by Michael
Key TakeawaysPrediction market trading volume reached $10.8 billion, setting a new weekly industry record.Major events across finance, sports, and geopolitics helped drive unprecedented trading activity.Baseline weekly volume has risen from under $1 billion a year ago...
by Michael
Key TakeawaysRep. Bryan Steil’s bill would bar House members and families from political bets on Kalshi and Polymarket.Violators face a penalty of at least $2,000 or 10% of the trade, plus forfeiture of net profits.Speaker Johnson and Trump back the measure, which...
by Michael
Key TakeawaysSTRC hit $82.53, testing Michael Saylor’s credit structure as analysts warn of deeper stress.UNI rose 23% as Standard Chartered’s 37x DeFi forecast renewed institutional interest.Illinois’ 0.2% crypto transfer tax starts Jan. 1, 2027, raising fears of...
by Michael
Key TakeawaysAlex Thorn said 52 named wallets moved 34,335 BTC after filing, challenging abandonment claims. 12,302 BTC have been moved since they were served onchain.Galaxy Research tracked $2.48B in BTC movements, adding scrutiny to the plaintiffs’ theory. Nearly...
by Michael
Key TakeawaysCryptoquant’s Ki Young Ju says top analysts turned bearish on Bitcoin, leaving him a rare bull predicting BTC near $70,000 in the near future.He warns bitcoin’s slump could persist into early 2027, with stagnation a bigger risk than a crash.Cryptoquant... Translate »