Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket. The decision, announced Friday, follows a directive from the Ministry of Finance and enforcement by the National Telecommunications Agency (Anatel), according to state-owned news outlet Agência Brasil. Authorities claimed that such services fall outside Brazil’s current legal framework and therefore operate illegally. “We have been monitoring the evolution of this sector in Brazil, which suffered a period of anarchy because there were no rules, no oversight, from 2018 to 2022,” Finance Ministry executive secretary Dario…
Category: News
Bitcoin’s Big Players Are Accumulating — Is $80K Just The Start?
Crypto market sentiment shifted from “extreme pessimism” to “ultra FOMO mode” in just three days — and analysts say that kind of rapid swing is exactly what makes the current Bitcoin moment worth watching closely. Related Reading Bitcoin Whales Load Up As Price Pushes Higher Data from crypto analytics firm Santiment shows Bitcoin wallets holding between 10 and 10,000 BTC have added roughly 41,000 coins since April 10 — a haul worth approximately $3.17 billion. The buying has come as Bitcoin climbed toward $80,000, a price level the asset hasn’t…
XRP Eyes 30% Gains as Exchange Outflows Hit 35M Tokens in a Day
XRP (XRP) has rallied more than 30% in the last three months, and fresh technical and on-chain signals suggest the XRP/USD pair may have more upside ahead. XRP/USD daily chart. Source: TradingView Key takeaways: Exchange outflows, positive whale flows and strong ETF demand raise XRP’s bullish outlook. A wedge setup sees the price rising roughly 30% by June. Nearly 35 million XRP in exchange outflows boost upside case As of Saturday, XRP Ledger (XRPL) had recorded nearly 35 million XRP in exchange outflows in the last 24 hours, logging its…
Spot Bitcoin ETFs See 9-Day Inflow Streak as Investors Show Conviction
US spot Bitcoin exchange-traded funds (ETFs) have extended their inflow momentum through late April, notching a nine-day streak amid growing investor conviction. During the period, which spanned April 14 and April 24, total net inflows reached roughly $2.12 billion, with the strongest single-day performance on April 17, when funds attracted $663.91 million. April 14 and April 22 also posted robust gains of $411.50 million and $335.82 million, respectively. The weakest day came on Friday, with a more modest $14.45 million in net inflows. BlackRock’s IBIT led the day with $22.88…
Bitcoin Traders Double Down On Bearish Bets Amid Consolidation
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Can The XRP Price Reach $3 In 2026? Prediction Websites Show The Possibilities
Following the drawdown from 2025, the XRP price has dropped by more than 50% from its cycle peak to struggle below $1.5. With the recent recovery, there has been some improvement in the price action, but the sustainability of the rally remains to be seen. As the sideways action continues, the question now remains if the XRP price will be able to hit $3 again in 2026, which would be an over 100% increase from its current levels. XRP Price Will Not Go Above $2.3 The Crypto Predictions website shows…
Bitcoin Bonuses Expand as Fold Brings Payroll-Linked Rewards to Employers
Key Takeaways: Fold launches BTC bonuses, expanding employer adoption pathways. Businesses gain crypto tools, strengthening retention incentives. Fold Business growth signals wider corporate bitcoin integration. Fold Business Brings Bitcoin Bonuses Into Payroll Systems Fold Holdings Inc. said on April 23 that it introduced the Bitcoin Bonus Program for employers, expanding its push into workplace financial services. The offering allows companies to distribute recurring bitcoin bonuses tied to traditional payroll schedules. Employers can define bonus amounts in U.S. dollars, while the platform manages conversion into bitcoin, custody, vesting, and delivery through…
What Bulls Need To Reclaim $2.90 And What Bears Must Break
XRP is trading near the top of its month-long consolidation band, with the price stuck between roughly $1.35 and $1.45. With April nearing its end—just six days left until the month closes—will the XRP price break upward before the deadline, or will it slip lower and trigger a faster downside move? Monthly Breakout Or Breakdown? In a fresh technical update shared on social media, analyst Bull Winkle says the next major confirmation for the XRP price will come from how it behaves on the monthly time frame. According to Winkle,…
Singapore Police and Crypto Exchanges Launch Joint Operation Against Scam-Linked Accounts
Key Takeaways: Singapore Police Force expanded crypto crackdown on scam-related crypto activity. Coinbase, Gemini, Upbit, and Coinhako among the firms that backed enforcement action. Chainalysis and TRM Labs tools helped detect victims and reduce scam losses. Singapore Crypto Crackdown Targets Scam-Linked Accounts Singapore authorities escalated their push against crypto-linked crime after a coordinated enforcement action involving police and cryptocurrency exchanges. The operation underscored deeper cooperation between law enforcement and digital asset platforms as officials move to disrupt scam-related digital asset flows and cybercrime risks. The Singapore Police Force (SPF) said…
Bitcoin ETFs See Best Streak Since October As Inflows Hit $2.4B
As Bitcoin (BTC) attempts to reclaim a crucial level as support, spot exchange-traded funds (ETFs) based on the flagship cryptocurrency have registered their best performance since the October market crash. Related Reading Bitcoin ETFs ‘Back In The High Life’ US spot Bitcoin ETFs extended their positive streak to eight days after pulling in $223.2 million on Thursday, signaling strong demand for the investment products as the crypto market recovers. The BTC-based funds have been consistently seeing positive net flows since April 14, recording $2.09 billion in inflows during this period,…