Author: James Wilson

U.S. President Donald Trump has backed the CFTC’s exclusive authority over prediction markets as federal and state officials fight over who should regulate the fast-growing sector. Summary Trump has backed the CFTC’s exclusive authority over prediction markets as states argue that some contracts should fall under gambling laws. The dispute covers sports and entertainment-linked contracts, with lawsuits and federal court cases already testing state and federal power. Trump’s family ties to Polymarket and Kalshi have added scrutiny as Congress also probes the prediction market sector. According to Trump’s Truth Social post late Tuesday, keeping the Commodity Futures Trading Commission in…

Hyperliquid has added validator-settled outcome markets for offchain events under its HIP-4 upgrade, expanding its trading system beyond perpetual futures into prediction markets. Summary Hyperliquid has added offchain outcome markets under HIP-4, allowing validators to deploy and settle prediction markets inside its network. The system reduces reliance on external oracle services by letting validators vote on market deployment and final settlement. The first offchain market, “May CPI year-over-year,” shows how Hyperliquid plans to support real-world event trading alongside perpetual futures. Hyperliquid said the new markets will be published through automated newsfeed software that validators run as part of normal chain…

Former New York Fed chief Bill Dudley has warned that the Federal Reserve risks losing its credibility as an inflation fighter after more than five years of missing its 2% target, just as new Fed Chair Christopher Waller is trying to convince markets he can still anchor expectations. Summary Dudley argues that with inflation running above 2% for more than five consecutive years, the Fed’s claim to be an effective inflation fighter is now “at risk of being lost.” He warns that inflation expectations could become “unanchored” if the Fed keeps behaving as if policy is restrictive when, in his…

Top-100 crypto markets diverged sharply today, with Worldcoin up more than 30% and Zcash down 10%, underscoring how idiosyncratic narratives are driving returns even as majors trade sideways. Summary Worldcoin (WLD) jumped 30.06% to $0.3929, topping the large-cap gainers list. Zcash (ZEC) fell 10.01% to $610.14, leading losses among major privacy coins. AI and infrastructure tokens like FET, RENDER and TIA outperformed while DeXe, Quant, Ondo and Canton lagged. According to CoinMarketCap data, today’s strongest performer among the top 100 cryptocurrencies by market capitalization was Worldcoin (WLD), which rallied 30.06% over the past 24 hours to trade around $0.3929. The…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP and DOGE price action contrasts with rising demand for reward-based presales like BlockDAG TURBO in 2026. Summary BlockDAG TURBO launches at $0.0005 with weekly on-chain holder rewards funded by Foundation allocations. XRP trades near $1.36 as investors shift focus toward crypto presales with recurring reward mechanics. BlockDAG TURBO combines staged pricing, transparent reward distribution, and long-term holder incentives. XRP is trading near $1.36 with futures open interest hitting a two-month high, while Dogecoin sits around $0.10 with no…

Bitcoin briefly reclaimed the $78,000 level in a violent short squeeze that added roughly $30 billion to its market capitalization within an hour, before volatility quickly returned. Summary Bitcoin jumped around $1,400 in a single hour to trade back above $78,000 Roughly $25 million in short positions were liquidated during the move Traders remain split on whether the spike marks a sustained breakout or another fake-out Bitcoin (BTC) ripped roughly $1,400 higher in about an hour on Tuesday, spiking back above $78,000 as a wave of forced liquidations flushed out overleveraged shorts and briefly added around $30 billion to the…

TeraWulf has bought a Kentucky site designed for more than 1 gigawatt of AI and high-performance computing capacity, a move that makes the company’s pivot away from pure Bitcoin mining impossible to ignore. Summary The Muskie Data Campus in eastern Kentucky is expected to support more than 1 GW of data center capacity on a roughly 285-acre parcel inside a 1,000-acre industrial park. TeraWulf says the first 500 MW should begin delivery in the second half of 2028, with a second 500 MW phase targeted for the second half of 2030. The company reported $34 million in Q1 revenue, including…

Zcash has extended its explosive recovery after confirming a bullish Adam and Eve pattern on the weekly chart, with traders now watching a potential breakout rally toward the $900 region. Summary Zcash price surged more than 110% in a month after confirming a bullish Adam and Eve breakout pattern, with traders targeting a potential rally toward $929. Grayscale’s spot Zcash ETF filing, the SEC’s closure of its Zcash investigation, and shrinking liquid supply boosted institutional and retail demand for ZEC. CoinGlass data showed dense short-liquidation clusters between $680 and $700, while analysts warned the token remains heavily overbought near current…

Singapore police charged former Hodlnaut CEO Zhu Juntao with six counts of fraud by false representation on May 26.  Summary Singapore police charged former Hodlnaut CEO Zhu Juntao with six fraud counts tied to UST claims. Police said the alleged statements denied direct UST exposure and losses after Terra’s 2022 crash. Related reports show Hodlnaut previously faced claims of $190 million in UST-linked losses. The Commercial Affairs Department led the investigation into the now-defunct crypto lender. Zhu, 36, faces three charges under Section 424A(1)(a) read with Section 424A(3) of Singapore’s Penal Code. He also faces three further charges under the…

Digital asset investment products recorded $1.47 billion in outflows last week, according to CoinShares’ latest weekly fund flows report.  Summary Bitcoin funds recorded $1.315 billion in outflows, marking the largest weekly Bitcoin exit of 2026. Digital asset products lost $1.47 billion last week, extending two-week outflows to $2.54 billion. XRP, Near, Solana, Sui, and multi-asset products still attracted selective inflows despite weak sentiment. The move marked a second straight negative week and the third-largest weekly outflow of 2026. Bitcoin led the withdrawals, with $1.315 billion leaving investment products.  CoinShares said this was the largest weekly Bitcoin outflow of 2026, passing…