The US state of Nevada has sued Kalshi after the prediction market company lost its court challenge to stop the state’s regulator from taking action over its sports prediction markets. The US Court of Appeals for the Ninth Circuit on Tuesday denied Kalshi’s bid to stop Nevada’s gaming regulator from taking action on its sports event contracts, removing a block on the regulator launching a civil suit against the company. After the decision, the Nevada Gaming Control Board promptly filed a civil enforcement action in state court against Kalshi, which…
Day: February 18, 2026
Pump.fun launches Cashback Coins Rewards Feature
Solana-based memecoin launchpad Pump.fun has rolled out a new feature that shifts rewards toward memecoin traders rather than its deployers — a tweak to its fee model that once generated over $15 million in a single day at its peak. In a post to X on Tuesday, Pump.fun said the platform’s memecoin creators can now decide whether a token “truly deserves” Creator Fees, or whether it’s best to redirect rewards to traders engaging with the token through “Cashback Coins.” Pump.fun’s original model features Creator Fees, giving token creators 0.3% of…
Arthur Hayes Predicts AI Banking Crisis And Bitcoin Surge
The divergence between Bitcoin and tech stocks is a warning sign of a potential artificial intelligence-driven credit crisis that could lead to more central bank money printing, says Arthur Hayes. “Bitcoin is the global fiat liquidity fire alarm. It is the most responsive freely traded asset to the fiat credit supply,” said the crypto entrepreneur in his latest blog post on Wednesday. Hayes went on to caution that the recent divergence between Bitcoin (BTC) and the tech-heavy Nasdaq 100 Index “sounds the alarm that a massive credit destruction event is…
Dogecoin (DOGE) Builds Accumulation Structure Ahead Of Possible Breakout
Dogecoin corrected some gains and traded below $0.1050 against the US Dollar. DOGE is now holding the $0.10 support and might aim for a fresh increase. DOGE price started a fresh downside correction below $0.1120. The price is trading below the $0.1050 level and the 100-hourly simple moving average. There is a declining channel forming with resistance at $0.1020 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.10. Dogecoin Price Faces Resistance Dogecoin…
XRP Price Signals Potential Upside Reversal After Prolonged Weakness
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Bitwise And GraniteShares File Election Prediction ETFs
Exchange-traded fund issuers Bitwise and GraniteShares have filed with the US Securities and Exchange Commission to launch funds tied to event contracts on the outcome of US elections. Bitwise filed a prospectus on Tuesday for a new lineup of ETFs branded as PredictionShares, with six prediction market-style ETFs on NYSE Arca. The first two funds will pay out if either a Democrat or a Republican wins the U.S. presidential election in November 2028. The next two will pay out if either Democrats or Republicans win the Senate in November 2026,…
Prediction Markets Working Group Will Support Push For Regulatory Clarity
Blockchain advocacy group The Digital Chamber has launched a new unit focused on supporting prediction markets and helping gain regulatory clarity for the sector in the US. In an announcement via X on Tuesday, The Digital Chamber unveiled the Prediction Markets Working Group, outlining a multi-year plan to bring clarity to what it called a “misunderstood segment of finance.” The Digital Chamber said the first course of action was sending a letter to Commodity Futures Trading Commission (CFTC) chairman Mike Selig praising his efforts to maintain federal jurisdiction over prediction…
Ethereum Price Anchors At $1,920 — Can Bulls Ignite A Fresh Upside Leg?
Ethereum price found support near $1,920 and recovered some losses. ETH is now consolidating and faces key hurdles near $2,020. Ethereum is attempting a fresh recovery wave above $1,965. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1,955 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,020 zone. Ethereum Price Holds Support Ethereum price failed to stay above $2,020 and started a…
Senate Asked to Not Axe Crypto Developer Protection Bill
Crypto industry lobby Coin Center has sent a letter to the US Senate Banking Committee urging it to follow through with a bill that seeks to prevent well-intended crypto developers from being prosecuted. The Blockchain Regulatory Certainty Act (BRCA) was first introduced by House Representative Tom Emmer in September 2018, with a new version of the bill written last month by Senators Cynthia Lummis and Ron Wyden to clarify that software developers and infrastructure providers who do not control user funds are not money transmitters under federal law. Coin Center…
Trading Platform eToro Q4 Earnings Sends Stock Surging
Trading platform eToro jumped more than 20% after reporting better-than-expected fourth-quarter earnings, with revenue coming mainly from its crypto services. The company reported on Tuesday that its Q4 net income increased 16% from a year ago to $68.7 million, with earnings per share of 71 cents, compared with analyst expectations of 60 cents. Fourth-quarter revenue came in at $3.87 billion, down 40% from the prior-year period, with crypto revenue accounting for the bulk of earnings at $3.59 billion. The earnings beat bucked eToro’s main crypto rivals, Coinbase and Robinhood, whose…