Pantera Capital investor on Hyperliquid's USDH, Paradigm's Tempo, and the massive potential of stablecoins

- Kalshi sues New York over sports betting ban, claiming CFTC's federal jurisdiction under the Supremacy Clause. - New York alleges Kalshi operates unlicensed contracts as "sports wagering," demanding compliance with state gambling laws. - Legal experts highlight federal courts' prior favor toward Kalshi, citing CFTC's 2020 DCM designation as regulatory shield. - Case could set precedent for state-federal regulatory conflicts, with Kalshi risking $50M+ annual revenue if banned in New York. - Mixed judicial

- IBM launches Digital Asset Haven with Dfns to secure tokenized assets across 40+ blockchains, offering custody, compliance, and multi-party approvals. - Platform integrates hardware security, MPC/HSM signing, and offline cold storage to meet global regulatory standards for institutional digital asset management. - Growing institutional demand for tokenization drives IBM’s SaaS platform, aligning with its quantum computing and hybrid cloud strategies to dominate digital finance.

- Bitcoin consolidates near $115,000 as miner reserves stabilize and on-chain metrics ease sell pressure, with analysts eyeing a potential $120,000 breakout toward $125,000–$130,000. - Institutional demand via ETFs and Layer-2 adoption boosts miner profitability, while Fed rate cuts and U.S.-China trade easing add macroeconomic catalysts for upward momentum. - Technical indicators show balanced inflows and RSI recovery, but risks persist below $110,000, threatening miner solvency and macro-driven sell-offs

- Pump.fun's acquisition of Padre triggered a 10% PUMP price surge to $0.0043, with a whale accumulating $16.38 million in the token. - The move aims to enhance trading incentives on Solana but sparked controversy as PADRE plummeted 76% post-announcement, leaving users demanding compensation. - PUMP now approaches $0.005 resistance after consolidation, while PADRE holders criticize the phased-out utility and lack of airdrops for the acquired terminal's native token.