Bitgo Slashes 15% of Workforce to Pivot Toward AI-Powered Crypto Infrastructure
Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect...
Euro holds amid Middle East risk as Polymarket hikes July Fed hold odds to 81.5%
In recent trading, the euro stayed steady versus the U.S. dollar as investors tracked Middle East tensions and shifting expectations for the Fed’s next move....
Bolton guilty plea lifts Polymarket odds of Putin exit by 2026 to 13.5%
Former U.S. national security adviser John Bolton pleaded guilty Friday in federal court in Greenbelt, Maryland, to illegally retaining national defense information, with sentencing set...
Hormuz ship strike stalls UN evacuation as Polymarket Yes rises to 54.5%
After a cargo ship was struck near Oman, the UN’s maritime agency paused plans to evacuate over 11,000 sailors from the Strait of Hormuz pending...
US senators push to end CFTC ‘assault’ on state oversight of prediction markets
A group of 17 Democratic senators went after the CFTC’s funding for lawsuits over prediction markets, calling it an “assault” on state authorities....
Bitcoin Slips Below $59,000 Following May PCE Inflation Report
TL;DR Bitcoin fell below the $59,000 threshold as macro pressure returned to crypto markets. The BEA reported May PCE inflation at 4.1% year-over-year, according to...
Bitcoin makes first sub-$60K close since Q3 2024 as tech stocks enter ‘deep bear market’
Bitcoin risked turning $60,000 into resistance as BTC price weakness persisted following another tech-driven sell-off in Asian stock markets....
Bitcoin ETFs Lose $696 Million as Blackrock and Fidelity Lead Broad Crypto Selloff
Crypto ETF flows deteriorated sharply on Thursday, June 25, as bitcoin ETFs posted a sixth straight day of outflows, with redemptions reaching $696 million. Ether...
Bitcoin 25-Delta Put-Call Skew Widens Amid Market Consolidation
TL;DR Bitcoin options positioning has shifted toward downside protection, according to Deribit and Block Scholes references. The repaired source batch removed the earlier precise -10%...
May inflation hits 4.1% as Polymarket sees 79% odds of zero Fed cuts in 2026
After the Fed held rates steady last week, some Trump advisers signaled more patience with Chair Kevin Warsh even as inflation hit 4.1% in May....