Author: admin

DraftKings Predictions sports and finance markets will route through CME Group, the same exchange FanDuel will use. The app lacks what Kalshi and Polymarket bring to the table.DraftKings launched DraftKings Predictions today, bringing their sports event contracts to 38 states.The standalone mobile app operates under Commodity Futures Trading Commission oversight through DraftKings’ wholly owned subsidiary, registered as a CFTC Introducing Broker and National Futures Association member. The platform launches initially with sports and finance contracts through CME Group’s exchange, with plans to expand into entertainment/culture markets and more.“DraftKings Predictions is a significant milestone and reflects our ongoing commitment to delivering…

Read More

Crypto traders have not yet shown enough fear on social media to confirm a market bottom, according to a crypto analyst who suggested Bitcoin could still slide to around $75,000.“It looks very tempting to come even closer to it,” crypto market sentiment platform Santiment founder, Maksim Balashevich, said on a video published to YouTube on Friday.A move to that level would represent an approximate 14.77% drop from Bitcoin’s (BTC) current price of $88,350, according to CoinMarketCap. Bitcoin is up 1.81% over the past 30 days. Source: CoinMarketCapBalashevich explained that his hesitation comes from observing significant optimism online that the downtrend…

Read More

The roadmap focuses on Aave V4, Horizon, and Aave App as Aave exits SEC scrutiny. Aave founder and CEO Stani Kulechov on Tuesday outlined a master plan for 2026, wherein he detailed how Aave Labs intends to scale the protocol into a core piece of global on-chain financial infrastructure through three main initiatives: Aave V4, Horizon, and the Aave App. According to Kulechov, Aave V4 will introduce a complete redesign of the lending protocol, in a bid to address liquidity fragmentation and significantly expand capacity. The Three Pillars The upgrade is expected to introduce a Hub and Spoke architecture, where…

Read More

Felix Pinkston Dec 20, 2025 22:48 Explore the diverse selection of books recommended by a16z crypto for winter 2025, featuring insights into industries, biographies, and fictional narratives. The a16z crypto team has unveiled its winter 2025 reading list, offering a broad spectrum of topics ranging from the historical evolution of industries to personal memoirs and thrilling novels. The selection is crafted to cater to diverse interests, reflecting both professional insights and personal leisure reads, according to the a16z crypto editorial. Industry and Historical Insights Among the notable recommendations is “The Prize: The Epic Quest for Oil, Money and Power” by…

Read More

Hyundai Group evacuated employees from two major offices in Seoul today after receiving a bomb threat email demanding payment in bitcoin, police said.  Authorities later confirmed the threat was a hoax, but the incident added to growing concern over a recent wave of extortion, crypto and non-crypto related, threats targeting South Korea’s largest companies. According to local reports, a 112 emergency call was received at about 11:42 a.m. The caller relayed the contents of an email sent to Hyundai. The message said an explosive device would be detonated at Hyundai Group’s building in Yeonji-dong, Jongno-gu, at 11:30 a.m. It added…

Read More

Key takeaways:Strong demand for US Treasurys and lower odds of a Fed rate cut indicate that investors are shifting toward safer assets, reducing interest in Bitcoin.Economic weakness in Japan and softer US job data add pressure to Bitcoin, limiting its use as a hedge in the near term.Bitcoin (BTC) has repeatedly failed to hold above the $92,000 level over the past month, prompting market participants to develop multiple explanations for the price weakness. While some traders point to outright market manipulation, others attribute the decline to rising concerns around the artificial intelligence sector, despite the absence of concrete evidence to…

Read More

Three of the top former executives at FTX and its affiliates have accepted final punishments from the U.S. Securities and Exchange Commission as the agency resolves its enforcement cases connected to the exchange’s collapse, the SEC said in a litigation notice on Friday.As former CEO Sam Bankman-Fried continues his federal prison sentence on his fraud convictions, Caroline Ellison, the former CEO of its Alameda Research arm, is among those who agreed to consent judgements to resolve enforcement actions filed in 2022 and 2023, which still have to be approved in court. Others who signed the deals include Zixiao “Gary” Wang,…

Read More

U.S. Senator Cynthia Lummis, who has arguably been the closest friend to the crypto sector in Congress, won’t seek another term, she said in a statement on Friday.The first-term lawmaker will call it quits after her six-year term ends in January 2027, leaving a Republican seat open in extremely red Wyoming, but also removing a major ally for the digital assets industry. Lummis has been the inaugural chair of the first subcommittee dedicated to crypto matters at the U.S. Banking Committee, where she’s pushed crypto-friendly legislation as a top priority.Even now, she’s among the leading negotiators for the crypto market…

Read More

Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum price has surged 4% in the past 24 hours to trade at $2,947 as of 4:00 a.m. EST on a 41% surge in trading volume to $36 billion. Ethereum price increase comes as weaker US inflation drives positive market sentiment, even as the Bank of Japan (BOJ) raised interest rates. The US Consumer Price Index (CPI) rose 2.7% over 12 months to November, down from 3% in September, surprising analysts and signaling a slowdown in price pressures. 🚨BREAKING: U.S. CPI came in below expectations at…

Read More

Rebeca Moen Dec 19, 2025 21:25 In 2025, Algorand (ALGO) saw significant growth with new applications, partnerships, and staking options, enhancing its ecosystem and promoting financial empowerment globally. In 2025, the Algorand (ALGO) ecosystem experienced significant growth, marked by the launch of numerous applications and strategic partnerships. This expansion not only strengthened network decentralization but also broadened access to financial tools and services, according to the Algorand Foundation. New Mainnet Applications A diverse array of applications was introduced to the Algorand mainnet in 2025, spanning various sectors including identity, finance, and tokenization. Key launches included Alpha Arcade, a prediction market,…

Read More