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Zoom 12% as Bitcoin bounces above $93,000. But will the rally last?

Bitcoin rallied above $93,000 on Wednesday in a broad crypto market rally, recouping some of the steep losses that triggered nearly half a billion dollars in sell-offs on Monday. The move brought some relief after a chaotic start to the week, although the rebound does little to calm nerves following a series of structural shocks […]

Zoom 12% as Bitcoin bounces above $93,000. But will the rally last? Read More »

Bitcoin (BTC) ETFs are coming for Bank of America brokerage clients

Bank of America, one of the largest US financial institutions, has become the latest Wall Street giant to show interest in Bitcoin. BTC$93,098.92. Starting in January, the bank’s wealth advisors will be allowed to recommend a 1% to 4% allocation to crypto assets, according to Yahoo Finance. Initially, the thundering BofA/Merrill Lynch herd will focus

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CNN to use Kalshi Prediction Markets in its news coverage

CNN has named prediction market operator Kalshi as its official data partner, giving the network access to real-time probabilities on political, cultural and economic events as interest in market-based forecasts increases in US media. The collaboration, announced Tuesday US time, will integrate Kalshi’s data into CNN’s programming and editorial feeds. The network plans to integrate

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Grayscale’s Chainlink ETF (GLNK) Lists on NYSE Arca and LINK Prices Jump

Chainlink’s native token LINK rose 8% on Tuesday to $13.06 following the launch of a Grayscale exchange-traded fund (ETF) tied to the asset. The ETF, traded under the symbol GLNK, offers investors regulated access to Chainlink through traditional brokerage accounts. It is the first exchange-traded fund in the United States dedicated to tracking LINK, the

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Kalshi Wins $1 Billion Seed Round, Hits $11 Billion Valuation as Prediction and Market Race Intensifies

Kalshi, a US-based prediction marketplace, closed its $1 billion funding round, pushing its valuation to around $11 billion, according to a press release. The latest round was led by Paradigm, with participation from seasoned venture capital firms including Sequoia Capital and CapitalG, the growth equity arm of Alphabet. News of the raise broke last month,

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Spot Solana ETFs saw a 21-day entry streak end as TSOL investors embarked on a redemption rally

Solana bulls have hit the pause button after lighting up the market in November with millions pumped into US-listed spot exchange-traded funds (ETFs). These spot ETFs saw a cumulative outflow of $8.10 million on Friday, the first time since their inception on Oct. 28, according to data source SoSoValue. Buyers returned Friday, pumping more than

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Polkadot jumps 13% after breaking key resistance

POINT$2.2536 rose 13% to $2.26 in the past 24 hours as volume increased. The token opened at $1.99 and recorded a steady uptrend throughout the 24-hour period, establishing clear technical dominance in the broader cryptocurrency markets, according to CoinDesk Research’s technical analysis model. Volume trends confirmed genuine institutional interest rather than retail speculation, according to

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Brazil convicts 14 for using cryptocurrency, Shell companies in $95 million drug money laundering case

A federal court in Brazil has sentenced 14 people to prison for laundering more than 508 million reais ($95 million) from international drug trafficking and other violent crimes, capping a years-long investigation into a sophisticated criminal network spanning several states. The group’s two leaders were each sentenced to more than 21 years in prison, with

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