News
FT: Kalshi Discusses Fundraising at $40 Billion Valuation
7+ hour, 13+ min ago (162+ words) The prediction-market platform **Kalshi** is discussing fresh funding at a **$40 billion** valuation. The Financial Times reported that Kalshi is considering ways to **raise funding** at a valuation of **$40 billion**. Kalshi's **valuation** has climbed sharply as the **prediction-market industry** has grown…...
Bitcoin Mining Profitability Worsens as Price Stays Below Production Cost for Five Months
3+ hour, 37+ min ago (273+ words) Bitcoin mining profitability is deteriorating rapidly as the price of Bitcoin remains below production costs for an extended period, The Block reported on June 24. Bitcoin miners' daily revenue has fallen to about $30 million on a seven-day moving average basis, down…...
Crypto Prediction Markets" Weekly Volume Surpasses $10 Billion for First Time, Hits Record $10. 8 Billion
4+ day, 18+ hour ago (115+ words) bloomingbit Cryptocurrency-based prediction markets posted weekly trading volume of more than $10 billion for the first time Weekly prediction-market volume reached a record $10. 8 billion last week, a16z Crypto said on June 20 Demand was concentrated around a series of major events, including a…...
SEC's Peirce Says Perpetual Futures, Prediction Markets Need Clear Rules
4+ day, 18+ hour ago (168+ words) Hester Peirce, a commissioner at the US Securities and Exchange Commission, said new financial products need a clear regulatory framework. Peirce told The Rollup that products such as tokenized securities, perpetual futures and prediction markets should be governed by clear…...
Philippine SEC Says It Is Ready to Embrace RWA Tokenization
4+ day, 19+ hour ago (153+ words) The Philippine Securities and Exchange Commission said it is ready to embrace the tokenization of real-world assets, or RWAs. Cointelegraph reported on June 20 that Rogelio Quevedo, a commissioner at the Philippine SEC, told Philippine Blockchain Week 2026 the agency is confident…...
Crypto Enters Undervalued Zone as $200 Billion Big Tech Fundraising Threatens Liquidity
4+ day, 22+ hour ago (264+ words) Bitmine said **cryptocurrency market valuation indicators** are near bottom levels, which have historically coincided with **periods of long-term investor accumulation**. Crypto Quant said the **realized market capitalization growth rate indicator** and its moving averages have fallen sharply since the fourth…...
Venus Protocol Launches Tokenized Stock-Backed Lending on BNB Chain
4+ day, 22+ hour ago (172+ words) Venus Protocol, a decentralized lending protocol, has launched a tokenized stock-backed lending service. On June 19, the protocol officially launched a market on BNB Chain that allows users to borrow against tokenized stocks known as b Stocks. The launch marks the…...
Bitdeer Sells All 218. 1 Bitcoin Mined Last Week
4+ day, 23+ hour ago (128+ words) bloomingbit Bitdeer Sells All 218. 1 Bitcoin Mined Last Week - Bitdeer said it produced 218. 1 Bitcoin over the past week. - Bitdeer said it sold the full 218. 1 Bitcoin it produced into the market as it was mined. - Bitdeer said it currently holds 0 Bitcoin on…...
Tom Lee Rejects Ethereum Funding Crisis Risk as '0%"
4+ day, 23+ hour ago (218+ words) Tom Lee, chairman of Bit Mine, said there is a "0%%" chance of a crisis emerging in response to an Ethereum core developer's concerns over a **protocol funding crisis**. Lee said **funding** is secured within the Ethereum network, underscoring the stability…...
EU to Ban Privacy Coin Services From July 10, 2027
5+ day, 1+ hour ago (183+ words) The European Union will ban services tied to privacy coins from next year. Under Regulation (EU) 2024/1624, which takes effect on July 10, 2027, anti-money laundering obligations for crypto-asset service providers in the bloc will be significantly tightened, industry officials said on June…...