Kalshi Sues to Stop Minnesota From Enforcing America’s First Prediction Market Ban
Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August. Source: decrypt.co Read Full Story
Bull Market
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Hut 8 AI landlord data center strategy turns Bitcoin collateral into bridge capital
Hut 8 is pushing even further into AI infrastructure than most other Bitcoin miners are. Its latest disclosures show a company using power access, data center leases, project debt, and BTC-backed liquidity to build the financing stack for that move. The company’s latest disclosures put numbers around that transition. Hut 8 reported $16.8 billion in…
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Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
Prolonged closure of Strait of Hormuz could send crude oil prices to new highs this summer. Source: www.cnbc.com Read Full Story
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Tom Lee Outlines Liquidity Catalyst for Ethereum Firm BitMine Following Russell Index Update
The Ethereum-buying firm owns 3.8% of the digital asset’s supply. Source: decrypt.co Read Full Story
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SEC’s tokenized stock plan could force crypto exchanges to answer what investors really own
Given how far the crypto market has come in terms of regulation, the next big fight won’t be about Bitcoin, stablecoins, or even memecoins. It’s going to be about whether a crypto exchange can list tokenized stocks that track Tesla, Apple, or Nvidia without those companies ever agreeing to it, and whether the retail investors…
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Three signs from APEC that the U.S. and China remain far apart on trade
U.S. and Chinese officials have met and spoken publicly about differing priorities since the Trump-Xi summit concluded in Beijing last week. Source: www.cnbc.com Read Full Story
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Kalshi Debuts ‘Fair Markets’ Lobby Group as Congress Opens Insider Trading Probe
Kalshi unveiled Americans for Fair Markets, an advocacy group to help shape policymakers’ perception of prediction markets. Source: decrypt.co Read Full Story
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US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stash
A renewed push to solidify the United States’ foothold in the digital asset market emerged Thursday as lawmakers unveiled legislation to establish a formal strategic Bitcoin reserve and consolidate the federal government’s multibillion-dollar cryptocurrency stockpile. Spearheaded by Representative Nick Begich, the American Reserve Modernization Act (ARMA) of 2026 mandates the creation of a secure Bitcoin…
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OpenAI takes the lead in AI IPO horse race: ‘Getting to public markets first is very important’
It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week. Source: www.cnbc.com Read Full Story
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Elizabeth Warren Calls Crypto Bank Charter Approvals for Firms Like Coinbase, Ripple Illegal
In a letter to the Comptroller of the Currency, Warren argued nine national trust bank charter approvals for crypto firms violated the National Bank Act. Source: decrypt.co Read Full Story
