Combined trading volume across the two largest prediction-market platforms surged 75% in June to $44.8 billion, a record for the sector, as the FIFA World Cup pulled a wave of event-contract activity onto Kalshi and Polymarket. The month tested whether prediction-market infrastructure could sustain trading around a single global event – and, by the volume […]
The post Paradigm Raises $1.2 Billion Fund as Crypto VC Pushes Further Into AI appeared on BitcoinEthereumNews.com.
In brief Paradigm announced a $1.2 billion fourth fund targeting crypto, AI, robotics, and other technology startups. The crypto VC firm has backed companies including Nous Research, Zipline, True Anomaly, Hyperliquid, and Kalshi. Paradigm said it remains committed to crypto as it explores areas where AI and blockchain overlap. Crypto venture firm Paradigm has raised a $1.2 billion fund to invest in AI, robotics, crypto, and other technologies, broadening its focus beyond digital assets. While crypto remains central to Paradigm’s business, the San Francisco-based firm said Wednesday its fourth fund will expand investments into AI, autonomous hardware, and other emerging technologies while continuing its research-driven approach. “$1.2B to invest in steep exponentials. 8 years ago we were backed by people who believed in the crypto frontier,” Paradigm managing partner Alan
Kalshi's legal setback in New York highlights the complex interplay between state and federal regulations, impacting prediction markets' operations.
The post Kalshi loses court bid to block New York’s gambling restrictions appeared first on Crypto Briefing.
The post World Cup Media Rights Poised To Start Billion-Dollar Bidding Frenzy appeared on BitcoinEthereumNews.com.
HOUSTON, TEXAS – JULY 04: A fan holds a replica of the FIFA World Cup Trophy before the FIFA World Cup 2026 Round of 16 match between Canada and Morocco at Houston Stadium on July 04, 2026 in Houston, Texas. (Photo by Molly Darlington/Getty Images) Getty Images The 2026 Men’s World Cup is far from over. And yet, attention is already turning toward 2030, and how this year’s tournament can lead to even more lucrative opportunities the next time around. Front Office Sports reported that the bidding for 2030 World Cup media rights could start at $1 billion in the U.S. – more than double the $485 million Fox paid for this year’s event, which can only be considered a steal. Along with advantageous time zones in the United States, Canada and Mexico, the 2026 World Cup has also benefited from an expanded tournament field, a fleet of exciting games and big stars, and the much-malig
The post Google Puts a New Prediction Markets Ban on Chrome appeared on BitcoinEthereumNews.com.
Google has banned prediction market extensions from the Chrome Web Store under updated Developer Program Policies. Extensions that facilitate or enable real-money trades on predictive outcomes face enforcement starting August 1, 2026. The change adds a new distribution chokepoint for Polymarket and Kalshi just as sector volumes hit records. Why Google is Blocking Prediction Market Extensions Google announced the changes on July 1 through the Chrome for Developers blog. The company expanded its Regulated Goods and Services policy to name predictive markets as prohibited products. Non-compliant extensions risk removal after the deadline. The update reaches beyond event trading. Extensions may now collect only data strictly necessary to a disclosed single purpose. Developers must also prominently disclose every data practice and flag later changes. A separate rule bans tools built to circumven
The post Bitcoin Stalls as Ethereum Flashes Worst Weekly Signal in Years: Analysis appeared on BitcoinEthereumNews.com.
In brief Bitcoin fell 2.89% this week, closing at $61,749 after failing to break resistance in the $64–65K range—the key zone bulls needed to reclaim to change the short-term narrative. Ethereum confirmed a weekly death cross for the first time in years, with its 50-week EMA now below its 200-week EMA, and prediction market traders now pricing a 72.3% chance ETH hits $1,500 before it sees $3,000 again. The broader crypto Fear & Greed Index sits at 23 (extreme fear), spot Bitcoin ETFs just ended a 10-day, $2.7 billion outflow streak. The crypto market enters the second week of July in rough shape. Bitcoin is holding on, but just barely, in the low $60,000s after briefly touching 21-month lows under $58,000 last week. Ethereum is below $1,750, down around 4% on the day, and more than 30% in the last year. The broader market is down, of course, and altcoins are down hard
Bitcoin is looking slightly more optimistic but failed the breakout everyone was watching. Meanwhile, ETH just printed a weekly death cross for the first time in years.
The post Deepfake video puts Cristiano Ronaldo’s face on a crypto scam appeared on BitcoinEthereumNews.com.
In a video that has been going around since early July, Cristiano Ronaldo seems to be telling fans to buy a token called USWR. The video isn’t real. It was made based on a real interview the captain of Portugal gave at the 2026 FIFA World Cup. The fake endorsement came out while Ronaldo was getting all the attention at the tournament. It spread even more after Portugal lost to Spain in the round of 16 and was eliminated. “I’m not a big investment advice kind of guy, but if you put every dollar you have into USWR, you’ll be very happy at the end of July,” a fake Ronaldo says in the staged video. He didn’t say it. AFP says that the token is based on a claim to ownership in the “United States Water Reserve.” The short, fake video of Ronaldo sends fans to a website named uswr[.]ai. One Instagram post from July 4 tried to sell the video as a scoop. It asked if anyone else had heard Ro
