Trump Pauses AI Order Over China Edge Risk WASHINGTON, May 23 – President Donald Trump delayed a planned executive order on artificial intelligence on Thursday, saying he did not want new rules to slow the U.S. advantage over China in the fast-growing sector.…
CFTC-NHL MOU extends prediction market oversight The Commodity Futures Trading Commission and the National Hockey League on Thursday signed a memorandum of understanding to share information on hockey-related event contracts, a move that deepens regulator-league coordination around prediction markets and underscores how quickly…
South Korea crypto tax petition hits 50,000-signature mark A South Korean petition opposing the planned 22% tax on crypto investment gains has crossed the 50,000-signature threshold, triggering a mandatory review by the National Assembly’s Finance and Economic Committee. The petition’s progress comes as…
P2P perps raise $50M as volumes stay flat P2P-style perpetuals drew fresh venture backing this week even as trading activity across decentralized perps has remained uneven, underscoring a gap between investor enthusiasm and day-to-day retail usage. Variational, which has built a derivatives platform…
Harvard exits $87M Ethereum stake as BTC cut 43% Harvard Management Company exited its entire Ethereum ETF position in the first quarter of 2026 and cut its Bitcoin ETF stake by about 43%, according to its latest SEC filing, a notable retreat by…
OpenAI’s $500B valuation lifts private AI market bar OpenAI completed a $6.6 billion secondary share sale at a $500 billion valuation, Reuters reported, making the ChatGPT maker the world’s most valuable private startup and overtaking SpaceX’s roughly $400 billion mark from an earlier…
Bitcoin liquidity balance points to $80K test Bitcoin liquidity balance is tilting toward a potential move into the $80,000 area, with leveraged positioning and near-term trading flows concentrated just above current prices. The setup matters now because the market remains in a narrow…
Kraken Wins Dubai Approval, Expands UAE Institutional Reach Kraken on Thursday said it has received regulatory authorization from Dubai’s Virtual Assets Regulatory Authority, a move that gives the exchange a foothold in one of the Middle East’s most active crypto hubs and broadens…
Coinbase premium hits monthly low as selling pressure builds Coinbase premium fell to a monthly low this week, a move that market participants are reading as a sign of stronger selling pressure from institutional traders and other professional investors using Coinbase’s U.S.-focused venue.…