The amount of Bitcoin supply in profit and loss is now getting closer to levels typical of a bear market, according to a CryptoQuant analyst.There are currently about 11.2 million Bitcoin (BTC) in profit. The previous bear market recorded 9 million BTC in profit at its lowest point, CryptoQuant analyst “Darkfost” said Thursday. CryptoQuant data also shows there are about 8.2 million Bitcoin at a loss, with Glassnode data confirming it’s at levels not seen since late 2022. “This is quite significant, considering that during the last bear market this figure reached about 10.6 million BTC,” Darkfost said. Analysts have been debating whether…

The Trump administration is suing Illinois, Connecticut, Arizona, and their gaming regulators over the federal government’s right to regulate prediction markets.The Commodity Futures Trading Commission (CFTC) and the US Department of Justice filed separate lawsuits on Thursday against the three states.In 2025, those states and their gaming regulators sent cease and desist letters to prediction platforms, including Kalshi and Polymarket, claiming that the event contracts offered by the platforms violated state gambling laws and licensing requirements.The federal financial regulator’s lawsuit against Illinois Governor JB Pritzker, Attorney General Kwame Raoul and the Illinois Gaming Board argues that the Illinois Gaming Board…

AI & Crypto

Read More

Politics

Don't Miss!