World Cup prediction markets top $2B
Crypto prediction markets have surpassed $2 billion in bets on the winner of the 2026 FIFA World Cup, making it the largest single prediction market event in the industry's history.
Crypto prediction markets have surpassed $2 billion in bets on the winner of the 2026 FIFA World Cup, making it the largest single prediction market event in the industry's history.
Franklin Templeton and BNP Paribas executives say tokenised assets and stablecoins could improve capital efficiency and liquidity across Europe's financial markets as institutional adoption of blockchain technology accelerates.
A bipartisan group of US lawmakers has introduced legislation that would create a federal task force to coordinate investigations into cryptocurrency theft, fraud and hacking incidents.
SpaceX has priced its initial public offering at $135 per share, raising $75 billion in the largest IPO on record and valuing the company at approximately $1.8 trillion.
DBS Bank will offer tokenised gold trading to retail customers from the second half of 2026, broadening access to physical gold investments through blockchain technology.
The 2026 FIFA World Cup could become a major catalyst for prediction markets, with Coinbase and Robinhood positioned to benefit from billions of dollars in new trading activity, according to Bernstein.
On this week's "The Debrief with Mario Parker," Mario breaks down how the relationship between President Donald Trump and Elon Musk has evolved. Earlier this month Trump said Musk is "a friend of mine again." Mario also talks about how some members of the Trump administration stand to gain financially from the SpaceX IPO. He reports on "Balance of Power."
Digital Asset has raised $355 million in a funding round led by Andreessen Horowitz's crypto arm, strengthening its position as a key provider of blockchain infrastructure for traditional financial institutions.
Japan's Lower House has reportedly passed legislation that would bring cryptocurrency assets under the country's financial instruments framework, potentially opening the door to crypto exchange-traded funds and lower tax rates for investors.
Hungary's government plans to reverse restrictive cryptocurrency trading rules that exposed users and service providers to potential prison sentences for transactions conducted without approved validation.
Bitcoin surged to a multi-day high of $63,700 while oil prices tumbled below $87 after US President Donald Trump announced that planned military strikes against Iran had been cancelled.
The US Treasury Department has sanctioned nine individuals and entities allegedly involved in Iranian weapons procurement networks, extending its broader crackdown on financial channels that have included cryptocurrency-linked operations.