Polymarket Gets Hit With $487,000 Dutch Penalty for Halting Service One Day Too Late

The Dutch gambling regulator (KSA) has moved to collect €420,000 (~$487,000) from the company behind Polymarket, the latest sign that Europe is treating prediction markets as unlicensed gambling even as the US embraces them as financial products. How a single day cost Polymarket $487,000 The Kansspelautoriteit (KSA) published its collection decision on 16 June against … Read more

Blackrock Leads Crypto ETF Inflows as Bitcoin, Ether and XRP All Turn Positive

Crypto ETF flows turned positive across the board on Tuesday, June 16, with bitcoin, ether, HYPE, XRP, and solana ETFs all recording inflows. The rare all-green session suggested investors are starting to rebuild exposure, even if demand remains measured. Bitcoin and Ether ETFs Gain $19.6 Million Combined as Investor Demand Broadens For once, the crypto … Read more

Mexican Billionaire Ricardo Salinas Steers Clear of the AI Bubble, Channels Fresh Fiat Directly Into Bitcoin

In his liquid portfolio, Ricardo Salinas does not hold stocks. He does not hold bonds. The founder and president of Grupo Salinas told Coindesk’s Jennifer Sanasie and Ollie Acuna that his liquid investment portfolio is now 80% bitcoin after he bought aggressively during the recent price dip. “As soon as I get my hands on … Read more

Glassnode Signals Bitcoin Base Building as Traders Push Price Back Above $65,700

Bitcoin spent much of the last 24 hours locked in a tight range ahead of the expected signing of the U.S.–Iran memorandum, oscillating mostly between $65,500–$65,750 despite a brief spike above $66,000. Leverage Liquidations Subside Bitcoin traded sideways on Wednesday as global markets awaited the formal signing of the U.S.-Iran memorandum of understanding on Friday. … Read more

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