CryptoNews

Traders Bet $16.4M on Bitcoin Staying Below $75K Through June — Here’s the Full Breakdown

Across Polymarket and Kalshi, traders have deployed more than $78 million in bitcoin price prediction bets for 2026, and the collective signal is clear: the crowd is not expecting a breakout. Key Takeaways Polymarket’s $42.7M bitcoin 2026 market gives just 19% odds to a $100K price, with 53% betting on a sub-$50K dip. Kalshi traders set a $66K year-end forecast on $25.8M in volume, with the…
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CryptoNews

Millions Recovered in Crypto as $100M Fraud Scheme Falls Apart

A federal fraud case led to major crypto seizures after prosecutors said nearly $100 million moved through bank accounts and exchanges. Authorities seized some $7.1 million from digital wallets tied to the scheme, while prosecutors separately seek $24,707,031 in restitution. Key Takeaways Authorities seized $7.1 million from cryptocurrency wallets connected to the fraud scheme. Nearly $100…
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CryptoNews

Ripple and Bitso Expand Stablecoin Settlement on XRP Ledger

Ripple and Bitso are expanding stablecoin settlement on the XRP Ledger, bringing MXNB and RLUSD into Ripple’s enterprise payments infrastructure. The effort focuses on the U.S.-Mexico corridor and aims to support regulated dollar-peso liquidity for institutions. Key…
CryptoNews

Tesla–SpaceX Merger? ‘Big Short’ Investor Steve Eisman Says He Wouldn’t Doubt It

Big Short investor Steve Eisman said he would not be surprised by a Tesla-SpaceX deal, fueling speculation about Elon Musk’s next major move. The comments come as SpaceX IPO demand reportedly tops $250 billion. Key Takeaways Big Short investor Steve Eisman said a SpaceX-Tesla deal is plausible but unattractive for SpaceX investors. SpaceX IPO demand reportedly reached $250 billion, intensifying…
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CryptoNews

Tim Draper Says Quantum Will Crack Banks Before Bitcoin

Tim Draper argued bitcoin faces less quantum risk than banks, comparing its security to Fort Knox. His comments shifted attention from blockchain vulnerabilities to legacy financial systems, as debate grows over quantum computing threat to modern cryptography. Key…
CryptoNews

61 Crypto Leaders Urge Senate to Pass CLARITY Act With Developer Protections

A coalition of 61 industry leaders, founders, and investors is urging Senate leaders to pass the CLARITY Act while preserving key developer protections. The push follows Senate Banking Committee approval of the Blockchain Regulatory Certainty Act (BRCA) that would clarify rules for developers and service providers. Key Takeaways 61 crypto leaders urged senators to preserve developer protections…
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