Connecticut Wants Robinhood and Kalshi to Stop Their Prediction Markets

Key Notes Connecticut believes that Kalshi and other players have violated state gambling laws and pose risks to consumer protection. Prediction markets face growing scrutiny across multiple US states, with New York and Massachusetts also taking action against Kalshi. The prediction market platform defended itself, arguing that it operates under the CFTC’s exclusive federal jurisdiction. The US state of Connecticut has ordered popular predictions market platform Kalshi to halt its operations of offering unlicensed sports betting via event contracts. A similar order has been issued to other market players like…

Will It Trigger 50% Rally?- Coinspeaker

Key Notes DACM boosted its HYPE holdings past $1 million. The asset manager withdrew 15,000 tokens from FalconX on December 4. Hyperliquid’s HIP-3 custom markets crossed $5 billion in total trading volume. On Dec. 4, DigiAssetFund (DACM) withdrew 15,000 HYPE HYPE $34.95 24h volatility: 1.6% Market cap: $9.47 B Vol. 24h: $355.50 M , valued at roughly $525,000, from FalconX. According to blockchain analytics platform Nansen, the transfer raised their total Hyperliquid holdings in that wallet to more than $1 million. .@DigiAssetFund (DACM) just withdrew 15K $HYPE (~525K USD) from…

Major BONK Purchase via DAT Announced: Rally Inbound?

Key Notes BONK.fun has redirected 51% of its fees toward BONK accumulation through the BNKK DAT. BNKK seeks to secure 5% of BONK’s circulating supply as a strategic reserve. A breakout above $0.00001100 could trigger bullish momentum for BONK. BONK.fun, a Solana meme coin generator, has announced major changes its fee structure. The protocol revealed that 51% of its fees will shift toward BONK BONK $0.000010 24h volatility: 1.1% Market cap: $823.30 M Vol. 24h: $88.37 M accumulation through the BNKK Decentralized Autonomous Treasury (DAT). Starting today, 51% of the…

Solana (SOL) Cools Off After Rally While Market Eyes a Resistance Break

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin Strengthens Again as Market Positions for Another Wave of Gains

Bitcoin price started a fresh increase above $92,000. BTC is now testing the key barrier at $94,000 and might attempt an upside break. Bitcoin started a fresh increase above the $92,000 zone. The price is trading above $91,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $92,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $94,000 zone. Bitcoin Price Extends Gains Bitcoin price managed to…

Shiba Inu Price Surges 8% as Shibarium Hacker Evidence Reaches FBI

Key Notes The Shibarium exploit drained $2.4 million in crypto assets, with hackers moving 260 ETH through 111 wallets before depositing funds at KuCoin. SHIB price broke above key moving averages, reaching $0.00000917 as the team forwarded evidence to FBI and requested KuCoin cooperation. Technical analysis shows potential for continued upside toward $0.00001000 if bulls maintain momentum above $0.00000880 support level. Shiba Inu SHIB $0.000009 24h volatility: 6.0% Market cap: $5.30 B Vol. 24h: $252.30 M price rallied 8% in the last 24 hours as markets reacted to the team’s…

NEAR Foundation Launches AI Cloud, Private Chat for Over 100M Users

Key Notes Intel TDX and NVIDIA Confidential Computing provide cryptographic attestation for every AI request processed through the platform. Private Chat offers ChatGPT-like functionality without corporate data harvesting, protecting user information in isolated environments. NEAR token trades near year-long support at $1.81 while protocol metrics show exponential growth with $7B in volume processed. The NEAR Foundation announced the launch of two new and interconnected projects: NEAR AI Cloud and Private Chat. These solutions are already implemented by Brave Nightly, OpenMind AGI, and Phala Network, reaching over 100 million users. According…

Franklin Templeton Launches Solana ETF on NYSE with SOEZ Ticker

Key Notes The $1.6 trillion asset manager received SEC approval and NYSE listing within one week of final filing submission. SOL price stabilized around $140 following recent volatility, supported by strong ETF inflows over 48 hours. Franklin’s crypto portfolio now includes eight major digital assets through SOEZ and its existing EZPZ index fund. US-based investment holdings firm Franklin Templeton’s Solana ETF has officially begun live trading on the New York Stock Exchange (NYSE) Arca platform. The launch comes as multiple Solana ETFs have recently entered a period of increased positive…

Kalshi Becomes CNN’s Prediction Market Partner as Polymarket Relaunches in the US

Key Notes CNN will display Kalshi-powered tickers during segments and provide newsroom access to event data for story development. Kalshi captured over 60% of global prediction-market activity following a $300M Series D raise and CFTC dispute resolution. Polymarket’s US reentry with Yahoo Finance partnership and potential $2B ICE investment intensifies the prediction market battle. CNN has chosen Kalshi as its official prediction markets partner, strengthening Kalshi’s effort to make event contracts a mainstream data source for political and economic reporting. This collaboration follows a series of October expansion moves by…

Zcash Foundation Targets Small ZEC DAT Domain in Trademark Enforcement

Key Notes Foundation demanded voluntary domain transfer from Zcash Strategy after receiving six community complaints about trademark violations. ECC’s CEO previously terminated the 2019 trademark agreement and requested limited enforcement focused solely on scammer protection. ZEC supporters remain divided on whether the action protects the ecosystem or reflects problematic centralized control over the protocol. The Zcash Foundation initiated a trademark enforcement action against Zcash Strategy, a small digital asset treasury (DAT) company run by a sub-300-follower account on X, related to its website domain (zcashstrategy.com). Controversy arose around this action,…