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โ ๏ธWorld Chain Weekly Hourly Summary:
Reporting Period: 02:00 - 03:00
๐ฅ CFTC sues Wisconsin, federal and state conflicts over prediction market regulation escalate
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Wisconsin, targeting the governor and other government officials, intensifying the conflict between federal and state regulation of prediction markets.
๐ฅ Bernstein cuts IREN target price, expects full shift to AI and abandonment of Bitcoin mining
Bernstein analysts expect IREN's AI cloud business to grow significantly over the next few years, while its Bitcoin operations will disappear entirely.
๐ฅ CFTC sues Wisconsin to defend prediction market regulation authority
The U.S. Commodity Futures Trading Commission (CFTC) has included Wisconsin in its list of states under its jurisdiction for event contracts, after previously suing New York.
๐ฅ Alchemy and Privy launch technical integration to ease on-chain financial pain points
Alchemy and Privy announce a technical integration aimed at solving pain points in crypto usage and optimizing on-chain financial experiences.
๐ฅ Bitwise CIO: Strategy-driven Bitcoin rally may "continue for a while"
Bitwise's Chief Investment Officer states that the strategy-driven Bitcoin rally may "last for some time." Strategy has issued the STRC token, helping the company accumulate over $7 billion in BTC in recent weeks.