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Prediction market Kalshi is violating Massachusetts’ state gambling laws, its attorney general alleged in a lawsuit Friday.Attorney General Andrea Joy Campbell alleged in a filing that sports event contracts, which Kalshi introduced in January 2025, violate the state’s sports wagering laws, which require operators to be licensed. Campbell is asking for a court to block Kalshi from offering sports prediction markets in the state without a license, as well as seeking monetary and other relief.Prediction markets have grown in popularity over the past few years, with crypto-focused companies like Polymarket and firms like Kalshi seeing immense interest over questions such…
As anticipation builds around the Federal Reserve’s likely interest-rate cut next week, J.P. Morgan Asset Management’s Phil Camporeale is keeping his eye on the behavior of a particular Treasury bond amid inflation risks.
hit an absolute home run in fiscal Q3 2025. The combination of its earnings report and management commentary was one of the best possible outcomes for the chip giant. In response, shares soared more than 9% on September 5. Following this, Wall Street analysts resoundingly boosted their price targets on the stock. So, just how high do these forecasts suggest that Broadcom stock could go, and what range of possibilities do analysts see? We’ll break all this down below. Broadcom Q3 Recap and Update: OpenAI May Be Broadcom’s New Buyer As a quick recap, Broadcom slightly beat estimates on sales…
The stock market has been strong so far in September, which is a period of time when there is seasonal weakness. We had a big surge in all the data center stocks this week because of guidance and other AI stocks. But there are a couple of stocks that you can buy on pullbacks. One is , which has very strong sales and even stronger earnings. Their margins are expanding. The other stock that is a good buy on a pullback is , which is a very powerful stock. A subprime auto lender, Tricolor Holdings, filed for bankruptcy this week…
uTrade has announced the launch of a unified financial trading ecosystem designed to integrate artificial intelligence (AI), copy trading, non-fungible tokens (NFTs), staking, and decentralized finance (DeFi) into a single platform. The initiative seeks to provide both new and experienced investors with tools that combine institutional-level trading strategies and community-driven wealth sharing.Unlike many narrowly focused projects in the cryptocurrency sector, uTrade is structured as a multi-layered ecosystem. It combines automated trading bots, profit-sharing NFTs, a deflationary token model, and community-first mechanisms, aiming to create a transparent and sustainable financial framework.uTrade’s Vision: Bridging Traditional Trading and Decentralized FinanceuTrade positions itself as more…
SINGAPORE, Sept. 11, 2025 /PRNewswire/ — 9BIT Foundation, a private foundation established in Panama, today released $9BIT whitepaper. The9 Limited (NASDAQ: NCTY) (“The9”) will be distributed 19% of the $9BIT token supply for its contribution to $9BIT ecosystem. The9’s next-generation Web3.5 gaming platform the9bit will reward gamers with $9BIT tokens, turning everyday gamers actions into real value. According to the whitepaper, $9BIT tokens are expected to be listed on at least one leading crypto exchange before December 31, 2025. This comprehensive whitepaper outlines the $9BIT token‘s utility, allocation, and role in powering a sustainable, community-driven ecosystem, marking a key step in…
The cryptocurrency market includes both established projects like Ethereum and newer presale initiatives like Pepeto. This article provides an overview of each of these projects and their different market positions. Ethereum: An Overview Ethereum is a foundational platform for smart contracts, decentralized finance (DeFi), and various applications. It holds a significant market capitalization and a major share of market dominance. Ethereum’s infrastructure is a central driver of the crypto market’s narrative. Pepeto: Presale and Project Details At first glance, Pepeto looks like any other hype based memecoin; look twice and the plan shows. It runs as an ERC-20 on Ethereum,…
Solana (SOL) has once again captured market attention as perpetual futures open interest (OI) surged past the $7 billion mark, according to data from Glassnode. The spike highlights a significant increase in speculative participation, coinciding with Solana’s strong performance in the spot market, where prices have been holding above $200. Open interest measures the total value of open perpetual futures contracts—both long and short—across exchanges. A rising OI indicates that more capital is flowing into derivatives, often a sign of growing speculation and liquidity. While such surges are common during bull markets, the magnitude of Solana’s recent move signals that…
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