Kalshi co-founder Tarek Mansour called Arizona’s criminal case against the company a “total overreach,” calling the move an attack on a federally regulated exchange rather than a standard gambling enforcement action. Mansour said the charges “have nothing to do with gambling or merits” and argued that Arizona is trying to short-circuit a broader legal battle […]
Since the start of the Iran war, the market narrative has been simple: the oil boom, inflationary impulse and broader market volatility will be temporary and will subside once the conflict ends, allowing central banks to grease the economy and markets with easy money, as they always did after 2008. But there is a contrary
Crypto exchange Kraken, which announced plans to go public four months ago, has put the plan on hold, according to two people familiar with the matter. The company is still considering an IPO, but probably not until market conditions improve, said the sources, who requested anonymity because the matter is private. A Kraken spokesperson said:
Payward, parent company of crypto exchange Kraken, has put its IPO plans on hold Read More »
Bitcoin’s hash rate is falling as conflict in the Middle East drives up energy prices, adding pressure to the mining sector and the broader market. The decline in hash rate is likely linked to geopolitical tensions due to the war with Iran and soaring oil prices, given that an estimated 8-10% of global bitcoin mining
What Bitcoin’s (BTC) Hash Rate Drop Could Mean for Prices Read More »
Tempo, the payments-focused blockchain developed by payments giant Stripe and crypto investment firm Paradigm, launched its mainnet on Wednesday, bringing its stablecoin payments system out of testing and putting it live. The network is designed to process a large number of transactions quickly and at low cost. It aims to make sending money with stablecoins
Stripe-led payments blockchain Tempo goes live with AI agent protocol Read More »
RedotPay, a Hong Kong-based stablecoin payments startup, is facing internal tension and executive turnover as it seeks up to $150 million in new funding and works toward a U.S. IPO that could value the company at more than $4 billion. These ambitions are overshadowed by the turnover of leaders. At least five senior hires have
By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$74,191.24 and the broader crypto market are taking a breather ahead of today’s Federal Reserve rate decision, which could confirm that the interest rate environment is increasingly less favorable. The central bank is widely expected to keep the benchmark borrowing cost unchanged in a range
A UK parliamentary committee has urged the government to impose “an immediate moratorium on crypto donations” until Parliament approves statutory guidance from the Electoral Commission. In a report, the Joint Committee on National Security Strategy said crypto poses an avoidable risk to political funding and public trust. The committee said the rules should be ready
UK Lawmakers Call for “Immediate Moratorium” on Crypto Political Donations Read More »
Bitcoin heads into the March Federal Open Market Committee (FOMC) meeting with strong momentum, trading above $74,000 after eight straight daily gains. However, data compiled by Bitcoin lender Two Prime suggests that this strength could mask a recurring pattern, with FOMC meetings having historically acted as short-term bearish catalysts for BTC. In 2025, Bitcoin posted
BTC Rally Faces Risk of “Selling the News” Ahead of FOMC Meeting Read More »
Bitcoin BTC$74,057.54 consolidated after Tuesday’s jump to $76,000, alongside a 33% drop in daily trading volume to $36.9 billion. The largest cryptocurrency has added just 0.4% since midnight UTC after rebounding from $73,500 as it looks to establish a new support level ahead of a possible bullish breakout. While analysts predicted a rapid move up
BTC Price Approaches $74,000 as Derivatives Signal Caution: Crypto Markets Today Read More »
