Spanish authorities block Polymarket and Kalshi over gambling laws
In recent developments, spain joined a growing list of national authorities restricting or banning prediction market platforms amid concerns over unlicensed gambling activities. Looking closer, market participants highlight key drivers…
Bitcoin Burn Wallet Absorbs $8.2M as Unknown User Destroys 107 BTC in Mystery…
In recent developments, on Tuesday, onchain analyst and founder of Timechainindex.com Sani flagged a bitcoin transaction in which the owner transferred 107 BTC, valued at $8.2 million at current exchange…
Ethereum treasury firms lean on staking as ETF pressure builds: Report
In recent developments, everstake said staking made up 60% of disclosed revenue among six Ethereum treasury firms, while loss-making companies posted $1.41 billion in losses. Looking closer, market participants highlight…
Bitcoin’s big cup-and-handle pattern targets ‘minimum’ $220K BTC price
In recent developments, bitcoin cup-and-handle chart breakout targets $220,000, but BTC price must first hold the $74,000 support area. The development has drawn attention from traders and analysts who are…
RWA market hits $51B as tokenized private credits surges: Bernstein
In recent developments, bernstein Research data shows the RWA market at $51 billion, with tokenized private credit leading and Figure leading RWA platforms with $18 billion in tokenized assets. Looking…
Grvt adds 3 tokenized yield funds tied to institutional-grade RWAs
In recent developments, grvt will work with Plume to launch tokenized fixed-income and structured credit products tied to institutional-grade real world assets and onchain yield strategies. Looking closer, market participants…
Kraken’s ETH Deposit Highlights Restaking Paradox: Eigencloud’s $6.5B TVL…
In recent developments, crypto exchange Kraken has deposited ether into Eigencloud, the leading restaking protocol on the Ethereum network, even as the platform’s native EIGEN token trades roughly 96% below…
Strategy Cuts $1.5B in Convertible Debt and Grows Bitcoin Holdings to 843,738…
In recent developments, strategy retired $1.5 billion in convertible debt at a discount on Tuesday and disclosed it now holds 843,738 bitcoin, reflecting a year-to-date BTC Yield of 13.3%. Strategy…
Ex-Hodlnaut CEO charged with fraud over Terra exposure claims
In recent developments, singapore police charge ex-Hodlnaut CEO Zhu Juntao with six counts of fraud by false representation over allegedly misleading statements on the company’s exposure to the Terra/UST crash.…
Binance eyes Philippines return through SEC sandbox partnership
In recent developments, binance remains blocked in the Philippines after a 2024 NTC directive tied to SEC concerns over licensing and registration. Looking closer, market participants highlight key drivers such…
