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๐Ÿ”ฎ According to Bloomberg, Kalshi has raised over $1 billion in a new funding round at a $22 billion valuation, doubling from about $11 billion in December 2025. The round was led by Coatue Management, and the companyโ€™s annualized revenue is approximately $1.5 billion. Despite regulatory pressure, including accusations from the Arizona attorney general of operating an โ€œillegal gamblingโ€ business, investor demand for exposure to the prediction market sector remains strong. #regulation
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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ The US war with Iran has now cost an estimated $25 billion since strikes began.
๐Ÿ—ฝ North Carolina Introduces Bill for a Strategic Bitcoin Reserve

Today, it already passed the first reading.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ”ฎ Polymarket traders now price a 33% chance of a U.S. recession by the end of 2026, down 11% from recent highs. #macro
๐Ÿ‡บ๐Ÿ‡ธโš–๏ธ MLB has named Polymarket its official prediction market exchange and signed an MOU with the CFTC to establish an information-sharing and integrity framework. Regulatory uncertainty remains, as the American Gaming Association argues that such markets fall under state-level sports betting rules. The agreement includes a termination clause if courts rule that prediction markets violate state laws. #regulation
๐Ÿ˜ฑ๐Ÿค‘ Fear & Greed Index for #ETH
๐Ÿณ This mysterious whale spent another $36.75M in $USDT to buy 17,084 $ETH at $2,151.

According to Arkham's labels, this whale may be linked to ShapeShift founder Erik Voorhees.
๐Ÿณ Whales are accumulating $ETH!

0xEb2a withdrew another 2,004 $ETH ($4.24M) from Binance 7 hours ago, and now holds 37,468 $ETH ($80.3M).

0xC551 withdrew another 2,150 $ETH ($4.63M) from Kraken 3 hours ago, and now holds 6,683 $ETH ($14.33M).
๐Ÿณ A whale switched from short to long and opened 20x long positions in $BTC and $ETH, making over $4M by doing this frequently.

Stats:
- 9,336 $ETH ($20M)
- 284.68 $BTC ($20M)
๐Ÿ’ธ According to Bloomberg, crypto exchange Gemini has cut about 30% of its workforce since the start of the year, reducing headcount to around 445. The company reported a 2025 net loss of about $585 million, with Q4 revenue of roughly $60 million but widening losses. Previously, it had announced ~25% layoffs, exited the UK, EU, and Australia, and replaced several senior executives.
๐Ÿ•ต๏ธ UXLINK Exploiter has sold 5,496 $ETH for $11.82M $DAI in the past 1 hour.

#UXLINK got hit on September 22, 2025 when attackers took over its multisig wallet, draining more than $44M in the process.
๐Ÿ†• $PHA listed on Bithumb spot
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿค” Morgan Stanley has filed a second amended S-1 for its spot bitcoin ETF with the SEC, confirming the Morgan Stanley Bitcoin Trust will list on NYSE Arca under the ticker MSBT.

The filing discloses a basket size of 10,000 shares and an initial seed of 50,000 shares, expected to raise about $1 million. The amendment signals progress but does not guarantee approval; if approved, Morgan Stanley could become the first major U.S. bank to directly issue a spot bitcoin ETF. #regulation
๐Ÿ†• $EDGE listed on Bybit pre-market
๐Ÿ˜ฑ๐Ÿค‘ Fear & Greed Index for #BTC
๐Ÿ•ต๏ธ #RWA Coinbase has moved its Bitcoin Yield Fund to the Base blockchain.

It has launched a tokenized class of shares for this fund in partnership with the financial company Apex Group.

cointelegraph
๐Ÿ•ต๏ธ Billฮž.eth sold another 5,571 $ETH for $11.76M at an average price of $2,111, resulting in a $760K loss.

Buy high, sell low.
๐Ÿ˜1
๐Ÿ’ผ Anchorage Digital launches collateral management services on the Atlas platform for institutional investors.
๐Ÿš€ Mantle's lending and borrowing market has hit a new all-time high of $1.35B, ranking #3.