Polymarket ban fails as U.S. wallets wager $571M

ESMA ban on retail event-derivative contracts reshapes EU prediction markets as Kalshi and Polymarket weigh geofencing; U.S. rules diverge under CFTC.

Citi has slashed its 12-month price targets for the top two crypto assets, Bitcoin and Ethereum. The cuts reflect negative ETF flows and stalled U.S. crypto legislation, reports Reuters. Bitcoin’s target dropped to $82,000 from $112,000. Ether’s forecast was trimmed to $2,240 from $3,175. Bitcoin ETF flows are down about $3.3 billion so far this […] The post Citi Lowers Bitcoin and Ethereum Price Targets Amid Negative ETF Flows appeared first on The Daily Hodl.

South Korea has delayed any enforcement decision against Polymarket after giving the prediction market platform a chance to respond to concerns that its service may violate the country’s gambling laws. According to the Broadcasting, Media and Communications Review Committee, it…

South Korea’s media and communications review body will hear from Polymarket before deciding whether to issue a corrective request against the prediction market platform.

The grocery giveaways highlight prediction markets' innovative strategies to engage users, reflecting their growing influence in economic forecasting. The post Kalshi and Polymarket promote prediction markets with grocery giveaways in New York City appeared first on Crypto Briefing.

Nansen analysis shows that just under half a million wallets had profited on Donald Trump’s memecoin, while the large majority of buyers have lost out.

Cardano adds 14,783 ADA wallets as price rebounds toward $0.20 after June fear, with holders returning despite recent ecosystem pressure.

Senator Lummis says the CLARITY Act can shape 21st-century finance as Senate timing, crypto rules and agency oversight remain in focus.