Author: Benjamin Lee
The crypto-based prediction market Polymarket is going to battle against the state of Massachusetts. Polymarket’s chief legal officer, Neal Kumar, says the firm has filed a federal lawsuit against the state, highlighting jurisdictional questions about event contracts. “Congress gave the CFTC, not states, exclusive authority over event contracts. These are national markets with critical questions that must be resolved in federal court. Racing to state court to try to shut down Polymarket US and other prediction markets doesn’t change federal law — and states like MA and NV that have done so will miss an amazing opportunity to help build…
An analyst known for making timely crypto calls believes one Ethereum (ETH) rival is now forming a market bottom. Pseudonymous analyst Bluntz tells his 337,200 followers on X that Solana (SOL) is likely completing a three-wave correction and could soon enter a long-term bullish phase. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally after going through an the ABC correction. “Anybody who’s not a tourist and has actually witnessed multiple cycles knows this is an amazing long-term SOL entry. For the record, the reason I’m bull-posting SOL more than anything…
The crypto wallet provider MetaMask has taken the top spot in Santiment’s latest rankings for overall development activity, according to new data from the blockchain analytics firm. In a new post on X, Santiment shared its most recent list of crypto projects with the highest level of notable GitHub development over the past 30 days, tracking changes in rankings compared to the previous month. [adinserter block=”1″] “Here are crypto’s top overall coins by notable development activity the past 30 days. Directional indicators represent each project’s rank rise or fall since last month.” Source: Santiment/X According to the rankings, MetaMask placed…
Institutional investors just bought an overall total of $2.17 billion in Bitcoin and crypto assets in only one week, according to a new update from Coinshares. The inflows are the largest weekly total since October of 2025. [adinserter block=”1″] Bitcoin dominated with $1.55 billion in inflows last week. Ethereum followed at $496 million, despite U.S. Senate proposals under the CLARITY Act that could limit stablecoin yields. XRP attracted $69.5 million and other altcoins saw strong interest too, with Solana at $45.5 million, Sui at $5.7 million, LIDO at $3.7 million and Hedera at $2.6 million. Blockchain equities added $72.6 million.…
The chief investment officer at a digital asset investment firm is raising new questions over the future of crypto for one key reason. Arca CIO Jeff Dorman says he believes Bitcoin (BTC) and many other digital assets are unlikely to see values increase from the explosion in the tokenization of assets. [adinserter block=”1″] Dorman warns there may only be a few beneficiaries from the latest big trend in blockchain use cases such as the New York Stock Exchange (NYSE) plan to launch a tokenized securities platform for 24/7 trading and stablecoin-based funding. Says Dorman, “Crypto really in an existential crisis…
Traders using leverage to bet on a Bitcoin and crypto price rebound are getting wrecked. In the last 24 hours, $704 million in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass. The vast majority hit traders going long, with $556 million in longs liquidated, and $157 million in shorts liquidated. Ethereum long liquidations led the way at $204 million, followed by Bitcoin long liquidations at $196 million. Sentiment among crypto investors is once again in extreme fear, with seasoned trader Peter Brand predicting a further BTC decline to between $58,000 and $62,000. The pseudonymous analyst…
Institutional investors just sold an overall total of $1.7 billion in Bitcoin and crypto assets in only one week, according to a new update from Coinshares. The outflows are essentially equal to the previous week, reversing year-to-date inflows to a net outflow of $1 billion. Assets under management have fallen $73 billion since October 2025 highs. CoinShares says sentiment worsened from whale selling linked to the four-year cycle, geopolitical volatility and questions about the future of the Federal Reserve. Regionally, the US led with $1.65 billion in outflows. Canada followed at $37.3 million, and Sweden at $18.9 million. Switzerland saw…
While the vast majority of the crypto sector plunged in value over the weekend, one top-20 altcoin resisted the bleeding and witnessed massive gains. HYPE, the native asset of the decentralized exchange (DEX) Hyperliquid, has skyrocketed by more than 40% in the past seven days. The overall crypto market cap, by comparison, dropped nearly 9% over the same time period, per data from CoinGecko. HYPE’s hot streak continued on Monday, with the 20th-ranked crypto asset by market cap up more than 13% at time of writing. Some of those recent gains materialized after Hyperliquid announced on Monday that its trading…
The layer-1 blockchain Hedera (HBAR) has taken the top spot in crypto’s real-world asset (RWA) sector for recent development activity, according to new data from analytics firm Santiment. Santiment is sharing its latest RWA development rankings, which track notable GitHub activity over the past 30 days. Hedera ranked first, overtaking other major projects in the sector. “Here are crypto’s top Real World Assets (RWA’s) by development. Directional indicators represent each project’s ranking rise or fall since last month:” Source: Sanitment/X Blockchain oracle Chainlink (LINK) placed second on the list, followed by Ethereum (ETH) layer-1 rival Avalanche (AVAX) in third and…
The home goods chain Bed Bath & Beyond says it’s working to create a future where assets like real estate can be bought using digital tokens. The company says it just bought Tokens.com in a move to build a unified gateway for real estate finance and tokenized asset liquidity. The platform is designed to offer a one-stop solution allowing users to tokenize public and private securities, access cryptocurrencies including stablecoins and manage assets with consolidated views of values and liquidity options. The company says it plans to integrate Tokens.com with its blockchain and financial tech businesses, bridging traditional investing and…