Kalshi secures a massive funding boost led by Paradigm, widening its lead over Polymarket as trading volumes surge and both platforms pursue fresh capital.
The news comes just hours after longtime crypto holdout, asset management giant Vanguard, said it would allow its clientele access to digital asset ETFs.
There comes a point when long-standing detractors become so vocal, their tone shifting from criticism to arrogance, that it often reflects conditions that are consistent with a bottom.
President Karol Narwocki was concerned that the Cryptoasset Market Act would allow the government to disable crypto companies websites "with a single click."
FDIC Acting Chairman Travis Hill is set to testify at a House hearing that his agency is ready to propose a stablecoin application rule before the month is out.
The move will give access to the firm's 50 million clients to invest in regulated digital asset ETFs, a reversal from Vanguard's long-standing anti-crypto stance.
Peter Schiff took a victory lap after the company Monday morning announced it had raised $1.44 billion via common stock sales as a reserve to pay preferred dividends for nearly two years.
The move marks the first time spot crypto assets can trade on a federally regulated commodities venue, signaling the CFTC’s accelerating push to oversee retail digital-asset markets.