Crypto Prediction Markets Move Into Mainstream Finance as Institutional Interest Grows
Key Takeaways Traditional firms are expanding their presence as crypto prediction markets attract deeper liquidity. Retail activity helped draw market makers, institutions, and larger deposits into event contracts. Regulatory disputes may shape how prediction markets enter broader financial infrastructure. Traditional…
Kraken sues Etana over $25m client fund theft
Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in…
US economy adds 115,000 jobs in April, unemployment steady at 4.3%
The US labor market just delivered its second consecutive month of solid job gains, with nonfarm payrolls growing by 115,000 positions in April 2026. That nearly doubled what economists had penciled in. The unemployment rate held firm at 4.3%. A…
SEC Commissioner Urges Restraint on Crypto Rules as Retail Trading Expands
Key Takeaways Peirce said regulators should understand evolving markets before deciding whether new rules are needed. Retail investors continue trading crypto, metals, ETFs, and perpetual futures through simplified digital platforms. Jurisdiction limits may shape future SEC oversight as crypto-linked investment…
Major Buy Signal Flashes as Analysts Expect Massive Move Ahead
Many analysts have noted in the past few weeks that XRP is close to a break out. Yet, every attempt has been halted so far. In February, XRP tried to break out after the early-month calamity but was stopped…
Kalshi valuation hits $22bn after $1bn Series F
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Summary Kalshi raised $1bn in a Series F round led by Coatue at a $22bn valuation, doubling the $11bn it…
Onchain Economy Has Reached Escape Velocity Amid Generational Shift
Key Takeaways Armstrong said the on-chain economy has reached “escape velocity” amid expanding crypto adoption. Coinbase positioned itself to capture the generational shift toward on-chain finance, according to Armstrong. Management highlighted stablecoins, payments, and AI-driven activity as major future growth…
Bitcoin Wallets See Largest Drop Since 2024, Hinting at Market Rebound
The last comparable wallet exit rate in 2024 saw over 964,000 wallets leave across five weeks, preceding a notable bull run. Bitcoin (BTC) shed around 245,000 wallet holders in just five days, the fastest rate of wallet exits in…
US Public Still Prefers Banks Over Crypto | Catch Up | May 3 – 9, 2026
From South Korea to the US, from Google to World Liberty, here are the crypto stories you may have missed this week. 🏛️ Regulation & Global Policy South Korea Formalizes 2027 Tax Framework South Korea has officially set January 1,…
SIREN surges 22% but 4H chart flashes reversal
SIREN price surged 22% on Binance perpetuals on May 8, hitting $1.2965 before a sharp 4H reversal warned of seller resistance. Summary SIREN’s Binance perpetual contract rose 22.82% on May 8, touching a session high of $1.2965 on volume of…
