Author: boss

Kalshi and Polymarket Midterm Markets Favor Democratic Sweep With $12.5M Combined Volume – Bitcoin News

boss

Key Takeaways Polymarket traders give Democrats a 47% chance of sweeping both chambers in the 2026 midterms, drawing over $7M in volume. Kalshi’s $5.5M midterm market mirrors Polymarket odds, with a Democratic sweep leading at 45% probability. Trump’s approval sits near 36-37% in May 2026 polls, putting Democrats up D+7 on the generic ballot heading into November. Prediction Markets Signal Democrats Lead 2026 Midterms as Trump Approval Hits 34% Polymarket‘s “Balance of Power: 2026 Midterms” market has pulled in $7,038,176 in total trading volume. The leading outcome among traders is…

IG Europe Partners With Bitpanda to Bring Crypto Trading to European Investors

boss

IG Europe has partnered with Bitpanda to offer crypto for European investors, using the Austrian exchange’s infrastructure for liquidity, trading connectivity and market data. IG’s push to bring spot crypto trading to its European client base comes after launching the service in the United Kingdom in 2025. The new expansion has no confirmed timeline. “This partnership broadens our product offering across Europe, giving experienced investors access to a wider range of asset classes with the quality and security they demand,” said Esteve Jane, managing director of IG Europe, which is…

SUI Is One Of ‘The Most Under-Discussed Crypto Setups’: Analyst

boss

SUI may be one of the market’s more overlooked large-cap crypto setups, according to analyst Michaël van de Poppe, who argued that the network’s institutional, stablecoin and technical developments have been overshadowed by a steep drawdown in the token price. In a post on X, van de Poppe said market attention had focused heavily on SUI’s decline from $5.35 to roughly $0.90, while a broader infrastructure buildout continued in the background. His argument was not simply that SUI had become cheaper, but that the market may be underpricing the extent…

State Street Corporation raises exposure to Strive by 770% in Bitcoin push

boss

State Street Corporation has sharply increased its exposure to Strive Asset Management after buying nearly 1 million shares in the Bitcoin-focused asset manager. Summary State Street Corporation increased its exposure to Strive Asset Management by 770% after purchasing nearly 1 million ASST shares valued at about $17.7 million. Strive Asset Management added 381.61 BTC between May 13 and May 18, raising its corporate Bitcoin holdings to 15,391 BTC, according to company filings. Analysts at TD Cowen and H. C. Wainwright & Co. raised their ASST price targets as Strive expanded…

Bitcoin slips below $77,000 on Gate as BTC cools

boss

Bitcoin has dipped below $77,000 on Gate, with the BTC/USDT pair trading just under the threshold in a muted session. Summary BTC/USDT on Gate is trading at $76,998. The pair shows a 24-hour decline of 0.03%. Price action reflects a slight pullback after recent highs. According to market data, the BTC/USDT pair is currently priced at $76,998, putting bitcoin just under the $77,000 level. The 24-hour move is marginal, with the pair down 0.03% over the period, indicating essentially flat price action rather than a sharp sell-off. The small decline…

Foundation raises $6.4M to expand beyond Bitcoin wallets

boss

Bitcoin hardware wallet maker Foundation has raised $6.4 million in new funding led by Fulgur Ventures as it pushes beyond self-custody into identity, authentication and AI agent authorization. Summary Foundation raised $6.4 million in a new round led by Fulgur Ventures. The raise brings the company’s total funding to $16.5 million. Foundation has opened sales of Passport Prime and plans a KeyOS app store launch by the end of Q2. Bitcoin (BTC) hardware wallet manufacturer Foundation has closed a $6.4 million funding round led by Fulgur Ventures, with participation from…

US Sanctions Sinaloa Cartel-Linked Ethereum Addresses

boss

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six Ethereum addresses tied to a Sinaloa Cartel-linked money laundering network that allegedly converted drug proceeds into cryptocurrency. OFAC added the addresses to its Specially Designated Nationals list (a US sanctions list of people, entities and assets subject to blocking restrictions) on Wednesday as part of sanctions against 11 individuals and two entities connected to two Sinaloa Cartel financial networks. Treasury said one network, led by Armando de Jesus Ojeda Aviles, collected bulk cash in the US…

Is the Bitcoin halving cycle dead? Here’s what comes next

boss

For a decade, the four-year halving cycle was the closest thing Bitcoin had to a law of nature. Buy after the halving, sell eighteen months later, repeat. In 2025 and into 2026, that model is visibly failing for the first time, and the argument over what comes next is the most important debate in crypto right now. The answer matters because the cycle is not just a chart pattern. It is the lens through which an entire generation of investors learned to think about Bitcoin. Summary Bitcoin’s post-halving pattern has…

The Last Time Bitcoin Printed This Ugly Candle, It Tanked; Now It Has Returned

boss

The Bitcoin weekly chart has printed a red candlestick in a way that has quietly preceded some corrections. This candlestick appears in the numbers: in the open, the push, the rejection, and the close. That is exactly what happened last week. The candle that formed has now drawn the attention of an analyst who has catalogued its full history on Binance going back to 2017, and what he found is the possibility of another Bitcoin crash. Bitcoin’s Weekly Candle Flashes A Rare Bearish Setup As noted by a crypto analyst…

Bitcoin Demand Weakens as BTC Price Risks Prolonged Consolidation

boss

Demand for Bitcoin (BTC) has decreased sharply over the last few days as the price ran into overhead resistance above $80,000. Analysts say BTC’s inability to hold key support levels may be paving the way for a prolonged consolidation. Key takeaways: Bitcoin’s apparent demand fell to -3,138 BTC, its lowest level in four months. Weak spot activity and negative ETF flows pressure the BTC price below $80,000. Analysts warn that Bitcoin risks prolonged consolidation or a deeper correction if $78,000 is not broken. Bitcoin’s apparent demand has dropped to its…