NEWS
Bitcoin Under Pressure Following Trump, Warsh Comments
Key takeaways: Bitcoin remains under pressure from $2.1 billion in ETF outflows in June and an ongoing discount relative to global Bitcoin/USDT pairs. Strategy’s STRC…
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Psychologists Say Patients Are Bringing AI Into Therapy Sessions: Survey
In brief More than three-quarters of psychologists surveyed said patients have discussed using AI for mental health support, diagnosis, or companionship. Thirty-five percent of patients…
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Michigan Federal Judge Rules Sports Prediction Markets Are Not Under CFTC Purview
In brief A Michigan federal judge ruled sports prediction markets are not CFTC-regulated swaps, siding with state regulators over Polymarket. The court denied Polymarket’s bid…
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Organizations Urge Congress to Ban Sports Betting on Prediction Markets in CLARITY Act
Several national gaming and tribal organizations and labor groups have reportedly called on the US Senate to add language “that explicitly prohibits event contracts tied…
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SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit?
In brief SpaceX’s stock surge following last week’s IPO could benefit FTX creditors, as the defunct crypto exchange took a stake before its collapse. Some…
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Kentucky targets prediction markets, puts red state in potential clash with Trump team
“This action runs counter to the CFTC’s established framework for regulating prediction markets,” the spokesperson said in a statement emailed to CoinDesk. So far, the…
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Crypto-Backed GOP Candidate Wins Alabama Senate Runoff with June Primaries Looming
More than $12 million in crypto-aligned political action committee (PAC) media buys helped propel Barry Moore to victory in Tuesday’s Alabama Republican US Senate runoff…
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Fidelity joins Wall Street’s race to manage stablecoin reserves
The GENIUS Act, signed into law last year, established the first federal framework for payment stablecoins in the United States. Among other requirements, issuers must…
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Are Spot Buyers Coming Back?
Bitcoin’s (BTC) latest bout of panic selling produced significantly smaller realized losses than those seen during the February correction. Realized losses peaked at $1.4 billion…
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Nvidia Built Robots That Train Themselves Using AI Coding Agents
In brief Nvidia, Carnegie Mellon, and UC Berkeley have released ENPIRE, a framework that lets AI coding agents run the full loop of teaching robots…
