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Nearly $100M Wagered on U.S. Presidential Election on Polymarket

Bettors on the crypto-based prediction market platform see a clear path to victory for Trump, and are bullish on ETH hitting an all-time high in 2024 – just not...
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U.S. President Again Proposes Crypto Mining Tax, ‘Wash Sale Rule’ for Digital Assets in New Budget

The 2025 budget proposal projects these taxes could generate $10 billion next year if taken up.
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Stablecoin Market Cap Hits $140B, Highest Since 2022 Amid USDC Resurgence, Tether Growth

Stablecoin supply is a "thermometer" for money flows entering the crypto market, one analyst noted.
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Bitcoin Bets Yield $207M in Gains For Jack Dorsey’s Block

Block, Inc. (SQ) stocks were up 13% in after-market trading hours.
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Virginia Proposes a Mere $17,192 a Year for New Blockchain and Cryptocurrency Commission

The money is set to cover the costs associated with having meetings including travel expenses.
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Gold Funds See Big Outflows Alongside Rush of Money Into Bitcoin ETFs

Whether the divergence means a migration from gold to bitcoin is a separate question.
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Robinhood’s Higher Crypto Revenue Could be Positive for Coinbase Earnings

The shares of the popular trading platform rose 15% after beating earnings and revenue estimates.
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Bitcoin Pushes Through $50K for First Time Since Late 2021

The world's largest crypto has now more than recovered since tumbling below $40,000 in the initial days following the opening of the spot ETFs.
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Digital Currency Group Reports Q4 Revenue of $210M, Up 59% Y/Y (Full Text)

Fourth quarter EBITDA was $99 million versus a loss of $7 million a year earlier.
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First Mover Americas: Bitcoin Seen Topping $50K This Weekend

The latest price moves in crypto markets in context for Feb. 9, 2024.
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