Author: admin
Kalshi partners with ProCap Financial to launch the first institutional-grade prediction market research platform powered by AI agents. ProCap Financial and Kalshi have joined forces to build something new. The two companies announced a partnership to launch the first institutional-grade research product built entirely around prediction market data. ProCap Financial, listed on Nasdaq under the ticker BRR, will power the offering through its ProCap Insights platform. This marks the first time Kalshi has supplied its data to a financial research provider with paying subscribers. Read also: Kalshi Wins Approval to Launch Margin Trading for Professional Clients Kalshi Data Meets AI-Powered…
Crypto exchange Kraken says it filed 56 million crypto-transaction forms with the U.S. Internal Revenue Service (IRS) for the 2025 tax year. Roughly 18.5 million of them covered transactions worth less than $1, and over half were for $10 or less.Only 8.5% of the newly introduced Form 1099-DAs cleared $600, the threshold that triggers reporting for non-employee compensation, and 74% were for less than $50, the company said in a Wednesday blog post. Each form is also sent to the customer and creates a reconciliation task for the taxpayer who receives it. On top of that, standard tax software does…
The U.S. Department of Justice has announced the launch of a compensation process for victims of the OneCoin cryptocurrency fraud scheme, with more than $40 million in recovered assets now available for distribution. The scheme, operated between 2014 and 2019 by Ruja Ignatova and Karl Sebastian Greenwood, defrauded investors worldwide of over $4 billion. Marketed as a legitimate cryptocurrency through a global multi level marketing network, OneCoin was later exposed as a fraudulent operation built on false claims and misrepresentations. The Justice Department says victims who purchased OneCoin during that period may now be eligible to recover a portion of…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Business leaders across Europe are no longer just watching the crypto market from the sidelines. Data shows that 42% of business investors already hold some form of digital currency. Another 18% of these institutional players say they plan to buy in soon. This shift among companies is moving faster than many expected, yet the traditional banks they use every day are struggling to keep up. While these banks see that the market is changing, very few have actually launched products to meet this demand. Only about 19%…
ZachXBT calls out Bitcoin Depot ATMs after an elderly fraud victim paid $25K for Bitcoin worth just $17.5K. Here’s what happened. On-chain investigator ZachXBT recently called out Bitcoin Depot ATMs on X. The post came in direct response to a promotional tweet from Bitcoin Depot. The company had been encouraging users to buy Bitcoin through its 9,000+ ATMs. ZachXBT strongly advised the public against using the service. His reasons were backed by hard numbers. Related reading: $420M in Question: ZachXBT Claims Circle Failed to Act on Fraud Cases Bitcoin Depot ATM Charged Elderly Victim Way Above Market Price At the…
Bitcoin BTC$78,348.84 pushed above $78,000, lifting the broader crypto market. The move came as risk sentiment improved after U.S. President Donald Trump extended the ceasefire with Iran. Stock index futures also gained.The cryptocurrency’s ascent ended the weeks of choppy trading between $65,000 and $75,000 that defined March and early April, finally giving momentum traders the green signal they had been waiting for.Momentum traders buy when they see proof that an upward trend is underway. Bitcoin’s breakout is exactly that, and more buyers could pile in as a result, adding to the momentum. As the first law of motion says: An…
A crypto analyst, Zynx, on the X (formerly Twitter) platform, has shown where the Bitcoin price might be headed over the next few years using the Bitcoin Power Law. This law shows a steady upward trajectory, putting into perspective the performance of Bitcoin over a long period of time. Using this Power Law, the crypto analyst lays out the first prediction, and that is that the Bitcoin price will end up hitting $145,000 in 2026. This would mean that the digital asset would complete an over 100% rally in order to hit this target, suggesting that there is another bull…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has entered the US national security conversation more directly, and more publicly, than before. In Senate testimony highlighted Thursday by the Bitcoin Policy Institute (BPI) and several industry observers, Admiral Samuel Paparo, the four-star commander of US Indo-Pacific Command, described BTC as showing “incredible potential” as a tool with cybersecurity and broader strategic applications. The exchange came during questioning from Sen. Tommy Tuberville, who framed US-China competition as a monetary contest as well as a military one. Tuberville said the Chinese Communist Party’s main monetary think…
Russia moves to regulate crypto with licensing, investor caps, and cross-border use while restricting domestic payments. Russia is moving closer to formal crypto regulation as lawmakers advance a new bill through parliament. Early approval signals a structured approach to overseeing digital asset activity. Authorities aim to balance innovation with tighter control over market access. Cross-border usage also appears central to the proposal. Duma Passes First Reading of Bill Introducing Investor Limits and Oversight Russia’s State Duma has passed a cryptocurrency bill in its first reading, outlining rules for market participants. According to TASS, the legislation sets a regulatory foundation for…
The crypto market is on the brink of a major breakout with bitcoin BTC$78,258.81 trading at $78,000, the level it failed to breach on Friday and a price it has not topped since January.A break above this level would trigger upside momentum to $80,000 as $180 million worth of futures positions are due to be liquidated between $77,000 and $78,000, according to CoinGlass’ liquidation heatmap.However, there is also a $71 million long position that will be liquidated if the price fails to gain and descends back below $77,300, creating a defensive trading environment on both sides.The market is higher after…