Trust Wallet is the latest crypto wallet to tap into prediction markets, starting with Myriad, highlighting an increasing trend of bundled trading tools. Trust Wallet, the self-custodial crypto wallet owned by Binance co-founder Changpeng “CZ” Zhao, is the latest wallet to tap into prediction markets. Trust Wallet has launched Predictions, a new wallet-native section allowing users to trade and earn on real-world events with full self-custody, the company announced Tuesday. “Eligible users can view events, take positions on outcomes such as yes or no and track how each event develops over time, all within their existing Trust Wallet,” Trust Wallet said. Read more
Bitcoin velocity RSI produced a rare bear market bottom signal as BTC price losses sparked a return to extreme "oversold" conditions. Bitcoin (BTC) is printing a key bear market bottom signal at $87,000 as analysis says that BTC price history may repeat. Key points: Bitcoin’s velocity RSI metric returns to levels seen only around bear market bottoms. Read more
The UK is reportedly considering a ban on political crypto donations as Reform UK tops the polls, raising questions about funding transparency and potential foreign influence. The United Kingdom is considering a ban on crypto donations to political parties, a move that would directly affect Reform UK and its leader, Nigel Farage, who have leaned into digital assets as part of a pitch for a crypto revolution in Britain, according to Politico. The option is being discussed as part of an Elections Bill intended to bolster trust in politics, even though a ban was not included in an earlier policy paper, Politico reported on Tuesday, citing people familiar with the matter. The report claimed that a government spokesperson did not deny that the plan is under review, saying further details will be set out in the bill. Read more