A US federal court has rejected Custodia Bank’s final attempt to challenge the Federal Reserve’s authority over granting master accounts — effectively ending the crypto-focused bank’s five-year-long battle for direct access to the central bank’s payment system.The US Court of...
The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on sport event contracts.
The Crypto Fear and Greed Index, one of the most widely used gauges of crypto investor sentiment, has fallen back down to “extreme fear” levels after briefly recovering on Wednesday.The Crypto Fear and Greed Index is at 18 at the...
Key takeaways:Derivatives and onchain data show a lack of bullish conviction, as 43% of Bitcoin holders remain at a loss despite recent price gains.Surging AI energy demand is squeezing miner profits to record lows, forcing major listed firms to offload...
Tarek Mansour, the co-founder of prediction market Kalshi, provided an update, following the platform’s decision to void some positions that were opened after the death of Iran’s Supreme Leader Ayatollah Ali Khamenei was confirmed.“We don’t list markets directly tied to...
Bloomberg reported earlier this month that 10% of Block’s workforce could be cut during annual performance reviews as part of a broader overhaul.Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy...
Spot Bitcoin exchange-traded funds (ETFs) are on track to post a fourth consecutive month of net outflows as Bitcoin (BTC) approaches a fifth negative monthly close in February. The slowdown is visible across the shrinking fund balances and the bearish...
Entities in Dubai and the archipelagic nation of the Maldives are moving forward with tokenized real estate development projects worth millions of dollars, combined.On Friday, the Dubai Land Department announced that it would launch the second phase of a real...
Key takeaways:Institutional sentiment is shifting toward ETH as elite funds reallocate capital from Bitcoin to Ether ETFs.BlackRock’s ETH ETF pairs secure staking with a low 0.25% fee, creating a major win for mainstream crypto access.Dominance in the $20 billion real-world...
Ethereum co-founder Vitalik Buterin said he is starting to “worry” about the direction of prediction markets and suggested that they shift to become marketplaces to hedge against price exposure risk for consumers. Prediction markets are “over-converging” to “unhealthy” products that...
