Prediction market Kalshi filed a lawsuit against the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement after both state regulators sent cease and desist orders for the firm to pause all sports-related contracts in the states. Kalshi’s legal team argued that the contracts fall under the jurisdiction of the Commodities Futures […]
Kalshi sues Nevada and New Jersey gaming regulators Read More »
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Bitcoin (BTC) price has declined by more than 6.5% over the last two days after rallying to $88,000 at the beginning of the week. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin dropped from a high of $87,500 on March 28 to an intra-day low of $81,900 on March 29.
How low can the Bitcoin price go? Read More »
Supreme Court Justice Sonia Sotomayor told students at Georgetown University that judges should be “fiercely independent” in responding to growing challenges to the rule of law. Speaking at a forum Friday, Sotomayor said judges need to “ensure that the state is respectful” of both judicial independence and the rights protected by the Constitution. Sotomayor didn’t
Supreme court justice says judges must be ‘fiercely independent’ Read More »
A prominent international law firm reached a deal with President Donald Trump on Friday to dedicate at least $100 million in free legal services and to review its hiring practices, averting a punishing executive order like the ones directed at nearly a half-dozen other major legal institutions in recent weeks. The deal with Skadden, Arps, Slate, Meagher
Institutional adoption of Bitcoin in the European Union remains sluggish, even as the United States moves forward with landmark cryptocurrency regulations that seek to establish BTC as a national reserve asset. More than three weeks after President Donald Trump’s March 7 executive order outlined plans to use cryptocurrency seized in criminal cases to create a
Bitcoin adoption in EU limited by ‘fragmented’ regulations — Analysts Read More »
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported. However, one
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative Read More »
It was a week of back-to-back housing data that revealed some positive and some negative manifestations in the market. But there is an unanticipated development to watch out for: the Department of Government Efficiency run by the richest man in the world, Elon Musk. “Downside risks to the housing market are layoffs because of DOGE
The housing market now has more ‘downside risks’: layoffs from DOGE and the trade war Read More »
Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive. The new taxes, which are set to begin April 3 and expand in the following weeks, are estimated to raise the average cost of a car imported from another country by thousands
The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to CoinFund managing partner David Pakman. “We’re in a stablecoin adoption upswell that’s likely to increase dramatically this year,” Pakman said during Cointelegraph’s Chainreaction live show on X on March
$1T stablecoin supply could drive next crypto rally — CoinFund’s Pakman Read More »
