1h ago
Kalshi and Polymarket in early talks to raise funds at $20 billion valuations, twice their late-2025 rounds
Prediction market operators Kalshi and Polymarket are in preliminary discussions with investors about fundraises that would value each firm near $20 billion, roughly double their most recent rounds in late 2025. The push for higher valuations follows a surge in trading activity and revenue but coincides with intensifying scrutiny from U.S. lawmakers and regulators over contracts tied to geopolitical and government actions.
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1h ago
1h ago
Kalshi faces class action over Khamenei leadership market and death carveout rules
A class action suit has been brought against prediction market platform Kalshi, accusing it of failing to clearly disclose a "death carveout" in its "Ali Khamenei out as Supreme Leader" market and of not paying out winning positions. The plaintiffs argue the carveout policy was missing from the user-facing rules summary and say Kalshi's reimbursement based on the last traded price lacked transparent timing details. Kalshi co-founder Tarek Mansour counters that the firm was following its long-standing policy against death-linked markets and reimbursed all users from its own funds.
1h ago
1h ago
Bitcoin Price Outlook: BTC Needs Break Above Key Resistance Zone to Validate Sustained Rally
Bitcoin's price is attempting to stabilize above the $60,000 support after a sharp correction, yet it still trades below the 100-day and 200-day moving averages and a descending trendline. BTC has rebounded toward $68,000 within a rising channel, facing resistance between $72,000 and $80,000 while on-chain NUPL hovers near 0.20, indicating a major reset in unrealized profits. A decisive move above the upper channel and higher resistance zones is required to signal a more durable bullish phase rather than a short-lived recovery.
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BTC
BTC-1.40%
1h ago
1h ago
PEPE price under pressure near $0.00000336 as memecoin sector lags and shorts pile up
According to CoinMarketCap and Glassnode, the memecoin market cap has fallen 48% over the past year and 6.9% over the past month, while PEPE remains notably weak. PEPE is trading below the $0.00000342 support with bearish short- and long-term charts, and large overhead short liquidation levels suggest a possible short squeeze if prices reverse. However, with Bitcoin recently dropping below $70k and at risk of testing the $63k–$65k region or lower, traders are urged to be patient.
PEPE
PEPE-2.98%
1h ago
2h ago
U.S. Bitcoin Spot ETFs See $349M Daily Outflow As Whales Sell And Retail Buys Around $68,000
Spot Bitcoin ETFs in the US saw about $349 million in outflows on Friday across all 11 funds, while Bitcoin pulled back toward $68,000 after briefly reaching $74,000 earlier in the week. On-chain data shows large holders who accumulated between late February and early March have sold most of those coins into the rally, even as smaller wallets increased their positions during the dip. Sentiment gauges and analyst models now point to either further downside if key support fails or a potential floor forming near $60,000.
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BTC
BTC-1.40%
2h ago
2h ago
Iran's $7.8 Billion Crypto Network, IRGC Flows and U.S. Sanctions Shift in 2025-2026
On 7 March 2026, analysis showed Iran had built a roughly $7.8 billion crypto market in 2025, with wallets linked to the IRGC responsible for more than half of Q4 inflows. After U.S.-Israeli strikes on 28 February 2026, outflows from Iranian exchanges jumped 700% within minutes, while U.S. authorities moved from targeting single wallets to sanctioning entire platforms. Ordinary Iranians, facing 40–50% inflation and a weakening rial, increasingly turned to Bitcoin and stablecoins, even as domestic regulators ordered exchanges to halt certain USDT-rial trades.
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BTC
BTC-1.40%
2h ago
2h ago
US Federal Court in New York Dismisses Anti-Terrorism Act Lawsuit Against Binance
On March 7, Binance stated that a US Federal Court in the Southern District of New York had thrown out all Anti-Terrorism Act claims filed against the exchange and its former CEO Changpeng Zhao by 535 plaintiffs. The court's 62-page ruling found that the plaintiffs failed to substantiate their core allegations that Binance aided terrorist attacks, and the company's General Counsel Eleanor Hughes called the decision a complete vindication while noting plaintiffs have 60 days to amend their complaint.
BNB
BNB-1.69%
2h ago