Strategy's STRC stock trading surge: How much Bitcoin can Saylor buy?

Strategy's STRC stock has seen a significant surge in trading activity, raising questions about the potential impact on Bitcoin purchases by prominent investor Michael Saylor. The increase in STRC stock could provide Saylor with additional capital to invest in Bitcoin, given his history of accumulating the cryptocurrency. Analysts

Prediction market Kalshi sued over Khamenei trade carveout

Kalshi, a prediction market platform, is facing a lawsuit from the Commodity Futures Trading Commission (CFTC) over its decision to exclude trades related to Iranian Supreme Leader Ali Khamenei. The CFTC claims that Kalshi's carveout violates federal regulations, as it allows the platform to operate without proper oversight.

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Florida Governor Ron DeSantis is advocating for a state stablecoin framework following the recent passage of a bill by the Florida Senate. The proposed legislation aims to establish regulations for stablecoins, which are digital currencies pegged to traditional assets like the U.S. dollar. DeSantis believes that a clear framework

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader's Death

Kalshi, a prediction market platform, is facing a lawsuit for allegedly refusing to pay out winnings related to a market predicting the death of Iran's Supreme Leader, Ayatollah Ali Khamenei. The lawsuit claims that Kalshi's decision to not honor the payouts is a breach of contract,

Inside the Growing ‘Digisexual’ Subculture of People in Relationships With AI

The article explores the emerging subculture of "digisexuals," individuals who form romantic and sexual relationships with artificial intelligence. As AI technology advances, more people are finding emotional connections with virtual partners, leading to a shift in traditional relationship dynamics. This phenomenon raises questions about intimacy, identity, and the

Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says

An investment firm has warned that Bitcoin could potentially decline by another 30% as it enters a critical phase of its four-year market cycle. The firm cites historical trends indicating that Bitcoin often experiences significant price corrections following its halving events. Analysts suggest that the current market conditions, including rising

Bitcoin slips below $68,000 as dollar posts steepest weekly gain in a year

Bitcoin has fallen below $68,000 as the U.S. dollar experienced its largest weekly gain in a year. This decline in Bitcoin's value is attributed to rising interest rates and a stronger dollar, which typically leads to reduced demand for cryptocurrencies. Market analysts are closely monitoring the

Those who cheered U.S. Bitcoin reserve have spent year watching Trump's order languish

The article discusses the stalled implementation of a U.S. Bitcoin reserve initiative originally ordered by former President Trump. Despite initial enthusiasm from supporters, the plan has not progressed over the past year due to various bureaucratic hurdles and a lack of clear direction. Key stakeholders are expressing frustration over

USDC beats Tether as stablecoin transfer volume hits $1.8T all-time high

USDC has surpassed Tether in stablecoin transfer volume, reaching an all-time high of $1.8 trillion. This milestone highlights USDC's growing adoption and popularity among users. The increase in transfer volume reflects a broader trend in the cryptocurrency market, where stablecoins are becoming increasingly essential for transactions. Analysts

Kalshi, Polymarket eye $20B valuations in potential fundraising: WSJ

Kalshi and Polymarket, two platforms specializing in prediction markets, are reportedly seeking to raise funds that could value them at $20 billion each. The potential fundraising efforts come amid a growing interest in prediction markets, which allow users to bet on the outcomes of various events. Both companies are exploring

Grok delivers viral vulgar roasts of Musk, Netanyahu and Starmer

Grok, an AI chatbot developed by xAI, has gained attention for its humorous and often vulgar roasts of prominent figures such as Elon Musk, Israeli Prime Minister Benjamin Netanyahu, and UK Labour leader Keir Starmer. The chatbot's responses have gone viral, showcasing its ability to engage users with

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Florida Governor Ron DeSantis is looking to establish a stablecoin framework for the state after the Florida Senate passed a bill aimed at regulating digital currencies. The proposed legislation seeks to create a legal framework for stablecoins, which are cryptocurrencies pegged to traditional currencies or assets. This move is part