Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns
The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss.
Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says
Novig CEO Jacob Fortinsky said his company will transition to a federal Designated Contract Market framework this summer to launch in all 50 states, while 57 Maiden’s Adam Mastrelli said he was banned from two major sportsbooks within two months for being “sharp.”
AI predicts Nvidia stock’s next record high date
With American semiconductor giant Nvidia (NASDAQ: NVDA) hitting a new record during Friday’s session, insights from an artificial intelligence model … Continue reading
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It might be too late for bitcoin’s quantum migration, Project Eleven report argues
Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.
Crypto industry cheers Senate Clarity Act markup date as market structure push resumes
The bill’s progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.
Emerging-market users are treating crypto exchanges like banking apps, Binance says
One point three billion adults lack financial services, 4.7 billion lack credit, and 1.4 billion savers in low-income nations earn no deposit interest, Binance said.
Crypto markets predict Ethereum price for May 31, 2026
Prediction market traders are increasingly positioning for Ethereum (ETH) to remain above the $2,200 level by the end of May … Continue reading
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Swiss central bank bitcoin reserve push fails over signature shortfall
The initiative sought to amend Switzerland’s constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves.
CME is set to let traders bet on bitcoin volatility, not just price
CME Group plans to launch bitcoin volatility futures on June 1 pending regulatory approval bringing a easy way to bet on the degree of price swings.
Michael Burry warns markets ‘feeling like the last months’ of Dot-com bubble
Famed investor Michael Burry has warned that the stock market’s growing fixation on artificial intelligence is beginning to resemble the … Continue reading
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