The no-action letter comes amid growing acceptance by US regulators of prediction-style markets and event contracts during an election year.
Related Posts
Key Bitcoin onchain signal may mark BTC’s next demand revival
Bitcoin remains pinned below $65,000 as random bouts of intense selling pressure persist, but one onchain indicator has stabilized, providing insight into when spot market demand may return.
Bitcoin shows exhaustion as analysts say $125K target unlikely in 2025
In early October, Tom Lee and Arthur Hayes were confident that Bitcoin could still reach $250,000 by year-end, but analysts say half that figure is now unlikely.
Bitcoin Transactions Hit Highest Since 2024—But Fees Remain Low
On-chain data shows the Bitcoin network activity has seen a sudden rebound after months of staying down, with transactions hitting 615,000. Bitcoin Transaction Count Has Reached The Highest Level Since November 2024 In a new thread on X, on-chain analytics firm CryptoQuant has discussed the revival that the Bitcoin network activity has witnessed recently. CryptoQuant […]