BREAKDOWN: Bitcoin at $318,000 Next December?...

The NBA enters prediction markets. The NBA signed a data-sharing deal with the CFTC and named Kalshi and Polymarket as preferred exchanges, formally stepping into prediction markets. The move puts the league at odds with the NFL, which has sided with states fighting to regulate t ...  Show more

SpaceX raised $40B to buy GPUs. Elon Musk's SpaceX raised $40 billion in debt to buy GPUs, but he warned that debt markets have almost entirely cut off financing for companies without revenue independent of AI data centers. He predicts most of the 200-plus "neoclouds" will not su ...  Show more

With bitcoin breaking above $50K plus a brief look at the "money stack" and how crypto could change it, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis. Today's Stories:  Bitcoin Breaks $5 ...  Show more

On today’s episode of The Breakdown, NLW looks at a slew of news from corporates getting into the bitcoin and crypto space, including: Twitter CFO exploring bitcoin treasury holdings and payments to employees and vendors Mastercard announcing crypto coming to payment rails in ...  Show more

With bitcoin suffering its worst monthly returns yet, and a more nuanced look at how the SEC views crypto, CoinDesk’s “Markets Daily” is back with the latest news roundup. This episode is sponsored by Kava and BCB Group. Today's Stories: Bitcoin Drops to Nearly $19K as Fed Rene ...  Show more