket is set to push for the authorization of prediction markets in Japan, according to a Bloomberg report published Friday. The decentralized prediction market platform has appointed a representative in the country and is aiming for government approval by 2030, the Bloomberg report said, citing people familiar with the matter who asked not to be

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