News
9 Jun 2026, 23:39
Kalshi adds employer checks for traders participating in sensitive prediction markets to curb insider trading

U.S.-registered trading platform Kalshi said some of its traders would be required to disclose their employers when they speculate on the outcome of market outcomes related to corporate earnings, new product introductions and national security-related topics, among others, spokesman said Tuesday. The new compliance layer follows recommendations from Kalshi’s Independent Surveillance Audit Committee, which identified gaps in the platform’s ability to detect insider trading before it occurs. The employer-check requirement targets markets where traders could profit from material nonpublic information, according to the Wall Street Journal . Kalshi currently collects addresses, dates of birth, phone numbers, identity documents and partial Social Security numbers, but employment data has not previously been part of its verification process. The committee found that the current setup at Kalshi would likely result in manual investigation of possible insider relationships on a case-by-case basis only after illegal trading has been suspected. If employee records were also added, the report noted, market surveillance, initial investigations and deterrence capabilities would likely be enhanced. Kalshi’s Independent Committee pushes stronger surveillance measures In addition to the employment check, Kalshi will also offer upgraded whistle-blower features which allow traders to report suspicious market behavior directly on market pages. The exchange also revealed that over 20 referrals were submitted to regulators and law enforcement authorities by Kalshi in the first quarter of 2026 based on perceived issues of insider trading and market manipulation. One referral reportedly involved former Rep. George Santos (R-N.Y.), who was reported to federal authorities after Kalshi detected suspicious trading activity tied to a market on whether he would attend President Donald Trump’s State of the Union address. Santos has denied wrongdoing. Compliance push comes amid Polymarket insider trading cases Kalshi’s new measures arrive as federal prosecutors pursue insider trading-related cases tied to rival prediction market platform Polymarket. As Cryptopolitan earlier reported , Polymarket updated its market integrity rules earlier this year, extending restrictions on insider trading and market manipulation across its platform. In April, a U.S. Army soldier was charged with allegedly using classified information related to Venezuelan leader Nicolas Maduro’s capture to place profitable trades on Polymarket. In May, a Google employee was charged with allegedly using confidential data from Google’s annual search trends report to generate roughly $1.2 million in trading profits on the platform. Polymarket operates primarily outside the United States after a 2022 settlement with the Commodity Futures Trading Commission required it to wind down noncompliant U.S.-facilitated markets. Kalshi already maintains restrictions on participation in certain event contracts by individuals with direct access to sensitive information. The company recently added facial-recognition verification and said employment information generally will not be verified proactively. Instead, proof of employment may be requested if suspicious trading activity triggers an investigation. Meanwhile, regulators and lawmakers continue debating whether the growing prediction market industry can effectively police insider trading risks. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
9 Jun 2026, 23:30
Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC

On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to a low of 13, a sign that the stablecoin supply is high relative to the BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new post on X, CryptoQuant analyst Maartunn has discussed the latest trend in the RSI of the Bitcoin SSR. The “SSR” is an on-chain indicator that measures the ratio between the market cap of BTC and the combined valuation of all stablecoins. Related Reading: XRP Could Offer Major Buying Opportunity At $0.90, Analyst Says Stablecoins, digital assets that have their price pegged to a fiat currency, serve a different purpose in the sector than volatile assets like BTC. Generally, investors store their capital in the form of stablecoins whenever they want to avoid the volatility associated with other cryptocurrencies. These holders tend to eventually venture back into BTC and other coins, and when they do, they swap their stables in favor of them. Because of this, stablecoins are often looked at as a representation of the potential “dry powder” waiting on the sidelines for the volatile side of the sector. As the SSR tracks the market cap of Bitcoin against these assets, it essentially tells us about how the value of the number one cryptocurrency compares to this dry powder. In the context of the current topic, the SSR itself isn’t directly of relevance, but rather its Relative Strength Index (RSI), a momentum oscillator tracking the magnitude and speed of recent changes in the metric. Now, here is the chart shared by Maartunn that shows the trend in the Bitcoin SSR RSI over the last few years: As displayed in the above graph, the Bitcoin SSR RSI has witnessed a notable drawdown recently and has entered into the “undervalued” zone. This means that the SSR has declined enough that it may be probable to see a rebound. Currently, the indicator is sitting at a value of 13, which is quite low when compared to the past. “There’s a lot of stablecoin liquidity sitting on the sidelines relative to Bitcoin’s market cap,” noted the analyst. This low has arrived as BTC and other assets have observed a steep bearish trajectory. It now remains to be seen whether investors will start deploying the excess stablecoin capital into the market to buy at these lower prices, potentially helping the assets stabilize. Related Reading: Bitcoin Recovery Needs This To Happen, Glassnode Analyst Reveals In some other news, the recent Bitcoin drawdown has meant that a huge amount of supply has entered into a state of loss. As highlighted by Maartunn in another X post, 52% of the cryptocurrency’s supply in circulation is now underwater. BTC Price At the time of writing, Bitcoin is floating around $62,700, down nearly 10% in the last seven days. Featured image from Dall-E, chart from TradingView.com
9 Jun 2026, 23:30
Bitcoin Close To Setting A New Record Despite Price Crash, But Can This Save BTC?

Market experts note that Bitcoin (BTC) is currently showing a strange mix of strength and weakness, with transaction activity climbing toward record levels even as its price continues to fall. At the moment, the market is under severe bearish pressure, yet on-chain data suggests a major shift could be underway. If this bullish trend continues, the key question remains whether it could help support a Bitcoin price recovery and prevent further downtrends. Bitcoin High Transaction Count To Hit Record Levels Soon Bitcoin is seeing an unusual spike in on-chain activity even as its price continues to bleed . Sharing a CryptoQuant chart showcasing the sharp spike, crypto analyst Darkfost highlighted that a historic change of hands is now playing out, with BTC transactions approaching an all-time high based on the 30-day Moving Average (MA). Darkfost noted that Bitcoin’s price decline has accelerated sharply in June, declining by roughly 19% just this week and adding further pressure to its already fragile structure. Despite the downtrend, the analyst noted that the cryptocurrency’s average monthly transaction count is now around 640,000. He noted that this level is close to what was last seen during the 2024 BTC price correction, when the crypto network recorded a whopping 666,000 transactions in September, marking one of its busiest periods. Darkfost noted that the recent surge in BTC on-chain activity is unusual compared to previous cycles, as rising transaction counts typically coincide with bullish phases or market tops . However, the current trend indicates that BTC is firmly in bearish territory and has declined below previously presumed bottom levels. As a result, the analyst described the current surge in transaction activity as a major “capitulation episode” and one of the most significant “change of hands” in Bitcoin’s history. Given the extent of BTC’s bearish trend, it remains unclear whether increased transaction activity alone can lift the cryptocurrency’s price out of its downtrend. Short-Term Sellers See Heavy Losses As BTC Price Drop Continues In a separate analysis, Darkfost noted that short-term Bitcoin holders are facing major losses after reacting strongly to the latest Bitcoin price drop. According to him, holders with positions under six months were hit the hardest when BTC’s price slipped below $60,000 during last week’s correction. Over a 24-hour window, at the height of the decline, Darkfost stated that more than 60,200 BTC were sent to exchanges by short-term holders. Of that total, over 59,000 BTC were moved at a loss, marking the largest negative returns for this group since February. The data showed that emotional selling played a major role in the move, with newer market participants locking in losses under pressure. This trend shows how quickly sentiment can shift during sharp corrections, especially among short-term traders.
9 Jun 2026, 23:15
Why is CAKE’s price up today? Capitulation low, support reclaim & more…

PancakeSwap sustains recovery momentum above support, while key resistance levels remain ahead.
9 Jun 2026, 23:15
Silver Price Forecast: XAG/USD Slips Toward $68.00 as Fed Rate Hike Expectations Intensify

BitcoinWorld Silver Price Forecast: XAG/USD Slips Toward $68.00 as Fed Rate Hike Expectations Intensify Silver prices edged lower during Tuesday’s trading session, with XAG/USD hovering near the $68.00 mark as market participants increasingly priced in the likelihood of further interest rate hikes by the Federal Reserve. The precious metal, which has been under pressure from a strengthening US dollar and rising bond yields, now faces a critical technical test at this key support level. Fed Rate Hike Bets Weigh on Silver The latest shift in market sentiment follows stronger-than-expected US economic data, including robust employment figures and sticky inflation readings. According to the CME FedWatch Tool, the probability of a 25-basis-point rate hike at the next Federal Open Market Committee (FOMC) meeting has risen above 60%, up from roughly 40% a week ago. Higher interest rates increase the opportunity cost of holding non-yielding assets like silver, making them less attractive to investors. Silver, often seen as both a precious metal and an industrial commodity, is particularly sensitive to changes in monetary policy expectations. A more hawkish Fed outlook typically strengthens the US dollar, which in turn pressures dollar-denominated commodities. The US Dollar Index (DXY) has climbed to a three-week high, adding to headwinds for XAG/USD. Technical Levels to Watch From a technical perspective, the $68.00 level represents a significant support zone for silver. This area has acted as both resistance and support in recent months, and a decisive break below it could open the door for a move toward the $66.50 region, the next major support level. On the upside, resistance is seen near $69.50, followed by the psychological $70.00 mark. Traders are closely watching the 50-day moving average, which has flattened in recent sessions, suggesting a loss of bullish momentum. The Relative Strength Index (RSI) on the daily chart has dipped below 50, indicating that bearish momentum is building. A sustained move below the 50-day moving average would reinforce the bearish outlook. What This Means for Silver Investors For investors holding silver or considering entry points, the current environment requires careful risk management. The precious metal is caught between competing forces: on one hand, rising rate expectations and a stronger dollar are bearish; on the other, ongoing geopolitical uncertainties and strong industrial demand—particularly from the solar energy and electronics sectors—provide underlying support. Silver’s dual nature as both a monetary metal and an industrial input means its price trajectory may diverge from gold in the near term. While gold has also faced headwinds from higher rates, silver’s industrial demand component could offer a floor if global manufacturing activity picks up. Conclusion Silver’s decline toward $68.00 reflects the market’s repricing of Federal Reserve policy expectations. The near-term outlook remains tilted to the downside as long as rate hike bets continue to support the US dollar. However, silver’s industrial demand fundamentals and its role as a portfolio hedge mean that any further weakness may attract bargain hunters. Traders should monitor upcoming US economic data, particularly the Consumer Price Index (CPI) and Fed minutes, for further directional cues. FAQs Q1: Why does a Fed rate hike affect silver prices? Higher interest rates increase the opportunity cost of holding non-yielding assets like silver, as investors can earn returns from interest-bearing instruments. A rate hike also typically strengthens the US dollar, which makes dollar-denominated commodities more expensive for foreign buyers. Q2: What is the key support level for silver right now? The immediate support level is near $68.00. A decisive break below this level could lead to further declines toward $66.50, which is the next major support zone. Q3: Is silver a good investment during a rising rate environment? Silver tends to underperform during periods of rising interest rates due to the strength of the US dollar and higher yields. However, its industrial demand—especially from renewable energy and electronics—can provide a buffer. Investors should consider their risk tolerance and time horizon before making allocation decisions. This post Silver Price Forecast: XAG/USD Slips Toward $68.00 as Fed Rate Hike Expectations Intensify first appeared on BitcoinWorld .
9 Jun 2026, 23:10
British Pound Holds Steady Near Mid-1.3300s Against US Dollar as Upside Momentum Fades

BitcoinWorld British Pound Holds Steady Near Mid-1.3300s Against US Dollar as Upside Momentum Fades The British Pound is trading in a narrow range around the mid-1.3300s against the US Dollar on Tuesday, as currency markets digest recent economic data and shifting expectations for central bank policy. The pair has struggled to build on earlier gains, with analysts pointing to a lack of fresh catalysts to drive a decisive breakout. GBP/USD Consolidation Reflects Cautious Market Sentiment Sterling has been hovering near the 1.3350 level after failing to sustain a push above 1.3400 earlier this week. The consolidation comes as traders weigh the implications of the latest UK inflation figures, which showed a modest decline in the headline rate but persistent core price pressures. Market participants are now pricing in a roughly 60% probability that the Bank of England will hold rates steady at its next meeting, though a cut later in the year remains on the table. On the US side, the Dollar Index has found some support after a recent pullback, helped by comments from Federal Reserve officials who have pushed back against expectations of aggressive rate cuts. The market is currently pricing in around 75 basis points of Fed easing by year-end, but a stronger-than-expected jobs report or inflation print could quickly shift those expectations. Key Levels to Watch for GBP/USD From a technical perspective, the 1.3300 level has emerged as near-term support, with the 50-day moving average sitting just below at 1.3280. On the upside, resistance is seen at 1.3400, followed by the 200-day moving average near 1.3480. A break above that zone would open the door for a test of the 1.3600 area, though such a move would likely require a significant shift in market sentiment or a clear catalyst. Volume data suggests that institutional flows have been relatively balanced, with no clear directional bias emerging. Options markets show that traders are pricing in a range-bound scenario, with implied volatility declining over the past week. What This Means for Traders and Investors For short-term traders, the lack of momentum means that breakout strategies may be less effective in the current environment. Instead, range-trading approaches or waiting for clearer signals from economic data or central bank communications may be more prudent. For longer-term investors, the Pound’s valuation remains attractive relative to historical averages, but the path of least resistance depends heavily on the relative pace of monetary easing between the BoE and the Fed. The next major test for the pair will come with the release of US GDP data later this week, followed by the Bank of England’s policy decision in early May. Until then, the mid-1.3300s are likely to remain the center of gravity for GBP/USD. Conclusion The British Pound is consolidating in the mid-1.3300s against the US Dollar, with upside limited by a lack of fresh catalysts and cautious market positioning. Traders are watching key support and resistance levels as they await the next round of economic data and central bank guidance. The near-term outlook remains neutral to slightly bearish, but a clear breakout in either direction would require a significant shift in fundamentals. FAQs Q1: Why is GBP/USD consolidating in the mid-1.3300s? The pair is consolidating because traders are weighing mixed signals from UK inflation data and Fed policy expectations, with no clear catalyst to drive a breakout above 1.3400 or below 1.3300. Q2: What are the key support and resistance levels for GBP/USD? Support is at 1.3300 and the 50-day moving average near 1.3280. Resistance is at 1.3400, followed by the 200-day moving average near 1.3480. Q3: What could trigger a breakout in GBP/USD? A breakout could be triggered by a significant surprise in US GDP data, a shift in Fed or Bank of England rhetoric, or a major geopolitical or economic event that alters risk sentiment. This post British Pound Holds Steady Near Mid-1.3300s Against US Dollar as Upside Momentum Fades first appeared on BitcoinWorld .

































