Potential Impact of Disputed U.S. Election on Prediction Markets
As the U.S. presidential election approaches, Polymarket, a crypto-based prediction market, has introduced a new contract focused on predicting the next leader of the country. This contract has been created alongside an existing contract...
The End of the ‘Trump Trade’ Crypto Hype: What Investors Need to Know
Bitcoin has been on a high lately, just like Trump's chances of winning the upcoming U.S. presidential election according to sites like PredictIt and Polymarket. Bitcoin reached $73,000 and almost hit its previous all-time...
OSL Group Expands into Japan with CoinBest Acquisition
OSL Group, a leading financial services provider, has recently made a strategic move by expanding into the Japanese market through the acquisition of CoinBest, a local crypto exchange. This acquisition, which includes an 81.38%...
Michigan State Pension Fund Exposes $11 Million to Ethereum ETFs
Michigan's state pension fund recently made headlines by disclosing an exposure of over $11 million to spot Ethereum exchange-traded funds (ETFs) in its latest 13-F filing. This move positions Michigan as the first state...
Unveiling Solana’s High Transaction Attraction: VanEck’s Perspective
VanEck recently shared insights into Solana's appeal, emphasizing that the network's efficiency drives high transaction volumes and revenue growth, despite concerns about wash trading in memecoins. This news comes amidst speculation about the accuracy...
Tokenization Commercialization Drive in Singapore
The Monetary Authority of Singapore (MAS) has announced plans to advance tokenization in financial services. This initiative includes forming commercial networks to deepen liquidity of tokenized assets, developing an ecosystem of market infrastructures, fostering...
Bitcoin Price Prediction: $6K-$8K Volatility Amid U.S. Election: Expert
Bitcoin traders are eagerly awaiting a surge in price volatility that could be triggered by the upcoming U.S. presidential election, according to experts. Greg Magadini, director of derivatives at Amberdata, predicts that the election...
Real-Time Forex Swap Onchain: Citi and Fidelity Showcase Proof-of-Concept
Citi and Fidelity, two major players in traditional finance, have collaborated on a proof-of-concept for a digital foreign exchange swap within an onchain money-market fund. This innovative concept will be showcased at the upcoming...
Bitcoin Price Drops Lead to $230M Crypto Market Liquidations
The cryptocurrency market experienced a significant downturn recently, resulting in over $230 million in liquidations within a 24-hour period. This had a substantial impact on over 100,000 traders, with the largest single liquidation occurring...
German Traditional Finance Giants Confirm Bitcoin Mining Trial for Grid Stability: Surplus Energy Initiative
German traditional finance giants have officially confirmed a trial project aimed at mining Bitcoin using surplus renewable energy in order to stabilize the energy grid. The initiative, a partnership between Deutsche Telekom and Bankhaus...