Business

Kalshi’s Valuation Doubles to $11 Billion Amid Prediction Market Battle with Polymarket

Prediction market platforms Kalshi and Polymarket are locked in a fierce competition for investor capital, driving up valuations amid a surge in regulatory clarity...

Russia’s Central Bank: No Systemic Risk Despite $47M Crypto Derivatives Inflow

Russia's central bank is cautiously expanding access to crypto derivatives for institutions and qualified investors, seeking to circumvent international sanctions while maintaining a firm...

Bhutan Increases Crypto Exposure: Stakes $970K ETH, National ID on Ethereum

The Himalayan kingdom of Bhutan is solidifying its comprehensive national strategy to integrate blockchain and cryptocurrencies into its economy and public services, recently staking...

Bitcoin at $91,000: 5% Annual Drop Contrasts 27,600% Decade Surge

Bitcoin is trading lower this U.S. Thanksgiving holiday compared to a year ago, reflecting a short-term price dip against a backdrop of monumental long-term...

Bitcoin Tops $90,000: State Adoption, Fed Hopes Fuel Rally

Bitcoin's price surged above $90,000 on Thursday, driven by a pioneering decision from a U.S. state to acquire the cryptocurrency for its reserves and...

Terra Founder Do Kwon Seeks 5 Years, Faces 40 in South Korea

Crypto entrepreneur Do Kwon has asked a U.S. court to cap his prison sentence at five years for his role in the multi-billion dollar...

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