Author: driver789

Polymarket, the prediction market platform, has enlisted Chainalysis to bolster on-chain oversight and curb insider-informed betting. The collaboration aims to provide an on-chain market integrity solution designed to monitor trading activity and surface patterns that may indicate non-public information being used to place bets. In a landscape where volatile real-world events increasingly feed digital markets, the move seeks to reinforce platform rules and restore user trust after a string of controversial bets tied to sensitive developments. The initiative reflects a broader push within the crypto prediction ecosystem to adopt more rigorous surveillance measures as regulators scrutinize the space for manipulation…

A U.S. Senate that’s struggled to move crypto market structure legislation moved like lightning on Thursday to ban themselves from participating in prediction markets.Acting on a simple, 14-line resolution pushed by Ohio Republican Senator Bernie Moreno, the Senate agreed unanimously to put a restriction between members and the increasingly popular, controversial betting platforms that have drawn scrutiny over insider-trading activity and fights over who has regulatory jurisdiction.“United States Senators have no business engaging in speculative activities like prediction markets while collecting a taxpayer-funded paycheck, period,” said Senator Moreno in a Thursday statement. “Serving in Congress should never be about finding…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Latest Ethereum on-chain activity has given traders a clear reason to look at the sell side. A series of large ETH transfers tied to wallets linked with Galaxy Digital has raised questions about whether whales are actively dumping into the market.  Data from on-chain transaction tracker Lookonchain shows that two wallets linked to Galaxy Digital recently deposited 45,000 ETH across multiple crypto exchanges over a 15-hour window. Ethereum Whales Move $104 Million In ETH To Exchanges On-chain data shows that some Ethereum whale wallets are currently on…

Morgan Stanley’s Amy Oldenburg said a future move by major banks to put Bitcoin on their balance sheets is “not totally out of the question,” pointing to regulatory progress while warning that capital rules and global supervisory alignment still matter. Speaking during a Bitcoin 2026 conference panel, Oldenburg was asked what it would take for a bank like Morgan Stanley, or another regulated financial institution, to make the leap from offering Bitcoin exposure to actually holding Bitcoin as a treasury asset. “Bitcoin on the balance sheet,” she said, pausing on the premise. “You know, I think if we continue to…

Steak ‘n Shake Chief MAHA Officer Michael Boes told attendees at the Bitcoin 2026 Conference in Las Vegas that Bitcoin has become a core driver of the chain’s business performance, pointing to 2 million new customers, dramatic cost reductions, and a sweeping menu overhaul tied directly to savings from bitcoin payments. Boes cited how the chain launched its Bitcoin payment platform on May 16, 2025, via the Lightning Network, and the results came fast. Same-store sales rose 11% quarter over quarter in Q2 2025 and accelerated to 15% in Q3 2025, outpacing major rivals including McDonald’s, Taco Bell, and Domino’s. …

Bitcoin (BTC) is trading at $76,350, which is above several key investors’ cost-basis levels. The one-to-three-month holder average sits at $75,620, placing a large share of recent buyers near breakeven, while the price sits just below the US spot exchange-traded fund (ETF) cost basis of $76,700. The short-term holder (STH) cost basis and the adjusted realized price extend on either side of this range, increasing the importance of the $75,000 level as a near-term support pivot. BTC cost basis cluster tightens near $75,000The one-to three-month holder cohorts share an average cost basis of $75,620. That level capped the price earlier in March…

Elon Musk is pushing forward with one of the most ambitious transformations of the financial ecosystem: turning X into a fully integrated banking and payments platform through X Money. Early tests suggest that the platform could combine traditional banking features with fintech innovation, potentially reshaping how users interact with money on a global scale. What X Money Is Offering So Far According to early users cited by Bloomberg, X Money is already experimenting with a compelling set of features: Up to 3% cash back on eligible purchases Around 6% interest on cash savings, significantly higher than traditional bank averages Peer-to-peer…

Robinhood’s (HOOD) nearly 12% drop since its big earnings miss is being waived off by some big investors and Wall Street analysts. The popular trading platform missed its first-quarter earnings and revenue estimates on April 28, mainly due to weaker crypto trading activities. The market punished the stock on the miss, but Cathie Wood’s Ark Invest saw that as an opportunity and bought roughly $39.7 million worth of shares the next day, signaling confidence in the trading platform’s future. Robinhood remains a meaningful position across Ark’s portfolios, accounting for roughly 3% and ranking among the top holdings in all three…

Kevin Hassett warns that reappointing Jerome Powell to the Fed Board could delay or dilute Trump-era rate cuts, keeping crypto traders fixated on personnel-driven monetary policy. Summary White House NEC Director Kevin Hassett warned that Jerome Powell’s reappointment to the Fed Board could sway the timing and depth of interest rate cuts. The Fed has held its benchmark rate at 3.5%-3.75% in Powell’s final meetings as chair, with markets split over how quickly incoming leadership will ease policy. Crypto traders now see Fed personnel politics as a key variable for Bitcoin, Ethereum, and broader digital asset liquidity. White House National…

Bitcoin’s recent rejection near key resistance has raised fresh concerns about the strength of its ongoing rally. After a steady climb, signs of selling pressure are beginning to emerge, hinting that bullish momentum may be weakening. With price now hovering around critical support zones, the next move could determine whether the uptrend regains traction or starts to lose steam.  2–618 Pattern Triggers: BTC Rejected At $78,000 In a market update, analyst Kamile Uray revealed that the long-anticipated 2-618 pattern for Bitcoin has officially activated. After the price approached the $78,037 mark, significant selling pressure stalled the upward momentum. This reaction…