After Kamala Harris announced her candidacy for the U.S. presidency in the 2024 election, recent polls show she is performing competitively against Donald Trump in hypothetical matchups. However, betting markets suggest Trump is favored to win, with Polymarket odds giving Trump a 63% chance over Harris’s 34%. Trump Leads Betting Odds Despite Harris’s Competitive Poll […] Source CryptoX Portal
Low liquidity, regulatory uncertainty and speculative behavior contributes to inefficiency in crypto markets. But systematic approaches, including momentum indexes, can reduce risks to investors, says Gregory Mall, head of investment solutions at AMINA Bank. Source
Rich Dad Poor Dad author Robert Kiyosaki predicts a major opportunity for wealth accumulation as real estate markets crash. “The time to make money in your sleep is arriving now,” he stressed, adding that his Rich Dad has taught him, “If you don’t learn how to make money in your sleep… you’ll never be rich.” […] Source CryptoX Portal
The Chicago Board Options Exchange (CBOE) has confirmed the launch date for Spot Ethereum ETFs, revealing when five Spot ETH ETFs will commence trading in the crypto market. CBOE Finalizes Launch Date For Spot Ethereum ETFs On July 19, the CBOE released a new issue notification on its official website concerning the launch of Spot Ethereum ETFs trading. According to the notification, five Spot ETH ETFs will begin trading on the Chicago Board Options Exchange on July 23, 2024, pending regulatory effectiveness. Previously, analysts, including Bloomberg Senior ETF analyst, Eric…
Crypto markets, coming out of a long bear market, remain choppy. Elwood CEO Chris Lawn said the decision to sell the OTC business was not about a bull or bear market, but instead an illustration of how the digital assets industry is maturing, with new entrants demanding institutional-grade SaaS solutions. Source
Former U.S. President and current presidential candidate Donald Trump was shot at a rally in Pennsylvania. Gunfire erupted while he was speaking, prompting Secret Service agents to rush him off the stage. Trump was seen with blood on the side of his head and ear. His chance of winning the November presidential election immediately surged […] Source CryptoX Portal
Crypto price action is likely to continue on a choppy trajectory for the rest of Q3, 2024, analysts at crypto exchange Coinbase say. Coinbase’ head of institutional research David Duong and David Han, an analyst at the US-based crypto exchange, shared their forecast in the company’s weekly market report. They anticipate greater volatility for cryptocurrencies over the next month or two before a potentiall rally in the fourth quarter. JPMorgan analysts offered a similar bullish analysis, although with a different timeline, noting crypto markets could rebound in August. Q3 started…
QCP Capital has recently released a new market analysis offering insight into what might be in store for the price of Bitcoin (BTC) — more importantly, which direction it could move next. These fresh insights particularly focus on the options market. Market Anticipates Movement: Analyzing Bitcoin Options The latest report from QCP Capital has identified an interesting pattern in the Bitcoin options market, highlighting a rise in front-end volatility specific to BTC. This increase by 5 points in short-term volatility indicates that traders are preparing for larger price swings over…
Standard Chartered’s crypto subsidiary, Zodia Markets, is reportedly in advanced talks to acquire Elwood Capital Management, a digital-asset business backed by billionaire hedge fund manager Alan Howard. The acquisition, expected to be completed this month, will provide Zodia Markets with licenses as a virtual asset service provider and investment business in Jersey. This move aligns […] Source CryptoX Portal
“The ‘Liste des nuances’ includes both individual parties and coalitions, which supports the interpretation that the official French election results do not strictly differentiate between the two types of entities,” wrote bettor kipakipa, who had a “no” bet on the National Rally winning the most seats. “This is important for resolving the market because it suggests that official results treat coalitions as significant and comparable entities alongside individual parties.” Source