Cryptonews

U.S. Sen. Adam Schiff, D-Calif., has introduced a new bill restricting prediction markets from allowing traders to bet on war, terrorism and death. The legislation, formally titled the Discouraging Exploitative Assassination, Tragedy, and Harm Betting in Event Trading Systems (DEATH BETS) Act, would explicitly prohibit listing or clearing contracts that reference violent conflict or the loss of human life. One wonders if the Department of Redundancy Department had a hand in naming it.

The price of the PIXEL token fell around 25% today, following a significant increase that started on March 10th. In just two days, PIXEL’s value jumped approximately 265%, rising from a low of $0.0051 to around $0.018 before experiencing a slight dip. Currently, PIXEL is trading at about $0.010, down from a high of $0.014 reached earlier today.

The Tokyo-listed firm, with a flair for drama, revealed the formation of these entities in a move that separates its strategic holding activities from operational revenue generation. It’s like a samurai dividing his sword from his sheath-one for show, the other for the real fight. ‘Bitcoin Japan’ will hold court in the domestic market, while ‘Metaplanet Income’ sets up shop in the United States, presumably to chase the American dream of corporate treasury management and exchange services.

Travis Hill, the FDIC’s high priest of regulatory decree, declared that payment stablecoins shall not partake in the sacred rite of pass-through insurance. Speaking at the American Bankers Association Washington Summit, he wielded the GENIUS Act like a sword, slicing through the fragile hopes of stablecoin holders. “Aha!” he might have cried, “these tokens are but fleeting shadows, not the solid stone of traditional deposits!”

The fight to end this tax nightmare is heating up in Washington, where Congress is currently debating whether Bitcoin should be taxed like a latte or a luxury yacht. Spoiler: they’re leaning toward the yacht.

Old Schiff chimes in with a bit of rhetoric that would make a sermon seem like light reading: “Betting on war and death creates an environment in which insiders can profit off of nonpublic information, our national security is jeopardized, and violence is encouraged. Congress must act.” By Jove, one would think he’s discovered a fellow betting on whether Jeeves will bring the tea on time!

Binance’s CZ, a man who’s seen more crypto winters than a penguin in a freezer, reckons these AI critters’ll be makin’ a million times more payments than humans. And they’ll be usin’ crypto, ‘cause apparently even robots need to grease a pig occasionally.

The lawsuit, filed in federal court in Northern California, accuses JPMorgan of being the financial equivalent of a “see no evil, hear no evil” monkey in a $328 million crypto fraud operated by Goliath Ventures. Because who needs red flags when you’ve got profits, right?

The asset’s been trading between $80 and $87 like a cow in a corral, but Ali Martinez, that old prophet of charts, says the Bollinger Bands have tightened so much they’d make a tightrope walker weep. These bands-two outer ones and a middle one-have been squishing SOL like a lemon at a cookout. And when those bands get all snuggled up, folks, that means trouble. Or opportunity. Or both. Depends on your appetite for heartburn.

OP Labs, the self-proclaimed maestros of the Optimism ecosystem, has taken a leaf from the book of existentialist theatre, trimming its cast to “sharpen strategic focus.” A message from the leadership, delivered with the flair of a Shakespearean soliloquy, declared the move a “refocus on core priorities.”