Fast-moving coverage across crypto markets, regulation, ETFs, macro spillovers, and digital-asset infrastructure.
Markets
Despite persistent negative funding rates in Bitcoin futures, signaling bearish sentiment, major exchange data reveals that institutional traders are largely maintaining their long positions, suggesting underlying resilience amidst broader market uncertainty.
Markets
Prediction market Polymarket has vehemently denied recent claims of a data breach, asserting that a purported hacker is merely repackaging and attempting to sell publicly accessible on-chain and API data, rather than compromised private user information.
Markets
Robinhood's latest earnings report reveals a significant downturn in its crypto trading segment, with revenue and volume nearly halving year-over-year. However, the platform's burgeoning prediction market business provided a crucial offset, highlighting a strategic shift amidst market volatility.
Regulation
The CFTC has filed its fifth lawsuit against a U.S. state, this time targeting Wisconsin, in an ongoing effort to assert federal jurisdiction over prediction markets and prevent states from regulating them as illegal gambling.
Markets
BitMart marks its eighth anniversary with a significant $4.4 million "Trade-to-Feed" competition, introducing EAT as the crypto industry's first "cause coin" and linking trading volume directly to charitable giving.
Infrastructure
Stablecoin issuer Tether is significantly expanding its Bitcoin mining operations, securing a new order from Canaan for advanced, immersion-cooled hardware. This move signals Tether's deepening commitment to vertically integrated, data center-style infrastructure, potentially reshaping the landscape of large-scale Bitc
Markets
U.S. spot Bitcoin ETFs recorded their first net outflows in nine sessions, totaling $263 million, as BTC struggled to hold above $77,000. This shift marks a pause in the recent bullish momentum, with Fidelity leading the outflows.
Regulation
Republican Senator Thom Tillis is holding firm on a critical ethics provision, threatening to derail the Senate's crypto market structure bill unless it addresses potential conflicts of interest for public officials involved in digital assets.