Tag: New York
Bright Future for Prediction Markets Overshadowed by Mudslinging
Kalshi, a U.S.-regulated prediction market, has found itself in the middle of a controversy after a report revealed that the company paid influencers to spread negative information about its competitor, Polymarket, and its CEO...
Bitcoin Buying Plans Boosting Stocks: Michael Saylor Redux or Long Island Iced Tea Fad?
Bitcoin's recent surge in value has sparked a trend among publicly traded companies to diversify their treasury reserves by investing in the cryptocurrency. This strategy, popularized by MicroStrategy CEO Michael Saylor, has led to...
Bitcoin Funding Rates Soaring: Signs of a Bullish and Leveraged Market
Bitcoin funding rates are on the rise, indicating a bullish and leveraged market. This surge in funding rates suggests that traders are increasingly interested in longing Bitcoin, which could potentially drive the price higher...
WisdomTree Considers XRP ETF as Market Optimism Rises
Asset manager WisdomTree is considering launching an XRP ETF, joining the trend of crypto-focused ETFs reshaping investment opportunities. The filing for a trust entity in Delaware is a preliminary step toward this goal. If...
Jito Token Holders Set to Profit from TipRouter Proposal
Investors who hold Jito's JTO token might soon benefit from receiving additional payouts in addition to their current holdings as part of a new redesign of the Solana protocol's economic structure. Jito Labs has...
Altcoin Rotation Begins as Gensler’s Exit Date Approaches
Bitcoin is getting closer to reaching $100,000, but its progress has slowed down. It hit a new high of $99,500 on Thursday before dropping below $99,000 as the U.S. market opened. Bitcoin has increased...
Leveraging Bitcoin for Pension Fund Growth and Loan Portfolio Expansion
Newmarket Capital recently made headlines by finalizing a unique loan that combines traditional real estate financing with Bitcoin collateral. This innovative approach to lending, as reported on CNBC's "Squawk Box," allows for increased security...
Binance Hits 240 Million Users with Double Institutional Onboarding
Binance, the world's largest cryptocurrency exchange, has announced that its user base has grown to over 240 million globally. This remarkable achievement comes as institutional onboarding has doubled in the past year, contributing to...
Ethereum Inflation Surges Near Pre-Merge Levels: Less Than 100k ETH Away
Ethereum's inflation rate has surged to near pre-Merge levels, with less than 100,000 ETH needed to match the supply seen at the Ethereum Merge in September 2022. Since the Dencun upgrade in March, over...
Bitcoin Retail Investors Selling Signals: Preparing for a Pullback
Bitcoin Retail Investors Selling Signals: Preparing for a Pullback Bitcoin has been hitting record highs and is approaching the $100,000 mark. With this surge in value, many retail investors, also known as "shrimps," have been...
