CFTC Sues Kentucky to Block State Crackdown on Prediction Markets
The Commodity Futures Trading Commission (CFTC) has sued Kentucky, accusing the state of using enforcement actions and fees to push out federally regulated contract markets. The case adds Kentucky to a widening list of states clashing with the agency over prediction markets and event contracts. Kentucky Escalates State Pressure on Platforms The friction…
Bitcoin Warning: Here’s Why BTC’s Price Could Crash Below $38K (Analyst)
The recent whale activity doesn't support the bearish scenario.
BlackRock Says Bitcoin’s Portfolio Role Is Changing: Why 1-2% Matters
BlackRock syas Bitcoin is becoming complementary diversifier for portfolios, with modest allocations potentially balancing upside exposure and risk.
Alphabet Joins the Dow While its Stock Takes a Hammering
Alphabet joins the Dow on June 29, replacing Verizon, as a 6% stock crash from AI talent losses raises questions about Google's competitive edge.
CBOE Launches Prediction Markets With S&P 500 Binary Contracts
CBOE unveiled prediction trading products and said Charles Schwab will soon offer the contracts through its brokerage platform.
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