Democrats are hoping to re-engage crypto-aligned voters and donors following their landslide defeat in the 2024 U.S. presidential election by launching a new digital-asset fundraising platform. BlueVault, a crypto fundraising service for Democratic political committees, launched Monday, allowing campaigns to accept donations in Bitcoin and stablecoins. The launch reflects growing concern among Democrats that crypto-native
Gemhead Capital, a crypto-focused investment firm that backs early-stage and growth-stage Web3 projects, has $500K in Quantra, a company building quantum-safe and decentralized compute infrastructure for blockchain networks. The hidden purpose of this huge investment is to unveil a new era of real-world assets (RWAs), decentralized finance (DeFi), and artificial intelligence (AI). 📢 We are
Credit rating company Fitch Ratings has flagged a high degree of risk associated with Bitcoin-backed securities, a warning that could complicate the expansion of crypto-linked credit products among institutional investors. In a Monday assessment, Fitch said Bitcoin-backed securities, financial instruments typically structured by pooling Bitcoin (BTC) or Bitcoin-linked assets and issuing debt against that collateral,
WASHINGTON, D.C. – March 2025: Prediction market platform Kalshi now assigns a 60% probability to the passage of a landmark bill that would ban stock trading by members of the U.S. Congress this year. This significant data point arrives amid heightened public scrutiny and a multi-year legislative push to address perceived conflicts of interest. The
Polymarket users placed 27 bets on the outcomes of the Golden Globe Awards, with 26 of them turning out to be correct. As the leading prediction market grows in popularity, so do concerns over insider trading. The partnership between Polymarket and the Golden Globes also raised questions about whether this will be the new normal
JPMorgan argued that the expectation of two 25 basis point interest rate cuts from the US Federal Reserve in 2026, as investors anticipated, will not materialize. The bank predicts that the Fed will keep interest rates stable throughout 2026, with the next move possibly being an interest rate increase in 2027. In a client note
Key Takeaways Bakkt, a digital asset infrastructure company, plans to acquire Distributed Technologies Research. The acquisition will proceed via an all-stock transaction wherein Bakkt will issue shares of Class A common stock to DTR shareholders. Crypto services company Bakkt is set to acquire stablecoin payments provider Distributed Technologies Research Ltd. (DTR) through an all-stock transaction,
Crypto custodian BitGo is looking to raise up to $201 million in its public market debut, setting a valuation of approximately $1.85 billion, the midpoint of its offering range. The Silicon Valley-based firm, whose services include self-custody wallets, regulated trust services and prime brokerage, said it plans to sell 11 million shares at $15 to
Key Takeaways Crypto exchange-traded products experienced $454 million in outflows last week. The outflows nearly counteracted the $1.5 billion inflows recorded earlier in the year, marking a significant change in market sentiment. Funds tied to XRP and Solana saw strong inflows last week despite a wave of outflows across crypto exchange-traded products, according to a