U.S. lawmakers have begun questioning the Commodity Futures Trading Commission over the agency’s inaction on alleged insider trading in prediction markets tied to geopolitical events. Summary Seven House lawmakers questioned the Commodity Futures Trading Commission over its response to alleged insider trading in prediction markets tied to military events. The letter pointed to contracts linked
Bitcoin’s probability of reaching $100,000 by December 31 has climbed to 36.5%, up from 31% yesterday, as traders react to de-escalation in the Strait of Hormuz and a short squeeze pushes capital out of oil and into crypto. The Bitcoin $100,000 market moved sharply as risk-on sentiment returned following the Strait of Hormuz news. Traders
Almost all financial markets reacted positively to the big development, aside from oil. After a few consecutive days of warning shots, the US and Iran reached a two-week cease-fire, which would allow them to negotiate for a permanent peace deal. Financial markets responded immediately to the news, but in opposing ways. While most assets,
President Donald Trump said the United States and Iran were “very far along” toward a “definitive” peace agreement, confirming that Washington had agreed to a two-week ceasefire to keep negotiations on track. Summary The US and Iran agreed to a two-week ceasefire to allow negotiations toward a peace deal to proceed. Oil prices fell below
Iran has agreed to a 14-day ceasefire contingent on the Strait of Hormuz reopening. The ceasefire by April 15 market now sits at 100% YES, up from 12% just 24 hours ago. The April 15 ceasefire market spiked 24 points, moving from 67% to 90% in late-night trading before reaching 100%. The markets for April
During the program period, participating teams will receive support, including business consulting, blockchain technology mentoring, and networking. Seoul FinTech Lab, a Seoul Metropolitan Government-funded incubator for fintech companies, has announced a collaboration with the Korean arm of the XRP Ledger (XRPL) ecosystem to support promising builders on the XRPL. The goal is to develop
XRP price has now rejected the descending trendline resistance at least three times since late March, and the most recent failure on April 6 to 7 arrived on rising volume, a signal analysts associate with bearish continuation rather than consolidation. Summary XRP price is at $1.3184 on April 7 after being rejected at the descending
Iran’s Farsi version of its ceasefire proposal includes acceptance of uranium enrichment, a detail absent from the English version. The market for a US-Iran ceasefire by April 15 is at 99.6% YES, up from 14% just 24 hours ago. The April 15 ceasefire market saw odds jump from 67% to 90% in a single 24-point
The stablecoin market is likely to become a cornerstone of global financial infrastructure, and Morph intends to remain a part of the movement. The stablecoin sector has seen significant growth over the last few years. With a 60-fold increase in market cap since 2020, the sector is likely to become a cornerstone of global
The latest AI news China Iran artificial intelligence military US bases geopolitics story escalated on April 5 when an ABC News exclusive revealed that the US Defense Intelligence Agency has confirmed Iran’s Islamic Revolutionary Guard Corps is actively using AI-enhanced satellite imagery from a Chinese firm called MizarVision to identify, prioritize, and target US military