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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.

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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

Bitcoin’s $20K Collapse: 6 Reasons Behind the Crash and What Happens Next?

Bitcoin is currently knocking on the door that helped it bounce during the February crash at $60,000. The asset dumped toward $61,000 earlier today, which was hard to imagine just…

Continue ReadingBitcoin’s $20K Collapse: 6 Reasons Behind the Crash and What Happens Next?