CFTC eyeing Polymarket, betting platforms amid elections, says chair

The U.S. equity markets, gold, crude oil and the crypto markets are all up today. This shows that the U.S. investors have returned from the holiday weekend charged up and ready to buy assets to fight the likely devaluation in the U.S. dollar due to the Federal Reserve’s current monetary policy. Sino Global Capital CEO Matthew…

Bitcoin (BTC) prepares to exit a grim November just above $16,000 — what could be on the menu for BTC price this week?In a time of what analyst Willy Woo has called “unprecedented deleveraging,” Bitcoin is far from out of the woods after losing over 20% this month.The impact of the FTX implosion remains unknown,…

OKEx has launched a peer-to-peer trading platform and fiat onramp in India. Cryptocurrency exchange OKEx has announced a new peer-to-peer trading platform launching Aug. 5, which allows users to buy digital currencies with zero transaction fees using Indian rupees (INR).The announcement comes hot on the heels of reports that the Indian government is planning to…

China is reportedly leading the world in the number of blockchain projects currently underway in the country, Chinese English-language news daily China.org.cn reports on April 2.Citing a report by Blockdata, China.org.cn states that there are 263 blockchain-related projects in China, accounting for 25 percent of the global total.Li Qilei, the CTO at blockchain platform developer…

Two of the most frequent questions that I get from people in the crypto community are: what do you invest in and what are the best investing strategies? As a general rule, the best investment strategy focuses on maximizing gains while minimizing risk. Historically, the best assets that fit this profile have been stocks, bonds, and…

After being critical of cryptocurrencies, the Wall Street investment bank officially embraced Bitcoin earlier this year. It’s now expanding its offerings to include Ether. 2531 Total views 10 Total shares United States investment bank Goldman Sachs is planning to offer Ether (ETH) derivatives products in the coming months, setting the stage for wider adoption of the…

A token sale for Standard Tokenization Protocol (STP) raised $750,000 and sold out within eight seconds, a news release claimed on June 11.The project says it offers an open-source, decentralized standard for the tokenization and issuance of any asset.Following the initial exchange offering (IEO), which was held on Bittrex, STP founder Mike Chen said:“We are excited…

At its core, Web3 is about regaining control from centralized online experiences, allowing creators to interact within peer-to-peer (P2P) ecosystems focused on music, film, artwork, fashion and other popular topics. This has also given rise to nonfungible tokens (NFTs) and digital ecosystems often referred to as the Metaverse. Given the broad range of interests Web3 touches…

Mike Novogratz says crypto is in a “consolidation phase” and predicts that prices will bounce higher at the end of the current quarter.