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Kalshi gets temporary Nevada ban in dispute over sports betting

Kalshi, a prediction market platform, has received a temporary ban from operating in Nevada amid a dispute regarding its sports betting activities. The Nevada Gaming Control Board issued the ban, stating that Kalshi's offerings may violate state gambling laws. The company is contesting the decision, arguing that its platform does not constitute traditional sports betting. Kalshi's operations are currently suspended while the legal matter is resolved. The outcome could significantly impact the company's future in the sports betting market.

Read the full article: CoinDesk

Four signs that show Ethereum's rally is exhausted at $2.4K

Ethereum's recent rally has shown signs of exhaustion as it struggles to maintain momentum around the $2,400 mark. Key indicators include a decline in trading volume, a bearish divergence in technical analysis, and increased selling pressure from investors. Additionally, the overall market sentiment appears to be shifting,

Revolut users report Bitcoin price glitch showing BTC at 2 cents

Revolut users experienced a significant glitch where the price of Bitcoin was displayed at just 2 cents, causing confusion and concern among customers. The issue reportedly affected the app's pricing feature, leading to widespread reports on social media. Revolut acknowledged the problem and stated that it was a

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

European Central Bank President Christine Lagarde stated that stablecoins are unlikely to enhance the global role of the euro. She emphasized that while stablecoins can offer benefits, they do not fundamentally change the euro's position in the international financial system. Lagarde also highlighted the importance of regulatory frameworks

Coinbase bulls point to crypto legislation and stablecoins after earnings miss

Coinbase reported disappointing earnings, missing analysts' expectations, which led to a decline in its stock price. Despite this setback, bullish investors are optimistic about the potential impact of upcoming cryptocurrency legislation and the growth of stablecoins. They believe that regulatory clarity could enhance market stability and investor confidence. Additionally,

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Four signs that show Ethereum's rally is exhausted at $2.4K

Revolut users report Bitcoin price glitch showing BTC at 2 cents

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

Coinbase bulls point to crypto legislation and stablecoins after earnings miss