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Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports

Kalshi has successfully raised $1 billion, increasing its valuation to $22 billion. This marks a doubling of its worth in a span of just three months.

Source · Decrypt

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Bitcoin price aims to hold $70K amid rising inflation concerns

Bitcoin is attempting to maintain a value of $70,000 as concerns about rising inflation grow, fueled by increasing crude oil prices and declining stock markets. Investors are closely monitoring the situation as inflationary pressures may impact cryptocurrency markets.

Read more Cointelegraph

Gold sees biggest weekly fall in 43 years as Iran war rages on

Gold experienced its largest weekly decline in 43 years, influenced by ongoing tensions from the Iran war. The drop is attributed to expectations that the US Federal Reserve will not lower interest rates this year, alongside comments from Fed Chair Jerome Powell regarding an anticipated rise in inflation.

Read more Cointelegraph