Polymarket monthly volume hits $100M as presidential race heats up

A member of South Korea’s National Assembly has called on the state to “open up the road” to Initial Coin Offerings (ICO) by easing regulations, South Korean financial outlet Economy reports October 2.According to the article, Min Byung-doo, a Democratic Party lawmaker, will introduce a project of for ICO legislation at the next round of…

Bitcoin (BTC) price is slowly recovering, reaching $5,500, after last week’s Black Monday style market meltdown which led to Bitcoin price pulling back sharply as traditional markets suffered the third worst trading day ever. Monday’s correction was followed by major cryptocurrencies - Ether (ETH), XRP, and Bitcoin Cash (BCH) all losing 11.6%, 8.3%, and 4.2%,…

During 2023, several Satoshi-era Bitcoin wallets have risen from dormancy to transfer their BTC to a new address. 737 Total views 5 Total shares Three Satoshi-era Bitcoin (BTC) whale addresses that have been dormant since November 2017 transferred 6,500 BTC, worth roughly $230 million, on Nov. 2. Satoshi-era BTC refers to the very early stages

Bridgewater CIO Ray Dalio claims capital markets are no longer free as central banks drive more of the economy. 384 Total views 31 Total shares Ray Dalio, the billionaire hedge fund manager and founder and chief investment officer of Bridgewater Associates, believes capital markets are no longer free.Speaking to Bloomberg, Dalio said markets have changed…

The Winklevoss twins’ crypto exchange continues its global expansion with the appointment of a Managing Director for the Asia-Pacific region. 1774 Total views 37 Total shares The Gemini cryptocurrency exchange is expanding further into Asia with the appointment of former Leonteq Asia CEO Jeremy Ng as Managing Director of Asia Pacific region.The move sets the…

The cryptocurrency market momentum has swung back to Bitcoin (BTC) recently as BTC dominance and trading volumes have been climbing along with its price. In that regard, the primary altcoin indicator, Ether (ETH), has not been doing well as ETH/BTC has dropped 30% in the last two months. Now, many crypto traders are asking when the…

“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department. 216 Total views 50 Total shares The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi scheme BitConnect.In a Nov. 16…

Independent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating license in Singapore. 165 Total views 17 Total shares Independent Reserve, an Australian crypto exchange founded in 2013, has become the first cryptocurrency exchange in Singapore to receive an “in-principle approval” to operate…

A report updated by Japan’s self-regulatory body JVCEA shows the number of active crypto traders in the country decreased in March. Before a state of emergency had officially been declared to slow the spread of the pandemic in Japan, overall activity on crypto exchanges decreased as there was a spike in fiat deposits.According to data…