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US Senate bans itself from betting on prediction markets

The U.S. Senate has enacted a ban on its members participating in prediction markets, which are platforms that allow users to bet on the outcomes of future events, including political ones. This decision aims to prevent potential conflicts of interest and maintain the integrity of the legislative process. The ban reflects growing concerns about the ethical implications of lawmakers engaging in such speculative activities. The move aligns with broader efforts to regulate and oversee the influence of financial markets on politics.

Read the full article: Coin Telegraph

Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant

According to CryptoQuant, Bitcoin may face a prolonged decline following its April rally, which was primarily fueled by futures trading rather than organic demand. The analysis indicates that the surge in Bitcoin's price was largely driven by speculative futures contracts, raising concerns about its sustainability. Additionally, the report

Bakkt completes acquisition of stablecoin payments firm Distributed Technologies Research

Bakkt has successfully acquired Distributed Technologies Research, a firm specializing in stablecoin payments. This acquisition aims to enhance Bakkt's offerings in the digital asset space, particularly in facilitating stablecoin transactions. The integration of Distributed Technologies Research is expected to bolster Bakkt's capabilities in providing secure and

Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high

Bitcoin achieved its best monthly gain in a year, rising significantly in value as investor sentiment improved. This surge coincided with the S&P 500 reaching a new all-time high, reflecting broader market optimism. Analysts attribute Bitcoin's rally to increased institutional interest and favorable macroeconomic conditions. The

Strategy keeps STRC dividend at 11.5% as stock logs first monthly gain in nine

STRC has maintained its dividend at 11.5%, despite recent market challenges. The stock has recorded its first monthly gain in nine months, signaling a potential turnaround. This strategy aims to attract investors and stabilize the company's financial position. Analysts suggest that the consistent dividend may help bolster

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Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant

Bakkt completes acquisition of stablecoin payments firm Distributed Technologies Research

Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high

Strategy keeps STRC dividend at 11.5% as stock logs first monthly gain in nine