Month: March 2026

ARK Invest Taps Kalshi Data to Guide Investment Decisions

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Tech-focused asset manager ARK Invest said it will start using Kalshi’s prediction market data to improve how it makes its investment decisions, one of the latest cases demonstrating the broader value of prediction market data beyond trading. According to a statement from Kalshi, ARK will use prediction market data to gauge real-time expectations and guide its existing market-based research, in addition to analyzing performance indicators such as trading volume, regulatory approvals and technological milestones. ARK will also use the data for risk management and hedging strategies. “Bringing prediction markets into…

Judge Blocks Pentagon’s Anthropic Supply Chain Designation

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A US federal judge in San Francisco has granted Anthropic’s request for temporary reprieve after the Pentagon’s designation of the company as a supply chain risk. In an order on Thursday, Judge Rita Lin of the District Court for the Northern District of California ordered a preliminary injunction against the Pentagon over the label. It also temporarily halts a directive from US President Donald Trump ordering federal agencies to stop using Anthropic’s chatbot, Claude. “Nothing in the governing statute supports the Orwellian notion that an American company may be branded…

Bill Proposes To Stop Government Officials Betting on Prediction Markets

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US lawmakers have introduced a second bill this week aimed at curbing prediction market insider trading by government officials, amid growing concerns over such activity on major platforms such as Kalshi and Polymarket. In an announcement on Thursday, US lawmakers Todd Young, Elissa Slotkin, John Curtis and Adam Schiff unveiled the bipartisan Public Integrity in Financial Prediction Markets Act of 2026. “No one should be profiting off the information and knowledge gained as a public servant, period,” Slotkin said, adding: “This bill is an important first step in placing common…

XRP Price Turns Soft, Red Signals Renewed Bearish Pressure

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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…

Strategy’s Stretch Shares Lure Retail Bitcoin Investors

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Retail investors are reportedly the largest cohort in Strategy’s high-yield, low-volatility “Stretch” shares, which have been used to buy more than $1 billion worth of Bitcoin this year.  Around 80% of the owners of Strategy’s “Stretch” perpetual preferred shares (STRC) are owned by retail, said Strategy CEO Phong Le on Wednesday. “Retail investors prefer low-volatility, high-yield digital credit,” he added. The figure suggests that retail investors are still interested in exposure to Bitcoin, even though it is down about 45% from its all-time high.  Strategy’s executive chairman, Michael Saylor, has…

David Sacks Wraps Up Crypto and AI Czar, Takes on New Role

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David Sacks, a venture capitalist who became a special White House official under US President Donald Trump last year, has wrapped up his 130-day tenure as crypto and AI czar but will continue to shape policy in a new role. “We’ve now used up that time,” Sacks told Bloomberg on Thursday, noting that he will continue making policy recommendations across a broad range of tech industries as co-chair of the President’s Council of Advisors on Science and Technology (PCAST). Sacks has been an influential figure in the White House since…

Ethereum Price Drops Near $2,020, Downside Pressure Continues to Build

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Ethereum price failed to clear the $2,200 zone and declined. ETH is now consolidating above $2,020 and might struggle to start a recovery wave. Ethereum started a fresh decline from the $2,200 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,135 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 resistance. Ethereum Price Dips Further Ethereum price failed to stay…

Bitcoin Price Breaks Below $70K, Sellers Eye Further Downside

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Bitcoin price failed to stay above $70,500 and declined further. BTC is now consolidating below $70,500 and might continue to move down. Bitcoin started a fresh decline from well above the $71,200 zone. The price is trading below $70,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $70,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $70,000 and $70,500 levels. Bitcoin Price Dips Further Bitcoin price…

Ether Rallies Fail To Break The $2.4K Level: Here’s Why

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Key takeaways: Ether struggles to hold $2,400 due to low DEX volumes and declining demand for decentralized applications. Institutional investor-led outflows and weak futures premiums suggest that ETH lacks the bullish demand for a sustainable rally. Ether (ETH) experienced a 6% correction between Wednesday and Thursday, retesting the $2,050 level, and reflecting a risk-off environment fueled by uncertainty surrounding the US and Israel-Iran war. Ether has lagged behind the total crypto market cap, leading investors to wonder what might trigger a sustained rally above $2,400. ETH/USD (orange) vs. Total crypto…