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Indonesia blocks Polymarket, calling prediction market online gambling in disguise

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Indonesia’s Ministry of Communications and Digital Affairs has blocked access to Polymarket, saying the crypto-based prediction market is equivalent to online gambling under local law. The ministry said it had cut access to the platform and tracked associated social media accounts for possible restrictions across other digital channels. Alexander Sabar, Director General of Digital Space […]

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NEAR price increase accelerates as cross-chain product activity adds another 15% increase

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NEAR Protocol’s token rose 15% over the past 24 hours to $2.8, extending a month-long rally that has seen the price of NEAR double in the past month. The move comes amid the success of NEAR Intents, the network’s cross-chain transaction system. The product allows users to request a desired outcome, such as exchanging USDC

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Vitalik Biterin breaks silence on Ethereum Foundation amid community frustration

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Ethereum co-founder Vitalik Buterin said the Ethereum Foundation will choose “longevity over breadth”, reduce ETH sales and narrow its focus to CROPS: censorship resistance, capture resistance, openness, privacy and security. In a lengthy post on X, Buterin stated that the Ethereum Foundation holds about 0.16% of all ETH, well below the 10% to 50% he

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PCE, Jobless Claims and Housing Data Test Fed Cut Hope: Crypto Week Ahead

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The week ahead looks set to be macro-led, with US economic data carrying the biggest calendar risk. Inflation, growth, jobless claims and housing numbers all land before the open, giving markets insight into whether the Fed has room to cut interest rates. Prediction markets and CME’s FedWatch tool currently point to prices remaining unchanged at

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Prometheum says tokenized securities need Wall Street distribution to scale

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Prometheum is betting that the next phase of tokenized funding will not be won by crypto exchanges, but by traditional broker-dealers and registered investment advisors (RIA). “The history of tokenization has been about issuance so far, but no one has addressed the challenge of how to get these products to mainstream investors,” Aaron Kaplan, co-founder

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HYPE funds attract millions as investors dump bitcoin and ether ETFs

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Crypto fund flows are starting to break and investors are leaving bitcoin BTC$77,389.41 and ether (ETH) exchange-traded funds (ETFs), while rotating to alternative tokens such as Hyperliquid’s hype (HYPE) and XRP (XRP). Bitcoin ETFs saw more than $1 billion in outflows last week, extending a sharp institutional pullback, while ether funds lost another $215 million,

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Hyperliquid (HYPE) is emerging as a challenger to traditional exchanges and prediction markets, says FalconX

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Crypto trading platform Hyperliquid is starting to compete with traditional exchanges and prediction market operators as it expands beyond perpetual futures trading, according to a new report from FalconX. Senior crypto market strategist David Lawant outlined how Hyperliquid’s recent moves into pre-IPO markets, prediction contracts and real-world tokenized assets are expanding the platform’s appeal beyond

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What now when bitcoin (BTC) and Asian stocks cheer on the price of oil?

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Bitcoin BTC$77,389.41 was slightly higher on Monday as a sharp drop in oil prices helped lift Asian stock markets. At 6:35 a.m. UTC, the leading cryptocurrency by market cap was trading near $77,200, up 0.4% from midnight UTC, according to CoinDesk data. At that level, bitcoin was trading just above the commonly tracked 50-day simple

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Bitcoin options are coming to Nadaq. Here’s what that means for you.

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Nasdaq has moved closer to offering cash-settled bitcoin BTC$76,870.72 index options, a move to democratize crypto risk management and eliminate legacy operational barriers. Last week, the US Securities and Exchange Commission gave Nasdaq PHLX conditional approval to list European-style options under the ticker QBTC. These will be European-style cash-settled options tracking the CME CF Bitcoin

Bitcoin options are coming to Nadaq. Here’s what that means for you. Read More »

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