Lawmakers, Wall Street executives, and cryptocurrency leaders will meet at US President Donald Trump’s private Mar-a-Lago club for a crypto “forum” organized by World Liberty Financial, the company backed by Trump and his sons. Ahead of the event, the price of World Liberty’s WLFI token surged by more than 23%, to about $0.12 from $0.10.…
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US tax filers may see larger refunds in 2026 compared to previous years, a development one Wall Street strategist says may boost risk appetite for digital assets and tech stocks preferred among retail investors. In a note cited by CNBC, Wells Fargo analyst Ohsung Kwon said the coming refund wave could help bring back the…
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US spot Bitcoin exchange-traded funds (ETFs) posted $104.9 million in net outflows on Tuesday in the first trading session this week. Total trading volume in spot Bitcoin (BTC) ETFs fell to just over $3 billion, down nearly 80% from a record $14.7 billion on Feb. 5, reflecting a continued slowdown in trading activity, according to…
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The US state of Nevada has sued Kalshi after the prediction market company lost its court challenge to stop the state’s regulator from taking action over its sports prediction markets. The US Court of Appeals for the Ninth Circuit on Tuesday denied Kalshi’s bid to stop Nevada’s gaming regulator from taking action on its sports…
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Blockchain advocacy group The Digital Chamber has launched a new unit focused on supporting prediction markets and helping gain regulatory clarity for the sector in the US. In an announcement via X on Tuesday, The Digital Chamber unveiled the Prediction Markets Working Group, outlining a multi-year plan to bring clarity to what it called a…
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Stablecoin platform Bridge, owned by the payments processor Stripe, said it had received conditional approval to operate as a federally chartered national trust bank under the US Office of the Comptroller of the Currency (OCC). In a Tuesday notice, Bridge said it had received conditional approval from the banking regulator, allowing the company to “operate…
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Bitcoin’s (BTC) price continued to consolidate near $68,000 on Tuesday, but sustained weakness below this level may generate additional sell pressure from the newest cohort of large holders. While the long-term whales remain in profit, short-term whales are sitting on sizeable unrealized losses. One analyst highlighted how this pressure may impact BTC’s price, as other…
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Bitcoin (BTC) analysts mapped out the key BTC price levels to watch as the market’s focus shifted to the $58,000 to $65,000 zone as the last line of defense. Bitcoin price is wedged between two key levels Bitcoin is currently wedged between the 200-week simple moving average (SMA) at $68,300 and the 200-week exponential moving…
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Key takeaways: A developing bear pennant keeps a BTC price drop toward $56,000 in play. Rising whale inflows to Binance further the downside outlook. Bitcoin (BTC) may slide deeper into February as its bearish chart structure converges with renewed whale activity on Binance. Bear pennant setup hints at 20% BTC price decline Bitcoin has been…
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Michael Selig, who chairs the US Commodity Futures Trading Commission under President Donald Trump, announced the agency would be responding to what he called an “onslaught of state-led litigation” against prediction market platforms. In a video posted to X on Tuesday, Selig said that the CFTC had filed an amicus brief — also known as…
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