Crypto News

CFTC to Review Prediction Markets in Public Roundtable

The CFTC's roundtable review is expected to influence both centralized and blockchain-based prediction markets.Source link

218,887 BTC in One Quarter—Microstrategy MSTR Sets Record With Mega Bitcoin Buy

Microstrategy, also known as Strategy, recorded its largest quarterly bitcoin acquisition in Q4 2024, adding 218,887 BTC for $20.5 billion as it expanded its accumulation strategy. The Biggest Bitcoin Buy in Microstrategy’s History—And They’re Not Stopping Microstrategy Inc. (Nasdaq: MSTR), also known as Strategy, reported its fourth-quarter earnings for 2024 on Feb. 5, marking significantSource link

Streamers Adin Ross and FaZe Banks Plan Crypto ‘GTA 6’ Server—Would It Be Banned?

Adin Ross and FaZe Banks want to create a crypto-fueled GTA 6 server built around a new coin—but history suggests Rockstar won’t allow it.Source link

Global Crypto Markets Exhibit Steady Pulse Amid Narrow Gains

The cryptocurrency sphere displayed modest equilibrium midweek, its total valuation clinging to $3.2 trillion—a fractional percentage point uplift from the prior day’s start. Crypto Markets Hold Steady at $3.2T as TRUMP Meme Coin Defies Bearish Tide Barely 38% of digital assets flirted with optimism, as the TRUMP meme coin, crowned the day’s champion, vaulted overSource link

Trump’s CFTC Head Slams Prediction Markets Resistance Under Predecessor

The U.S. Commodity Futures Trading Commission's legal campaign against prediction market platforms such as Polymarket and Kalshi can't just be shut down, according to Caroline Pham, the acting agency chairman put in place by President Donald Trump.Pham said the agency will gather experts for a roundtable meeting, probably next month, that can build a case for how the commission ought to approach regulation and oversight of firms that offer betting on event contracts. She noted that despite her continued objections in recent years to former Chairman Rostin Behnam's enforcement stance against prediction markets — including wagers made on sporting events and U.S. political outcomes — the agency moved too far on its path to easily reverse it."Unfortunately, the undue delay...