The Commodity Futures Trading Commission (CFTC) has filed an emergency motion to stop Kalshi from listing election prediction contracts. Meanwhile, Bitcoin and Ethereum ETFs have dropped to new lows following a week of bearish price action in the crypto markets.
Crypto advocates plan to rally in Washington D.C. alongside The Chainsmokers for an upcoming "Stand with Crypto Day" event. Additionally, Magic Eden's multi-chain NFT platform has seen surging dominance, with $60 million in daily volume amid hype around the ME token.
In other news, Worldcoin is reportedly eyeing Facebook-like scale, EigenLayer plans new token distributions, and former President Trump has extended his lead on the Polymarket prediction platform.
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