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Prediction Markets News: Kalshi Makes Tokenization Effort

Kalshi is now offering tokenized versions of its event contract bets on Solana, the company told CNBC, marking its clearest bid yet to attract crypto traders who have turned to on-chain platforms like Polymarket. The setup symbolizes Kalshi’s existing event-driven markets, ranging from politics to macro data, and makes them tradable on Solana, according to […]

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US Lawmakers Detail Their Grievances Over Government’s ‘Choke Point 2.0’

The U.S. government has deliberately tried to curb crypto development for years, according to a report released by U.S. Rep. French Hill, who has been at the center of Congress’ efforts to establish crypto policies. The Republican chairman of the House Financial Services Committee released a lengthy report Monday detailing federal government activities that he

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Bitnomial Obtains Approval to Launch First CFTC-Regulated Spot Crypto Trading Platform

Bitnomial, a Chicago-based derivatives exchange, is preparing to roll out the first cryptocurrency spot trading platform overseen by the U.S. Commodity Futures Trading Commission (CFTC). The Chicago-based derivatives exchange’s self-certified rules took effect Friday, authorizing it to list leveraged and unleveraged spot crypto products. The approval opens the door for customers to buy, sell and

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JPMorgan and Strike CEO Jack Mallers decline to comment further on debanking

When a Wall Street banking giant and a crypto CEO start a public battle over debanking, the world takes notice and the back-and-forth gets messy. Jack Mallers, CEO of crypto payments company Strike, dropped a bombshell on social media on November 23, claiming that JPMorgan had closed all of his accounts without cause. “Last month

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Bitcoin (BTC) mining profitability falls for the fourth consecutive month: JPMorgan

Bitcoin BTC$85,131.70 Mining profitability declined for the fourth consecutive month in November, according to a report released Monday by JPMorgan (JPM). The daily gross margin for block rewards also fell 26% from the previous month, analysts Reginald Smith and Charles Pearce wrote. The Bitcoin network’s hashrate fell 1% to an average of 1,074 exahashes per

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Treasuries Bitcoin, Ether and Solana Lead Crypto Stocks Fall; NAKA, MTPLF and HSDT slide by more than 10%

Crypto-related stocks started December lower as Bitcoin BTC$84,347.71 fell towards $84,000 during the morning in the United States. Shares of Coinbase (COIN), Gemini (GEMI), and Galaxy Digital (GLXY) are down nearly 6%. Cryptocurrency mining stocks were also hit, with MARA Holdings (MARA), Riot Platforms (RIOT), and Hive Digital (HIVE) falling 7-9%. Bitcoin Cash Play Strategy

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Canada eyes stable rules as Scotiabank reports limited market impact

As Canada moves toward stable coin regulation, Scotiabank has argued the move is unlikely to shake domestic markets. Any framework is really about improving the speed, efficiency and settlement of 24/7 payments, rather than managing systemic risk, economist Derek Holt wrote in last week’s report. In November, the government committed to passing legislation that would

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