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Kalshi lawsuit accuses the prediction market platform of operating as an unlicensed sports bookmaker, deceiving users about its business practices and using market makers to disadvantage bettors. Filed by seven customers in New York, it claims violations of gambling laws and seeks class action status. Sports betting allegations: Plaintiffs argue Kalshi functions without required state […]
The Crypto Fear & Greed Index has shifted from extreme fear to a fear score of 28, signaling early recovery in market sentiment toward Bitcoin after 18 days of bearish lows. The index, after hitting extreme fear levels for most of November, now indicates improving investor confidence in cryptocurrencies. Bitcoin’s price recovery to nearly $92,000 […]
Canada’s Q3 2025 GDP growth reached 2.6% annualized, driven by surging crude oil exports and higher government spending, helping avert a technical recession despite weaker business investments and household spending. Key drivers of growth: Exports of crude oil and bitumen rose 6.7%, boosting corporate income and overall activity. Government capital investments increased 2.9%, including spending […]
Solana price action shows SOL testing a key pennant resistance at $142, with ETF inflows and open interest surging, signaling potential for a breakout to $170 if momentum holds. Institutional interest is returning, supported by a 10% rise in open interest to $3 billion and trading volume up $7 billion to $48 billion. SOL’s pennant […]
Bitcoin’s rally may be imminent as it holds steady above $91,000, with a near-oversold 10-day Stochastic RSI signaling potential bullish crossovers, increased accumulation by holders, and a key breakout level at $93,224 that could drive prices higher. Near-oversold 10-day Stochastic RSI often precedes relief rallies in Bitcoin’s price action. Accumulation trends are strengthening among large, […]
The European Central Bank (ECB) maintains its interest rates at appropriate levels amid stable inflation around 2% and resilient eurozone growth, according to ECB President Christine Lagarde. Officials expect no changes at the December meeting unless new forecasts indicate otherwise. ECB rates remain steady at 2% as ideal for current economic conditions. Inflation is holding […]
Japan’s Financial Services Agency is proposing to reclassify crypto assets as financial products under the Financial Instruments and Exchange Act to enhance investor protection. This shift addresses rising complaints, fraud, and crypto account growth to 13 million. A flat 20% tax on gains aims to align crypto with stock trading rules. Regulatory Shift: Moving crypto […]
Solana has broken out of its November downtrend, with buyers successfully holding support above the retest zone, signaling a potential shift to upward momentum. Strong ecosystem metrics, including high TVL and user activity, combined with dominance in tokenized assets up to 99% market share, underscore SOL’s resilience and growth potential. SOL confirms a major trendline […]
Ethereum’s gas limit has recently increased from 45 million to 60 million, with experts like Anthony Sassano predicting at least a threefold rise to 180 million by next year, and possibly fivefold, to enhance network capacity and support more transactions efficiently. Ethereum gas limit increase: Recent jump to 60 million marks a 33% boost, enabling […]