by Michael
Key TakeawaysJudge Martha Pacold found Kalshi’s title-game contracts are likely swaps under the Commodity Exchange Act.Illinois’ licensing rules and a related criminal provision are likely preempted and cannot be enforced. Judge Says a Swap Is a Swap Kalshi has won a... 
by Michael
Key TakeawaysConduit says Tether froze $2.76M in USDT without a police request.Tether faces six claims as Conduit fights to regain its working capital.Conduit wants its $2.76M unfrozen plus profits tied to Tether’s reserves. Conduit Technology has taken the stablecoin... 
by Michael
Key TakeawaysWinklevoss Asset Services filed an SEC S-1 on Oct. 6 to launch a spot zcash ETF under the ticker WINK.The fund directly challenges Grayscale’s zcash product, expanding institutional access to privacy coins.Winklevoss Capital plans to buy up to $100M in... 
by Michael
Key TakeawaysFortitude signed for up to $100M of Bitmain zcash miners, with shipments targeted for Q2 2027.The deal signals a major non-bitcoin mining bet and could expand the Zcash network’s proof-of-work infrastructure.Fortitude’s next step is turning the... 
by Michael
Key TakeawaysExcluding the five top days reduces bitcoin’s three-year return to 95%.Removing the 10 strongest sessions leaves a cumulative gain of 27%.Grayscale favors consistent exposure over trying to time rallies. Just 15 Days Separate Bitcoin’s Gain From a Loss... 
by Michael
Key TakeawaysBitcoin twice topped $86,000 on Tuesday following CFTC regulatory news, reaching a peak of $86,450.Market capitalization sits near $1.72 trillion, while bitcoin position liquidations plunged to about $30 million.Bitfinex analysts expect bitcoin to trade... 
by Michael
Key TakeawaysPolymarket is running Protocol V2 canary markets from Oct. 5 to Oct. 30 before a tentative Nov. 2 switchover.V2 swaps the 2019 Gnosis token framework for one ERC-1155 contract, pUSD collateral, and one router.Regulated U.S. prediction markets did $68.18... 
by Michael
Key TakeawaysBinance led September XRP futures trading with $32.36 billion.Three major exchanges together handled approximately $56.18 billion.Higher futures turnover does not establish fresh capital inflows. September’s XRP Rebound Still Trails Earlier Peaks XRP... 
by Michael
Key TakeawaysOKX secured new strategic backing at a $25B valuation from Ripple, Circle, SC Ventures, and Qube.The round deepens OKX’s ties to Wall Street as it expands into stablecoins and tokenized finance.It remains to be seen if OKX can scale regulated finance... 
by Michael
Key TakeawaysBitcoin ETFs collectively lost $89.90M on Monday as ARKB and FBTC outflows outweighed Blackrock IBIT buying.Ether hit a five-day outflow streak as solana, zcash, and HYPE also weakened across crypto ETFs.The key test is whether IBIT demand can stabilize... 
by Michael
Key TakeawaysApple Cash will tighten identity verification rules for users who haven’t verified their identity.Green Dot Bank will keep its ban on crypto asset-related Apple Cash transactions.Both Green Dot and Apple are undergoing changes that could affect their... 
by Michael
Key TakeawaysStrategy’s $20.91B Q3 bitcoin gain beat Meta’s $19B quarterly operating income on the firm’s own chart.Q1 and Q2 losses of $14.46B and $8.32B leave Strategy roughly $1.87B down on digital assets in 2026.With BTC near $85,300, Strategy needs bitcoin to... Translate »
