Category: Other Crypto News

Kalshi Suffers Court Loss in Ohio over Sports Betting Lawsuit

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The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on sport event contracts. An Ohio federal court has denied a motion filed by prediction markets platform Kalshi for a preliminary injunction against Ohio state authorities over allegations that the company was operating in violation of gambling laws. In an order filed Monday, US District Court for the Southern District of Ohio Chief Judge Sarah Morrison denied Kalshi’s request for an injunction that would have blocked the Ohio Casino Control Commission…

Ether Funding Turns Negative, But Bears Remain In Control: Why?

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Key takeaways: Ether price struggled as investors pulled $225 million from the spot ETFs, and Ethereum staking rewards underperformed compared to stablecoin yields. Recent Ethereum network upgrades and plans for improved wallet security are positives, but fail to kickstart demand for Ether. Ether (ETH) price has repeatedly failed to sustain levels above $2,100 over the past month, gradually eroding traders’ confidence in the altcoin. Even with a 7% rise between Monday and Tuesday, ETH derivatives metrics suggest a lack of interest in leveraged bullish positions, potentially signaling that bears remain…

Circle Stock Surges As Bernstein Sees Upside From Stablecoins

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Circle Internet Financial is among Wall Street’s best-performing stocks so far in 2026, and analysts at Bernstein believe the rally could continue as stablecoin adoption accelerates. In a recent note to clients, Bernstein reiterated its “Outperform” rating on CRCL stock and set a $190 price target, which typically reflects analysts’ expectations for a stock over the next 12 months. Despite a volatile end to 2025, Circle shares appear to have decoupled from the broader cryptocurrency market, which has been under pressure since October following a major leveraged liquidation event. Since…

Bitcoin Candlestick Structure That Led To Crash To Below $20,000 Last Cycle Just Appeared Again

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Bitcoin (BTC) is showing technical warning signs that have caught the attention of market watchers, with one analyst now predicting a dramatic price collapse in the world’s largest cryptocurrency. The analyst noted that a Bitcoin candlestick pattern that previously preceded a devastating crash to below $20,000 has reappeared on the weekly chart, reigniting fears that history may be repeating itself. If it does, it could completely rewrite the narrative of this entire market cycle.  Historical Setup Signals Bitcoin Potential Crash To $19,000 Market analyst Tony Severino has issued a stark…

BitGo Partners with StableX to Support $100M Crypto Treasury Plan

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BitGo will provide custody and trading services for StableX Technologies’ digital asset treasury as it plans to acquire up to $100 million in crypto tokens tied to the stablecoin sector. According to Tuesday’s announcement, BitGo Bank & Trust, N.A. will serve as the custodian for StableX’s digital asset holdings, while BitGo’s trading platforms will help execute the company’s planned acquisitions through its over-the-counter liquidity desk. StableX (SBLX) is a publicly traded company focused on stablecoin infrastructure and related technologies. Shares of the Nasdaq-listed company gained as much as 9% in…

SEC Chair Calls for ‘Coordinated Oversight‘ Between US Financial Agencies

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Paul Atkins, chair of the US Securities and Exchange Commission (SEC), said that an agreement with the Commodity Futures Trading Commission (CFTC) would lead to a new level of “coordination and collaboration,” including on enforcement. In a Tuesday speech for the FIA Global Cleared Markets Conference in Florida, Atkins said that the SEC and CFTC were considering an updated memorandum of understanding on coordination between the two federal regulators. The SEC chair did not explicitly mention oversight of digital assets, but said “the regrettable era of duplicative enforcement actions and…

Bitcoin Short Bets Surge—Will Bears Get Squeezed?

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Data shows the Bitcoin Funding Rates have turned negative across exchanges recently, indicating bearish bets are currently dominating. Aggregated Bitcoin Funding Rates Have Plunged As pointed out by analytics firm Santiment in a new post on X, the aggregated Bitcoin Funding Rates are currently showcasing a significant short bias. The “Funding Rate” here refers to an indicator that keeps track of the amount of periodic fees that derivatives market traders are exchanging between each other on a given centralized exchange. When the value of this metric is positive, it means…

Societe Generale-FORGE Deploys MiCA-Compliant EURCV Stablecoin on Stellar

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Societe Generale-FORGE, the crypto arm of French banking company Societe Generale, has deployed its euro-denominated stablecoin on the Stellar blockchain, completing a multichain expansion first announced in 2025. The stablecoin, known as EUR CoinVertible (EURCV), is designed to comply with the European Union’s Markets in Crypto-Assets (MiCA) framework and represents a tokenized euro issued by the company for use in digital asset markets. According to the company, the Stellar deployment is intended to broaden the stablecoin’s use across blockchain-based financial applications and tokenized asset services. SG-FORGE said Stellar offers high…

Record-high Bitcoin Orderbook Asks Warn Of Price Correction

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Bitcoin (BTC) appears to have reclaimed $70,000 as support, although the market remains cautious as technical charts indicate a setup resembling the bull trap that occurred in January 2026. Bitcoin’s sell-side liquidity has expanded sharply during the latest range retest. According to crypto trader Ardi, Bitcoin ask orders reached a two-month high. The trader said, “Asks on Bitcoin just hit a 2-month high. $1.57B in sell-side liquidity stacked above price vs $1.125B in bids below.” Bitcoin orderbook analysis by Ardi. Source: X Within a 5% band around the spot price,…

Bitcoin S2F Model Says BTC Price Is Headed To $500,000, Here’s When

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Bitcoin could be on track for a massive long-term rally if one of the most interesting valuation models in the crypto industry is still valid. According to pseudonymous analyst PlanB, the Stock-to-Flow (S2F) model suggests that Bitcoin could average around $500,000 during the current halving cycle between 2024 and 2028.  The bold projection comes even as Bitcoin is showing no signs of trading at that level in recent days, but recent price action in the past 24 hours has seen it reclaiming the $70,000 price level. Here’s When Bitcoin Will…