Bitcoin Hit Its Highest Price Since January—Why VanEck Analysts See More Potential Gains

In brief Bitcoin’s funding rate turned negative to -1.8%, its lowest since 2023—a historically bullish signal according to VanEck analysts. Hash rate recovery after three recent decline episodes suggests favorable conditions ahead, the analysis shows. Bitcoin’s price rose above $79,000 this week for the first time since January. After Bitcoin popped to its highest price…

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Brazil Bans 27 Prediction Platforms, Including Kalshi and Polymarket

Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket. The decision, announced Friday, follows a directive from the Ministry of Finance and enforcement by the National Telecommunications Agency (Anatel), according to state-owned news outlet Agência Brasil. Authorities claimed that such services fall outside Brazil’s current legal framework and therefore…

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