CFTC submits emergency motion to block Kalshi's election betting contracts
The CFTC asked the court to block Kalshi from offering election betting contracts until it reviews the reasoning for the denial of its order.
Related Posts
Interactive Brokers Hong Kong licensed in Hong Kong for retail virtual asset trading
Interactive Brokers Hong Kong has been approved for virtual asset trading by retail clients in Hong Kong, its regional managing director announced. 252 Total views 3 Total shares The brokerage firm Interactive Brokers Hong Kong has been licensed for virtual asset trading by retail clients in Hong Kong, according to a post on LinkedIn by
Bitcoin can’t help bank the unbanked claims Mastercard CEO
The CEO of Mastercard believes Bitcoin is too volatile and opaque to drive financial inclusion, however, CBDCs are a different story. 904 Total views 16 Total shares Bitcoin cannot function as an inclusive currency for the unbanked due to its volatility, Mastercard CEO Ajay Banga said during Tuesday’s Fortune Global Forum conference. He also cited…
Barstool Sports Founder Unprepared for Bitcoin, Exits After $25k Loss
Dave Portnoy talked a strong crypto game right up until it cost him money. After recently entering the crypto space, Barstool Sports founder turned stock trader, Dave Portnoy, seems as though he is not quite ready for Bitcoin (BTC) trading yet. "I'm getting killed right now in Bitcoin," Portnoy said in an Aug. 21 video…
TV streaming providers should start relying on NFTs
Subscription-based services have become so ubiquitous it’s hard to remember a time when they weren’t the norm. Streaming companies have sought to take advantage of that norm by fleecing consumers for everything they’re worth — just look at Netflix’s decision to start running advertisements. Another benefit of leveraging NFT technology is that streaming services can increasingly…
More like ‘shock-to-flow’ — BTC price hits bull trigger as mystery buyers scoops up supply
Someone is buying "a lot" of Bitcoin this week as stock-to-flow deflection reaches a level which traditionally sparks a serious price surge. Bitcoin (BTC) is due for a fresh price surge if one classic price model repeats historical behavior — and buyers are still supporting it.In a tweet on Aug. 3, analyst William Clemente noted…
Grayscale tops $50 billion: ‘Will soon pass world’s largest commodity ETF’
Grayscale continues to grow, passing $50 billion. That's equivalent to the world’s second-largest commodity ETF. 942 Total views 13 Total shares Major U.S. asset manager Grayscale has just surpassed $50 billion in cryptocurrency assets under management for the first time. Grayscale's AUM is creeping ever closer to the $57 billion holdings of the largest commodity…
Crypto hedge funds and mining regulations: Bad crypto news of the week
It’s been a difficult week for Bitcoin this week. The price has fallen about 5 percent over the last seven days to drop beneath $10,400. It could bounce but if it continues downwards, it might drop below $10,000 and get dangerously close to the CME gap.One sign that the price might fall further has been…
Aleph.im raises $10M to develop censorship-resistant data storage
Decentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralized alternative. 252 Total views 3 Total shares The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem.Decentralized storage and computing network Aleph.im completed a $10 million funding…