Author: WebDesk
The Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham is reconsidering regulations on prediction markets, as she plans to address the legal uncertainties surrounding Polymarket and Kalshi. US CFTC Chairman Pham: Roundtable to Reboot Regulations on Prediction Markets In an official press statement, CFTC’s Acting Head recently shared that the CFTC’s legal campaign against these platforms can’t be easily ended, hence, she is preparing to hold a roundtable next month with experts to help shape a clearer regulatory framework. .@CFTC Announces Prediction Markets Roundtable: https://t.co/ErL6W0c3zY — CFTC (@CFTC) February 5, 2025 Pham acknowledged that the CFTC…
Onchain data reveals how a group of alleged insiders raked in profits after selling $10.2 million worth of the Venice token immediately after it launched. Venice Insiders Accused of Dumping Over $10M Worth of Tokens Amir Ormu, an onchain analyst with crypto marketing firm Castle Labs revealed that insiders at crypto artificial intelligence (AI) startup […] Credit: Source link
The crypto market is still waiting for the much-anticipated altcoin season, but signs suggest it may not arrive anytime soon. Altcoin seasons usually kick off when capital flows from Bitcoin to top altcoins like Ethereum (ETH), triggering widespread rallies. However, this cycle is different—Ethereum’s weak performance and changing Altcoin Season Index at 45 from 87 are holding things back.Funds Move to Stablecoins, Not AltcoinsCrypto analyst Ali Martinez recently pointed out a major shift: instead of moving from Bitcoin and Ethereum into altcoins, capital is flowing into stablecoins. This trend shows that investors are playing it safe, avoiding riskier bets on…
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment? The curious case of El Salvador The 2021 law in El Salvador made Bitcoin (BTC) legal tender, meaning it became not just legal but mandatory for transactions. Merchants were required to accept Bitcoin, and the government started collecting payments such as taxes and fees in Bitcoin. To facilitate this, the country launched the Chivo wallet, a government-backed mobile app designed to help…
Shiba Inu (SHIB) and Ripple (XRP) are the two leading tokens of the cryptocurrency world, surging at a rapid pace. While SHIB is struggling to climb to a new high, possibly due to the current market pressure and stance, Ripple, on the other hand, is at the center of wild speculation, with ETF developments building traction for the token. Amid all the hype, will SHIB and XRP break all boundaries to hit new highs this February? Let’s find out.Also Read: Buy Jio Financial Shares Now: Target Rs 305, 25% UpsideShiba Inu (SHIB) Price Prediction (Mid-February)Source: Watcher GuruShiba Inu is currently…
MicroStrategy has officially announced its rebranding initiative, adopting the name Strategy. This transition marks a strategic evolution for the company, positioning it as the world’s first and largest Bitcoin Treasury Company while retaining its identity as a leading independent business intelligence firm and a Nasdaq 100 stock. MicroStrategy Rebrands As Strategy According to Microstrategy’s announcement, the rebranding reflects a concentrated focus on Bitcoin, a move that aligns with the company’s broader appeal in the rapidly evolving cryptocurrency space. The new brand identity features a stylized “B,” symbolizing Strategy’s commitment to its Bitcoin strategy and its unique role in the market. The…
The world of digital collectibles is entering a pivotal phase in 2025. After the explosive hype of 2021 and a rollercoaster of booms and busts, the NFT collectibles market 2025 is maturing into a more nuanced landscape. Enthusiasts and investors alike are asking: What’s next for NFT collectibles? In this in-depth exploration, we analyze market trends, share expert opinions, look at data-driven projections, and highlight emerging use cases and notable projects shaping the future of digital collectibles. Whether you’re an NFT aficionado or a curious investor, these insights will help you navigate the evolving NFT investment trends of 2025.Market Trends…
Over the past several weeks, the cryptocurrency market has seen a lot of activity. Concerns over strange trading patterns in Solana and TRON, two of the most well-known blockchain networks, have been raised by massive whale transactions. What if this isn’t just another instance of institutional scheming, though? The latest changes, according to some experts, suggest that insiders may have learned of a revolutionary meme coin launch that might yield enormous profits. The new meme coin Panshibi ($SHIBI) has been in the news and is already garnering a lot of interest in its presale. This might be the next major…
As the cryptocurrency market matures, savvy investors focus on altcoins with robust ecosystems and high growth potential. Among the frontrunners are FXGuys, Sol, and Cardano, each offering unique advantages that position them as top contenders for 2025. While Sol and Cardano continue to attract attention with their established ecosystems, FX Guys is redefining the landscape with its innovative approach to decentralized finance, making it a Top PropFi Project that’s hard to ignore.FXGuys: A Powerhouse in Decentralized FinanceLeading the charge is FXGuys, a rising star that combines innovation, accessibility, and tangible rewards. The platform is built around the $FXG token, which…
Chainlink (LINK) whales are moving in their highest activity in 14 months, perhaps hinting at a big movement for LINK price. Large transactions have increased significantly, with these reaching levels not seen in over a year, suggesting that whales might be making moves. According to the on-chain analytics platform Santiment, 1,659 daily whale transactions is the largest since 2023. The coin’s 9,531 active wallets is also the most in 4 weeks.Notably, 1,659 transactions of over $100,000 LINK were recorded in a 24-hour timeframe, which is the most for Chainlink since Dec. 6, 2023. A total of 9,531 unique active link…
