
BIS Warns AI Spending Bust Could Spill Over to Bitcoin Markets
Bank for International Settlements cautions that a reversal in the $1 trillion AI investment boom may trigger financial stress affecting crypto traders.
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Original coverage across the crypto market, updated daily.

Bank for International Settlements cautions that a reversal in the $1 trillion AI investment boom may trigger financial stress affecting crypto traders.
The Bank for International Settlements says stablecoins lack key money properties and warns of risks in emerging markets.
Kalshi and ADI Predictstreet collaborate on a co-branded hub to expand World Cup prediction markets globally.

Polymarket faces probe into marketing practices as hack losses climb to $3.1 million.

Kalshi launches crypto perpetuals in the US, but shallow depth and spreads may limit altcoin trading to Bitcoin only.

Bitcoin fell toward $58,000 ahead of a major Deribit options expiry amid continued ETF outflows and leveraged liquidations.
Strategy Executive Chairman Michael Saylor responded to market scrutiny after MSTR and STRC preferred shares reached new 52-week lows.
Kalshi files lawsuit against Illinois and Governor Pritzker challenging a new state regulatory framework for prediction markets.

Bitcoin's 50% drop pushes it into a historically bearish zone, dividing analyst opinions.
Cboe introduces binary option contracts tied to the S&P 500, now available on Interactive Brokers.
Prediction market platform TurboFlow secures $6 million seed funding to serve Asian users as a localized alternative to Kalshi and Polymarket.

Bitcoin reclaimed $65,000 as oil prices fell, but a strong dollar and rising yields limit upside.
Venus Protocol launches the first tokenized stocks collateral market on BNB Chain, integrating bStocks into its Core Pool.

Financial services giant to offer binary bets on S&P 500 closing price.

Kalshi has held preliminary discussions with underwriters about a potential public listing, sources say.
The Digital Asset Market Clarity Act aims to establish a federal framework for crypto regulation in the United States.
Kentucky filed lawsuits against prediction market platforms Kalshi and Polymarket, accusing them of offering unlicensed sports gambling.

Mixed comments from President Trump and Fed Chair Kevin Warsh inject uncertainty into crypto markets.
Oil plunges 33% and Dow hits record after Trump Iran deal, but Bitcoin retreats as Fed dashes rate cut hopes.
Investment firm Benchmark says the SEC's plan to rescind two key market rules is the most impactful U.S. crypto regulatory move this year.
Chainlink's oracle network handles World Cup settlements, but LINK price remains subdued amid broader market sentiment.

SpaceX's $75B IPO reveals challenges with tokenized stocks as multiple versions trade across different platforms.

Bitcoin stabilizes above $63,000 following a turbulent week, aided by easing geopolitical tensions and a strong SpaceX debut.

TRM Labs reports that onchain gambling reached $51 billion in 2025, with a resilient $14B quarter despite the crypto market downturn.