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Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wave of Wall Street companies looking for a way to serve the fast-growing sector. Led by Paradigm partner Arjun Balaji, the prediction market offering will cater to professional traders and market makers, Fortune said in a report on Wednesday, citing sources that said they started working on the project in late 2025. Paradigm is also considering rolling out an internal market-making desk — an in-house team that provides liquidity by placing buy and sell orders — for prediction markets.One of the sources told Fortune that Paradigm…

Breaking Signal·Market Impact: Low MemeCore (M) jumped 6.34% to $2.49, topping the 24-hour gainers list, according to CoinGecko data. The meme token’s market cap reached $4.36B as it outpaced peers including Algorand and Bittensor. Algorand (ALGO) and JUST (JST) followed on the winners board, while Provenance Blockchain (HASH) fell 8.44% to $0.0104 to lead decliners. Stable (STABLE), Rain (RAIN), Solana (SOL), and Ethena (ENA) rounded out the session’s biggest losers. Top Gainers MemeCore (M) rose 6.34% to $2.49. Its market capitalization stands at $4.36B, the largest among today’s five gainers. M trades as a meme-focused token. The advance put it…

A Polymarket trader turned $676 into $67,608 on Saturday by capitalizing on a rare mistake during a UFC heavyweight bout, where the wrong fighter was initially announced as the winner. The trader, known as LlamaEnjoyer on Polymarket and Verrissimus on X, watched the live fight between Tyrell Fortune and Marcin Tybura and suspected that a mistake may have been made when UFC presenter Bruce Buffer announced Tybura as the winner.During that time, Polymarket shares for Fortune fell to one cent, and LlamaEnjoyer was able to place the $676 bet moments before Buffer corrected himself and declared Fortune the winner. LlamaEnjoyer profited roughly…

The bitcoin BTC$67,301.96 market has been stuck in a rut for over a month, and investors chasing yields may be partly to blame.Since mid-February, BTC has traded in a range centred on $70,000. Some observers say counteracting forces have been at play. The Iran war-led haven demand has been supporting BTC around $65,000, while rising U.S. Treasury yields have been holding back big gains beyond $75,000.But another factor appears to have been quietly keeping bitcoin trapped in its range, and it’s tied to investors using call options to generate additional yield on top of their spot market holdings.”Throughout Q1, institutional…

OKX’s X Layer is the 21st blockchain to integrate Aave, which recently surpassed the $1 trillion mark in cumulative lending volume.Aave, the largest decentralized lending protocol with $23.5 billion in total value locked, has launched on X Layer, an Ethereum layer-2 blockchain launched by crypto trading platform OKX. It marks a significant milestone for X Layer, a blockchain with just $25 million in total value locked, which launched in 2024. The integration would allow OKX Wallet and X Layer users to lend, borrow and earn yield without needing to bridge out to another chain. “This is a very versatile expansion of our…

The war just got bigger. Bitcoin briefly got smaller.Bitcoin dipped to $65,112 early Monday morning, its lowest level since the February crash, before recovering to $67,402 as Asian markets opened. The 24-hour range of $65,112 to $67,389 reflects a market that sold hard on overnight escalation headlines and found buyers near $65,000, a level that hasn’t been tested since the war’s opening weekend five weeks ago.Ethereum recovered 2% to $2,044, Solana gained 0.9% to $83.48, and XRP added 1.4% to $1.35. The 24-hour green across the board masks a rougher weekly picture though. BTC is still down 1% on the…

Bitcoin price failed to stay above $68,800 and declined further. BTC is now consolidating below $68,000 and might continue to move down. Bitcoin started a fresh decline from well above the $70,500 zone. The price is trading below $68,800 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,000 and $68,800 levels. Bitcoin Price Extends Losses Bitcoin price failed to continue higher above $71,200 and reacted to the…

The SEC fined Nvidia $5.5M for not disclosing how crypto mining affected its revenue, forming part of the backdrop to the class action. A U.S. district court has allowed a class action lawsuit against Nvidia and CEO Jensen Huang to proceed following investor claims that over $1 billion of the company’s crypto revenue was actually hidden in its gaming offering. The tech giant also failed to prove that its statements on crypto mining revenue did not affect the firm’s stock price. False Statements A Wednesday filing suggests that during the 2017-2018 crypto boom, Nvidia misled investors by having them believe…

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…