The crypto weekly recap for May 18 to May 23 shows an eventful week for the market, even as Bitcoin went from $78,000 to $75,000. The US is planning to buy one million Bitcoin, President Trump is making pro-crypto moves again, SpaceX filed for an IPO that revealed higher-than-expected crypto holdings, and Hyperliquid performed better
The post Crypto Weekly Recap: Crypto Reserve Bill, Trump’s Executive Order, SpaceX IPO Explained, Hyperliquid Hits ATH appeared first on CoinGape.
On May 22, 2010, a programmer sitting somewhere in Florida made what looked, at the time, like an unremarkable online transaction. Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas. The deal cost him roughly $41. Today, those same coins are worth north of $700 million. At certain points during 2025, the figure crossed $1 billion.
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The U.S. Securities and Exchange Commission (SEC) has postponed plans to develop rules for trading tokenized stocks in the country. According to reports, agency had delayed work on regulations that would pave the way for tokenized trading on the American stock exchange. The decision reflects a continuing wariness on the part of the agency with
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Another legal setback came for prediction market operators Kalshi and Polymarket. A federal appeals court refused to stop gambling-related lawsuits against them in Nevada and Washington. Polymarket, Kalshi Lose Bid In US Court Judges on the Ninth Circuit Court of Appeals, in rulings made on Thursday, denied emergency motions from both companies. In these petitions,
The post US Court Rules Against Polymarket & Kalshi In Nevada, Washington Lawsuit appeared first on CoinGape.
Kevin Warsh has officially stepped up as the new chair of the U.S. Federal Reserve, replacing Jerome Powell. However, the markets are now increasingly betting on more Fed rate hikes, rather than cuts. Kevin Warsh Sworn In As The Federal Reserve Chairman Warsh took the oath of office on Friday after a narrow 54-45 margin
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An event worth paying attention to is happening in the Web3 space right now. The CoinGape Web3 Innovation Awards 2026 has moved into their community voting phase, and if you’ve been following the nominations, this is the moment the process has been building toward. The Web3 Innovation Awards 2026 cover s13 categories and more than
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The U.S. House Committee on Oversight and Government Reform has launched an investigation into insider trading on prediction market platforms Polymarket and Kalshi. The Committee Chair, James Comer, has sent letters to both platforms requesting information about how they are tackling this issue. House Panel Investigates Insider Trading On Prediction Market Platforms In a press release,
The post Prediction Market: U.S. House Panel Launches Insider Trading Probe Into Polymarket, Kalshi appeared first on CoinGape.
