Nevada state authorities have been cleared to issue a temporary restraining order against prediction market platform Kalshi. Summary A federal appeals court denied Kalshi’s request to halt proceedings, clearing the way for Nevada regulators to pursue a temporary restraining order against the platform. Industry experts say Kalshi may be forced to exit Nevada for at
NASA today expanded SpaceX’s responsibilities within the Artemis lunar program while scaling back Boeing’s involvement, a realignment driven by growing frustration with legacy contractor delays and a deepening reliance on SpaceX’s reusable vehicle technology. According to a Bloomberg report, SpaceX’s Starship would take on a central role by docking with Orion in Earth orbit and
Analysts are watching $2,180–$2,200 on Ethereum closely, as a sustained break below it could open the door all the way to $1,900 A mix of geopolitical escalation, inflation data, and Federal Reserve signals has rattled global markets. According to analyst Ash Crypto, the combined pressure from rising oil prices, hotter-than-expected producer price inflation, and
Crypto saw $458m in liquidations in 24 hours as Iran’s Gulf strikes and $110 oil triggered a brutal flush of overleveraged BTC and ETH longs led by a Hyperliquid whale. Summary Total crypto liquidations hit $458 million in 24 hours, with $357 million of that from long positions and just $101 million from shorts, as
Anchorage Digital has expanded its Atlas network to include collateral management, adding another piece of infrastructure for institutions that want to lend against crypto without taking on the operational and counterparty risks that have long slowed the market. The company said Atlas now supports nearly 600 participants, up fourfold from a year ago, and has
A stranger wearing a black beanie jumped the fence at Khao Kheow Zoo on Tuesday to get a photo with Moo Deng, sending shockwaves through social media and a momentary flash crash through the MOODENG Solana charts. While the real-world pigmy hippo was reportedly unharmed, the token price reacted positively, spiking +3% toward $0.057 before
JPMorgan cuts its S&P 500 target and warns investors are dangerously complacent about Iran war risks, oil above $110, and the hit to growth, earnings, and stocks. Summary JPMorgan trims its year-end S&P 500 target from 7,500 to 7,200, arguing markets are making a high-risk bet on a quick Middle East resolution. With Brent crude above $110
Kalshi has raised more than $1 billion at a $22 billion valuation in a new financing round led by Coatue Management, the Wall Street Journal reported. The deal roughly doubles the company’s valuation from its $11 billion December raise and shows investors are still willing to pay up for exposure to the prediction market boom.
The Federal Reserve voted Wednesday (March 18) to hold benchmark interest rates steady at a target range of 3.50% to 3.75%, opting for caution amid rising energy costs that threaten to complicate the US economic recovery, which had a significant impact on the Bitcoin price. The decision to pause rather than cut rates sent an
Bitcoin’s push to $74,000 demonstrated strength, but heavy profit-taking and low futures activity suggest the rally may lack long-term sustainability. Bitcoin has broken above the upper boundary of its February-March trading range after climbing past $70,000 to touch $74,000 briefly. On-chain data indicates that the asset has moved beyond a dense accumulation cluster formed