Decrypt - 2026-08-20 ​
5 items collected.
1. Tensions Flare as CME, Kalshi Execs Clash Over Prediction Markets in DC ​
Author: Jason Nelson
Published: 8/20/2026, 10:32:11 PM
Categories: Markets
CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara traded barbs during a CFTC meeting over prediction markets, manipulation, and regulatory standards.
2. What's Next for Bitcoin After Historic Rally? Experts Weigh In ​
Author: Jason Nelson
Published: 8/20/2026, 8:40:56 PM
Categories: , Markets
Bitcoin's surge above $72,000 wiped out billions in bearish bets, but analysts say fresh buying will be needed to keep the rally going.
3. Bitcoin Is Pumping But Prediction Market Traders Aren't Convinced ​
Author: Jose Antonio Lanz
Published: 8/20/2026, 7:16:05 PM
Categories: , Markets
Bitcoin's sharpest rally in five months flipped prediction-market odds from bearish to a coin flip—but the longer-term bets still price in a crash.
4. CFTC Chair Readies Crypto Rules If Congress Fails to Pass Clarity Act ​
Author: Jason Nelson
Published: 8/20/2026, 6:44:08 PM
Categories: Law and Order
The CFTC chair said staff is already exploring a crypto market structure framework and could move quickly to propose rules if Congress fails to act.
5. Alibaba's Revenue Jumps 9% as AI Cloud Growth Hits 45%—But a Profit Plunge Sends Shares Lower ​
Author: Jose Antonio Lanz
Published: 8/20/2026, 6:32:25 PM
Categories: Business
Cloud and AI product revenue accelerated in the June quarter, but a 75% drop in net income extended Alibaba's run of profit misses to a fifth straight quarter.