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Tech-focused asset manager ARK Invest said it will start using Kalshi’s prediction market data to improve how it makes its investment decisions, one of the latest cases demonstrating the broader value of prediction market data beyond trading.According to a statement from Kalshi, ARK will use prediction market data to gauge real-time expectations and guide its existing market-based research, in addition to analyzing performance indicators such as trading volume, regulatory approvals and technological milestones. ARK will also use the data for risk management and hedging strategies.“Bringing prediction markets into institutional workflows is a natural next step for innovation in financial research,”…
David Sacks is stepping down as the US’s crypto and AI czar.As a special government employee, his position only lasted 130 days.He will still be assisting the administration’s technology ambitions in other ways.One of the primary architects of America’s pro-crypto pivot under US President Donald Trump is entering a new role. David Sacks, the prominent venture capitalist, is stepping down as the administration’s so-called crypto and AI czar. The role never existed before, and was designated as a special government employee.SGE’s are only expected to perform temporary duties for the legislative or executive branch for no more than 130 days…
US lawmakers have introduced a second bill this week aimed at curbing prediction market insider trading by government officials, amid growing concerns over such activity on major platforms such as Kalshi and Polymarket.In an announcement on Thursday, US lawmakers Todd Young, Elissa Slotkin, John Curtis and Adam Schiff unveiled the bipartisan Public Integrity in Financial Prediction Markets Act of 2026.”No one should be profiting off the information and knowledge gained as a public servant, period,” Slotkin said, adding: “This bill is an important first step in placing common sense rules around prediction markets, and it has real teeth to ensure…
Simon Gerovich has been officially confirmed as a speaker at Bitcoin 2026. As Chief Executive Officer (CEO) of Tokyo Stock Exchange-listed Metaplanet, he has helped transform the once struggling hospitality company into one of the largest corporate Bitcoin holders in the world. Now, Gerovich arrives in Las Vegas as one of the most closely watched figures in institutional Bitcoin adoption outside of the United States. Metaplanet closed 2025 with 35,102 BTC, making it the fourth-largest public corporate Bitcoin holder globally. The company has outlined aggressive accumulation targets, aiming to reach 100,000 BTC by the end of 2026 and 210,000 BTC…
Three years later, Bo Shen has opened a recovery hunt, inviting anyone to help trace stolen funds. Bo Shen, co-founder of Fenbushi Capital, has renewed efforts to recover roughly $42 million in digital assets stolen from his personal wallet in a November 2022 hack. This time, he is using a public appeal to mobilize the broader crypto community. At that time, blockchain security firm Beosin confirmed the incident and said the breach likely stemmed from a private key compromise, which allowed the attacker to gain control of the wallet and transfer all funds to two Ethereum addresses. Open Bounty for…
Bitcoin’s market structure is showing a split signal: institutional demand through ETFs is accelerating, while short-term holders are still selling into exchanges at a loss. That divergence is helping explain why BTC has held up near the $70,000 area even as retail stress remains visible in on-chain data. In his latest Morning Brief, Axel Adler Jr. said US spot Bitcoin ETFs absorbed 62,986 BTC over the past 30 days, equal to $11.3 billion in net inflows between February 24 and March 25. Over that stretch, cumulative ETF holdings rose to 1,326,874 BTC. The pace of buying also picked up materially.…
Active XRP addresses dropped over 40% in four days. XRP price remains stuck between a tight trading range. Retail holders have grown, but overall network activity is slowing. XRP has entered a tight and uncertain phase after a brief rally following an announcement by US President Donald Trump that the United States will pause strikes on energy and power installations in Iran after the expiry of the 48-hour ultimatum on opening the Strait of Hormuz. BREAKING PRESIDENT TRUMP: 🇺🇸🇮🇷 We had very good and productive conversations regarding a complete and total resolution of hostilities in the Middle East. Military strikes…
The once-touted “Ethereum killer” is in extreme pain, wallowing in the depths of a bear market, but a bottom may be finally forming, say analysts. Cardano is showing classic bottom indicators with active wallets down 43% on their investments over the past year, and ADA dropping over 70% since September, said Santiment on Tuesday. However, this extreme negative MVRV value (market value to realized value ratio) is generally an indicator of ADA being in an “opportunity” or “buy zone,” they added. “In a zero-sum game, when average returns are severely negative, this is an indication of a looming turnaround with…
The largest Ethereum treasury company added another 65,341 ETH last week.Bitmine Immersion Technologies, the publicly traded company pursuing what it calls the ‘Alchemy of 5%’ of Ethereum’s total supply, said its combined crypto and cash holdings have reached $11 billion as it ramps up purchases amid the U.S.-Iran conflict.Chairman Thomas Lee framed ETH’s recent performance as evidence of crypto’s resilience during geopolitical turmoil. He noted that ETH has risen 18% since the Iran war commenced, outperforming equities, while gold, a traditional safe-haven asset, has fallen by more than 15%.”Crypto is demonstrating itself to be a good ‘wartime’ store of value,”…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Senator Elizabeth Warren has formally pressed Beast Industries and YouTube star Jimmy Donaldson—known as MrBeast—for detailed information about the company’s recent acquisition of Step, a fintech app that offers banking services to teenagers and previously permitted minors to trade crypto. In a March 23 letter sent to Beast Industries CEO Jeff Housenbold and Donaldson, Warren warned that any expansion of financial services to young users, especially into decentralized finance (DeFi) or digital assets, must be handled with exceptional care and full compliance with legal protections. Warren Demands…
