Crypto News

Polkadot Capital Group has officially launched as the capital markets-focused division of Polkadot, aiming to bridge traditional finance (TradFi) with blockchain infrastructure. The establishment of Polkadot Capital Group responds to rising institutional demand and increasing regulatory clarity in the U.S. The division will provide insights, educational resources, and engagement opportunities for asset management, banking, andSource link

Robinhood has announced the launch of pro and college football prediction markets within the app, allowing customers to trade on the outcomes of popular football games. Since the introduction of prediction markets last year, over 2 billion contracts have been traded on the platform. The new markets will feature contracts for all regular season proSource link

Thumzup Media Corp. (TZUP), which counts Donald Trump Jr. as a large shareholder, said it will acquire Dogehash Technologies, Inc. in an all-stock deal, pivoting from digital marketing into industrial-scale crypto miningUnder the agreement, Dogehash shareholders will receive 30.7 million Thumzup shares, according to a Tuesday release, valuing the transaction at $153.8 million, based on the shares' closing price. The combined company will rebrand as Dogehash Technologies Holdings, Inc. and list on Nasdaq under the ticker XDOG, pending shareholder approval later this year.Dogehash operates about 2,500 Scrypt ASIC miners across renewable-powered data centers in North America, with plans to scale up further in 2026. Unlike firms that pad their balance sheets by simply buying coins, Dogehash has invested in its...

In a recent social media post, Kenneth Rogoff, a former Chief Economist at the International Monetary Fund (IMF), reflected on his earlier prediction that bitcoin was more likely to be valued at $100 than $100,000. Rogoff, a Professor of Economics at Harvard University, acknowledged that he underestimated the U.S. government’s willingness to implement sensible cryptocurrencySource link

After four years in the wilderness, bitcoin (BTC) exchange traded notes (ETN) are set to return to London and the change could prove more significant than many expect.Starting Oct. 8, these products, which allow retail investors to gain exposure to the cryptocurrency without buying it themselves, will become available after being banned by the Financial Conduct Authority (FCA) in January 2021. The regulators argued at the time that extreme volatility, susceptibility to fraud and the difficulty of valuation made them too risky for retail investors.But the ban also left the U.K. lagging behind developments elsewhere. The U.S. spot exchange-traded funds have been a resounding success, with more than $65 billion dollars flowing into bitcoin and ether (ETH) ETFs since their...