Decrypt

SEC Seeks Court Approval to Dismiss Kraken’s Major Legal Defenses

Kraken’s attorney, Michael O’Connor, criticized the SEC’s move on Wednesday, calling it an ‘Election Day gambit.’Source link

Will the Fed’s Expected Rate Cut Matter Much for Bitcoin?

Lower interest rates reduce borrowing costs, increase consumer spending, and make traditionally safer investments like bonds less appealing.Source link

Polymarket Faces Potential Ban in France After Raking in $3.5B from US Election: Report

France's gambling authority is reportedly preparing to ban the prediction market platform, according to a local media report.Source link

AI Advocates See Trump Re-election as Industry Boost but Urge Caution on Policy

A priority of the next administration will be protecting the US’s position as an international AI leader, an issue Trump has promised.Source link

BlackRock’s Bitcoin ETF Clinches Record $4 Billion Trading Volume Amid Trump Win

While IBIT outperformed its rivals on the day, the category still recorded $6 billion in total volume across all fundsSource link