CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets
Rewrite this content into a 1000-word SEO friendly article: The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these products. In a complaint lodged in the … Read more
Hyperliquid Whale Shorts Bitcoin, Is A $75K Retest Incoming
Rewrite this content into a 1000-word SEO friendly article: Key takeaways: A whale linked to asset manager Fasanara Capital holds a $38 million crypto short position, but will it impact Bitcoin’s price? Negative futures funding rates at Binance and Bybit point to unusual demand for bearish positioning despite BTC’s recent price gains. Bitcoin (BTC) struggled … Read more
Crypto-Aligned Fellowship PAC Bets Big on Texas Senate Race
Rewrite this content into a 1000-word SEO friendly article: The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether’s head of government affairs, reported spending more than $3 million on advertising related to US Senate and House races, with the majority going toward to support a Texas Republican candidate. In a Tuesday filing … Read more
ETH Buy Pressure Hits $5.5B As Price Nears Key Breakout
Rewrite this content into a 1000-word SEO friendly article: ETH derivatives show strong buyer dominance, leading traders to target $2,500 to $2,600 as the next crucial rally. Ether (ETH) futures on Binance have risen to a near two-month high as aggressive buyers stepped into the market over the past week. Buy-taker volume rose above $5 … Read more