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Kalshi Prediction Market Raises $1 Billion, Double Its December Valuation: Bloomberg

Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter. The round valued the prediction market platform at $22 billion, Bloomberg said, double the valuation of the previous round in December, where it also raised $1 billion. This funding round was

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Coinbase Launches Perpetual Stock Futures for Non-US Traders

Coinbase (COIN) said it has begun offering perpetual stock futures contracts to eligible non-US retail and institutional traders, expanding its derivatives offering to US stocks. The contracts allow traders to take leveraged positions in a group of large-cap U.S. stocks, colloquially known as the Magnificent 7: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla. Perpetual

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Bitcoin (BTC) Price Remains Stable, and Analyst Sees Upside Potential Emerging: Crypto Daybook Americas

By Francisco Rodrigues (All times ET unless otherwise noted) Bitcoin BTC$70,442.96 has stabilized above $70,000. Its relative strength is remarkable considering the week’s selloff, which sent it down more than $75,000. Most assets saw sharp declines during the period as the conflict in Iran intensified, damaging vital energy infrastructure. A warmer than expected US PPI

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Bitcoin Consolidates as Traders Hedge and Macro Uncertainty Persists: Crypto Markets Today

Crypto markets were little changed on Friday, with the CoinDesk 20 Index (CD20) largely unchanged. Bitcoin BTC$70,579.90 has gained just 0.8% since midnight UTC and ether (ETH) has added less than 0.1%. Crude oil prices fell below $100 on Thursday and were recently trading at $96 a barrel, with the United States apparently evaluating whether

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Survey shows banks, fintechs and corporations are all interested in digital assets

Digital assets are no longer a fringe experiment in finance: they are quickly becoming an essential part of how banks, asset managers, fintechs and businesses think about moving money, storing value and managing risk. That’s the key takeaway from fintech company Ripple’s survey of more than 1,000 global financial executives, which reveals the extent to

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Bitcoin (BTC) Price Action Looks Dangerously Like the Pattern That Drove It to $60,000

Bitcoin BTC$70,483.40 The evolution of prices gives us a feeling of déjà vu, and it is not the right one. If you look at the price movements since the beginning of February, a very specific and worrying trend is forming that looks strikingly similar to the pattern we saw between November and January. This build

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