Author: Crypto Editor

Key TakeawaysPresident Trump has softened his criticism of prediction markets, citing a want to make sure the U.S. isn’t “overlooked within the chilly” by worldwide opponents.Platforms like Polymarket and Kalshi recorded a staggering $23.6 billion in buying and selling quantity throughout March 2026.Donald Trump Jr. holds advisory roles at each Polymarket and Kalshi, whereas Trump Media eyes its personal prediction platform.The narrative surrounding prediction markets has taken a dramatic flip throughout the Oval Workplace. Simply days after expressing skepticism and evaluating the worldwide monetary atmosphere to a “on line casino,” President Trump has signaled a brand new willingness to embrace…

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Robinhood reported its smallest quarterly revenue in a yr on Tuesday, highlighting the retail brokerage’s lingering publicity to retail merchants whose engagement has proven indicators of cooling alongside a pointy downturn in cryptocurrency costs.The corporate disclosed a first-quarter revenue of $346 million, or $0.38 per share, in comparison with $336 million a yr in the past. Representing a 3% year-over-year enhance, the efficiency fell barely in need of analysts’ expectations of a $0.39 acquire per share for the agency.Robinhood indicated that income clocked in at $1.07 billion, a efficiency that the corporate attributed to “double-digit development throughout equities and choices,…

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The US Commodity Futures Buying and selling Fee on Tuesday sued the state of Wisconsin within the company’s newest effort to claim jurisdiction over prediction markets after the state sued a number of platforms.The CFTC stated in an announcement that it filed the lawsuit in opposition to Wisconsin “in response to the state’s lawsuits in opposition to Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase, 5 CFTC-regulated prediction markets.”“States can’t circumvent the clear directive of Congress,” CFTC Chairman Michael Selig stated. “Our message to Wisconsin is similar as to New York, Arizona, and others: for those who intrude with the operation of…

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Canada is proposing to ban crypto ATMs as a part of a broader crackdown on fraud and cash laundering, citing rising proof that the machines have grow to be a key device for scammers.The measure, included within the Liberal authorities’s Spring Financial Replace launched Tuesday, would eradicate crypto ATMs nationwide. Officers described the machines as a “major technique” for defrauding victims and laundering illicit funds.”To guard Canadians by shutting down a major technique for scammers to defraud victims, and for criminals to position their money proceeds of crime,” the federal government mentioned, it plans to ban the machines totally.A crypto…

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PumpFun burns $370M PUMP tokens and commits 50% income to buybacks, focusing on belief, shortage, transparency, and stronger progress. PumpFun introduced a serious token burn and future buyback plan. The platform incinerated all of the PUMP tokens beforehand purchased. They’ve a mixed worth of roughly $370 million. Thus, the availability decreased considerably, and the curiosity available in the market elevated quickly. PumpFun Makes use of PUMP Burn Plan to Construct Belief The corporate claimed that burned tokens have been equal to 36% circulating provide. This transfer was a response to earlier buyback actions. The query of the longer term use…

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Bitcoin (BTC) has remained comparatively resilient amid ongoing geopolitical tensions, with its worth broadly trending greater since late February. In response to Bitwise CIO Matt Hougan, MicroStrategy has emerged as a standout contributor to the current rally on account of its continued large-scale Bitcoin purchases. MicroStrategy’s STRC Shares Are the Actual Engine Behind Bitcoin’s Rally In a memo printed Tuesday, Hougan acknowledged that a number of forces have contributed to Bitcoin’s current climb. He pointed to robust ETF inflows of $3.8 billion since March 1 and a wave of recent accumulation from long-term holders. Nonetheless, he argued that Technique has…

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Block reveals 28,355 BTC holdings via verified Proof of Reserves Almost $700M held in company treasury, relaxation belongs to shoppers Transfer highlights rising institutional confidence in Bitcoin Jack Dorsey’s Block simply did one thing most corporations keep away from, it confirmed precisely how a lot Bitcoin it holds, no guessing, no obscure statements. The agency launched a Proof of Reserves confirming 28,355 BTC on its books on the finish of Q1 2026, price roughly $2.2 billion, which is… not a small quantity by any measure. In an area the place transparency is usually promised however not often delivered, really placing…

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Jan3 CEO Samson Mow is looking for an “Omega candle” and $1 million Bitcoin, arguing {that a} huge provide shock is already unfolding and that almost all buyers merely don’t perceive how constrained the out there provide actually is. Mow’s case for $1 million In an interview with Pete Rizzo, Mow pushed again on the concept Bitcoin remains to be following a predictable four-year cycle, declaring that the asset hit an all-time excessive earlier than the newest halving and produced a much less euphoric peak afterward. He mentioned: “All the pieces is up within the air now. And I believe…

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Aayush Jindal, a luminary on the planet of economic markets, whose experience spans over 15 illustrious years within the realms of Foreign exchange and cryptocurrency buying and selling. Famend for his unparalleled proficiency in offering technical evaluation, Aayush is a trusted advisor and senior market professional to traders worldwide, guiding them via the intricate landscapes of recent finance along with his eager insights and astute chart evaluation. From a younger age, Aayush exhibited a pure aptitude for deciphering advanced methods and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he launched into a journey that might lead…

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Uptrend is in severe hazardMomentum is quickly descendingHyperliquid had been sustaining a transparent 62-day uptrend, characterised by a good ascending trendline and a constant sequence of upper lows.Now that construction is damaged, and the way wherein it broke is extra vital than the precise reality. As an alternative of drifting steadily, the value made a decisive transfer to interrupt the trendline. That is not simply consolidation; it is a change in energy.Uptrend is in severe hazardThe market immediately shifted right into a weaker posture after the uptrend, which was serving as dynamic assist, failed. As you’ll be able to see,…

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