By Hassan Shittu Key highlights: Kalshi is terminating its Volume Incentive Program by October 13 (nearly a year early), amid scrutiny over $5B+ in crypto perpetual futures volume Kalshi disputed the wash trading allegations, saying a market maker’s resting orders were executed by hundreds of traders, and that its systems prevent coordinated trades Despite the […]
Tag: ARKW
By Marco Piccolo Key highlights: Ark Invest acquired 240,507 shares of BitMine Immersion (BMNR), valued at approximately $9 million, across three ETFs. The move follows a broader strategic shift by Cathie Wood toward Ethereum-focused assets despite recent cuts to Bitcoin projections. BitMine remains the largest Ethereum treasury holder, with nearly 3.4 million ETH, and aims […]
By Emir Abyazov Shares of cryptocurrency and stock trading platform eToro (ETOR) finished their first day of public trading up 28.9% after a significant last-minute increase in its IPO. The day before, on May 13, eToro increased its initial public offering to $620 million, pricing its shares above the previously proposed range of $46 to $50 […]