BTC price upside predictions include $68,000 within two weeks and up to $80,000 next month, contrasting with warnings of a 2022 bear-market rerun for the rest of 2026. Bitcoin (BTC) may hit up to $80,000 by August, a new prediction says as data lays out key nearby BTC price levels. Key points: Read more
The Czech Finance Ministry added Polymarket to its blacklist of unauthorized online gambling websites, requiring internet providers to block access within 15 days. The Czech Finance Ministry added Polymarket to its list of unauthorized online gambling websites on Monday, requiring internet service providers (ISP) to block access. The ministry listed the prediction market’s website under the country’s Gambling Act, which prohibits operators from offering unlicensed online gambling services to Czech users. Under the Gambling Act, ISPs must block access to websites included on the ministry’s blacklist within 15 days of publication of the name. Read more
Cathie Wood’s ARK Invest added $13.9 million worth of Circle shares on Tuesday, extending its July buying spree to 725,517 shares amid a steep stock decline. Cathie Wood’s ARK Invest is doubling down on its bet on USDC issuer Circle even as the company’s stock remains under pressure. ARK bought another 220,000 shares of Circle Internet Group (CRCL) across three of its actively managed exchange-traded funds on Tuesday, according to the company’s daily trade disclosure reviewed by Cointelegraph. Based on Circle’s Tuesday closing price of $63.22 on the New York Stock Exchange, ARK’s latest purchase was worth about $13.9 million. Read more
Stripe and Advent reportedly offered to buy PayPal for $53 billion, at a 28% premium compared to the company’s Tuesday closing price. Payments company Stripe and private equity firm Advent International reportedly made a joint offer to acquire PayPal Holdings. The offer includes about $50 billion in committed financing, Reuters reported Wednesday, citing sources familiar with the matter. The joint offer seeks to acquire PayPal at $60.50 per share, which would value the company at a 28% premium to PayPal’s Tuesday closing price. This is Stripe’s second attempt to acquire PayPal. According to a February Bloomberg report, the payment processing company held early acquisition talks with PayPal, which was facing growing competition from smartphone-based payment services such as Google Pay and Apple Pay. Read more
“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X. Kalshi says it is being put in an “impossible position” after the US commodities regulator on Tuesday said it was blocking the prediction market platform from canceling trades in Michigan, contradicting a recent state court order. On June 29, Kalshi was ordered by Ingham County Circuit Court Judge Rosemarie Aquilina to cease offering sports betting contracts to Michigan users while a lawsuit over whether Kalshi violated the state’s sports betting laws plays out. The Commodity Futures Trading Commission ordered Kalshi on Tuesday not to comply with the state order and continue operating. “We are disappointed by this decision and believe it is unfair to Kalshi,” Robert DeNault, the company’s head of enforcement and legal counsel said in a statement on X. Read more