Today’s Insider ⬇️
🤝 Private Investment: NBA star Giannis Antetokounmpo becomes shareholder in prediction market Kalshi
🚀 Market Expansion: Tether scales up with eccentric VC portfolio and aggressive hiring plan: report
🏦 Stablecoin Adoption: CFTC expands payment stablecoin criteria to include national trust banks
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $70,906 | +2.44% | -26.37% |
Ethereum | $2,096 | +0.69% | -20.26% |
Solana | $87 | -0.78% | -55.44% |
XRP | $1.43 | -0.12% | -40.76% |
S&P 500 | $6,932 | +1.97% | +13.95% |
Gold | $4,966 | +2.03% | +70.09% |
1. Giannis Antetokounmpo Joins Kalshi as Investor, Boosting Mainstream Appeal
Private investment: NBA star Giannis Antetokounmpo becomes the first active player to invest in Kalshi, a federally regulated prediction market platform offering “yes-or-no” event contracts across sports, politics, and entertainment.
🔎 Insider Insight: Antetokounmpo’s investment highlights the growing mainstream appeal of prediction markets, particularly as they navigate the crossover between trading and sports betting. Kalshi’s partnerships with athletes and media outlets like CNN signal its ambition to dominate the event-driven trading space.
Top Crypto Insider Pick of 2025
BlockchainFXIs Transforming Global Trading Through DeFi Innovation
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $13 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.031, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Tether Expands Portfolio with 140 Investments and Plans 150 New Hires
Market expansion: Tether has built a portfolio of 140 investments, ranging from South American agriculture to Juventus FC, while planning to hire 150 new staff as part of its global "freedom tech stack" expansion.
🔎 Insider Insight: Tether’s aggressive hiring and diversified investments underline its ambitions to dominate crypto infrastructure beyond stablecoins. However, its lack of full audits and ties to political figures continues to draw scrutiny over transparency and regulatory compliance.
What was the first real-world purchase made using Bitcoin?
3. CFTC Approves National Trust Banks as Stablecoin Issuers Under GENIUS Act Framework
Stablecoin adoption: The CFTC expanded its payment stablecoin criteria to include national trust banks, aligning with the GENIUS Act’s regulatory framework for fiat-backed stablecoins.
🔎 Insider Insight: The inclusion of national trust banks as stablecoin issuers signals tighter integration of traditional financial institutions into the crypto ecosystem. This move bolsters regulatory clarity for fiat-backed stablecoins but excludes algorithmic and synthetic dollar models from recognition.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
