Invest ideasNews
26 Mar 2026, 13:00
Is Washington About To Kill Crypto Prediction Markets For Good? — Why Congress Suddenly Cares
Two different acts banning congressional staff, members of congress and federal officials from trading on prediction markets were introduced on Wednesday, March 25, one of them being effective immediately. Massachusetts Bans Crypto Prediction Market Washington’s battle against prediction markets rages on. Following a bipartisan Senate bill introduced on Monday that targets sports‑style bets on platforms like Polymarket and Kalshi, democratic representative Seth Moulton of Massachusetts (MA-06) formally banned all of his staff from “participating in prediction markets”, such as the aforementioned, “to trade or hold positions on political, legislative, regulatory, geopolitical outcomes, or any information that is learned in an official capacity”. The press release frames it as the first such explicit office-wide ban in Congress. Moulton’s rationale is clear: staff are meant to serve constituents, not profit from policy choices and global events. As he views it, prediction markets have become ethically questionable “playgrounds for corrupt insiders”: Prediction markets have become a playground for corrupt insiders who are able to place bets on things like election outcomes, wars, and even the deaths of public figures. This is creating a perverse incentive structure that poses a genuine threat to American society today. Congressional staff and the Members they work for exist to serve the constituents of the districts they represent, not to profit off of the very policy decisions and world events that we are here to respond to. Nebraska Bans Crypto Prediction Market Too On Nebraska’s side, Congressman Adrian Smith (R-NE-03) and Congresswoman Nikki Budzinski (D-IL-13) introduced the Preventing Real-time Exploitation and Deceptive Insider Congressional Trading Act (PREDICT Act), another bipartisan effort that aims to ban members of Congress, their spouses and children, the president and vice president, and senior appointees from trading on political and policy outcome markets. Their core argument and statement are very similar to Moulton’s. Recent episodes of little‑known traders making massive profits on contracts tied to war with Iran or the length of government shutdowns have sharpened fears about insider information leaking into these markets. Smith said: Serving the American people is a privilege, not a pathway to profit. Our commonsense, bipartisan bill will give Americans confidence that the decisions of their elected officials are guided by merit, not personal profit. Budzinski added: The American people are tired of politicians using their influence for personal gain, and the rise of prediction markets has made those concerns even more relevant. In recent months, we’ve seen instances of little-known traders making massive profits on events ranging from war with Iran to how long a government shutdown will last, raising necessary questions about the use of inside information. Breaking the PREDICT Act would trigger a civil fine equal to 10% of the value of the banned trade, plus a requirement to hand over all profits from it to the U.S. Treasury, the announcement states. A Growing Concern For Washington? These new episodes come on top of earlier efforts like Rep. Ritchie Torres’s Financial Prediction Markets Public Integrity Act , following the capture of Venezuela’s former dictator Nicolás Maduro, which also targeted insider trading on platforms such as Polymarket. For on‑chain and offshore prediction markets, a hard ban on US officials could actually de‑risk the space by reducing headline “insider” scandals, but it also raises the odds of stricter KYC and monitoring requirements in the US. As it becomes increasingly clear that Washington has its attention set on ethically questionable crypto ventures, it is not too far-fetched to think that similar logic could be extended to other high‑beta crypto venues where policy and profit visibly collide (e.g., tokens tightly linked to election or war outcomes). Traders would do well pricing in regulatory overhang alongside usual market risk. Cover image from Perplexity, BTCUSD chart from Tradingview
26 Mar 2026, 13:00
MARA Executes $1 Billion Bitcoin Sale To Slash Convertible Debt And Ease Dilution Concerns
MARA executed large bitcoin sales and repurchased convertible notes below face value. The mining company addressed debt load and eased equity dilution risks for stakeholders. Continue Reading: MARA Executes $1 Billion Bitcoin Sale To Slash Convertible Debt And Ease Dilution Concerns The post MARA Executes $1 Billion Bitcoin Sale To Slash Convertible Debt And Ease Dilution Concerns appeared first on COINTURK NEWS .
26 Mar 2026, 12:58
Fannie Mae Collaborates With Coinbase to Launch Crypto Mortgages
Fannie Mae is set to support crypto-backed mortgages, allowing borrowers to use digital assets like bitcoin as collateral. The move signals deeper integration of crypto into traditional housing finance. Crypto-Backed Home Loans Set to Launch in Industry First Fannie Mae is preparing to support a new type of mortgage that allows borrowers to use cryptocurrency
26 Mar 2026, 12:58
Hashdex Nasdaq ETF Adds Cardano and Chainlink to XRP and Solana Holdings
Hashdex has widened the scope of its flagship crypto exchange-traded fund, signaling growing confidence in diversified digital asset exposure. The firm’s latest annual filing reveals a strategic shift that reflects both investor demand and evolving regulatory clarity. Consequently, the Hashdex Nasdaq CME Crypto Index ETF now tracks a broader basket of cryptocurrencies, positioning itself more competitively in a rapidly expanding ETF market. Broader Portfolio Signals Strategic Shift Hashdex launched the ETF in late 2025 with five core digital assets. These included Bitcoin, Ether, XRP, Solana, and Stellar. However, the latest filing confirms the addition of Cardano and Chainlink before year-end. As a result, the fund now tracks seven major cryptocurrencies. Moreover, this expansion highlights a deliberate move toward diversification. Investors increasingly seek exposure beyond Bitcoin and Ether. Hence, including Cardano and Chainlink strengthens the ETF’s appeal to a wider audience. The updated structure also aligns with broader market trends favoring multi-asset crypto products. The filing further reports total net assets of $1.213 billion by December 31. Additionally, the ETF recorded a net asset value of $22.71 per share. Its market price closely matched that figure, indicating efficient price tracking. Competitive Landscape Heats Up The ETF’s expansion comes amid rising competition in the crypto investment space. Significantly, regulatory approval in late 2025 opened doors for multiple asset managers. Consequently, firms rushed to launch or convert products into ETF structures. Moreover, established players have already secured strong positions. Bitwise converted its flagship fund into an ETF and now leads the segment by assets. Similarly, Grayscale transitioned its large-cap crypto fund into an ETF format earlier in 2025. Additionally, Franklin Templeton entered the market with a Bitcoin and Ether-focused offering. Therefore, Hashdex’s move reflects both opportunity and pressure. The firm must innovate to remain competitive in a crowded field. Solana Price Faces Technical Pressure Meanwhile, Solana has experienced short-term price weakness despite broader ETF developments. The asset as of press time trades at $87.54, marking a daily decline of over 5% . It also slipped more than 2% over the past week. According to ChiefraT, Solana continues to form a rising wedge pattern. This structure often signals weakening upward momentum. However, buyers still defend support near the $86 to $88 range. Additionally, the $90 to $92 zone now acts as a key pivot level. If the price holds above this range, it may test resistance between $96 and $98. However, failure near resistance could trigger a decline toward $84.
26 Mar 2026, 12:55
Marathon Digital Sheds Bitcoin Holdings to Repurchase Bonds at Discount
Marathon Digital sold over 15,000 bitcoins, earning about $1.1 billion in early March. The proceeds funded discounted buybacks of $1 billion in convertible bonds due 2030 and 2031. Continue Reading: Marathon Digital Sheds Bitcoin Holdings to Repurchase Bonds at Discount The post Marathon Digital Sheds Bitcoin Holdings to Repurchase Bonds at Discount appeared first on COINTURK NEWS .
26 Mar 2026, 12:52
Nvidia Faces Class Action Over Crypto Mining Revenue Disclosure Gaps
Nvidia is being sued for hiding how much of its gaming GPU revenue came from crypto miners. The class action covers fiscal 2018, a period when quarterly revenue surged 52% and 25% year-over-year. Shareholders allege the company deliberately obscured the fact that Ethereum mining demand was driving those numbers, not gaming. The stakes extend beyond Nvidia. As the primary infrastructure-layer supplier to the GPU mining ecosystem, any regulatory cloud over its disclosure practices ripples into how investors price exposure across the entire supply chain. Now the Supreme Court has entered the picture. It is reviewing the 9th Circuit’s decision allowing the suit to proceed, turning a corporate disclosure dispute into a potential landmark ruling on securities pleading standards. This just got a lot bigger than one company’s accounting. Key Takeaways: Case detail: Nvidia settled a parallel SEC enforcement action in May 2022 for $5.5 million after regulators found it failed to disclose crypto mining’s material impact on gaming GPU revenue in fiscal Q2 and Q3 2018. Legal mechanism: The class action turns on PSLRA pleading standards — plaintiffs lack internal documents proving CEO Jensen Huang knew exact mining revenue shares, but argue employee-level crypto trend tracking constitutes constructive knowledge sufficient to survive dismissal. Market implication: A Supreme Court ruling that loosens PSLRA pleading thresholds would expand litigation exposure for any public company with material crypto-derived revenue — a direct risk vector for mining hardware suppliers and adjacent equities. The Allegation: Crypto Revenue Classified as Gaming Demand Nvidia told investors its gaming GPU revenue growth reflected gamer demand. It did not. Cryptocurrency miners were bulk-buying GeForce cards to mine Ethereum during the 2017 boom cycle. When Bitcoin crashed in 2018 and mining economics collapsed, GPU demand evaporated and gaming revenue fell sharply. The revenue base was never what Nvidia said it was. A U.S. federal court ruled that a lawsuit against Nvidia and CEO Jensen Huang over alleged concealment of crypto mining-related GPU revenue can proceed as a class action, covering investors between Aug. 10, 2017 and Nov. 15, 2018; plaintiffs claim Nvidia hid over $1 billion in… pic.twitter.com/fIv50rmP9J — Wu Blockchain (@WuBlockchain) March 26, 2026 The internal awareness is what makes this difficult to defend. During the 2 quarters with 52% and 25% year-over-year spikes, Nvidia’s own employees were actively tracking crypto market trends and their correlation with GPU sales. Plaintiffs argue that makes executive statements attributing growth to gaming not just incomplete but knowingly misleading. Nvidia’s own Q4 FY2019 results did the damage retroactively. The company explicitly linked the gaming and OEM revenue decline to cryptocurrency mining downturns. That admission directly contradicts the earlier framing. The SEC already agreed something went wrong. Enforcement Division Crypto Assets and Cyber Unit Chief Kristina Littman stated that Nvidia’s disclosure failures deprived investors of critical information to evaluate the company’s business in a key market. Nvidia paid $5.5 million and signed a cease-and-desist without admitting wrongdoing. That settlement structure is the core of the civil case now. Nvidia preserved its technical defense by not admitting fault. But the SEC finding functionally validates the factual allegation. The class action is not relitigating whether the disclosure failure happened. It is litigating who bears the financial consequences. The Strategic Signal: Infrastructure-Layer Risk for Mining Markets Nvidia supplies the dominant share of discrete GPUs used in proof-of-work mining operations. Mining companies — whether publicly listed operators or sovereign-scale entities like Bhutan’s state mining program liquidating Bitcoin holdings into Binance — depend on Nvidia hardware pricing and availability as a primary cost input. Any sustained legal or regulatory uncertainty over Nvidia’s disclosure practices introduces a new variable into GPU procurement planning and equity valuation models for mining-adjacent companies. The channel through which the lawsuit affects sentiment is investor trust, not GPU pricing directly. If the Supreme Court tightens PSLRA standards and dismisses the case, it effectively insulates tech companies from class actions built on circumstantial inference, reducing securities litigation risk across the sector. If the Court upholds the 9th Circuit and the class action proceeds to discovery, plaintiffs gain access to internal communications, which historically is where these cases settle expensively. Mining equities like Bitmine, currently accumulating ETH as a strategic reserve asset , carry indirect exposure through Nvidia’s role as GPU supplier — a guilty verdict or major settlement reframes how the market prices crypto-hardware dependency risk across the board. Ethereum’s Merge in September 2022 already eliminated GPU-based ETH mining as a demand driver, and Nvidia’s 2021 launch of dedicated Cryptocurrency Mining Processor (CMP) products with hash rate limiters on GeForce cards was a deliberate structural separation of markets. The litigation relitigates a period that no longer operationally exists — but the precedent it sets for revenue source disclosure requirements is entirely forward-looking. Discover: The best crypto to diversify your portfolio with The post Nvidia Faces Class Action Over Crypto Mining Revenue Disclosure Gaps appeared first on Cryptonews .
