Author: John Smith
A U.S. District Court in Nevada has granted Kalshi a preliminary injunction, temporarily halting the state’s efforts to block the crypto-based prediction market from operating. The ruling allows Kalshi to continue offering sports event contracts in Nevada while its legal challenge against the state proceeds. Today, the Federal Court in Nevada granted Kalshi’s preliminary injunction and blocked the State from trying to prevent Kalshi from offering prediction markets.We are grateful for the court’s careful attention to this matter and recognition of Kalshi’s status as a… pic.twitter.com/oxZpgkWWGX— Tarek Mansour (@mansourtarek_) April 9, 2025 Judge Andrew P. Gordon issued the decision Tuesday,…
EDX Markets, a cryptocurrency exchange backed by Citadel Securities, Charles Schwab, and Fidelity, has announced a new partnership with digital asset infrastructure firm BitGo to accelerate institutional adoption of crypto. The partnership will see venture capital backed and institution-focused EDX Markets integrate BitGo’s settlement layer Go Network to enable instant settlement of digital assets and fiat. EDX will tap into BitGo’s qualified custody platform to allow clients trade and settle, reducing exposure to the exchange. Meanwhile, EDX’s deep liquidity becomes accessible to BitGo’s pool of liquidity as BitGo Prime joins EDM Markets as a member. Infrastructure and regulatory compliance are…
Bitcoin’s downside pressure has seen sell-off dynamics shift from newer coins to older cohorts, with the gradual capitulation coming amid broader market weakness. On-chain metrics and data insights platform Glassnode says Bitcoin (BTC) Bitcoin’s downside pressure has seen sell-off dynamics shift from newer coins to older cohorts, with the gradual capitulation coming amid broader market weakness. Year-to-date, BTC has dropped more than 17%, including a 9% decline in the past week. Tariffs and broader economic uncertainty have weighed heavily on risk assets, including Bitcoin. With this performance, coins in the three to six months cohort have seen share of realized…
OKX has announced the upcoming launch of the PARTI/USD trading pair, sparking renewed investor interest as the token begins to recover from its post-launch decline. OKX has officially announced the launch of the PARTI/USD trading pair, set to go live on April 10 at 4:30 PM UTC+8. This upcoming listing builds on the initial launch of PARTI on March 25, when OKX first listed the token, initially offering it against Tether (USDT). Prior to this, PARTI gained significant exposure through an extensive promotional campaign, including an airdrop to Binance users as part of its HODLer Airdrop Program. During this period,…
After years of relying heavily on trading fees, crypto exchanges seem to be experimenting with subscription models in a possible shift toward more predictable business models. Crypto exchanges are no longer just places to buy and sell cryptocurrencies. As trading volume remains volatile — sometimes swinging within hours — platforms like Kraken and Coinbase are turning to subscription models in search of more stable revenue. Over the years, crypto traders have seen exchanges roll out a wide range of services — from decentralized platforms and staking products to NFT marketplaces, lending features, and peer-to-peer tools. But most of them still…
In a fiery House hearing, Rep. Maxine Waters took a shot at Trump’s numerous crypto ventures, accusing him of doubling his wealth at the expense of investors. Trump’s crypto ventures raise major concerns over corruption, Rep. Maxine Waters stated in a recent House hearing. On April 9, the Democratic congresswoman and House Financial Services Committee member accused Donald Trump of using crypto to enrich himself at the expense of investors and the public. Waters referenced his memecoin, the Official Trump token (TRUMP), which has plunged 89.93% from its all-time high of $75.35 in January. According to Waters, this “fraudulent memecoin”…
Ethereum developer and early contributor Virgil Griffith has been granted early release from prison after serving nearly five years for violating U.S. sanctions on North Korea. Griffith, 41, was arrested in 2019 following a controversial trip to North Korea, where he gave a presentation at a cryptocurrency conference in Pyongyang. U.S. prosecutors alleged that his talk, titled “Blockchain for Peace,” explained how the country could use crypto to evade sanctions and launder money. Griffith pleaded guilty in 2021 to one count of conspiracy to violate the International Emergency Economic Powers Act and was sentenced to 63 months in prison and…
With Bitcoin down and U.S.–China tariffs now at 84%, does this mark the start of another systemic selloff, or will the Fed manage to contain the fallout? Beijing announces further tariffs against the U.S. Trade tensions between the U.S. and China have escalated quickly in recent days, leading to visible pressure across global financial markets. On Apr. 6, China retaliated against the U.S.’s tariff escalation by announcing a 34% counter-tariff on American goods, directly responding to the 34% levy President Trump had introduced just days earlier under his new “Liberation Day” tariff policy. In turn, Trump said that if China…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Pi Network crumbles, investors are flocking to Yeti Ouro’s presale for its potential to provide higher gains. As Pi Network’s price continues to fall below its support level, investors are slowly losing hope that the project will regain momentum. While investors seek safer and more secure investment options, Yeti Ouro (YETIO) turns heads with its deflationary model, presale success, and well-structured tokenomics. Pi Network price forecast Pi Network’s declining performance can be clearly seen. Taking a one-month valuation,…
Ethereum price continues its freefall and has formed an inverse cup and handle pattern, pointing to further downside to a record low Ethereum (ETH) has dropped for three consecutive weeks and is hovering at its lowest level since January 2020 against Bitcoin (BTC). The ETH/BTC pair plunged to a low of 0.019, down more than 80% from its peak in December 2021. ETH has also declined from last year’s high of $4,000 to below $1,500, while its market cap dominance has fallen 67% from its 2021 highs and is now approaching 2022 levels. The ongoing selloff began in September 2022…