Trump Widens Lead Over With Biden (on Polymarket and PredictIt) After Courting Crypto Vote
Plus, how much longshot money was made betting on the SEC approving an Ethereum ETF?
Analysis
SEC’s Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?
The White House is “eager” to work on a crypto bill. That was the sentiment of its latest statement on Wednesday, putting the administration on-the-record again about wanting new digital assets policies to protect investors. But U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler – the securities watchdog President Joe Biden hired as a member of his transition team and a key regulator – says don’t bother.
Crypto Community Voices Outrage at Tornado Cash Developer Verdict
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering.
As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency’s Long-Term Prospects Even Among Conservative Pros
Spot bitcoin exchange-traded funds debuted with a giant splash in January, quickly attracting billions of dollars of investment. But who was buying them and why have inflows stalled in recent weeks? Was it a fad that fizzled?
Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.
How Changpeng Zhao’s ‘Good Guy’ Reputation Secured a 4-Month Prison Sentence
Judge Richard Jones said he spent the weekend pouring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell apart.
Binance’s CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet
Also, the CFTC wants to bar Americans from betting on elections – even though it’s already illegal in most U.S. states.
Consensys, a Target for the SEC’s Assault on ETH, Is Fighting Back
ConsenSys founder Joseph Lubin is also a co-founder of Ethereum. (CoinDesk)
Will Bitcoin’s New BIP Editors Streamline Development?
Five new editors were added to help speed up the process of approving and merging Bitcoin Improvement Proposals.
Polymarket Odds Say Columbia University President Will Keep Job
Continuing pro-Palestine protests won’t lead to Minouche Shafik having a fate similar to Claudine Gay, who was recently forced to resign as Harvard’s president, the prediction market signals. Plus: Kalshi bettors don’t think Taylor Swift will break her record.