Gemini's prediction market shows that prediction market adoption is growing as CFTC’s Michael Selig said this week that it won't sit still as states are filing lawsuits on prediction markets.
Analysts are taking notice of Bitcoin after Ethereum's accumulation patterns where Tom Lee noted that Ethereum has repeatedly recovered in a V-shape after significant declines.
Senator Elizabeth Warren named the Binance co-founder alongside Strategy’s Michael Saylor, Coinbase CEO Brian Armstrong and President Donald Trump in her list of “crypto billionaires” that should not be bailed out amid Bitcoin’s downturn.
White House Crypto Council Executive Director Patrick Witt reportedly introduced a draft text that stated restrictions on stablecoin rewards would be “narrow in scope.”
CryptoQuant noted that retail capitulation at this scale has historically appeared during late-stage corrections, though it does not necessarily signal an immediate rebound.
In a post on X, the BitMEX co-founder suggested that Blue Owl's halt of redemptions for retail investors is a sign of a growing liquidity crunch in markets.
The White House is reportedly set to host a third round of crypto discussions on Thursday morning aimed at resolving outstanding disputes over the market structure bill tied to the CLARITY Act.
The overall cryptocurrency market fell 1.5% in the last 24 hours to $2.3 trillion and data showed around $223 million in liquidations over the past day.
Solomon was speaking at the World Liberty Forum at Mar-a-Lago in Florida, where he revealed his investment in bitcoin, according to a report from Business Insider.
Aurelie Barthere, principal research analyst at Nansen, said the advancement of the CLARITY Act may provide a temporary push, but it won’t last unless there’s a broader uptick in sentiment.
Analyst Willy Woo said macro bottoms often followed repeated volatility spikes and retail capitulation, suggesting any near-term bounce could be temporary.
