Category: Other Crypto News

Spanish Authorities Order Polymarket and Kalshi Blocked over Gambling Laws

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Spain’s gambling regulator blocked local users from Polymarket and Kalshi “as a precautionary measure” as authorities there address allegations the prediction markets platforms were in violation of gambling laws.  On Tuesday, Spain’s Directorate General for the Regulation of Gambling (DGOJ) said the country’s Ministry of Social Rights, Consumption, and Agenda 2030 had opened legal proceedings against the two companies, as they appeared to be operating without necessary licensing. The DGOJ issued an order blocking Spanish users from Kalshi and Polymarket until the proceedings were resolved, expected in three to four…

Bitcoin Spikes to $78,000 in Short Squeeze While US Stocks Hit New Highs

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Bitcoin (BTC) saw flash volatility around Tuesday’s Wall Street open as US-Iran nerves rocked risk assets. Key points: Bitcoin briefly taps $78,000 as volatility returns to markets at the Wall Street open. US stocks hit new all-time highs, while crypto continues to underperform. Positive funding rates spark fresh warnings over Bitcoin’s immediate outlook. Bitcoin neutralizes longs and shorts in volatile moves Data from TradingView showed BTC/USD hitting $78,000 — its highest since Thursday — before abruptly heading lower. BTC/USD one-hour chart. Source: Cointelegraph/TradingView In doing so, the pair liquidated both short…

NEAR Token Price Has ‘Potential to Grow 20x,’ Says Arthur Hayes

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Near Protocol’s native token, NEAR, has the potential to grow 20x by 2027, according to Arthur Hayes, co-founder of the crypto derivatives exchange BitMEX. Key takeaways: Hayes said NEAR Intents could make privacy coins like Zcash more usable across blockchains without bridges or multiple wallets. NEAR has surged more than 90% since Hayes publicly highlighted the token alongside ZEC and HYPE in May. NEAR makes privacy coins like ZEC usable: Hayes Speaking on The Rollup podcast, Hayes said NEAR’s bullish case rests on NEAR Intents, a feature that lets AI…

Dogecoin Rejection From Channel Top Sparks Fears Of A Deeper Correction

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AI Guardrail Removals Expose Gaps in Open‑Source Regulation

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Safety protections on open-source artificial intelligence models from major technology groups can be removed in minutes using publicly available tools, allowing systems to produce responses on topics including bioweapons, malware and other prohibited content, according to Financial Times testing with AI safety group Alice. The findings released Monday add to concerns that safeguards embedded by developers may not persist once model weights are released and modified, raising questions over where responsibility for AI safety should sit. The investigation, conducted using tools available on public code repositories, found that guardrails on…

Strategy Buys Back $1.5B of Debt at Discount

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Michael Saylor’s Strategy, the largest corporate Bitcoin holder, has repurchased $1.5 billion of its 0% convertible senior notes due in 2029 for $1.38 billion at an 8% discount to par, in a move that significantly cuts future debt obligations. The purchase reduces Strategy’s outstanding debt through convertible notes from $8.2 billion to $6.7 billion for 2029, the company announced on Tuesday. The notes were repurchased using the company’s cash reserves. Strategy also reported an additional $15.5 billion in aggregate notional amount of outstanding preferred stock and a USD reserve of…

Grvt Launches Tokenized Yield Products Through Plume

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Decentralized perpetual futures exchange Grvt will work with Plume to launch three tokenized real-world asset (RWA) yield products, offering users access to fixed-income and structured credit strategies through self-custodial wallets. According to Tuesday’s announcement, the products will be integrated directly into Grvt’s platform and include exposure tied to tokenized institutional-grade assets, including the $2.2 billion in assets iShares AAA CLO Active ETF. The integration adds three investment products, the Base Yield Fund, Balanced Fund and Opportunistic Fund, to Grvt’s trading platform, allowing users to access tokenized yield strategies from the…

Analyst Reveals What To Expect After 13 Years Of Disappointment

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Crypto analyst Crypto Patel has outlined a roadmap for a Litecoin rally to $1,000. He noted that LTC is currently in a multi-year accumulation phase, which is why he remains bullish despite the altcoin being down over 80% from its all-time high.  The Roadmap For A Potential Litecoin Rally To $1,000 In an X post, Crypto Patel divided the roadmap for a Litecoin rally to $1,000 into three phases. Under the first phase, he expects LTC to reclaim the $100 to $140 zone between now and next year. Under phase…

Bitcoin Price Chart Projects BTC to Reach $255K ‘Minimum’ Target

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Bitcoin (BTC) is up roughly 30% from its Feb. 6 low below $60,000 as a multi-year bullish chart pattern suggests BTC price could rise to as high as $220,000 in the coming months. Key takeaways: Bitcoin’s cup-and-handle pattern puts BTC’s minimum target at $220,000, but $74,000 must hold. Bitcoin spot volume has collapsed 81% since October 2025, a precursor to the end of every bear market. Bitcoin’s cup-and-handle pattern targets $220,000 and above Bitcoin price has formed a cup-and-handle (C&H) pattern on the weekly chart, suggesting that a massive upward…

Bearish Pressure On Shiba Inu May Be Nearing Completion, Weekly Chart Suggests

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Open interest in Shiba Inu climbed 2.1% over the past 24 hours even as spot trading volume fell 18%, sending conflicting signals about where the token is headed next. What The Chart Is Showing SHIB is currently trading around $0.0000056, near its historic lows, after dropping 10% in the past seven days. That decline brought the token back down to a key support zone around $0.0000055 — a level that has cushioned price drops since the coin’s early days in 2021. Despite repeated tests, sellers have not managed to push…