Tag: Markets

Bitmine ETH Holdings Cross 5.2 Million—CEO Announces New Phase For Crypto Markets

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Bitmine Immersion (BMNR) said on Monday that its Ethereum (ETH) holdings have continued to climb, reaching 5 million tokens and getting closer to the company’s longer-term goal of owning 5% of the total ETH supply.  The firm described the update as evidence that a “crypto spring” has begun, and used the announcement to reinforce why it believes ETH matters not only as an asset, but also as a form of diversification for investors. What’s In Bitmine Immersion’s Portfolio? According to Bitmine’s disclosure, the company controls more than 4.31% of ETH’s…

MoonPay Acquires Dawn Labs, Launches AI Tool in Prediction Markets Push

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Financial technology company MoonPay announced the launch of an AI technology tool for trading strategies on prediction markets following its acquisition of Dawn Labs for an undisclosed amount. MoonPay said Monday that it had launched Dawn CLI in an effort to facilitate trading strategies “in plain English,” citing activity on prediction market platforms like Polymarket and Kalshi. Dawn Labs founder Neeraj Prasad said the tool will democratize trading “by general intelligence.” “Prediction markets are one of the fastest-growing categories, attracting a new generation of active traders across platforms like Polymarket…

Tucker Carlson Calls Markets ‘Fake’ After 60 Days of Middle East Conflict – Bitcoin News

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Key Takeaways Tucker Carlson called public markets “fake,” pointing to oil trading under $100/barrel despite 60+ days of war disruption. Bitcoin climbed to $82,000 and drew $2B in April ETF inflows as investors bypassed traditional safe-haven assets like gold. With the Strait of Hormuz still contested in May 2026, analysts warn record S&P 500 highs near 7,300 could reverse fast. Tucker Carlson: ‘Markets Are Doing Things You Would Not Expect Markets to Do’ The comments came against a backdrop that has left many analysts searching for explanations. Operation Epic Fury,…

Institutional Investors Return to Crypto as ETFs, Prediction Markets Surge

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Institutional capital is flowing back into digital assets, but this cycle looks very different from the last one. Prediction markets are beginning to attract serious attention from Wall Street, Bitcoin exchange-traded funds (ETFs) are once again seeing large inflows and venture giant a16z is loading up another multibillion-dollar crypto war chest. Meanwhile, traditional banks are quietly accelerating their push into tokenized finance infrastructure. Taken together, this week’s Crypto Biz points to a broader shift underway across the industry. Crypto companies are no longer just chasing retail traders — they’re increasingly…

Bitcoin Jumps Above $82,000 As US-Iran Deal Hopes Lift Markets

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Bitcoin pushed above $82,000 on Wednesday as markets rallied around fresh hopes that the US and Iran are moving closer to a framework agreement that could cool the conflict and ease pressure on global energy markets. The move extended Bitcoin’s recovery from its early-February low near $60,000, putting the asset up more than 36% from that level. It also added weight to a technical shift that began in late April, when BTC broke above a major downtrend line that had capped price action since the October 6 all-time high at…

Bernstein Sees Prediction Markets Go Institutional After First Block Trade

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Prediction markets are evolving from retail speculation platforms into institutional-grade financial instruments, driven by demand for precise macro hedging and clearly defined binary outcomes, according to a May 4 report by Bernstein. The report highlights why institutional investors may find these markets attractive — namely, they allow users to hedge specific event risks, such as tariffs, elections and geopolitical developments, using contracts that resolve to simple yes-or-no outcomes. Bernstein pointed to the first bespoke institutional block trade executed on Kalshi last week as a key milestone. A block trade refers…

Hyperliquid Launches HIP-4 and Targets Polymarket With Zero-Fee Outcome Markets – Bitcoin News

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Key Takeaways: Hyperliquid launched HIP-4 Outcome Markets on mainnet May 2, 2026, with BTC daily binary contracts live and trading. HIP-4 charges zero fees to open positions, directly targeting Polymarket and Kalshi for onchain prediction market volume. Builders can deploy permissionless markets in a later phase by staking 1,000,000 HYPE, with slashable stakes burned if rules are violated. Hyperliquid Pushes Into Prediction Market Space With HIP-4 Mainnet Launch The new contract type is distinct from HIP-3, which launched on mainnet Oct. 13, 2025, and covers builder-deployed perpetual futures for stocks,…

US Senate Bans Members, Staff from Prediction Markets

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The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction markets. The resolution, passed by unanimous consent, changed the Senate’s rules and took immediate effect.  “Engaging in any way in a prediction market or trying to place bets where we might have inside information deteriorates the confidence that our constituents have in us,” Republican Senator Bernie Moreno, who introduced the resolution, said on the Senate floor. “By changing the standing rules of the Senate, what we’re…

US Senate Bans Lawmakers From Betting on Prediction Markets – Bitcoin News

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Key Takeaways: Sen. Bernie Moreno led the U.S. Senate to pass a unanimous ban on prediction market trading on April 30, 2026. Prediction platforms like Polymarket and Kalshi saw 2026 volume surges amid growing insider trading scandals. Senate Rule XXXVII now bars 100 members from betting on event contracts to ensure public trust in policy. Senator Bernie Moreno Leads Senate Charge to Prohibit Betting on Event Contracts Introduced by Senator Bernie Moreno (R-OH) just one week ago, the measure amends the Standing Rules of the Senate to address intensifying ethical…

What The Bitcoin Drop Since Gensler Left Says About Markets And Regulation

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When Gary Gensler left the US Securities and Exchange Commission in January 2025, Bitcoin was trending higher, and many expected a more favorable regulatory backdrop to drive further upside. Instead, BTC has fallen sharply to a zone that complicates a once-popular narrative that regulation, or Gensler specifically, was the primary force holding the market back. Bitcoin’s Price May Be Saying More About Markets Than Regulators The market reaction to regulatory change hasn’t played out the way many expected. Analyst Benjamin Cowen has mentioned on X that when Gary Gensler stepped…