Author: driver789
French multinational universal bank BNP Paribas is expanding its investment offering to include six crypto-linked exchange-traded notes (ETNs), giving retail clients in France access to Bitcoin and Ether exposure through regulated products.The new ETNs, indexed to the price of Bitcoin (BTC) and Ether (ETH), will be available from Monday via standard securities accounts, according to the company. The products are open to individual investors, entrepreneurs, private banking clients and users of the bank’s digital platform, Hello bank!. The rollout may later extend to wealth management clients outside France.Unlike direct crypto purchases, ETNs allow investors to track the performance of digital…
The cryptocurrency projects with the largest user base have been announced. On-chain data shows that Layer-1 (L1) ecosystems, in particular, continue to be the main drivers of global adoption, reaching millions of users. Projects reaching hundreds of millions of wallet addresses stand out at the top of the list, while changes over the last 30 days also offer important clues about the growth rate of these ecosystems. Here are the altcoins with the highest number of token holders in the last 30 days, along with the number of token holders and the change compared to the previous month: BNB ($613.42…
Bitcoin BTC$66,635.24 may have already priced in the effects of tighter monetary policy, leaving stocks more exposed to the latest macroeconomic shocks, according to asset manager Bitwise.The firm’s comments come as the cryptocurrency continues to correct below $70,000, down more than 23.7% year-to-date.Geopolitical unrest and energy disruptions, particularly from the U.S.-Iran conflict choking the Strait of Hormuz, have driven oil and gas prices higher in recent weeks. That surge has put pressure on inflation expectations, causing markets to walk back earlier bets on Federal Reserve rate cuts.On prediction markets including Polymarket and Kalshi, the perceived odds of the Fed cutting…
Prediction markets aggregate human judgment in theory, but some of their consistent trading opportunities may end up captured by systems that move faster than any person can.Arbitrage opportunities can show up as brief mispricings, from outcomes that temporarily fail to sum up to 100%, to short delays in how quickly markets react to new information.Rodrigo Coelho, CEO of Edge & Node, said bots are already scanning hundreds of markets per second, a role that increasingly overlaps with more advanced AI-driven agents.“Capturing those opportunities requires monitoring thousands of markets and executing trades almost instantly, which is why they’re largely dominated by…
Canada’s federal government has moved to ban cryptocurrency donations to political campaigns, shutting down a fundraising channel that appears to have seen little to no real-world use in the country’s previous elections.Bill C-25, the Strong and Free Elections Act, introduced March 26, would prohibit political contributions made in BTC and other cryptoassets, as well as in money orders and prepaid payment products, grouping them as forms of funding that are difficult to trace.The ban applies broadly across the political system, covering registered parties, riding associations, candidates, leadership and nomination contestants, and third parties engaged in election advertising.The move comes as…
Bitcoin’s recent price action confirms a clear structural breakdown, ending weeks of compression and shifting momentum to the downside. While a short-term bounce remains possible as price fills nearby imbalances, the broader outlook stays bearish. Unless key resistance levels are quickly reclaimed, any upside move is likely to be temporary, with further downside pressure expected. Rising Channel Breakdown Signals Shift In Structure According to a BTC update by crypto analyst Columbus, the market structure has finally broken down after weeks of compression. Price had been coiling within a rising channel, forming higher lows that pressed into overhead resistance. Instead of…
Canada’s federal government has proposed a total ban on cryptocurrency donations to political parties, citing concerns that foreign entities could exploit the technology to interfere in elections.Known as the Strong and Free Elections Act, the bill was introduced on Thursday and proposed to amend the Canada Elections Act to prohibit political parties and third parties involved in the election process from accepting donations in crypto, money orders and prepaid cards to prevent anonymous and “hard to trace contributions.”The bill’s sponsor, Steven MacKinnon, the leader of the government in the House of Commons, said in an X statement on Thursday that…
Prediction market platform Kalshi has been cleared to offer margin trading to professional clients, a move designed to make its platform more appealing to institutional investors.The license, granted to Kalshi’s affiliate Kinetic Markets, allows it to operate as a futures commission merchant, according to a filing with the National Futures Association. Before margin trading goes live, the company still needs a sign-off from the Commodity Futures Trading Commission (CFTC) for rule changes that would enable trading without full collateral up front.Margin trading lets investors open positions with less upfront capital, a practice common in traditional markets but new to regulated…
The price of Bitcoin succumbed to bearish pressure and fell to around $65,500 on Friday, while the geopolitical tensions between the United States, Israel, and Iran seem to worsen. According to a recent on-chain evaluation, this latest price decline appears to have been triggered by a panic-driven sell-off among the market’s most sensitive investor group. Panic Selling Dominates Short-Term Market Sentiment Market analyst Maartunn revealed, in a March 27th post on the X platform, that Bitcoin’s short-term holders have moved a significant amount of Bitcoin into exchanges over the past day. This on-chain observation puts some perspective on the latest…
Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws with its products.The Washington Attorney General’s complaint cites the Pacific Northwest state’s existing ban on online gambling and otherwise strict oversight of the gaming market, in claiming Kalshi violated the Washington Consumer Protection Act, Gambling Act, and Recovery of Money Lost at Gambling Act.”Kalshi’s website and app show consumers a range of events that they can bet on and the odds for those various events, which dictate how much the bettor will be paid out if…