Author: boss

US House Lawmakers Launch Probe into Kalshi, Polymarket Insider Trading

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The chair of the US House of Representatives’ Oversight and Government Reform Committee sent letters to the CEOs of Kalshi and Polymarket, questioning the companies’ response to incidents of insider trading on the platform. In a Friday X post, Committee Chair James Comer confirmed reports that he had sent letters to Polymarket CEO Shayne Coplan and Kalshi CEO Tarek Mansour, asking them for internal records on how the companies were handling insider trading. The Kentucky lawmaker said there were concerns in Congress over elected officials using “basic insider knowledge” to…

Near Leads AI Token Rally With 50% Surge as $5 Price Target Emerges

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NEAR Protocol (NEAR) displayed strength on Friday, rising 34% over the last 24 hours to $2.32, leading artificial intelligence-based tokens in a rally fueled by NEAR’s network upgrades and NVIDIA’s bullish revenue forecast.  NEAR is trading 50% higher than its price seven days ago and has gained a whopping 115% over the last 90 days. Key takeaways: NEAR price surged 50% in seven days, hitting six-month highs as AI crypto tokens rallied on strong market momentum. NEAR Protocol upgrades focused on AI, privacy and scaling boosted investor confidence and trading…

Bitcoin credit play SATA surges as ASST stock joins capital markets

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Strive’s Bitcoin linked preferred stock SATA is emerging as a key credit market instrument while its common equity ASST gains traction in public markets, reshaping how institutions finance large Bitcoin treasuries through yield bearing securities rather than straight spot purchases. Summary Michael Saylor highlights SATA and ASST as the “most interesting story” in Bitcoin capital markets Strive uses SATA proceeds to buy thousands of BTC while paying double digit yield Strategy’s STRC preferreds have funded roughly $1 billion in recent Bitcoin purchases New Bitcoin backed preferred structures are reshaping corporate…

Bitcoin Bull Run ‘Not There Yet,’ Warns CryptoQuant Founder

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Institutional Crypto Adoption Grows Despite $1B Fund Outflows and Geopolitical Risks

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Institutional adoption continued to reshape the digital asset market this week, even as geopolitical tensions reminded investors that crypto remains sensitive to broader macro conditions. Digital asset funds suffered more than $1 billion in outflows as traders reduced risk exposure amid fading hopes for a durable ceasefire between the United States and Iran. At the same time, Tether tightened its grip on Twenty One Capital, Bernstein argued that Bitcoin miners are carving out a strategic role in the race to build artificial intelligence infrastructure, and Polymarket teamed up with Nasdaq…

Bitcoin Drops 1% as New Dow Jones All-Time High Sees Stocks Leave Crypto Behind

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Bitcoin (BTC) faced familiar selling pressure on Friday as US stock markets began setting fresh record highs. Key points: Bitcoin and crypto markets diverge from US stocks, with the Dow Jones pushing into price discovery at the Wall Street open. Analysis sees further potential upside for stocks coming next, including S&P 500 participants. BTC price action battles weak US demand as Binance buyers take the lead. Bitcoin slumps at US open while Dow Jones beats records Data from TradingView showed BTC/USD retreating below $77,000 at the Wall Street open, down…

What Goldman Sachs Dumping Its XRP Stash Means For Holders

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Goldman Sachs has quietly stepped out of its XRP ETF exposure, bringing a position once valued around $154 million down to zero in the first quarter of 2026. The move has quickly become a talking point across the XRP community because Goldman Sachs was previously one of the largest disclosed institutional holders of XRP-linked ETF products. However, the more interesting part of the story may not be the exit itself. The more interesting part is what happened around the market while that exit was being absorbed. Goldman Sachs Cuts XRP…

ICE to Launch Oil Perpetual Futures With OKX

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Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), is working with crypto exchange OKX to launch trading of oil-linked perpetual futures. OKX said Friday it plans to introduce perpetual futures based on ICE’s Brent crude and West Texas Intermediate (WTI) crude benchmarks, two of the world’s most widely used oil price indicators, according to a release shared with Cointelegraph. “These new OKX perpetual contracts, based on ICE’s deep, liquid, transparent, and global oil markets, allow OKX’s customer base […] to access energy benchmark products,” said Trabue…

4.8% inflation expectations put Bitcoin’s ‘digital gold’ narrative on trial

boss

US one year inflation expectations have climbed to 4.8% for May, a reminder that the inflation story is not over and a fresh stress test for the idea that Bitcoin and crypto function as hedges against persistent price pressure. Summary May one year US inflation expectation at 4.8%, up from a 4.5% preliminary reading and 4.7% previously Market research from Bitwise and others shows Bitcoin has become more correlated with inflation expectations since 2020, but not in a simple hedge like way Studies and market analysis suggest Bitcoin behaves more…

MARA Spent $4.3M on CEO Security as Crypto Attacks Rise

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Bitcoin miner MARA Holdings spent $4.3 million on personal security for CEO Fred Thiel in 2025, including $430,780 to armor a vehicle, as crypto companies respond to rising physical attacks on industry executives and investors. MARA, the seventh-largest Bitcoin mining company worth more than $5 billion, also spent about $58,810 on Thiel’s home security installations and reported additional expenses related to the security measures of other executives, according to its DEF 14A filing with the US Securities and Exchange Commission on April 30. The filing shows that MARA spent a…