Crypto News
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...
The Protocol: Ethereum’s Wall Street Cheerleader
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Ben Schiller, CoinDesk’s Opinion and Features editor.In this issue:Ethereum’s Wall Street cheerleaderAvalanche cuts fees by 75%Arbitrum integrates BitcoinUBS tests ZKSync for goldThis article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday.Network newsETHEREUM’S WALL STREET GUY: Ethereum is facing an identity crisis. Its native token, ether (ETH), is underperforming against competitors, and longtime builders are beginning to question whether the chain's technology is falling behind – and if its community is losing focus. The Ethereum Foundation, the nonprofit that stewards Ethereum's development,...
Super Bowl Sweepstakes: Perplexity AI’s Million Dollar Question
AI search upstart, Perplexity, is throwing serious cash at a Super Bowl contest in the hopes of wooing new users.Source link
Arbitrum Integrates With BitcoinOS to Expand Into the Bitcoin Network
Arbitrum has integrated with BitcoinOS (BOS) to bring its Ethereum-based layer two (L2) scaling solution to the Bitcoin network. Arbitrum Brings Ethereum-Based L2 Scaling to Bitcoin According to the release shared with Bitcoin.com News, the integration allows Arbitrum One, an L2 network on Ethereum, to function as a hybrid rollup that leverages both Bitcoin’s securitySource link