Robinhood Offers Prediction Market “Custom Combos” for Pro Football Outcomes Robinhood said Friday it is enabling “Custom Combos” for users wagering on professional football outcomes, expanding the company’s prediction market features as U.S. gambling activity rises alongside the NFL postseason. The rollout builds on Robinhood’s partnership with Kalshi, a regulated prediction market platform that lists…
Tom Lee’s BitMine adds pressure to Ethereum staking queue as backlog hits $8.3 billion Ethereum’s staking pipeline is growing more congested, with more than 2.55 million ether (ETH) now waiting to be activated. At current valuations cited in the data, that backlog is worth roughly $8.3 billion and implies an estimated wait time of more…
Manhattan DA Pushes Criminal Penalties for Unlicensed Crypto Operators Manhattan District Attorney Alvin Bragg urged state lawmakers Wednesday to criminalize unlicensed crypto operations, arguing that gaps in oversight are being exploited by criminals to move illicit funds. Bragg said a “$51 billion criminal economy” is thriving in regulatory blind spots, enabling money laundering tied to…
Saylor’s ‘Bigger Orange’ Hint Has Strategy Closing in on 700,000 BTC Strategy, the bitcoin treasury company led by Michael Saylor, is edging closer to a major milestone in its accumulation strategy. At present, Strategy holds around 687,410 BTC, valued at a touch north of $65 billion. Saylor signaled the latest move in an X post,…
Charles Hoskinson Critiques US Government on Crypto Objectivity Charles Hoskinson, founder of IOHK and the Cardano blockchain, criticized a recent US government announcement he said blurred the line between regulation and procurement. In his view, government messaging risked mixing two separate functions: setting rules for the crypto industry and purchasing or using crypto-related services or…
A16z fundraising, Powell–Trump tension, and a flat crypto market set the tone into Monday Crypto markets opened the week with little movement, even as major headlines in venture capital and U.S. politics competed for attention. According to the provided notes, crypto majors were mostly flat heading into the Monday open, with bitcoin described as “even”….
Charles Hoskinson Critiques US Government on Crypto Objectivity Charles Hoskinson, the founder of IOHK and Cardano, criticized a recent US government announcement, arguing it blurred the line between regulation and procurement. In his view, policy efforts meant to set rules for the crypto sector should be clearly separated from any government decisions to buy or…
Customers are benefitting from the global stablecoin arms race — but that won’t last forever Stablecoins posted a record-breaking year as governments and large companies increased efforts to encourage their use around the world, highlighting how quickly this corner of digital finance is becoming more mainstream. Michael Abbott, senior managing director and global banking lead…
Polygon Labs said to have laid off 60 staff following new $250 million acquisition Polygon Labs, the firm behind the Ethereum scaling network Polygon, has laid off 60 staff following its acquisition of Coinme and Sequence for more than $250 million, according to a source familiar with the matter who spoke to CoinDesk. The layoffs…
South Korea Tightens Crypto Access as Google Play Blocks Unregistered Exchanges Android users in South Korea will soon lose access to apps from overseas cryptocurrency exchanges that are not registered locally, after an update affecting Google Play availability. Beginning January 28, users in South Korea will no longer be able to download or update apps…
Esports Team Ninjas in Pyjamas Mines $14 Million in Bitcoin as Operation Expands NIP Group Inc., the publicly traded parent company of the esports team Ninjas in Pyjamas, said Thursday that it mined approximately 151.4 Bitcoin during its first three months of Bitcoin mining operations, spanning September through November. The company valued that production at…
Is Bitcoin Heading for a ‘Parabolic Blowoff’ Mirroring Gold? Analysts Weigh In Analysts are drawing comparisons between the structure of bitcoin’s exchange-traded fund (ETF) flows and the setup that preceded gold’s historic surge in 2025, pointing to a similar pattern of persistent demand meeting constrained new supply. The core of the comparison centers on how…
Two solo bitcoin miners hit rare $300,000 jackpots in the same week Two solo bitcoin miners independently mined blocks this week, with each collecting a full block reward worth roughly $300,000. The back-to-back wins are unusual in a mining landscape dominated by large pools and industrial operators. In bitcoin, mining a block is a probabilistic…
State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech State Street is pushing deeper into blockchain-based financial infrastructure, positioning the technology as a way to modernize long-standing processes in traditional finance. With a market capitalization of roughly $36 billion and trillions of dollars in assets under custody, its approach…
Bitcoin Holds Key Support As Weekend Liquidity Sets In — $98,200 And $107,500 In Focus Bitcoin remained anchored above a key support level as weekend trading got underway, with market attention centered on two closely watched price markers: $98,200 and $107,500. The focus reflects how market participants often treat weekends as a distinct trading environment….
Popular burger chain Steak ’n Shake adds $10 million in Bitcoin to corporate treasury Steak ’n Shake said it has added $10 million worth of Bitcoin to its corporate treasury this week, expanding its involvement with crypto beyond payments and into balance-sheet holdings. The fast-food chain has been accepting Bitcoin payments across its U.S. locations…
Two solo bitcoin miners hit rare $300,000 jackpots in the same week Two solo bitcoin miners independently mined full blocks this week, each earning a complete block reward worth roughly $300,000. The back-to-back wins stood out in a mining landscape typically dominated by large, industrial operations. In Bitcoin mining, finding a valid block is a…
Saylor Defends Bitcoin Treasury Firms Amid Rising Criticism Michael Saylor pushed back against growing criticism of companies that hold Bitcoin on their balance sheets, arguing that the decision should be treated as a straightforward corporate finance choice rather than a moral or ideological statement. Speaking on a podcast, Saylor said that buying Bitcoin should be…
White House Considers Pulling Crypto Bill Support if Negotiations Fail: Report The White House is prepared to withdraw its support for a crypto-related bill if negotiations over a proposed “yield” framework break down, according to the information provided. The pressure point appears to be an ongoing disagreement between Coinbase and banking interests. The White House…
What comes next: State of Crypto January 15 is set to be a consequential date for U.S. crypto policy, with a key markup and committee vote scheduled on the CLARITY Act. The proceedings will determine whether the bill advances, placing renewed focus on how federal lawmakers may reshape oversight of digital assets. A markup is…
