Senate bans members from prediction markets as insider trading scrutiny grows

The US Senate unanimously passed a rule Thursday barring senators and staff from trading on prediction markets, as lawmakers move to limit conflicts of interest in one of the fastest growing corners of financial speculation.  The ban takes effect immediately and targets platforms such as Kalshi and Polymarket, where traders can wager on political, geopolitical, sports, and economic outcomes. The measure follows rising concern that officials with access to sensitive information could use event contracts for personal gain.  The rule comes as prediction markets scale rapidly. Kalshi was valued at $22 billion in a recent funding round, while Polymarket has reportedly been in talks to raise $400 million at a valuation of about $15 billion.  Trading activity has also surged. Reuters estimated Kalshi and Polymarket could handle $96 billion and $84 billion in 2026 trading volume, respectively, showing how quickly the sector has moved from niche betting venue to mainstream market infrastructure.  The Senate vote followed several enforcement flashpoints. On April 22, Kalshi said it suspended and fined one Senate candidate and two House candidates for trading on their own races.  A day later, US Army Special Forces soldier Master Sgt. Gannon Ken Van Dyke was arrested on charges that he used classified information to

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Dollar slides as Iran ceasefire unwinds safe‑haven trade

The dollar index is heading for its biggest monthly drop since June 2025 as U.S.–Iran ceasefire hopes unwind the war premium, even while oil and Fed bets keep it range‑bound.The dollar index is heading for its steepest monthly drop since June 2025 as traders unwind safe‑haven positions following a U.S.–Iran ceasefire agreement.Jinshi News reports the index fell about 1.8% in April, though a late rebound driven by higher oil prices and shifting Federal Reserve expectations has pared some losses.Manulife portfolio manager Nathan Tuft expects the greenback to decline from here but remain “range‑bound” as markets balance de-escalation in the Middle East with the prospect of tighter U.S. monetary policy in 2027.  The dollar is on track for its largest monthly decline since June of last year as hopes for a lasting U.S.–Iran ceasefire cool demand for the greenback as a crisis hedge. Data cited by the outlet show the dollar index falling roughly 1.8% in April, erasing the bulk of its war‑driven gains as traders step back from crowded safe‑haven positions built up during the first two months of the conflict.  The pullback follows an agreement earlier this month between Washington and Tehran that paused large‑scale strikes and opened the door to

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Yen Surges After Japan Steps In as Markets Face Pressure

Japans yen intervention lifts the currency, highlighting rising strain across global currency markets.Policy action supports the yen, but strong dollar dynamics limit lasting impact on currency trends.Macro pressure from yields and oil keeps markets cautious despite Japans currency intervention.  Japan intervened in the foreign-exchange market to support the yen, sending the currency up as much as 3% intraday, according to traders and local media. The yen strengthened to 155.57 per dollar, its strongest level since late February, before weakening to around 156.80 in New York trading.  The move followed official warnings against excessive currency volatility. Analyst Crypto Rover wrote on X, “THIS IS VERY BAD FOR MARKETS Japan has intervened to defend the yen.” He added, “Yields are at 27-year highs, oil is at $120, and inflation is rising.”  Yen Intervention Signals Policy Tension  As per Bloomberg, Japans currency chief Atsushi Mimura warned of potential action before the move, saying the timing for “bold steps is nearing.” He also described the warning to traders as the “final advisory if you want to escape.” Authorities remained in contact with U.S. counterparts under Group of Seven guidelines.  Traders linked the yens surge to intervention by the Ministry of Finance. Neil Jones said, “This was an alarm-bell moment,”

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DOGE Price Prediction: Bulls Push Toward $0.16 Despite Overbought Warning Signs

Market Context: Why DOGE is Moving Now  DOGE just clocked a solid 3.93% daily gain, pushing through $0.11 with conviction that‘s been building since the January consolidation phase ended. The meme coin king is finally showing signs of life after getting hammered from those mid-$0.15 highs back in mid-January. What’s driving this move isn‘t rocket science – it’s pure technical bounce combined with oversold relief that analysts at Blockchain.news have been tracking through the recent accumulation phase.  The $315 million in daily spot volume tells the real story here. That‘s institutional-grade flow for a meme coin, and it’s happening while DOGE sits well above all major moving averages except the 200-day at $0.13. This isn‘t retail FOMO yet – it’s smart money positioning ahead of the next leg.  Indicator Alignment  Here‘s where things get spicy. RSI at 70.44 is screaming overbought, but experienced traders know meme coins can stay overbought longer than shorts can stay solvent. The MACD histogram sitting at zero with both lines converging around 0.0023 shows momentum is flatlining right at this critical juncture. That’s not bearish – its consolidation before the next move.  The Bollinger Band position at 1.12 puts DOGE squarely at the upper band, which historically precedes either a

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April’s Crypto Carnage: North Korea Hit Twice And Snagged 76% Of 2026 Hack Value

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.  Ronaldos journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.  Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.  One of Ronaldos defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.  Ronaldo‘s commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others,

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Ethereum Price Prediction Hits $7,500: Standard Chartered Says 2026 Is ETH’s Year, But Pepeto Presale Offers Higher Potential

Ethereum  Ethereum Price Prediction Hits $7,500: Standard Chartered Says 2026 Is ETHs Year, But Pepeto Presale Offers Higher Potential  Ethereum price prediction from Standard Chartered just jumped to $7,500 for year end 2026, a number that caught even the bulls off guard. The banks analyst said this will be the year ETH takes back the market, and the data backs it: Glamsterdam targets a 78% gas fee cut by June, spot ETH ETFs just posted their strongest weekly inflows of 2026, and Citi holds $3,175 near term.  But even with $7,500 on the table, that is still a 3x move from 2,299 over eight months. A presale that keeps gaining attention across the market right now offers a path to returns that ETH at a $277 billion market cap will take years to match, and the numbers explain exactly why.  Standard Chartered Raises Ethereum Price Prediction to $7,500 and Declares 2026 the Year of ETH  Standard Chartered lifted its ethereum price prediction from $4,000 to $7,500, arguing that corporate treasury buyers and rising ETF demand will push ETH higher all year, according to The Block. Over half of all stablecoins run on Ethereum, and stablecoins already make up 40% of total blockchain fees.  ETH at 2,299

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CC Technical Analysis Apr 30

Tech  CC Technical Analysis Apr 30  CC is at a critical turning point in a squeezed market environment around 0.15 dollars; although it gives short-term uptrend signals, the bearish histogram in MACD and Supertrend resistance force investors to remain cautious.  Market Outlook and Current Situation  CC appears to be stabilized at the 0.15 dollar level with only a modest 0.07% increase over the last 24 hours. In the daily timeframe, the asset trading in a narrow range of 0.15 – 0.15 dollars continues to attract market attention with a volume of 13.26 million dollars. Although the overall trend is classified as upward, this inactivity may signal horizontal consolidation. The market is holding above the short-term EMA20, exhibiting bullish short-term momentum, but in a broader context, Bitcoin‘s sideways movement and general caution in altcoins limit CC’s breakout potential.  Multi-timeframe (MTF) analysis points to a total of 8 strong level confluences on the 1D, 3D, and 1W charts. In particular, the 1D timeframe highlights 3 support and 5 resistance levels, indicating the asset‘s vulnerability to volatility in the near term. Volume stability reflects sufficient liquidity buildup for a major breakout, but the lack of news flow keeps market participants on hold. You can check our platform for

05-01

SOL Price Prediction: $90 Target Within Two Weeks as Oversold Conditions Signal Reversal

SOLs Oversold Setup Builds Case for Reversal  Solana trades at $83.08, caught between exhausted sellers and cautious buyers after its brutal slide from December highs. The current positioning below key moving averages would normally spell trouble, but momentum indicators tell a different story—one where selling pressure has finally run its course.  The RSI reading of 44.65 sits in that sweet spot where oversold conditions are unwinding without triggering overbought alerts. Combined with the MACD histogram flatlining at zero, these signals suggest the relentless selling that crushed SOL from $140+ levels has lost steam. When momentum oscillators align like this near support levels, reversals often follow within days rather than weeks.  SOL‘s position within the Bollinger Bands adds weight to the reversal thesis. Trading at just 0.19 on the %B scale means the token is pressed against the lower band at $81.69—a zone that historically marks capitulation rather than continuation breakdowns. The Stochastic reading of 18.01 reinforces this oversold narrative, creating conditions that rarely persist in tokens with SOL’s trading volume.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full SOL price, calculator & analysis  Market Structure Points Higher  The derivatives landscape reveals a market positioned for upside

05-01

Meta Pays Facebook Creators in USDC for First Time

Meta has begun paying select creators in USDC stablecoin on Solana and Polygon via Stripe, marking Facebooks first crypto payout program four years after the company shut down its Libra project under regulatory pressure.Meta USDC creator payouts launched April 29 for select creators in Colombia and the Philippines, with eligible users able to link a MetaMask, Phantom, or Binance wallet and receive earnings in Circles USDC directly.Stripe handles the backend and provides tax reporting for the transactions. Meta emphasized it is not issuing its own stablecoin and is using Circles existing USDC, which has a market cap exceeding $77 billion.The move reverses Metas retreat from crypto payments: Libra was launched in 2019, rebranded as Diem, and shut down entirely in 2022 after regulators blocked every path to launch.  Meta USDC creator payouts went live on April 29 when the company quietly updated its support page to show that eligible creators in Colombia and the Philippines can now receive earnings in USDC on either Solana or Polygon. Yahoo Finance reported that Stripe, which acquired stablecoin infrastructure firm Bridge for $1.1 billion in late 2024, is the payments provider handling transactions and generating crypto-related tax documents for creators. Meta explicitly told reporters it

05-01

U.S. senators wont be weighing in on prediction markets bets after banning themselves

A U.S. Senate thats struggled to move crypto market structure legislation moved like lightning on Thursday to ban themselves from participating in prediction markets.  Acting on a simple, 14-line resolution pushed by Ohio Republican Senator Bernie Moreno, the Senate agreed unanimously to put a restriction between members and the increasingly popular, controversial betting platforms that have drawn scrutiny over insider-trading activity and fights over who has regulatory jurisdiction.  “United States Senators have no business engaging in speculative activities like prediction markets while collecting a taxpayer-funded paycheck, period,” said Senator Moreno in a Thursday statement. “Serving in Congress should never be about finding new ways to profit; it should be about delivering results for the American people.”  Effective immediately, the change to Senate rules now holds that senators cant enter “an agreement, contract, or transaction that provides for any purchase, sale, payment, or delivery that is dependent on the occurrence, nonoccurrence, or the extent of the occurrence of a specific event.”  Political betting has surged in popularity, and some candidates for office have already been penalized for wagering on their own races.  One of the leading platforms, Polymarket, posted on social media site X that the company is in “full support” of the Senate‘s action. Polymarket,

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