Trump election odds near 67% as Polymarket whale bets another $2M
Polymarket whales are betting tens of millions of dollars on a Trump victory on Nov. 5, which could be more accurate than traditional polls, according to Elon Musk.
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US SEC Approves BTC Futures Fund to Offer Shares to Institutional Investors
Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling it with the right to offer its shares to institutional investors.According to an SEC filing that came into effect on Dec. 2, the New York Digital Investment Group LLC (NYDIG) is now authorized to offer…
Bitcoin Price Set to Reclaim $8K But a Rising Wedge Is Worrying Bulls
Bitcoin price (BTC) is taking a bit of a breather after breaking flipping the $7,600 resistance to support during the morning trading hours of Nov 29. While the current technical setup is exciting, bulls will need to supply significant enough volume for the price to break to the upside of the rising channel, above the $7,800…
Texas Securities Board Added Cryptocurrencies to List of Top Threats to Investors
Texas regulators have included cryptocurrencies in their list of top threats to investors, according to the latest Texas Investor Guide.In its tenth anniversary edition of the State Securities Board’s “Texas Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud,” the regulator added cryptocurrency to the list of investments that raise red flags and require…
EToro Experienced a Dip in Growth for Every Crypto but Tezos in Q2
eToro users eased up on every cryptocurrency in Q2 2020 with the exception of Tezos, according to the brokerage firm’s latest report. 1108 Total views 14 Total shares eToro experienced a decline in growth of investor interest in every cryptocurrency except Tezos (XTZ) in the second quarter of 2020.Top 5 cryptocurrencies by the growth in…
Coinbase reportedly down for some users after fixing connectivity issue
Coinbase experienced connectivity issues three times over the past 30 days, according to official data. 124 Total views 13 Total shares Nasdaq-listed cryptocurrency exchange Coinbase reportedly continues to face some system difficulties after experiencing a major connectivity problem.Both Coinbase brokerage and its trading platform Coinbase Pro were unavailable on Nov. 23 due to connectivity issues…
El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating. 1112 Total views 14 Total shares Credit rating agency Standard and Poor (S&P) Global believes the country of El Salvador has severely harmed its credit rating after enacting its Bitcoin Law recognizing BTC as legal…
Elon Musk, Mark Cuban team up to contest SEC trial strategies
The context of this legal challenge centers around the SEC v. Jarkesy case, in which George Jarkesy contends that his Seventh Amendment rights were violated. 138 Total views 1 Total shares Elon Musk, Mark Cuban, with others, have collaboratively submitted a shared amicus brief to the Supreme Court, wherein they raise concerns about the Securities and Exchange
Web3 gaming needs to shift from play-to-earn to 'play-and-earn' — Bitget
The industry could see a shift towards player-centric Web3 games this cycle, as Web2 founders enter the GameFi space, according to Bitget’s managing director