LALIGA North America, a joint venture between Spain’s top soccer league and Relevent Sports Group, has teamed up with Polymarket in a multi-year partnership to give North American fans new ways to engage with the league and its stars. Soccer’s rapid growth in North America is driven by young, diverse fans who follow matches across…

A steep decline in XRP activity on Binance pointed to a fading short-term interest. Since the onset of the Middle East conflict, crypto markets have remained volatile in the short term but directionless overall. Several major assets, including XRP, have moved sideways during this period. At the same time, XRP transaction activity on Binance…

The United States Commodity Futures Trading Commission and the Department of Justice have filed lawsuits against Illinois, Connecticut, and Arizona over the federal government’s authority to regulate prediction markets. Summary The CFTC and Department of Justice have sued three states, arguing that prediction markets fall under exclusive federal derivatives oversight. Illinois and other states had…

Iran is boosting its defenses and targeting Gulf interests as US troops arrive in the Middle East. Odds for US forces entering Iran by April 30 are at 65.5% YES, up from 61% a day ago. Traders are responding to the deployment of US forces like the 82nd Airborne, indicating potential ground operations in Iran….

Big Tech firms have come together to back a new industry body focused on standardizing how AI agents handle payments across crypto and traditional rails. Summary Big Tech firms including Google, Microsoft and Amazon Web Services backed the launch of the x402 Foundation to standardize AI-driven payment infrastructure. The Linux Foundation introduced the initiative with…

The U.S. has informed Israel that negotiations with Iran have hit a deadlock. Odds for a US-Iran ceasefire by April 7 have dropped to 2% YES, down from 8% just yesterday. Later markets show sharper declines. The April 15 ceasefire odds fell to 8% YES from 18%. The April 30 market dropped to 24% YES…

The end of the week is here again, which means another batch of crypto options contracts is expiring as spot markets continue to retreat again.  Around 27,600 Bitcoin options contracts will expire on Friday, April 3, with a notional value of roughly $1.8 billion. This event is smaller than usual, so it is unlikely…

Summary Whale positions on Hyperliquid total $3.4 billion, with $1.737 billion in longs (51.08%) and $1.663 billion in shorts (48.92%), putting the long–short ratio at 1.04. Aggregate P&L shows longs down $153 million while shorts are up $161 million, indicating whales are currently being paid for being net short into recent moves. A key whale…

Iran has released a list of Gulf bridge targets following a coalition strike on the B1 Bridge in Karaj. The odds of a US-Iran ceasefire by April 7 have plummeted to 2% YES, down from 8% just a day ago. This escalation has affected several markets. The ceasefire by April 15 now stands at 8%…