Kalshi was hit with a brand new class motion lawsuit, accusing the betting platform of illegally working as a sports activities bookmaker. The lawsuit additionally states that Kalshi misled customers by advertising its platform as “authorized sports activities betting” regardless of missing state gaming licenses. The swimsuit additional claims Kalshi’sContinue Reading
CoinShares has withdrawn its US ETFs for XRP, Solana, and Litecoin, additionally ending its Bitcoin Futures Leveraged ETF. The agency will shift focus to higher-margin merchandise: crypto fairness funds, thematic baskets, and actively managed methods. The withdrawal coincides with a US$1.2 billion (AU$1.85 billion) SPAC merger, taking CoinShares public withinContinue Reading
Ten out of 12 valuation fashions present that Ethereum’s native cryptocurrency, Ether, is at present undervalued in accordance with valuation web site ETHval.com. One of many fashions primarily based on Metcalfe’s Regulation suggests Ether’s honest worth could also be over 200% larger than its present market worth. Nonetheless, one otherContinue Reading
Main crypto exchanges within the UK will start gathering detailed transaction knowledge from U.Ok. residents beginning January 1, 2026, below new HMRC guidelines. The regulation is tied to the OECD’s Crypto-Asset Reporting Framework (CARF), requiring platforms to share buyer ID, tax numbers, and full transaction historical past with HMRC beginningContinue Reading
BlackRock says its spot Bitcoin ETFs stay amongst its strongest income engines after a yr of unexpectedly speedy adoption. This comes regardless of over US$2.3 billion in web withdrawals from its IBIT fund in November. Castro framed the latest outflows as “regular market habits” and famous that ETFs are madeContinue Reading
Australia launched a brand new Digital Property Invoice to control crypto exchanges and custody suppliers equally to conventional monetary corporations. The framework establishes new classes (like Digital Asset Platforms) that can typically require an Australian Monetary Companies Licence (AFSL). The federal government forecasts the brand new regulation will enhance annualContinue Reading
Bitcoin recovered to $91.5K after lately dropping 30% from its October all-time excessive of $126K, regardless of a “largely unfavorable” market sentiment. BitMine’s Tom Lee dialed again his $250,000 year-end Bitcoin forecast, now saying the cryptocurrency is simply “very doubtless” to exceed $100,000 and “possibly” attain a brand new all-timeContinue Reading
RLUSD has been formally recognised by Abu Dhabi’s FSRA, enabling licensed companies to make use of the stablecoin for a spread of regulated monetary actions. Launched in late 2024, RLUSD’s circulating provide has now surpassed US$1.2B (AU$1.85B), reflecting sturdy institutional adoption throughout the Center East and Africa. Regulatory approval inContinue Reading
The non-public valuation of prediction market platform, Kalshi, has greater than doubled in only a few weeks as traders wager that Kalshi and Polymarket will proceed to dominate the house. In 2025 Kalshi has clawed vital market share away from Polymarket; it began the 12 months at simply 12% marketContinue Reading
Nasdaq seeks to quadruple the day by day choices restrict for BlackRock’s IBIT from 250,000 to 1 million contracts resulting from rising institutional demand. IBIT dominates Bitcoin ETF choices, with US$50 billion (AU$77 billion) in open curiosity, accounting for 98% of buying and selling quantity and 96% of open curiosity.Continue Reading
