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Here’s why RAVE crypto rallied over 270% today

RAVE crypto surged over 270% today, reaching a new all-time high of $9.79, due to a massive short squeeze and suspected market manipulation. Summary RAVE surged over 270% to a record $9.79, extending weekly gains to nearly 3,800% and emerging as a top-performing crypto asset across major timeframes. A $37 million liquidation wave, dominated by…

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CFTC plans new prediction market rules that could affect Polymarket and Kalshi

The U.S. Commodity Futures Trading Commission has proposed a new framework for reviewing prediction market contracts that could reshape how platforms such as Polymarket and Kalshi operate in the United States. Summary The CFTC is preparing a new framework to review prediction market contracts instead of relying on broad restrictions. Platforms such as Polymarket and…

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Hester Peirce raises big question over DeFi developer liability

SEC Commissioner Hester Peirce has said that software developers who publish open-source blockchain code should not face federal securities registration rules simply because others use their work. Summary Hester Peirce said open-source DeFi code should not automatically expose developers to federal securities registration requirements or intermediary rules. Peirce argued that securities violations should rest with…

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WhiteBIT Coin rallies 8% after FC Barcelona partnership, more gains incoming?

WhiteBIT Coin surged nearly 8% on Wednesday, emerging as one of the top-performing crypto assets as fresh momentum followed a major partnership announcement. Summary WhiteBIT Coin rose nearly 8% after announcing a five-year partnership expansion with FC Barcelona, adding new utility via crypto-linked payment features. Deflationary tokenomics, including recent burns and a 33% fee-based buyback…

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