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A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling under state law. Judge Jason Woodbury said at a hearing in Carson City on Friday that he will grant a preliminary injunction requested by the Nevada Gaming Control Board, barring the

Prediction markets are pushing into Asia’s largest economies, even as local gambling laws place strict limits on betting activities. Asia represents a combination of scale, active retail participation and limited local alternatives, making it too large to ignore despite regulatory risks. That’s a similar pattern seen in crypto, where technology moved faster than regulation and

Key takeaways: Bitcoin hitting $72,000 would liquidate $2.5 billion in shorts, potentially crushing bears who are overleveraged. Iran's war and high oil prices currently pressure BTC, but a ceasefire or ETF inflows could spark a rapid recovery. $2.5 billion in shorts at risk if BTC hits $72,000 Bitcoin (BTC) has consistently failed to hit new

APIA, Samoa, April 2, 2026 /PRNewswire/ — Phemex, a user-first crypto exchange, announced the release of its April 2026 Proof of Reserves (PoR), reinforcing its commitment to transparency, asset backing, and user fund security. The latest report confirms that all user balances are fully backed, with a total reserve ratio of 131% across major assets.

Add ZyCrypto News On Google The CEO of ARK Invest, Cathie Wood, has stated that Bitcoin is now a proven asset and it won’t face an 85% price correction from its new All-time High (ATH) during this bear market. She gave these comments during a recent Squawk Box interview with CNBC. The statement comes as

A Nevada court has moved to keep Kalshi out of the state’s event-contract market while the legal fight continues.  Summary Nevada judge backed regulators and said Kalshi’s event contracts are no different from sports betting. The ruling extends Kalshi’s Nevada ban while the court reviews longer-term restrictions through April 17. The case deepens the clash

by Estefano Gomez · Just now ago President Trump has given Iran 48 hours to reach a deal, warning of severe consequences otherwise. The odds of a ceasefire by April 7 have dropped to 1% YES, down from 2% yesterday. Traders are reacting to the ultimatum by lowering immediate ceasefire odds. The April 7 market

Bitcoin traded within a range-bound spell throughout March, with prices briefly rallying to $75,000 before falling back within the boundaries of the $63,000-$71,000 range. However, despite this, Bitcoin price struggles within this consolidation phase; the underlying dynamics are telling an interesting story concerning who the current distributors of Bitcoin are. Short-Term Holders Dominate Sell-Side Pressure

Polymarket removed a market tied to the fate of a missing US service member after mounting backlash, saying the listing violated its “integrity standards.” The controversy erupted after a prediction market appeared asking whether US authorities would confirm the rescue of a pilot reportedly shot down over Iran, with most users (over 60%) betting that

Bitcoin (BTC) traders holding 100–10,000 BTC realized losses at an average of $337 million per day in Q1 2026, the worst quarter since 2022, according to data from Glassnode. Key takeaways: Bitcoin dropped more than 20% after whales last realized losses at a comparable pace in 2022. Long-term holders are also selling at a loss