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Bitcoin Slides as Warsh Stays Hawkish and Markets Await a Lasting US-Iran Agreement: Weekly Recap

It was another eventful and volatile week in the cryptocurrency markets (and beyond), which began with promising news on the war front in the Middle East that all concerned parties…

Continue ReadingBitcoin Slides as Warsh Stays Hawkish and Markets Await a Lasting US-Iran Agreement: Weekly Recap

Wealthsimple launches Kalshi-powered prediction market app for Canadian investors

The offering follows regulatory approval earlier this year and comes as prediction markets face legal challenges from regulators, exchanges and policymakers around the world.

Continue ReadingWealthsimple launches Kalshi-powered prediction market app for Canadian investors

Crypto-backed GOP candidate wins Alabama Senate runoff with June primaries looming

Several more US states are scheduled to hold primaries next week after one Republican candidate won in Alabama on Tuesday after a crypto company-backed PAC used what it called its…

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Crypto PAC has $12M stake in Senate primary runoff as Alabama voters head to polls

Defend American Jobs reported spending $7.4 million on media to support Republican Barry Moore ahead of his May 20 Alabama primary, and an additional $4.7 million before Tuesday’s runoffs.

Continue ReadingCrypto PAC has $12M stake in Senate primary runoff as Alabama voters head to polls

Bitcoin Recovery Begins, SpaceX IPO Breaks Records, US-Iran Peace Deal Fragile: Weekly Recap

The previous business week ended with one of the worst price crashes in bitcoin’s recent history as the asset plummeted to under $60,000 for the first time since late 2024.…

Continue ReadingBitcoin Recovery Begins, SpaceX IPO Breaks Records, US-Iran Peace Deal Fragile: Weekly Recap