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Kalshi and Polymarket lost bids to block gambling cases in Nevada and Washington. Summary A Ninth Circuit panel denied emergency motions from both platforms to halt state-level gambling enforcement actions. The judges ruled that federal derivatives oversight does not automatically shield prediction markets from state gaming laws. The decision deepens a growing legal split over

Speculators are doing something they rarely get credit for: exercising restraint. The CFTC’s latest Commitments of Traders report, covering positions as of May 19, 2026, shows non-commercial traders reducing exposure across US Treasury futures, S&P 500 index futures, and major currency pairs. The overall pattern is one of de-risking. Traders aren’t just cutting longs or

A crypto expert has shared her macro prediction for Ethereum (ETH), warning of an imminent price crash that could see the second-largest cryptocurrency plummet to as low as $800, or even $400 per coin. While this would represent a massive bearish move given ETH’s current price, the analyst argues that such a decline is important

Key points: Bitcoin has dipped below $77,000, signaling that the bears are poised to seize control. Altcoins are a mixed bag, with some attempting to push through the overhead resistance while others struggle to hold on to the support. Bitcoin ( BTC ) has dipped below $77,000, indicating that the bears are attempting to seize

Blockchain.com Group Holdings, Inc. today announced it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) related to the proposed initial public offering of its Class A ordinary shares. The number of shares to be offered and the price range for the proposed offering have

Add ZyCrypto News On Google Institutional demand for Ethereum continues to go through the roof with Wall Street’s largest banks making notable moves meant to broaden their scope. According to blockchain analytics platform Wu Blockchain, a recently released Q1 2026 13F filing with the U.S. Securities and Exchange Commission (SEC) shows that Wells Fargo was

Kraken has launched AVAX staking for eligible users globally, offering up to 10% APY on bonded positions. Summary Kraken launched AVAX staking on May 21 with three options: Bonded Staking up to 10% APY, plus Auto Earn and Flexible Staking each at up to 3.5% APY. The 10% bonded rate is promotional and will drop

Arthur Hayes has a theory about AI, and it doesn’t involve robots taking over the world. It involves something arguably scarier: robots taking your mortgage payment. The BitMEX co-founder and CIO of Maelstrom published an essay titled “This Is Fine” on February 18, laying out a scenario where rapid AI adoption triggers a wave of

XRP is struggling below $1.40 as selling pressure keeps the price pinned in a range that has frustrated bulls for weeks without delivering the breakout that the recovery narrative requires. The market is cautious — but a CryptoQuant analysis tracking exchange-level flow data has identified a behavioral divergence between two of the world’s largest crypto

A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and Economic Planning Committee to review objections to the new tax regime. The 22% tax, set to take effect in January 2027, imposes financial and reporting “burdens” on investors, while also limiting