The CFTC has sued Minnesota to block a new law that would ban prediction markets from Aug. 1, setting up a court fight over state gambling rules and federal market authority. Summary CFTC sued Minnesota one day after Walz signed the nation’s first outright prediction markets ban. The regulator wants an injunction before Aug. 1,
Ethereum’s slide behind Bitcoin is no longer just a price story; JPMorgan says the institutional plumbing now confirms that BTC has pulled decisively ahead on flows, leaving ETH and the wider altcoin complex struggling to keep up. Summary JPMorgan says Ethereum and altcoins may keep lagging Bitcoin without a real rebound in network activity, DeFi
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DOGEBALL presale extension fuels momentum as investors compare next-generation gaming crypto projects. Summary DOGEBALL extends presale at $0.0006, gaining traction with its GameFi and PayFi ecosystem on DOGECHAIN. The project combines gaming and crypto
JPMorgan ether and altcoin analysts said the tokens won’t catch bitcoin without a major lift in network activity. Summary JPMorgan said ether and altcoins will keep lagging bitcoin without meaningful improvement in DeFi and real-world use cases. Bitcoin spot ETFs have recovered two-thirds of recent outflows, while ether ETFs have recovered only one-third. The bank
21Shares said its Hyperliquid ETF drew more than $5 million in inflows within days of its U.S. launch. Summary 21Shares’ Hyperliquid ETF recorded over $5 million in inflows within days of its May 12 U.S. launch. The fund generated roughly $8 million in trading volume on a single day last week, research head Eli Ndinga
Ethereum dropped another 10.2% this week, with the ETH/BTC ratio sinking toward 0.0275, and market maker Wintermute is now flatly calling ETH “not the right asset for this macro” as yields and inflation grind higher. Summary Wintermute says ETH is “not the right asset for this macro” as real yields rise and inflation re-accelerates. ETH
Wintermute launched its first DeFi vault product, Armitage, supporting collateral types unavailable on competing curator platforms. Summary Wintermute launched Armitage, its first DeFi vault curation product, designed to support collateral types that other vault curators on platforms like Morpho do not accept. The move expands Wintermute beyond its core role as a market maker and
AI trading startup Moment, founded by ex-Citadel Securities quants, has raised $78m in new funding led by Index Ventures after signing major wealth managers to its automated fixed income and equity trading platform. Summary Moment closes $78m round led by Index Ventures, with Andreessen Horowitz and Avra joining Fintech automates fixed income and equity trading
AI’s surging demand for power-hungry data centers is turning listed Bitcoin miners into strategic infrastructure plays, with Bernstein flagging nearly $90 billion of announced AI partnerships that could redraw the sector’s economics. Summary Bernstein says “Follow the Gigawatts” as miners pivot power capacity into AI data centers. Bitcoin miners control more than 27 GW of
Crypto exchange Ouinex has raised $3.5m from its own traders, lifting total funding to $9m to build a “Non‑Centralized Order Book” designed to shield retail from market makers. Summary Ouinex secures $3.5m, bringing total funding to $9m Round funded solely by retail and professional traders on the platform New capital will build a “No‑CLOB” model
