South Korea has given Polymarket an opportunity to defend its operations before regulators decide whether to seek corrective action over concerns that the prediction market platform may violate the country’s gambling laws. Summary South Korean regulators will hear Polymarket’s response before deciding on possible corrective action. Authorities are reviewing whether the platform’s prediction markets violate…
The analyst argues that many altcoins now resemble Bitcoin’s earlier accumulation phases before its biggest rallies. Crypto analyst Credible Crypto believes many of the beaten-down altcoins could offer better risk-reward than Bitcoin (BTC) at current prices. According to him, projects trading 80% to 90% below their all-time highs may deliver outsized returns if the…
The UK Financial Conduct Authority has published a 147-page roadmap warning that autonomous AI systems could transform retail financial services while increasing the need for programmable digital payment infrastructure. Summary The FCA has published a 147-page roadmap outlining how agentic AI could automate retail financial services. The report identifies stablecoins and tokenized deposits as potential…
Fresh bullish signals emerged for Solana after its first SuperTrend buy trigger since October. Solana (SOL) has posted a strong recovery after rising more than 13% over the past week. The latest uptrend has pushed its monthly gains to over 30%. At the time of writing, the crypto asset was trading at around $80…
Robinhood shares have climbed more than 2% after the Trump administration officially launched the Trump Accounts savings program, even as the broader crypto market turned lower. Summary Robinhood gained over 2% as the Trump Accounts program officially launched. Wall Street firms kept Buy ratings and lifted Robinhood price targets. Trump hinted Bitcoin could join the…
Cardano (ADA) added 14,783 new non-empty ADA wallets in the days following its June 23 price bottom, according to on-chain data firm Santiment. ADA has since gained +24% in seven days, touching $0.199 on July 5 before settling near $0.181, the first time the token has traded at these levels since 2020. The wallet growth…
Will history repeat for bitcoin with another major leg down? The world’s largest corporate holder of bitcoin made the headlines earlier today by making its second BTC sale in just a few months. Aside from the immediate effect on the asset’s price, it also coincided with a popular technical tool turning bearish and suggesting…
While XRP holders everywhere else argue about ETF flows and price charts, one country quietly turned the token into working infrastructure. Regulated prepaid money on the XRP Ledger, a Deloitte-attested stablecoin, tokenized bonds paying XRP bonuses, and a financial giant that pays shareholder dividends in the token. This is what the utility thesis looks like…
In Bitcoin news today, Dave Portnoy, founder of Barstool Sports, is sitting on millions in losses after buying BTC at $100,000 and he has decided his response is to hold the position all the way to zero. Bitcoin is currently trading at $61,6000, according to CoinGecko data, roughly -37% below Portnoy’s entry point and about…
LIT solidifies its position in the top 100 alts after a major surge today. Bitcoin’s price jumped to $64,000 earlier today for the first time in roughly two weeks, but it was rejected there and now sits over a grand lower. Most larger-cap alts have remained relatively stagnant on a daily scale. Pi Network’s…
