WorldPingMorning Minute: The CFTC Bails Out Kalshi in NY
The CFTC keeps going to bat for Kalshi while the ultimate prediction market court battle looms, with the fate of the sector in the balance.
Brief by WorldPing · Original reporting by Decrypt
WorldPingStrategy dumped $108M in BTC at a loss and a whopping $650M of MSTR stock, and yet MSTR stock barely flinched. What gives?
This is a short WorldPing brief. The full report was published by Decrypt.
Read the full report at Decrypt
WorldPingThe CFTC keeps going to bat for Kalshi while the ultimate prediction market court battle looms, with the fate of the sector in the balance.
Brief by WorldPing · Original reporting by Decrypt
WorldPingStrategy CEO Phong Le says the bitcoin treasury company will resume accumulating bitcoin later this year, even after selling four times since May.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingU.S. inflation cooled for a second straight month in July, another sign that spring’s energy-driven price shock is fading even as inflation remains stubbornly above the Federal Reserve’s 2% target. The U.S. Consumer Price Index (CPI) rose 0.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin fell under $64,000 after July CPI matched forecasts at 3.4%, with analysts saying the in-line print keeps the Fed patient.
Brief by WorldPing · Original reporting by The Block
WorldPingFive years after El Salvador made Bitcoin legal tender, the experiment has fallen short of its original promises for locals, but it’s been great for Bitcoin’s global profile.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingIf an institution qualifies to participate in America’s banking system, it should have a clear path to America’s payment system, argues Anchorage Digital's Rachel Anderika.
Brief by WorldPing · Original reporting by CoinDesk