Crypto World
Profit-taking, oil spike knock bitcoin (BTC) price off its best levels in a month: Crypto Markets Today
The crypto market edged lower on Wednesday, with bitcoin falling about 0.9% since midnight UTC to $65,900 and ether (ETH) shedding 0.5% to $1,920.
The pullback came after the largest cryptocurrency rose to its highest point in more than a month on Tuesday, with a degree of profit-taking always a likely outcome.
One major macroeonomic influence was the surge in the WTI crude price. The U.S. oil benchmark topped $85 per barrel for the first time since June 12 as the Iran conflict escalated, reviving the inflation concerns that have weighed on risk assets for much of the year.
Nasdaq 100 and S&P 500 index futures both fell while gold climbed 0.95% to $4,118 and silver gained 1.2% as investors flocked to haven assets.
The demand for safety was visible in crypto assets too, with bitcoin’s dominance climbing to 59% as capital retreated from altcoins and stablecoins into the relative safety of the largest token.
Derivatives positioning
- Market activity slows down: Trading volume over the past 24 hours dropped 12% to $150 billion, while open interest (OI) remained static around $116 billion. With just $165 million in liquidations, the market appears to be taking a breather.
- Long/short ratio tightens: The 24-hour long/short ratio stands at 50.59/49.41, a tighter and more indecisive reading than a day ago. While technically every long position is matched by a short in terms of total contracts, this ratio specifically tracks the number of accounts that are net-long versus net-short. The tightening suggests that the bullish bias seen yesterday is evaporating.
- Short interest builds in HYPE: Hyperliquid’s HYPE token has dropped over 6% over 24 hours, one of the biggest losers among major tokens. The decline comes alongside a marked upswing in futures open interest to 42.8 million HYPE, the highest level since June 4. With annualized perpetual funding rates slightly negative and the 24-hour cumulative volume delta (CVD) in the red, the data suggests a clear bias for short positioning. Traders appear to be aggressively positioning for, or anticipating, a deeper price drop in the token.
- Bearish momentum continues in XLM: Open interest in XLM futures rose for a third straight day to a total of 1 billion tokens. XLM is also reporting a negative 24-hour CVD, a sign that bears are leading the price action by shorting through market orders rather than limit orders. Consequently, it is no surprise that the token’s price has failed to maintain gains above 19 cents for the second consecutive day.
- Steady open interest in top-tier assets: OI in BTC and ETH has held steady over the last 24 hours. This lack of movement signals that there has been very little position adjustment or conviction to change exposure despite spot prices pulling back from the highs reached on Tuesday.
- Broad-based bear leadership: Most major cryptocurrencies, excluding XMR, XAUT and HBAR, are exhibiting negative 24-hour CVDs. This confirms that the current market environment is characterized by broad-based bearish leadership, with sellers more active than buyers at current levels.
- Rising volatility expectations: Bitcoin’s 30-day implied volatility index (BVIV) has increased to 40% from 37.5%, a sign that traders are beginning to pay a higher premium for protection as they anticipate more turbulent price action ahead. The ether volatility index (EVIV) is also showing signs of increased buoyancy.
- Demand for upside exposure in options: BTC calls continue to dominate the 24-hour volume rankings on Deribit, with activity heavily concentrated in the $70,000 and $72,000 contracts. Calls provide traders with bullish exposure to the underlying asset, suggesting that some are looking past the current decline. Ether options are also seeing a preference for calls, with the $3,000 strike emerging as the most-traded contract over the past 24 hours.
Token talk
- Dash (DASH) led losses on Wednesday, falling 4.1% since midnight UTC to $33.44, with hyperliquid (HYPE) not far behind, losing 3.42% to $58.79 as the decentralized exchange’s token continues to retrace from last month’s highs.
- Midnight (NIGHT) was the standout gainer of the past 24 hours, surging 19%, following a selloff on Monday. Charles Hoskinson, founder of the Cardano blockchain platform, described the project on X as an “incredible ecosystem with “wonderful technology.”
- Ether.fi (ETHFI) and ethena (ENA) bucked the broader weakness, rising 2.63% and 1.27%, respectively, to extend a run of outperformance from DeFi tokens.
- Ondo is among the week’s more compelling movers, up 26% over seven days to $0.40 as tokenized real-world assets continue to attract speculative interest despite the subdued macro environment.
- CoinMarketCap’s Altcoin Season indicator read 50/100, down slightly from last week’s high as investors focused back on bitcoin.
Bitcoin buyers appear to be absorbing sell pressure more effectively around the $65,000 area, according to analysis tied to exchange flow data. The signal comes after Binance posted its largest single-day net outflow in nearly two years, with more BTC leaving the platform than entering.
Onchain analytics firm CryptoQuant highlighted that Binance withdrawals have recently been running ahead of deposits—an environment traders often watch for because it can indicate reduced immediate supply on the exchange order book. Still, analysts caution that exchange outflows alone do not confirm a fresh, sustainable uptrend.
Key takeaways
- CryptoQuant data shows Binance daily netflows have oscillated between inflows and outflows, with a notable outflow spike on Tuesday.
- More than 9,000 BTC net left Binance in a single day, the largest tally since November 2024, suggesting significant movement toward self-custody.
- Analysts frame the latest pattern as improved “absorption” near $65,000–$66,000 rather than immediate proof of a new rally.
- US spot Bitcoin ETF flows remain net positive, pointing to ongoing institutional demand even as spot market momentum appears uneven.
Binance’s outflow spike draws attention
A CryptoQuant research note released Wednesday focused on Binance’s spot exchange balances, showing that daily BTC withdrawals are outpacing inflows. The takeaway is that short-term pressure from supply moving onto Binance appears to be easing—at least on the days where net outflows dominate.
CryptoQuant contributor Rei Researcher wrote that this pattern typically reflects reduced urgency to send BTC to the exchange “for potential selling.” In other words, when a large exchange sees net withdrawals, it often suggests sellers are not adding to immediate market liquidity at that moment.
The broader context from CryptoQuant is that Binance netflows have been switching signs—turning positive and negative—after a stretch of positive days that ended in early June. One day, however, stands out: on Tuesday, Binance recorded a net outflow of more than 9,000 BTC, which CryptoQuant described as the largest single-day figure since November 2024.
Ruga Research, another CryptoQuant contributor, argued that outsized outflows generally point to participants moving “serious volume” into self-custody. In a separate post, he emphasized that coins leaving an exchange are less likely to be sold directly into the order book, at least in the near term.
“When outflows hit this size, someone is moving serious volume into self-custody. Coins off exchanges are coins that won’t be sold into the order book,” Ruga Research said in that post.
Ruga also noted that on rolling 30-day time frames, netflows continue to repeat a fluctuation pattern and that sharp spikes can still reverse. His warning reflects a key nuance investors often overlook: exchange flow metrics can shift quickly, and a single dramatic day does not automatically define the next trend.
“Can this one fail? Absolutely. Momentum has been indecisive around the zero line for two weeks. It hasn’t committed. And what happens next, honestly, nobody knows,” he wrote, referring to mixed netflow days.
Absorption improves, but the trend still needs confirmation
Rei Researcher stopped short of claiming the outflow data by itself signals a durable new bull phase. Instead, he pointed to a more subtle implication: the presence of negative netflow while BTC trades around $65,000–$66,000 suggests buyers are doing a better job absorbing whatever supply remains in the system compared with an earlier weak period.
In his assessment, the key distinction is between “absorption” and a confirmed uptrend. Negative netflow can reduce exchange liquidity, but price still depends on spot demand, traded volume, and the market’s ability to maintain a stable structure.
“However, negative netflow does not automatically confirm a new uptrend. It needs to be accompanied by spot demand, volume, and a more stable price structure,” Rei Researcher said.
This framing matters because BTC’s reaction has been relatively range-bound compared to the momentum traders typically look for when a sustained move begins. If exchange outflows are rising but price remains choppy, the market may be transitioning into a steadier equilibrium rather than launching immediately into a higher trajectory.
ETF inflows remain a supportive counterweight
While exchange flow data is one part of the picture, ETF activity is another. Earlier coverage from Cointelegraph noted that consensus expectations for a full bull-market rebound have been constrained by a perceived lack of consistent spot demand. In that context, derivatives-related improvement has been easier to observe than a corresponding surge in spot buying.
Cointelegraph previously reported that net inflows into US spot Bitcoin ETFs suggest a continuation of institutional interest. CryptoQuant’s flow-focused analysis aligns with that broader narrative: even if the spot market’s immediate impulse is inconsistent, larger investors and structured products can help sustain demand.
In the current setup described by CryptoQuant and referenced by Cointelegraph, the most relevant tension is this: Binance outflows may be reducing available supply on exchanges, but the market still needs clear evidence that spot buyers are expanding participation rather than simply absorbing intermittent supply.
What to watch next for traders and long-term holders
For readers tracking whether this move becomes meaningful, the immediate question is whether Binance netflows keep favoring withdrawals and whether spot market behavior follows through. CryptoQuant contributors themselves underscored that netflow momentum has been mixed and that outflow spikes can fail. The next confirmations to monitor are steadier spot demand and improved price structure around the $65,000–$66,000 band, alongside continued net positive ETF inflows that could support broader risk appetite.
Key takeaways
- Solana (SOL) trades around $78, gaining more than 2% this week.
- Spot Solana ETFs recorded $5.83 million in inflows, marking the second straight day of institutional buying.
- Derivatives data points to growing bullish sentiment, with the long-to-short ratio rising to 1.12.
Solana (SOL) remained steady around $77 on Wednesday, extending its weekly gains to more than 2% as institutional investors returned to the market.
Growing inflows into spot Solana exchange-traded funds (ETFs), combined with increasingly bullish derivatives positioning, are improving the outlook for the cryptocurrency despite technical resistance continuing to cap upside momentum.
Solana ETFs record strongest inflows in weeks
Institutional demand for Solana showed further improvement this week. According to SoSoValue, spot Solana ETFs attracted $5.83 million in net inflows on Tuesday, marking the second consecutive day of positive flows.
It was also the largest single-day inflow since July 6, suggesting institutional confidence may be recovering after a quieter period.
If ETF inflows continue throughout the week, they could provide additional buying pressure and support a broader price recovery for SOL.
The derivatives market is also showing signs of growing optimism. Data from CoinGlass reveals that Solana’s long-to-short ratio climbed to 1.12 on Wednesday, approaching its highest level in more than a month.
The increase indicates that leveraged traders are increasingly positioning for additional price gains.
The stronger long positioning reinforces the improving institutional sentiment reflected in recent ETF inflows, suggesting both retail and professional traders are becoming more constructive on SOL’s near-term outlook.
Solana price analysis: Can SOL break above $80?
From a technical standpoint, Solana continues to consolidate after recovering above its 50-day Exponential Moving Average (EMA).
SOL is currently trading near $78.05, holding above the 50-day EMA at $76.76 and the horizontal support level around $77.06.
These levels continue to provide a solid foundation for the current recovery. However, the cryptocurrency remains below the 100-day EMA at $80.39 and well beneath the 200-day EMA at $92.87, leaving the broader trend cautious until these resistance levels are reclaimed.
Momentum indicators present a mixed picture. The Relative Strength Index (RSI) sits around 54, indicating modest bullish momentum without reaching overbought territory.
Meanwhile, the Moving Average Convergence Divergence (MACD) remains slightly below the neutral line, suggesting buyers have gained some traction but have yet to establish a decisive uptrend.
The first resistance level lies at the 50% Fibonacci retracement around $79.27, followed closely by the 100-day EMA at $80.39.
A sustained daily close above this resistance zone would strengthen the bullish outlook and could open the door for a rally toward the 61.8% Fibonacci retracement at $83.78.
On the downside, immediate support remains at $77.06, reinforced by the 50-day EMA at $76.76. A break below this area could trigger a decline toward the 38.2% Fibonacci retracement at $74.75.
If bearish momentum intensifies, additional support levels are located at $69.16 and $60.13, although those areas are likely to come into focus only if sellers regain firm control of the broader trend.
For now, improving ETF inflows, rising bullish positioning in the derivatives market, and resilient price action above key support suggest Solana retains a cautiously optimistic outlook, provided buyers can push the token above the critical $80.39 resistance level.
US authorities seized more than $25 million in cryptocurrency linked to international fraud networks that targeted victims across the United States and Canada.
The latest action is part of a wider effort that has recovered over $800 million.
US Agents Seize $25 Million From Crypto Scam Networks
US Attorney Jeanine Ferris Pirro said the seizure stems directly from the Scam Center Strike Force she launched in November 2025. She framed it as proof that pressure on international fraud networks works.
“This seizure is the result of months of tireless work by Washington Field Office investigators, who are among the best in the world at tracking down cyber criminals and tracing their illicit transactions,” Special Agent in Charge Tara McLeese of the US Secret Service Washington Field Office added.
Meanwhile, the office filed the five complaints in federal court on July 21. Each seeks to forfeit crypto recovered in separate fraud probes. Those investigations exposed several money laundering networks and thousands of victims worldwide.
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The five investigations trace distinct schemes. One involved more than 200 victims defrauded through online romance scams, with the complaint seeking roughly $12 million. In this case, Secret Service agents traced laundered proceeds through hundreds of intermediary wallets.
Another traced more than 270 suspected victim transactions tied to fraudulent investment platforms, seeking about $10.4 million.
A fifth case shows a secondary con. Scammers contacted a prior fraud victim and promised to recover lost money. The victim then made a series of payments, and the complaint seeks about $285,000, with more recovery ongoing. IP addresses across the cases pointed to China, Malaysia, and Cambodia.
US authorities have doubled down on enforcement against crypto-linked scams. In one case, the Justice Department restrained more than $700 million in crypto in April, allegedly tied to money laundering from crypto scams.
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The post US Seizes $25 Million in Crypto Linked to Global Fraud Schemes appeared first on BeInCrypto.
Bitcoin price is trading around $66,100, after climbing above $66,500 earlier in the session, in a bullish prediction environment. Despite the recent rebound, its volatility has compressed to a level not seen since 2016, making many traders uneasy. CryptoQuant contributor Axel Adler Jr. noted on July 22 that Bitcoin’s 30-day realized volatility dropped to 28.3, down from 41.6 on June 25.
That places BTC in the bottom 8% of its volatility range since 2016. In other words, roughly 92% of trading days during that period recorded higher volatility. Such calm conditions rarely last for long, especially after a steady price recovery.
Meanwhile, open interest has not expanded alongside Bitcoin’s recent gains, suggesting leverage remains relatively light. That lowers the immediate risk of large liquidation cascades. However, once volatility returns, price swings can accelerate quickly and catch overleveraged traders off guard.
Now, the market is waiting to see whether this quiet stretch leads to a breakout or a sharp reversal. Key technical levels and macro catalysts will likely decide the next move. Until then, Bitcoin may stay calm on the surface, but history suggests that calm rarely lasts.
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Bitcoin Price Prediction: Reclaim $72,000 Before Volatility Forces a Decision?
Bitcoin has gained more than 2% over the past seven days, trading between $64,700 and $66,700. The recovery looks encouraging, but it still falls short of confirming a lasting trend. Meanwhile, the 20-day and 50-day moving averages remain below the spot price, offering near-term support. The 200-day moving average, near $72,700, remains the key resistance.
Adler’s threshold remains straightforward. If realized volatility climbs above 35 while Bitcoin fails to reclaim the 200-day moving average, selling pressure could return. At the same time, the Fear Index remains in fear territory. Gold and Treasury demand also suggest investors have not fully shifted back into risk assets.
Options traders reflect that uncertainty. Instead of making aggressive directional bets, many continue hedging against sharp moves. That cautious positioning fits the current low-volatility environment, where sudden breakouts or breakdowns often come without much warning.
In a bullish scenario, Bitcoin clears $68,000 and builds momentum toward the $72,000 to $72,700 area. A successful move above that zone could open the door to $75,000 and possibly $78,000. In the base case, BTC continues to range between $65,000 and $68,000, while volatility remains muted.
The bearish outlook returns if volatility jumps above 35 and the 200-day moving average rejects another rally. In that case, Bitcoin could revisit $61,800, followed by the $60,000 to $61,000 support area. If that floor breaks, $58,500 becomes the next level that traders will likely watch.
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Bitcoin Hyper Eyes Early-Mover Window as BTC Consolidation Drags On
Bitcoin consolidating in the mid-$60,000s with its 200-day MA nearly $7,000 overhead is not a compelling near-term risk/reward for traders chasing upside.
That ceiling is real, and the timeline to breach it is unclear. That dynamic is pushing some capital toward earlier-stage plays within the Bitcoin ecosystem that don’t require a BTC all-time high to generate returns.
Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration. It is targeting Bitcoin’s core bottlenecks: slow transaction finality, high fees, and the near-total absence of programmability.
The SVM integration is the hook here; it’s designed to deliver smart contract execution speeds that reportedly exceed Solana’s own performance, while anchoring to Bitcoin’s security model via a decentralized canonical bridge for BTC transfers.
The presale has raised close to $33 million at a current price of $0.0136835, with staking available at high APY for early participants.
For traders watching BTC stall below a major moving average, research Bitcoin Hyper here to assess whether the infrastructure thesis fits the current cycle context. Also worth reviewing: Bitcoin Hyper’s presale trajectory as BTC and ETH post weekly gains.
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The post Bitcoin Price Prediction: Bitcoin Volatility Hits 2016 Low, Could Trigger Liquidations appeared first on Cryptonews.
Crypto analyst EGRAG CRYPTO posted on X on Wednesday that Bitcoin (BTC) is forming an Adam and Eve double bottom on its weekly chart, a pattern that is not yet confirmed but could open the door to $173,000 if it plays out.
The setup hinges on a decisive weekly close above $83,000, followed by a retest that holds that level as new support.
The Setup the Analyst Is Watching
According to EGRAG, the double bottom is forming inside the $51,000 to $67,000 support band, with an aggressive V-shaped low forming the Adam side and a slower, rounded base forming the Eve side. The neckline sits at $83,000.
Getting there, per EGRAG’s roadmap, means holding the current bottom, reclaiming $68,000, then breaking and retesting $83,000 before the move can extend toward $103,000, then $120,000 to $126,000, and finally $173,000.
“$83K is the gateway,” wrote the analyst. “Break it, hold it, and the Adam & Eve structure can trigger the next major expansion.”
However, he did warn that a weekly close below approximately $51,000 would invalidate the whole setup.
Other traders have also chipped in with numbers of their own, including Ted Pillows, who pointed to Bitcoin’s daily Supertrend flipping green, noting that the last time that happened, BTC gained almost 15% in four weeks, and a repeat would put it near $76,000 by August.
But not everyone agrees the move up will continue, one of them being ChartNerd, who called this rally a countertrend move back in April. According to him, the 200-week EMA near $68,000 could be the local top before a final drop into late Q3 or Q4.
A separate note from Axel Adler Jr. added some nuance: realized volatility has fallen 31% this month to its lowest since 2016, and leverage, measured by open interest against market cap, has declined for 21 straight days, a combination he says makes the current bounce of more than 11% off the June 30 low near $59,000 less prone to a forced liquidation cascade.
Meanwhile, Markus Thielen, in a report for BIT, said implied volatility on Bitcoin and Ethereum options has climbed back to 36% after dropping to 31% from 44%, a shift he read as rising demand for upside calls heading into the usually quieter summer months.
Why Bitcoin Has Been Climbing
BTC was trading near $66,000 at the time of writing, down slightly on the day but up over 2% in the past week and close to 3% in the last month.
Data from CoinGecko shows that at one point, the asset came within touching distance of $67,000 before it was dragged back to its current level, which puts it about 47% below its all-time high from October 2025 when it went past $126,000.
That bounce has come alongside a resumption in inflows for spot Bitcoin ETFs, after eight weeks of outflows, as well as improved sentiment following news that there has been some progress on the CLARITY Act’s ethics language.
Bitfinex has flagged $68,000 as the next test for the OG cryptocurrency. It says there’s a reaction zone between $67,900 and $68,300 where short-term holders may look to sell, and that a real breakout will need spot buying rather than speculation to hold.
The post Bitcoin Could Rally to $173K if This Pattern Plays Out: Analyst appeared first on CryptoPotato.
Upbit has put Zilliqa (ZIL) on delisting watch. The trigger was a critical Ledger flaw that exposed users’ private keys. ZIL fell about 10% as traders reacted.
Zilliqa is a layer-1 blockchain that launched in 2019. On Wednesday, it revealed that every version of its Ledger wallet app since launch carried the bug.
How the Ledger Flaw Exposed Zilliqa Private Keys
The app made a simple copying mistake. It zeroed out part of the random number that protects each signature. That leak adds up fast. After roughly five native transactions, attackers can work out a private key in seconds on an ordinary computer.
Exploitation began on July 19. A day later, an exchange partner reported ZIL stolen from a cold wallet. KuCoin then helped trace the bug, confirmed on July 21. The episode joins a string of key compromise attacks this year.
“Any account that has broadcast approximately five or more native transactions signed through the Zilliqa Ledger app should be considered compromised,” Zilliqa said in its disclosure.
Native ZIL transfers are now suspended. Affected keys must be retired because the leaked signatures live on-chain forever. Ethereum Virtual Machine (EVM) transactions and software wallets are safe.
Upbit Review Puts ZIL Trading Support at Risk
Upbit acted under Korea’s Virtual Asset User Protection Act, a 2024 investor safety law. The tag covers the ZIL/KRW and ZIL/BTC pairs. Deposits and withdrawals have been frozen since July 20, per the exchange’s notice. The review runs until the week of August 17.
Risk labels like this often hit prices hard. Wanchain fell 34% after Binance’s monitoring tag. Flow’s backers even went to court over Korean exchange delistings.
ZIL now trades near $0.0025, per ZIL markets data. It hit a record low of $0.00235 on Wednesday. The token is down about 17% in a week and 99% from its May 2021 peak. Its market cap sits near $49 million.
Zilliqa has promised a recovery plan for affected balances. What that plan delivers may decide whether Upbit lifts the watch or ends trading support.
The post Upbit Puts Altcoin at Risk of Delisting Following Critical Ledger Flaw appeared first on BeInCrypto.
Solana has started preparing validators for Alpenglow, a major upgrade that aims to make transactions final much faster.
Today, Solana can take about 12 seconds to fully confirm a block. Alpenglow aims to cut that time to around 150 milliseconds. In simple terms, a payment or trade could become final almost instantly.
The upgrade changes how validators confirm activity on the network. Validators are independent computers that check transactions and agree on the correct version of the blockchain.
How Solana is Changing with Alpenglow
Under the current system, validators send large amounts of voting data to the network. Alpenglow will combine many of those votes into one small digital certificate.
For example, it is similar to replacing hundreds of separate approval letters with one signed document that shows everyone has agreed. This reduces the amount of data Solana needs to process.
As a result, the network should have more space for normal transactions. This could help trading platforms, payment apps, and DeFi services process activity faster during busy periods.
Validators must first register new BLS public keys. Solana expects to roll out the upgrade in stages between August and October 2026, although the timetable could change during testing.
Solana’s Price Reacts Ahead of the Upgrade
SOL currently trades near $77, giving it a market capitalization of about $45 billion and a rank of seventh among cryptocurrencies.
The token has dropped 61% over the past year. It has still gained nearly 5% over the past month, a mixed setup for its current price outlook.
What Comes Next Before Mainnet Goes Live
Alpenglow’s activation window still runs from August through October 2026, and Solana has not set an exact date within that range.
The upgrade cannot switch on until enough validators register their keys and the Validator Admission Ticket (VAT) is active. The VAT checks each key before a validator can vote under the new system.
Solana also rolled out governance voting tools this month alongside its Securitize listing on the New York Stock Exchange (NYSE).
Analysts tracking Solana’s seasonal price patterns note that past upgrades have sometimes preceded renewed trading activity. That pattern has not held every time. Whether Alpenglow repeats it will depend on how smoothly validators clear registration before the window closes in October.
The post Solana Prepares for the Alpenglow Upgrade. How Will SOL React? appeared first on BeInCrypto.
Gauntlet, a DeFi risk management and vault curation firm with $1.42 billion in assets under advisement, closed a $125 million Series C funding round with SBI Holdings, the Japanese financial conglomerate, as the sole investor, Gauntlet said on X Thursday. The firm, founded by chief executive Tarun… Read the full story at The Defiant
Prediction market platform Kalshi rolled out its U.S. “Midterms Hub” as it seeks to position itself as the primary reference for election odds in the U.S
The new hub will allow users to observe the outcomes speculators expect in individual U.S. Senate and House of Representatives as the country heads to elections in November, Kalshi said in a press release sent Wednesday.
Kalshi said the Midterms Hub will provide a live snapshot of where users are willing to place their bet at any given time. “It’s designed as the one-stop-shop for state and federal election forecasting picture of where a race stands,” Kalshi said.
The outcomes are based on the latest odds for each market and across a map of the U.S., Kalshi said in the statement.
The hub will also feature polling averages, so potential bettors can see how the prediction market odds compare with what statistical surveys of voters are showing, the latest Federal Election Commission fundraising reports for individual candidates, and curated news and analysis from various outlets.
The announcement follows news reports that Kalshi Inc. is seeking regulatory approval with the Commodity Futures Trading Commission to expand its perpetual contracts outside of crypto.
The US Department of Justice (DOJ) has filed five civil forfeiture complaints seeking more than $25 million in crypto allegedly tied to international investment, romance and recovery scams targeting victims in Canada and the United States.
On Tuesday, the US Attorney’s Office for the District of Columbia and the US Secret Service’s Washington Field Office said that the assets were recovered through separate investigations by the Cyber Fraud Task Force. Investigators identified several laundering networks and confirmed thousands of victims worldwide who were misled into believing they were making legitimate digital asset investments.
The action highlights the growing scale of crypto-enabled romance and investment scams, which often combine social engineering with fraudulent trading platforms and layered wallet transfers to conceal stolen funds.
The largest complaint seeks about $12.1 million linked to romance schemes that defrauded more than 200 victims, with proceeds routed through intermediary addresses and commingled with other victim funds. Another seeks $10.4 million traced to more than 270 suspected victim transactions, while three smaller cases involved fake investment accounts and a secondary scam offering to recover previously stolen funds.
The DOJ said the launderers were predominantly located in Southeast Asia, with related IP addresses in China, Malaysia and Cambodia.
Crypto romance scams face global enforcement push
The complaints follow a recent Interpol-coordinated operation targeting social engineering scams and financial networks used to launder their proceeds. Operation First Light 2026 involved 97 countries and territories, resulted in 5,811 arrests and the interception of $283 million in illicit assets. Interpol said the operation identified more than 142,000 victims and blocked more than 31,000 bank accounts.
As part of the operation, Thai authorities uncovered a network that allegedly converted romance-scam proceeds into crypto and used cross-chain token swaps to obscure the trail. A wallet associated with one suspected money launderer processed more than $122.5 million in crypto over 10 months.
Related: DOJ moves to dismiss charges against alleged $722M BitClub fraudster: Report
US authorities have also pursued crypto assets linked to similar schemes. In February, federal agents seized over $61 million in USDT stablecoin from addresses allegedly used to launder proceeds from fraudulent investment platforms.
Investigators said scammers first gained trust through romantic relationships, then directed them to fake trading platforms before moving their money through multiple wallets.
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