Trump-Backed World Liberty Launches a WLFI Buyback as Democrats Circle
World Liberty Financial says it will buy back its own WLFI token with fees from its USD1 stablecoin, three days after House Democrats named the Trump family firm a likely…
US Lawmaker Pushes Ban on Candidates Betting on Their Own Elections
U.S. Rep. Don Davis has introduced the No Betting on Your Own Race Act, which would prohibit federal candidates from trading prediction market contracts tied to their own elections. Davis…
CFTC Readies Action on Prediction Market Promos, Expected This Week
The Commodity Futures Trading Commission is reviewing the bonuses and incentive programs used by prediction markets, with an announcement of some kind reportedly due by the end of the week.…
Chainalysis Report: The US Owns the Most Crypto but Uses It the Least
Per Chainalysis’ latest report, crypto’s total market cap halved in the 12 months to June 30, a $2.1 trillion contraction. The economic activity underneath it fell 1.6%. The Number That…
Betmgm Bets on Injury Refunds and a $50K Free-to-Play NFL Jackpot
Betmgm has rolled out a football-season product slate built around two headline features: a prop bet refund when a named player is injured early, and a free-to-play game with a…
US Debt Nears $40 Trillion in 5 Months as Bitcoin’s Case Gets Louder
The U.S. national debt is set to cross $40 trillion, a mark it was expected to surpass only after Labor Day. The milestone has come faster than any previous trillion-dollar…
The Great Long-Bond Selloff Forces a Brutal Fiscal Reckoning
France’s 30-year government bond yield has surged near 4.85%, joining jumps in Germany, Japan, and the United States that expose a brutal reset in global borrowing costs. The synchronized selloff…
Inflation Cools, Bitcoin Stalls as Fed Faces Its Next Big Test
U.S. inflation cooled for a second straight month in July, another sign that spring’s energy-driven price shock is fading even as inflation remains stubbornly above the Federal Reserve’s 2% target.…
$40 Trillion Debt Warning: Doug Casey Sees Greater Depression Risk for US Economy
Doug Casey warned that rising debt costs, prolonged geopolitical conflict and sweeping technological disruption are pushing the global financial system toward an increasingly unstable period. Doug Casey, the best-selling author…
House Flip? Senate Hold? Prediction Markets Unleash Wild 2026 Midterm Election Bets
Prediction market traders on Polymarket and Kalshi are pricing in a Democratic takeover of the U.S. House in the 2026 midterms while giving Republicans the edge to hold the Senate,…