Polymarket monthly volume hits $100M as presidential race heats up

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTerra down at least $250 million in crunchData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling the $36,000 mark overnight after losing 12% in just 72 hours.Still near its lowest levels since…

A source close to the crypto exchange reportedly said there were 68 fewer employees on the company’s Slack channel as of Monday, suggesting Gemini had cut roughly 7% of its staff. 424 Total views 22 Total shares Cameron and Tyler Winklevoss’ Gemini has reportedly laid off additional staff more than a month after reports suggested…

Bitcoin (BTC) will reach $100,000 and Jamie Dimon will be “begging” the United States Federal Reserve for money to buy some. Those were just two of the predictions from Max Keiser on March 5, as the coronavirus outbreak sees financial markets tumble again.Keiser: 2020 is “part two” of the 2008 crisisSpeaking on the latest edition of…

The creditor's committee and FTX lawyers have raised several arguments in objecting to Bankman Fried’s request. A hearing date is set for April 12. 63 Total views 2 Total shares Own this piece of history Collect this article as an NFTSam Bankman Fried’s new petition to have his legal expenses reimbursed has been met with…

The revised tax policy exempts crypto traders from the mandatory 7% VAT on authorized exchanges while offering tax exemptions of up to 10 years for crypto startup investors. 322 Total views 35 Total shares The finance ministry of Thailand has reportedly eased up crypto tax regulations to promote investment in the digital asset market.The changes…

Reddit co-founder Alexis Ohanian confirmed he’s joined up to a deal to bring TikTok under US ownership to help it avert the Trump administration’s planned nationwide ban. Reddit co-founder Alexis Ohanian has confirmed he has joined Project Liberty’s bid to acquire TikTok’s US operations with the aim of bringing the platform onto a blockchain.  Ohanian’s

The Securities and Futures Commission of Hong Kong has received many requests to approve crypto ETFs for trading. 573 Total views 16 Total shares The Securities and Futures Commission, or SFC, in Hong Kong is reviewing regulations surrounding virtual currency transactions, including whether individuals can invest in exchange-traded funds, or ETFs.According to a report by South China…