A liquidation flush took bitcoin to its lowest since early June before Micron’s blowout earnings and SK Hynix’s U.S. listing plans steadied …
Markets
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Scams
Kalshi Sues Illinois Over New State Tax on Sports-Related Prediction Markets
by shayaanby shayaanIn brief Kalshi sued Illinois after the state created a 15% tax on revenue from sports-related prediction market wagers. The tax is …
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Markets
Live markets: Bitcoin is stuck near $64,000 as ETF outflows reach a sixth week
by shayaanby shayaanEased ETF selling and improving risk appetite are being offset by a firmer dollar and cautious institutional flows, leaving bitcoin range-bound, one …
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Charles Schwab is reportedly exploring a move into S&P 500-linked prediction-market style products with Cboe, a sign that event-contract trading is pushing …
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Scams
Charles Schwab Planning to Roll Out S&P 500 Prediction Markets With Cboe: WSJ
by shayaanby shayaanIn brief Charles Schwab is reportedly entering the prediction market space in collaboration with Cboe Global Markets. The firm had previously telegraphed …
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Prediction markets are no longer sitting at the edge of the financial conversation. Kalshi has reportedly held early discussions with investment banks …
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Markets
Schwab to join prediction markets race with S&P 500 event-based options: WSJ
by shayaanby shayaanThe planned offering would let customers bet on index moves as Coinbase and Robinhood expand in the sector. www.coindesk.com
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Markets
24X Files SEC Proposal To Bring Tokenized Russell 1000 Stocks To Regulated Markets
by shayaanby shayaanTL;DR 24X National Exchange has filed a proposed SEC rule change tied to tokenized securities trading. The proposal would allow eligible securities, …
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Markets
Live markets: Bitcoin has traded below its mining cost for five months, squeezing miners
by shayaanby shayaanLive markets: Bitcoin has traded below its mining cost for five months, squeezing miners www.coindesk.com
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Markets
Kentucky targets prediction markets, puts red state in potential clash with Trump team
by shayaanby shayaanPresident Donald Trump has taken the stance that states have no business with firms like Kalshi and Polymarket, and now a staunch …