In brief A Michigan federal judge ruled sports prediction markets are not CFTC-regulated swaps, siding with state regulators over Polymarket. The court …
Markets
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Markets
Coinbase intoduces AI advisor, stock options, and pre-IPO markets in finance push
by shayaanby shayaanThe crypto exchange is expanding into investing, derivatives and banking services as it pursues an all-in-one financial platform. www.coindesk.com
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Regulation
CLARITY Act Brings Certainty, Protection, and Integrity to Crypto Markets
by shayaanby shayaanU.S. Senator Cynthia Lummis (R-WY), a prominent advocate for digital assets, has stated that the CLARITY Act will provide long-sought legal certainty …
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Markets
Live markets: SpaceX surges in pre-market trading as valuation climbs above Amazon's
by shayaanby shayaanEther, XRP, Solana and Hyperliquid funds all took in money, but bitcoin’s outflow was really just Grayscale’s GBTC. www.coindesk.com
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Kalshi has deployed an artificial intelligence agent to help decide which prediction markets to launch as trading activity on the platform has …
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Finance
Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion
by shayaanby shayaanA significant transformation is currently underway across the established cryptocurrency market. The top crypto exchanges are morphing into multi-asset financial platforms, breaking …
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Markets
Hyperliquid loses Anthropic, OpenAI markets as creator shuts down project
by shayaanby shayaanVentuals, one of the teams behind real-world asset perpetuals on Hyperliquid, said it is closing its markets and joining another project in …
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Finance
Legacy sportsbooks are chasing prediction markets that already trade billions each month
by shayaanby shayaanDraftKings told investors on June 9 that its prediction markets business is scaling fast, and the market liked what it saw. The …
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Regulation
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
by shayaanby shayaanThe Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state from applying its …
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Markets
Live markets: Bitcoin not fully out of danger as Trump warns of further Iran strikes
by shayaanby shayaanA ceasefire in April collapsed, and US strikes broke a second truce on June 9 with bitcoin giving back the entire move …