In its annual predictions report, Galaxy’s analysts said onchain dollar transfers could process more volume next year than the US bank system that handles payroll and bill payments. Stablecoins could process more transaction volume than the US Automated Clearing House system in 2026, as regulatory clarity and rising adoption expand their usage, according to a new forecast. Galaxy Research, the research arm of digital asset company Galaxy Digital, pointed to existing transaction data and regulatory developments to support its prediction, noting that “stablecoin transactions already eclipse major credit card networks such as Visa and now process roughly half the transaction volume of the automated clearing house (ACH) system.” Thad Pinakiewicz, vice president of research, said stablecoin supply has continued to grow at a 30%–40% compound annual growth rate, with transaction volumes rising alongside issuance. Galaxy also cited the expected implementation of definitions under the GENIUS Act in early 2026 as a fac...
DraftKings launches a prediction markets app in 38 states, setting the stage for future crypto-linked contracts under a regulated US derivatives framework. DraftKings is expanding beyond sports betting into the realm of prediction markets, laying the groundwork for future crypto-linked contracts as regulated event trading gains momentum in the United States. As Bloomberg reported, the company announced on Friday that it has launched the DraftKings Predictions app, which allows users to trade contracts on sports and financial outcomes. At launch, the app is available in 38 states, with sports-related trading permitted in 17 of them. DraftKings ultimately plans to expand its prediction market offerings beyond sports and finance to include contracts linked to crypto, entertainment and cultural events, according to Bloomberg. Read more
DraftKings launches a prediction markets app in 38 states, setting the stage for future crypto-linked contracts under a regulated US derivatives framework. DraftKings is expanding beyond sports betting into the realm of prediction markets, laying the groundwork for future crypto-linked contracts as regulated event trading gains momentum in the United States. As Bloomberg reported, the company announced on Friday that it has launched the DraftKings Predictions app, which allows users to trade contracts on sports and financial outcomes. At launch, the app is available in 38 states, with sports-related trading permitted in 17 of them. DraftKings ultimately plans to expand its prediction market offerings beyond sports and finance to include contracts linked to crypto, entertainment and cultural events, according to Bloomberg. Read more
Bitcoin and several major altcoins are attempting to start a recovery, but negative investor sentiment and selling at the range highs are preventing a stronger bull trend from forming. Key points: Bitcoin is attempting a recovery from the $84,000 level, but the bears continue to sell on rallies. Several major altcoins are struggling to start a recovery, but Bitcoin Cash looks strong in the near term. Read more
Bitcoin and several major altcoins are attempting to start a recovery, but negative investor sentiment and selling at the range highs are preventing a stronger bull trend from forming. Key points: Bitcoin is attempting a recovery from the $84,000 level, but the bears continue to sell on rallies. Several major altcoins are struggling to start a recovery, but Bitcoin Cash looks strong in the near term. Read more