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‘Stop Lawmakers From Predicting’: GOP Bill Targets Congress Betting on Kalshi and Polymarket

Republican Rep. Bryan Steil has introduced the Stop Lawmakers from Predicting Act, a bill that would bar House members, their spouses and their children from wagering on political and policy outcomes via prediction markets. A New Line Between Lawmaking and Betting Rep. Bryan Steil (R-Wis.), chairman of the Committee on House Administration, unveiled the measure […] from Bitcoin News https://ift.tt/ZMsBJEc
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Saylor’s STRC Faulters, Uniswap Gets a Boost, And More – Week In Review

This week’s crypto stories cut across market structure, adoption, sentiment, and policy. STRC’s sharp drop stress-tested Saylor’s bitcoin credit machine, UNI rallied on fresh long-term optimism, and Latin America extended its lead in stablecoin use for payments. Ethereum also came under fire from critics, calling it a lost-decade asset, while Illinois approved a new crypto […] from Bitcoin News https://ift.tt/j78epyS
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As Top Analysts Turn Bearish on Bitcoin, Cryptoquant’s CEO Stands Almost Alone

Cryptoquant CEO Ki Young Ju says the consensus among top bitcoin analysts has flipped bearish, leaving him among the few still expecting a rebound as BTC trades roughly $25,000 below where it began the year. A Sentiment Shift Among the Pros Founder of onchain analytics firm Cryptoquant, Ki Young Ju, told his followers this week […] from Bitcoin News https://ift.tt/4YD1Mts
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Ethereum Foundation Hit by Leadership Exodus: 8 Senior Figures Gone in 5 Months

The Ethereum Foundation has lost at least eight senior figures in five months after co-executive director Hsiao-Wei Wang resigned this week, further deepening a leadership vacuum at the organization that stewards the second-largest blockchain. A Second Co-Director Walks Hsiao-Wei Wang stepped down as co-executive director and board member of the Ethereum Foundation, effective immediately, the […] from Bitcoin News https://ift.tt/vna0C7r
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Fidelity Debuts GENIUS Act Aligned Stablecoin Reserve Fund With 0.25% Fee

Fidelity has launched a government money market fund designed for stablecoin issuers managing reserve assets under the GENIUS Act. The product joins a growing wave of institutional funds built for the fast-expanding stablecoin market. Fidelity Expands Into Stablecoin Infrastructure With New Government Money Fund Fidelity Investments has launched a government money market fund aimed at […] from Bitcoin News https://ift.tt/3lhSiTm
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Kalshi’s Messi-Fronted World Cup Push Meets a Nine-Nation European Warning

Nine European gambling regulators have pledged coordinated action against unlicensed prediction markets during the World Cup, warning sports bodies against partnerships just as Kalshi signs Argentina’s football federation and fronts Lionel Messi. A Coordinated Line as the World Cup Drives Betting The regulators of Belgium, France, Germany, Italy, the Netherlands, Poland, Portugal, Spain, and Switzerland […] from Bitcoin News https://ift.tt/AX6f4c3
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Bitcoin Holds Above $63K as $42.2M in Liquidations Clears Leveraged Bets

On June 19, bitcoin experienced volatile, “zigzag” trading between $62,300 and $63,300, ultimately closing up 1% to hover just above $63,000. Bitcoin Holds Ground Amid Volatile Intraday Trading On Friday, June 19, bitcoin oscillated between $62,300 and $63,300 but ultimately closed up 1% on a day the U.S.–Iran peace memorandum faced its first stern test. […] from Bitcoin News https://ift.tt/Limvo0U
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