According to Fox News, Journalism, jockeyed by Umberto Rispoli, secured victory at the 150th Preakness Stakes after finishing second at the Kentucky Derby. This high-profile win impacts sports betting markets, including crypto-based betting platforms, as trading volumes and odds on decentralized sportsbooks surged following the result (source: Fox News, May 18, 2025). Traders should monitor increased volatility in sports-related crypto tokens and NFT race collectibles, as major races historically drive speculative activity.