K Wave Media abandons Bitcoin treasury push for AI infrastructure

In recent developments, k Wave Media is redirecting up to $485 million from a Bitcoin treasury strategy into AI infrastructure, alongside debt reduction and restructuring, per a Form 6-K filing.…

Prediction markets entering institutional era after first block trade — Ber…

In recent developments, institutional investors are entering prediction markets as block trades, custom contracts and US regulatory shifts reshape a sector still dominated by retail users. Looking closer, market participants…

Bitcoin price eyes $96K as institutions absorb 500% of daily BTC supply

In recent developments, in past instances, BTC has averaged 24% gains in one month when institutional demand absorbed over 500% of the daily mined supply. Looking closer, market participants highlight…

SEC delays prediction market ETFs over mechanics and risk concerns: Report

In recent developments, the regulator reportedly requested more information from Roundhill, GraniteShares and Bitwise about how the event contract funds would work. Looking closer, market participants highlight key drivers such…

Hut 8 refinances Bitcoin-backed loan with $200M FalconX deal

In recent developments, the Bitcoin miner said the FalconX facility lowers its fixed interest rate to 7% and releases about 3,300 BTC from collateral restrictions. Looking closer, market participants highlight…

Bitcoin in ‘disbelief rally’ as traders spot $84K BTC price target

In recent developments, bitcoin’s rally on Monday pushed it above $80,000 for the first time since January as analysts say BTC price could rise further to fill the futures gap…

ZIGChain Summit 2026 marks a defining moment for onchain finance as ecosystem…

In recent developments, zIGChain, the blockchain built to bring regulated investment products onchain for everyday users, today reflected on its second annual ZIGChain Summit, a defining gathering for the future…

A16z sides with CFTC against states seeking to ban prediction markets

In recent developments, venture capital firm a16z argues that state crackdowns on platforms like Kalshi and Polymarket conflict with federal law and hurt market access for ordinary users. Looking closer,…

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

In recent developments, riot Platforms reported $167.2 million in Q1 2026 revenue, with its new data center business contributing $33.2 million as Bitcoin mining income fell. Looking closer, market participants…

Wallets seized by OFAC may not be Iranian; other state actors instead: Analyst

In recent developments, treasury Secretary Scott Bessent said that wallets the US targeted as part of Operation Economic Fury were linked to Tehran, but analysis of the wallets’ characteristics suggests…