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Minnesota Bans Prediction Markets—And Is Sued By the Trump Admin Hours Later

Minnesota has enacted a ban on prediction markets, which are platforms that allow users to bet on the outcomes of future events. Shortly after the ban was announced, the Trump administration filed a lawsuit against the state, arguing that the prohibition infringes on free market principles and individual rights. The lawsuit highlights the ongoing tension between state regulations and federal interests in the rapidly evolving cryptocurrency and prediction market sectors. This legal battle could set a significant precedent for how prediction markets are regulated across the United States.

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Data shows Bitcoin dip buyers waiting for lower prices: Is $70K BTC’s next stop?

Recent data indicates that Bitcoin dip buyers are holding off on purchasing until prices drop further, with many anticipating a potential decline to around $70,000. Analysts suggest that this wait-and-see approach reflects a cautious sentiment in the market, as investors seek to maximize their returns. The current trading environment

Solana futures funding rate turns negative: Is $78 SOL next?

Solana's futures funding rate has turned negative, indicating a shift in market sentiment as traders become more bearish on the cryptocurrency. This change suggests that short positions are becoming more popular, potentially leading to further price declines. Analysts are now speculating that Solana (SOL) could drop to the

Bernstein: Bitcoin miners becoming critical suppliers in AI infrastructure

A report from Bernstein highlights that Bitcoin miners are emerging as essential suppliers for artificial intelligence (AI) infrastructure. The energy-intensive nature of both Bitcoin mining and AI training creates a synergy, as miners can provide the necessary computational power and energy resources. Bernstein notes that the increasing demand for AI

This bitcoin bear market is different with 'uniquely pessimistic' traders limiting downside, K33 says

According to K33, the current Bitcoin bear market is characterized by "uniquely pessimistic" traders, which is limiting the potential downside for the cryptocurrency. Unlike previous bear markets, this sentiment among investors may create a floor for Bitcoin prices. K33 suggests that the prevailing negative outlook could lead to

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Data shows Bitcoin dip buyers waiting for lower prices: Is $70K BTC’s next stop?

Solana futures funding rate turns negative: Is $78 SOL next?

Bernstein: Bitcoin miners becoming critical suppliers in AI infrastructure

This bitcoin bear market is different with 'uniquely pessimistic' traders limiting downside, K33 says