GARYElons Pet Snail
$0.0027
$0.0006
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Bitcoin Turns Cautious as Market Crash Risk Pushes $24K Outlook
Technical analyst Jesse Olson says Bitcoin could face a sharp drawdown scenario in 2026 if the US stock market experiences a major, recession-level shock. In a post shared over the weekend, Olson highlighted a downside target near $23,980, framing it as a potential outcome if equ...
CryptoBreaking
Bitcoin price may hit $24K if US stock market crashes by 50%, analyst warns
Bitcoin’s drop to $23,980 remains the worst-case scenario as weaker ETF flows and low US demand show big investors are still cautious.
Cointelegraph.com News (Full)
Kalshi IPO discussions emerge as monthly volume supasses $16 billion
Kalshi has exceeded a $2 billion annualized revenue run rate as the prediction market operator has begun early discussions with investment banks about a potential initial public offering, according to a report from The Information. The Information, citing people familiar…
crypto.news
Kalshi dispute reaches New Mexico as CFTC defends federal oversight claim
New Mexico has become the eighth U.S. state drawn into the Commodity Futures Trading Commission’s court battle over prediction markets after the regulator filed a lawsuit seeking to block state enforcement against federally regulated exchanges. The CFTC said on Friday…
crypto.news
CFTC Sues New Mexico Over Prediction Market Regulatory Authority
New Mexico has become the latest US state to clash with the Commodity Futures Trading Commission (CFTC) over the regulator’s authority to oversee prediction markets. The CFTC said it filed suit in federal court to stop New Mexico from applying state gaming laws to CFTC-registered...
CryptoBreaking
CFTC sues New Mexico over prediction market jurisdiction
The CFTC has sued New Mexico after state authorities took legal action against Kalshi, marking the eighth state the federal regulator has sued in its battle to assert authority over prediction markets.
Cointelegraph.com News
CFTC Moves to Extend Prediction Markets Oversight to New Mexico
New Mexico has become the latest U.S. state to clash with the Commodity Futures Trading Commission (CFTC) over the regulator’s asserted authority to oversee prediction market products that state governments view as regulated gambling. The dispute underscores an emerging, high-sta...
CryptoBreaking
Former SEC Chair Gensler files an amicus brief arguing the CFTC lacks authority to regulate sports-related prediction markets
Gary Gensler, the former chairman of both the SEC and CFTC, has filed an amicus brief with the Sixth Circuit Court of Appeals arguing that federal law does not grant the CFTC authority over sports-related prediction markets. Gensler, who needs no introduction to anyone with expos...
Cryptopolitan
Predictive Markets: Gary Gensler Supports States Against the CFTC
Predictive markets blur the lines between financial innovation and state regulation. Gary Gensler, former head of the SEC and the CFTC, has just taken a stand in a debate that could redefine the rules of the game in the United States. A conflict with huge stakes. Read us on Googl...
Cointribune
Federated Hermes launches money market fund for GENIUS Act stablecoin reserves
Federated Hermes has launched a new money market fund designed for stablecoin reserve management, introducing a product that can be used by payment stablecoin issuers operating under the GENIUS Act framework. According to a July 10 announcement, the newly introduced…
crypto.news
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Bullish/Bearish Forum Sentiment
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