MARKETS DAILY: Crypto Update | Why Are Crypto Exchanges Launching Layer 2 Blockchains?

MARKETS DAILY: Crypto Update | Why Are Crypto...

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NBA Enters Prediction Markets as NFL Pushes Back | CoinDesk Daily

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

Musk Warns AI Debt Markets Have "Shut Off" for Most Firms | CoinDesk Daily

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

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