Spain has taken decisive action against prediction markets by blocking access to Polymarket and Kalshi, two prominent platforms in the sector. This move is part of a broader regulatory crackdown aimed at controlling speculative financial activities within the country. In other news, a massive $1.3 billion IBIT trade was executed without impacting Bitcoin's price, highlighting the market's liquidity. Meanwhile, former President Trump has criticized state prediction regulators, labeling them as "SCUM." Additionally, HYPE ETF flows have significantly outperformed major cryptocurrencies like Bitcoin, Ethereum, and Solana, indicating a shift in investor interest.