Solana is doing almost nothing right now, and that might actually matter. SOL price is sitting at $84.94, up just 1.00% on the day, drifting inside a tight intraday band of $84.05 to $85.07. That is not a typo, the entire day’s range is about one dollar. For crypto for beginners, that kind of stillness…
A Fairshake poll finds 45% of Americans call crypto too risky as industry PACs deploy over $100 million into midterms. Summary A Public First poll conducted for Politico found 45% of Americans say investing in cryptocurrency is not worth the risk. The same poll found 44% say AI is developing too fast, and two-thirds want…
## Market Snapshot Next US-Iran Diplomatic Meeting market is currently priced at 35.9% YES, down from 42% a day ago. The Iran Shipping Agreement market shows a 10.5% YES probability, a slight rise from 8% the previous day. ## Key Takeaways – Mark Kimmitt’s statement appears to underscore international disapproval of Iran’s actions in the…
Bitcoin price pushed above $81,000 on May 5, a 1.47% gain in 24 hours that has traders watching the next key resistance level very closely. The move triggered a wave of short liquidations, adding rocket fuel to an already accelerating rally. Whether this breakout has real staying power, or simply front-runs the next pullback, is…
Five major banking trade groups issued a joint statement opposing the compromise barely hours after its release. Circle Internet Group’s stock jumped nearly 20% on Monday after two US senators announced a bipartisan compromise on one of the most contentious issues holding up federal crypto legislation. The deal, months in the making, drew loud…
Anthropic venture with Blackstone and Goldman Sachs will deliver enterprise AI tools to private equity-backed companies. Summary Anthropic is finalising a $1.5 billion joint venture with Blackstone, Goldman Sachs, and Hellman and Friedman to serve private-equity-backed companies. The platform will deliver AI tools across finance, operations, customer service, and enterprise software to PE portfolio companies….
## Market Snapshot The “Iran closes its airspace by May 8” market is currently priced at 15.5% YES, down from 20% 24 hours ago. The “Iran closes its airspace by May 31” market stands at 40.5% YES, a decrease from 46% a day earlier. The “Fall of the Iranian regime by May 31” market is…
The BlackRock Bitcoin IBIT ETF captured $136.6M in net inflows during a week when the broader Bitcoin ETF market lost capital for three consecutive sessions. The week ended with $162.8M in total net inflows for spot Bitcoin ETFs, a recovery that was almost entirely driven by a single Friday surge of roughly $630M that erased…
a16z’s new fund targets real-world crypto use cases, including stablecoins, payments, lending, prediction markets, and tokenized financial assets. Venture Capital giant, Andreessen Horowitz (a16z) crypto arm has closed its fifth crypto fund at $2.2 billion. The new vehicle, named Crypto Fund 5, is designed to deploy capital over a long time horizon and invest…
OnRe Finance raised $5M from Forward and RockawayX as Forward prepares up to $25M into ONyc, scaling Solana-based, tokenized reinsurance with DeFi integrations. Summary OnRe Finance, a regulated on-chain reinsurance firm built on Solana, has completed a $5 million funding round co-led by Forward Industries and RockawayX. Forward plans to deploy up to $25 million…
