Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Summary Kalshi raised $1bn in a Series F round led by Coatue at a $22bn valuation, doubling the $11bn it achieved just five months ago. Institutional trading volume on the platform surged 800% in six…
The US labor market just delivered its second consecutive month of solid job gains, with nonfarm payrolls growing by 115,000 positions in April 2026. That nearly doubled what economists had penciled in. The unemployment rate held firm at 4.3%. A year ago, the monthly jobs number was basically a rounding error. The 2025 average came…
Many analysts have noted in the past few weeks that XRP is close to a break out. Yet, every attempt has been halted so far. In February, XRP tried to break out after the early-month calamity but was stopped at $1.65. A month later, the bears stepped up even before that when the asset…
SIREN price surged 22% on Binance perpetuals on May 8, hitting $1.2965 before a sharp 4H reversal warned of seller resistance. Summary SIREN’s Binance perpetual contract rose 22.82% on May 8, touching a session high of $1.2965 on volume of 139.23M tokens. The 4H spot chart on MEXC printed a long upper wick at $1.2207…
The Federal Reserve Board has released its latest Financial Stability Report, a semi-annual deep dive into the health of the US financial system. The headline finding: the system is under more pressure than usual, with global risks stacking up, a balance sheet that’s grown to roughly 21% of nominal GDP, and stress test projections that…
The last comparable wallet exit rate in 2024 saw over 964,000 wallets leave across five weeks, preceding a notable bull run. Bitcoin (BTC) shed around 245,000 wallet holders in just five days, the fastest rate of wallet exits in nearly two years, according to on-chain analytics firm Santiment. The last time this happened at…
Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in client funds. The complaint alleges Etana commingled custodial assets with operating funds, made risky bets…
UBS Group acquired 551,121 additional shares of Strategy (formerly MicroStrategy) in a purchase valued at approximately $98 million. That brings UBS’s total MSTR position to 6.31 million shares, worth roughly $1.12 billion at current prices. A pattern, not a one-off Back in February, UBS scooped up 3.23 million shares in a single move, boosting its…
Trump has abandoned his Iran war maximalist demands as polls drop and peace talks remain deadlocked Summary Trump has quietly dropped demands for Iran’s unconditional surrender and regime change, two of his stated original goals at the start of the war. His approval rating on the Iran war has fallen from 39% in early March…
## Market Snapshot The market for the next US-Iran diplomatic meeting currently shows a 25.1% probability of a meeting occurring by June 30, 2026, reflecting a slight decline from previous levels. The potential resumption of talks in Islamabad next week has yet to significantly alter these odds. ## Key Takeaways – The report of potential…
