CFTC pulls Biden-era proposal to ban sports, political prediction markets

CFTC Chair Mike Selig described the proposal as a “frolic into merit regulation” by the Biden administration.

CFTC Chair Mike Selig described the proposal as a “frolic into merit regulation” by the Biden administration.

Strium will begin with synthetic US and Japanese stocks and commodities before expanding to real tokenized shares and asset-backed products with identity verification.

Fears of a looming market bubble have returned as stock prices climb and artificial intelligence spending accelerates, but several leading economists argue that the broader economic picture remains more stable than the headlines suggest. From Wall Street valuations to U.S.…

Older and mid‑range mining rigs like the Antminer S19 XP+ Hydro, Whatsminer M60S and Avalon A1466I have reportedly already crossed shutdown thresholds, while even newer S21 units are nearing viability limits. The Profitability Cliff The bitcoin mining industry is facing…

WisdomTree’s Jonathan Steinberg says the firm’s tokenization push is nearing profitability, with $750 million in digital assets and long-term plans to modernize financial infrastructure.

Burry said crypto losses may have forced institutions to liquidate precious metals as bitcoin slid below $73,000.

Bitcoin failing to bounce soon could set the stage for “one hell of a year,” one analyst said.

Elon Musk revived the long-running “Dogecoin to the moon” saga on Feb. 3 with a casual “Maybe next year” reply on X, but this time the market barely flinched as DOGE kept sliding. SpaceX Boss Elon Musk Says ‘Maybe Next…

Ripple has cleared a crucial regulatory hurdle in Europe, unlocking the ability to scale regulated blockchain payment services across the EU and deepen institutional adoption as digital finance rules tighten. Ripple Breaks Into Europe’s Financial Core as Full EU EMI…

The Pepe Coin price has dropped by 2% in the past 24 hours, with its fall to $0.000004118 coming after a weekend when the crypto market’s total cap fell to $2.66 trillion. This amounts to an 11% drop in a…