Author: driver789
Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket.The decision, announced Friday, follows a directive from the Ministry of Finance and enforcement by the National Telecommunications Agency (Anatel), according to state-owned news outlet Agência Brasil. Authorities claimed that such services fall outside Brazil’s current legal framework and therefore operate illegally.“We have been monitoring the evolution of this sector in Brazil, which suffered a period of anarchy because there were no rules, no oversight, from 2018 to 2022,” Finance Ministry executive secretary Dario Durigan reportedly said during a press conference at the Palácio do Planalto.The…
Not everything in bitcoin is at risk from a quantum computer.Bitcoin mining, the process by which new blocks get added to the blockchain, uses a type of math called hashing that quantum computers cannot meaningfully break. The ledger itself and the rule that new bitcoin can only be created through mining would survive a quantum attacker. Blocks would still get produced, and the chain would keep running.What would not survive is ownership. Bitcoin wallets are protected by a different kind of math that turns a secret private key into a public address anyone can see. The math works easily in…
Following the drawdown from 2025, the XRP price has dropped by more than 50% from its cycle peak to struggle below $1.5. With the recent recovery, there has been some improvement in the price action, but the sustainability of the rally remains to be seen. As the sideways action continues, the question now remains if the XRP price will be able to hit $3 again in 2026, which would be an over 100% increase from its current levels. XRP Price Will Not Go Above $2.3 The Crypto Predictions website shows the possible trajectories for digital assets, and the predictions for…
Metaplanet said it will issue ¥8 billion ($50 million) in zero-interest bonds to expand its Bitcoin holdings, according to a Friday statement, extending a financing strategy that has defined its balance sheet shift toward digital assets. The issuance marks the firm’s 20th series of ordinary bonds and will mature in April 2027. The bonds are unsecured and carry no interest, giving the company access to capital without added debt servicing costs. Proceeds are earmarked for additional Bitcoin purchases, with repayment due at par upon maturity. The bonds were allocated to EVO FUND, a Cayman-based investor tied to Evolution Financial Group…
Aurelion, a Nasdaq-listed company building a Tether Gold-backed treasury, has allocated 10,000 units of the token, worth about $48 million, to a newly launched protocol designed to generate yield on tokenized gold.The DeFi protocol, XAUE, was introduced earlier this week by the Aurise Foundation as a treasury layer for Tether Gold, allowing tokenized gold to be used in yield-generating strategies while maintaining exposure to the underlying asset.Aurelion is the rebranded form of wealth and asset manager Prestige Wealth and is positioning Tether Gold as a primary reserve asset. In October 2025, the company raised $150 million in financing, including a…
XRP is stuck just below resistance, but the price action is starting to lean one way. Every push higher gets sold, but each pullback is getting shallower. That tells you sellers are still active, but they’re losing control bit by bit. When that balance shifts, the move that follows is usually quick and decisive.Price is grinding sideways at the top of the range, which is where markets typically resolve after absorbing supply. Add rising participation and steady positioning underneath, and this starts to look less like indecision and more like a setup waiting for a trigger.News Background• Spot XRP ETFs…
As Bitcoin (BTC) attempts to reclaim a crucial level as support, spot exchange-traded funds (ETFs) based on the flagship cryptocurrency have registered their best performance since the October market crash. Related Reading Bitcoin ETFs ‘Back In The High Life’ US spot Bitcoin ETFs extended their positive streak to eight days after pulling in $223.2 million on Thursday, signaling strong demand for the investment products as the crypto market recovers. The BTC-based funds have been consistently seeing positive net flows since April 14, recording $2.09 billion in inflows during this period, according to SoSoValue data. This marks the category’s strongest performance…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is consolidating around $2,300, holding a level that represents meaningful recovery from the February lows but still sitting well below the highs that defined the previous cycle. The price action is tentative — not breaking down, not breaking out — and the market is in the kind of cautious, assessing mode that tends to precede a decisive move in either direction. An Arab Chain report has just added a layer of order flow context that begins to explain what is happening beneath that surface stillness. The…
Nakamoto Inc. has launched an actively managed Bitcoin derivatives program aimed at generating income from market volatility while reducing downside exposure, according to a company statement released Friday. The program, in operation since the first quarter of 2026, is structured as a complement to Nakamoto’s core strategy of holding Bitcoin as a treasury asset. It uses a portion of the company’s Bitcoin holdings as collateral in a derivatives strategy managed by Bitwise Asset Management through a separately managed account. Custody services are provided by Kraken Institutional. The initiative centers on two primary components: an income sleeve and a hedging sleeve.…
Key takeaways:A whale linked to asset manager Fasanara Capital holds a $38 million crypto short position, but will it impact Bitcoin’s price?Negative futures funding rates at Binance and Bybit point to unusual demand for bearish positioning despite BTC’s recent price gains.Bitcoin (BTC) struggled to trade above $78,000 on Friday, but the overall setup remains bullish. BTC gained 29% since the $60,100 yearly low on Feb. 6, and many analysts believe it is on the verge of a longer-term breakout. At the same time, a bearish Bitcoin whale on Hyperliquid exchange has maintained a large short position. The whale has made…