Tag: Market

Backpack Exchange Launches Margin-Based Prediction Market

Key Notes Backpack launches an invite-only margin-based prediction market for active traders. Unified Prediction Portfolio lets traders use one account for bets, futures, and spot positions. Cross-margining reduces locked capital, letting users act on insights more efficiently. Backpack Exchange has launched a private beta of its new margin-based prediction market. This will allow traders to place bets on digital assets and financial outcomes while using the same capital across multiple products. The feature is available to select active traders only. Backpack Prediction Market Features Backpack Exchange has launched the Unified…

Backpack Exchange Launches Unified Prediction Market Beta

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Backpack, a cryptocurrency exchange founded by former employees of Alameda Research and the defunct FTX, is entering prediction markets with an ambitious plan to unify balances from different types of trading. The exchange has launched private beta testing for its new platform, called the Unified Prediction Portfolio, Backpack CEO Armani Ferrante said in a post on X on Tuesday. “This isn’t yet another wrapper over Kalshi, Polymarket, or any other prediction market platform,” Ferrante wrote, describing the upcoming market as a “native system with everything tokenized and risk profiled, together.”…

Crypto Market Structure Bill Rulemaking May Take Years to Complete

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Rulemaking involves individual regulators and agencies fleshing out the details of a law passed by legislators. It can include publishing proposed rules and seeking public comment. It could take many years for the crypto market structure bill to be implemented due to a lengthy rulemaking process, according to Paradigm’s vice president of regulatory affairs, Justin Slaughter. The market structure bill has advanced to the Senate committee stage with bipartisan text and ongoing negotiations. It’s set for a markup with the Senate Banking Committee on Thursday, while the Senate Agriculture Committee…

Industry Reacts to Market Structure Provisions on Stablecoin Rewards

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As US senators prepare to mark up a major crypto market structure bill this week, industry leaders are weighing in on proposed changes that could shape whether stablecoin holders can earn interest and rewards. According to an amended draft of the Digital Asset Market Clarity Act released on Monday, the bill states that “a digital asset service provider may not pay any form of interest or yield […] solely in connection with the holding of a payment stablecoin,” effectively barring passive, deposit-like returns on stablecoin balances. The draft leaves room…

What’s Going On With Bitcoin And The Stock Market? Analyst Breaks It Down

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Bitcoin (BTC) and the stock market have experienced sharp price swings and declines since 2025. Because of this volatility, a crypto analyst has warned that the market correction could intensify further in 2026. In a detailed analysis, he outlines a bearish scenario for Bitcoin, suggesting the flagship cryptocurrency could soon face another price crash amid persistent downward pressure in the broader stock market.  Analyst Warns Of Major Bitcoin And Stock Market Plunge Market analyst Doctor Profit has raised concerns about the direction of the crypto and traditional markets, warning that…

What NFT Paris Cancellation Reveals About the NFT Market in 2026

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Key takeaways NFT Paris’ cancellation highlights pressure on sponsorship budgets rather than just falling NFT prices. NFT activity continues in 2026, but volumes are lower, and demand is more price-sensitive. Conference economics often reveal market health in ways sales charts cannot. NFT usage is shifting toward utility and infrastructure, while hype-driven formats are fading. NFT Paris, one of Europe’s better-known non-fungible token (NFT) gatherings, was abruptly called off for 2026, alongside its sister event, RWA Paris, roughly a month before it was due to run. A conference cancellation does not…

Crypto Market Structure Bill Further Delayed to January 2026 End, Here’s Why

Key Notes Lawmakers are concerned that advancing the bill too quickly without sufficient Democratic backing could cause it to fail on the Senate floor. The passing of the crypto bill requires a 3/5 majority. The bill must still be aligned between the Senate Banking and Agriculture Committees for final passing. The much-awaited crypto market structure bill, previously scheduled for Jan. 15, has been delayed further to the end of the month. This is because the Senate Banking Committee needs more time to secure bipartisan support. Wyoming Senator Cynthia Lummis stated…

Crypto Market Structure Bill Poised For A Trump Signature: SEC

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US Securities and Exchange Commission Chair Paul Atkins is confident that a long-awaited crypto market structure bill could find its way into US President Donald Trump’s office for signature before the end of the year. The SEC chief highlighted ongoing efforts during an interview with Fox Business to clarify rules around digital asset trading and said the bill could provide much-needed guidance to investors and trading platforms. Related Reading Atkins Expresses Confidence Atkins, who was confirmed by the Senate in April 2025 in a 52-44 vote, said tokenization and faster settlement…

Fitch Warns Bitcoin-Backed Securities Pose High Market Value Risk

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Credit rating company Fitch Ratings has flagged a high degree of risk associated with Bitcoin-backed securities, a warning that could complicate the expansion of crypto-linked credit products among institutional investors. In a Monday assessment, Fitch said Bitcoin-backed securities, financial instruments typically structured by pooling Bitcoin (BTC) or Bitcoin-linked assets and issuing debt against that collateral, carry “heightened risks” that “are consistent with speculative-grade credit profiles.” The agency said such characteristics could place the products in speculative-grade territory, a designation associated with weaker credit quality and a higher likelihood of losses.…

Why The $2.9 Billion Bitcoin Whale Buy Could Spell Doom For The Market

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Claims that a Satoshi-era Bitcoin whale suddenly returned to the market with a multi-billion-dollar purchase have injected tension into an already fragile Bitcoin price action. The claims gained traction after social media posts on X revealed that an address dormant since 2011 had accumulated roughly 26,900 BTC, a move framed by some as a powerful bullish signal.  However, a few others saw something very different. One warning revealed that the timing and context of the transfer pointed toward a setup that could lead to a large-scale distribution. Why Some Traders…