Latest updates, press releases, and insights from the volatile world of digital assets.
Kalshi, a leading U.S.-regulated prediction market platform, is in discussions for a new funding round that could value the company at approximately $40 billion, nearly doubling its valuation from just weeks ago amid surging trading volumes and product expansion
Charles Schwab is partnering with Cboe Global Markets to introduce binary-style options tied to S&P 500 closing levels, marking a major brokerage's entry into prediction-style trading and intensifying competition in the sector
The U.S. Commodity Futures Trading Commission has permanently banned former Celsius CEO Alex Mashinsky from commodities trading and registration, finalizing its enforcement action related to the platform's collapse
Following its record IPO, SpaceX has seen rapid gains that place its market value close to double Bitcoin's entire capitalization, while maintaining a substantial Bitcoin treasury of its own
Despite significant price pressure and a broader cryptocurrency selloff, Shiba Inu has seen notable increases in futures open interest reaching over 8.6 trillion SHIB, a sharp rise in token burns, and major whale movements, signaling sustained community and trader engagement even as the SHIB website experienced temporary issues
CME Group has introduced round-the-clock trading for its regulated cryptocurrency futures and options, marking a major step in bridging traditional finance with the nonstop digital asset markets
Hyperliquid’s native token HYPE has climbed above $73 for a fresh record high, completing a bull pennant breakout that points to $105. Strong platform revenue, ETF inflows, and derivatives market data support continued upside, while Arthur Hayes bold $150 call adds fuel to trader optimism
Coinbase has introduced direct Indian rupee deposits and withdrawals through the IMPS banking system, removing reliance on peer-to-peer transfers and simplifying crypto trading for millions of Indian users
The U.S. Commodity Futures Trading Commission has taken major steps to integrate perpetual futures and options into regulated markets, approving Kalshi's Bitcoin contracts while granting Coinbase a key position to offer global crypto derivatives domestically
A synthetic SpaceX perpetual futures contract on Hyperliquid experienced a sharp 45% drop within minutes, wiping out more than $1.5 million in leveraged positions. The incident highlights the risks associated with thinly traded pre-IPO markets that rely on oracle pricing rather than established spot benchmarks
