Legislation Proposed to Bar Lawmakers from Prediction Market Wagers A new bill introduced in the House of Representatives seeks to prohibit members of Congress, their spouses, and dependents from participating in prediction markets that involve government actions, policies, or political…
I’ve been farming airdrops since before most people knew the word existed. And lately, I’ve changed how I do it. The last few months scared me a little. Not the price action, I’ve lived through worse than this since 2013.…
The Commodity Futures Trading Commission (CFTC) has finalized its legal proceedings against Alexander Mashinsky, the former CEO of Celsius, who is currently serving a 12-year prison sentence. The U.S. District Court for the Southern District of New York has entered…
Let me be honest about where I’m sitting right now. I’m currently long BTC and long HYPE. Small positions, short timeframes only. Nothing I’m married to. I’m keeping the leash tight because I’m not convinced this bear market is over,…
CME Group Challenges CFTC on Perpetual Futures Classification The CME Group, a major player in global derivatives markets, has initiated legal action against the Commodity Futures Trading Commission (CFTC), alleging the agency has altered its stance on the regulatory classification…
The Federal Reserve has issued a proposed rule that would mandate stablecoin issuers to establish customer identification programs, aiming to curb illicit financial activities. This initiative stems from the recently enacted Guiding and Establishing National Innovation for U.S. Stablecoins Act,…
I’ve been watching the crypto markets for over a decade, and one thing I’ve learned is that when something looks too clever, it usually is. Strategy’s preferred stock — ticker $STRC — just hit its lowest price ever. Not a…
Rodney “Bitcoin Rodney” Burton, a promoter within the cryptocurrency space, has entered a guilty plea in federal court, acknowledging his participation in the extensive HyperFund fraud scheme. This operation, which ran from June 2020 to January 2022, is alleged to…
CME Group, a leading global derivatives marketplace, is preparing to initiate legal action against the Commodity Futures Trading Commission (CFTC). The lawsuit stems from the CFTC’s recent approval of perpetual futures contracts, a type of derivative that does not have…
Major cryptocurrencies experienced a downturn following a Federal Reserve meeting where interest rates were maintained but economic projections indicated persistent inflation concerns. This shift, occurring during the inaugural FOMC meeting under the new chairmanship, has led to a reevaluation of…