New York City Council has opened an investigation Wednesday into how Kalshi, Polymarket, Coinbase and Gemini Titan advertise prediction contracts to city residents. Speaker Julie Menin announced that she sent letters to the four platforms. They have 14 days to disclose their New York user numbers, marketing methods, and how much they make in the
BeInCrypto•Kamina Bashir13 Aug
Forward Industries (FWDI) booked a $69 million net loss for its fiscal third quarter, or $0.80 per share, after writedowns on its Solana (SOL) treasury. The Nasdaq-listed company still grew the asset behind the loss. Its Solana stack grew to more than 7.55 million SOL by June 30, and SOL per share climbed 9% from
BeInCrypto•Kamina Bashir13 Aug
Michael Burry says Wall Street's calm, mega-cap-driven rally hides risk, and urges investors to avoid leverage before the cycle turns.
BeInCrypto•Darryn Pollock13 Aug
GSR's Core3 trading model cut Bitcoin to 16.9% and raised Solana to 43.6%, its largest weighting, as short-term signals favored SOL.
BeInCrypto•Darryn Pollock13 Aug
Goldman Sachs says Japan has reserves for more yen intervention, but the Fed-BOJ rate gap will decide the next move.
BeInCrypto•Darryn Pollock13 Aug
SpaceX short interest cratered from a 34% peak to 11% as shares rebound 41% off their August low, S3 Partners data shows.
BeInCrypto•Darryn Pollock13 Aug
Novo Nordisk's CEO conceded Eli Lilly is gaining market share even as oral Wegovy hits record prescriptions and the stock keeps falling.
BeInCrypto•Darryn Pollock13 Aug
An unknown crypto whale lost $25.6 million after an attacker drained their wallet. The hacker swapped the stolen assets into Dai (DAI) and Ethereum (ETH), onchain analyst Specter reported. The same wallet lost $24.2 million to a phishing attack in September 2023. Afterward, the attacker returned roughly 90% of the funds. Follow us on X
BeInCrypto•Kamina Bashir13 Aug
BofA's Aditya Bhave defends the bank's three-hike Fed forecast after July's CPI report, saying tightening remains incomplete.
BeInCrypto•Darryn Pollock12 Aug
Situational Awareness built a 16.61% Taiyo Yuden stake, then cut it to 4.41% during a hedge fund unwind.
BeInCrypto•Darryn Pollock12 Aug
Nvidia reports Q2 earnings on August 26. What to expect on revenue, guidance, margins, and the options-implied move.
BeInCrypto•Lockridge Okoth12 Aug
Norway's $2.3 trillion fund revealed a $1.2 billion SpaceX stake after twice voting down Elon Musk's Tesla pay deals.
BeInCrypto•Lockridge Okoth12 Aug
Japan escaped its Lost Decades. Now rate hikes threaten the cheap-yen trade that funds crypto and global risk assets.
BeInCrypto•Lockridge Okoth12 Aug
CryptoQuant flags a Bitcoin bottom signal as Fed pause odds top 60% after cool July CPI. Capitulation may not be done.
BeInCrypto•Lockridge Okoth12 Aug
The Truth API lawsuit argues Trump cannot sell $100,000 early access to presidential posts the public owns.
BeInCrypto•Lockridge Okoth12 Aug
Google has unveiled the Pixel 11 lineup, but the new phones arrive with unusually modest hardware upgrades, higher prices, and even a downgrade in RAM on some models. The Pixel 11, Pixel 11 Pro, Pixel 11 Pro XL and Pixel 11 Pro Fold bring Google’s new Tensor G6 chip and several AI-powered software features. However,
BeInCrypto•Mohammad Shahid12 Aug
Bitget, the world’s largest Universal Exchange (UEX), has launched Project Archimedes, a $300 million institutional capital program for quantitative trading firms, asset managers and market makers. With the vision of backing minds that move markets, Project Archimedes will support firms at different stages of growth through two programs: Institutional trading is entering a period where
BeInCrypto•Bitget12 AugA Teraswitch routing fault pushed Solana 86% of the way to a network halt as 28.83% of staked SOL went offline.
BeInCrypto•Lockridge Okoth12 Aug
The latest U.S. inflation data landed exactly where economists expected, removing the immediate risk of an upside surprise and leaving cryptocurrency investors focused on what the Federal Reserve does next. The Bureau of Labor Statistics reported Wednesday that the Consumer Price Index (CPI) rose 3.4% year-over-year in July, matching consensus estimates while slowing from June’s
BeInCrypto•Lockridge Okoth12 Aug
If you have been following the Ethereum price action for a while, you would know that the 6% monthly uptick could reverse rather quickly. Even though ETH seems to be trading inside a rising channel, an otherwise bullish pattern, a few alarming signs are emerging. On-chain, capital keeps flowing in while trading activity and big
BeInCrypto•Ananda Banerjee12 Aug