Tag: Markets

Bitnomial Wins CFTC Approval to Launch Regulated Prediction Markets

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Bitnomial Clearinghouse LLC received approval from the US Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and offer clearing services to other platforms. According to Friday’s announcement, Bitnomial’s prediction market will cover crypto and economic events, alongside its existing Bitcoin (BTC) and crypto derivatives products. The contracts are designed to allow traders to take positions on outcomes, such as token price levels and macroeconomic data. The approval expands the umbrella of the trading products offered by Bitnomial. Based in…

Strategy CEO talks bitcoin investing strategy amid volatility, buying opportunities

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io As bitcoin’s (BTC-USD) volatility continues — the cryptocurrency now climbing back above $90,000 per token at the time of this video’s posting — Strategy (MSTR) announced its plans for a $1.44 billion US dollar reserve earlier this week. Strategy CEO Phong Le joins Market Catalysts with Julie Hyman to discuss the company’s bitcoin buying strategy in the current crypto climate, the firm’s goals for its cash reserve, and whether he sees bitcoin falling further. Also, catch Yahoo Finance’s full interview with Strategy…

Phantom Integrates Kalshi Prediction Markets Into Crypto Wallet

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Crypto wallet application Phantom has partnered with regulated prediction market Kalshi to bring event-based trading directly into its wallet interface, signaling a deeper convergence between onchain finance and real-world outcome betting.  The companies said on Friday that the integration would allow Phantom users to discover trending events, track live odds and place bets without leaving their wallets.  A new feature called Phantom Prediction Markets will allow users to trade tokenized positions that reference Kalshi’s event markets across politics, economics, sports and culture.  “By integrating a layer of tokenized positions referencing…

US Markets Race Toward Onchain Settlement After SEC No Action

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Traditional financial markets are moving rapidly onchain as the US Securities and Exchange Commission chair doubled down on the idea of an “innovation exemption” to accelerate tokenization. “U.S. financial markets are poised to move on-chain,” wrote Paul Atkins, chair of the SEC, in a Friday X post, adding that the agency is “embracing new technologies to enable this onchain future.” His comments come shortly after the SEC issued a “no action” letter to a subsidiary of the Depository Trust and Clearing Corporation (DTCC), enabling it to offer a new securities…

Prediction Markets Get Leeway From CFTC Event Contract Rules

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The Commodity Futures Trading Commission has issued “no-action” letters to a group of prediction markets, exempting them from requirements related to swap data reporting and record-keeping regulations. The CFTC’s Division of Market Oversight and the Division of Clearing and Risk won’t initiate enforcement action against several prediction market platforms for shirking certain recordkeeping demands, provided they follow other specific requirements, the agencies said in a statement on Thursday. “The no-action letters apply only in narrow circumstances and are comparable to no-action letters issued for other similarly situated designated contract markets…

Crypto Markets Bounce On Fed Rate Cut, More Gains Expected

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Crypto markets saw a slight pickup after the US Federal Reserve’s widely expected rate cut on Wednesday, and a larger bounce could be next, analysts say.  The central bank has executed three consecutive interest rate cuts totaling 0.75% over a three-month period from September to December.  Despite being fundamentally bullish for crypto in the long term, each cut triggered short-term sell-offs, following a classic “buy the rumor, sell the news” pattern, the onchain analytics firm Santiment said on Thursday.  However, there is “typically a bounce after the dust settles,” it…

Betting Markets Place Bitcoin Price Below $100K for the Rest of 2025

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Bitcoin (BTC) could remain pinned below $100,000 for the remainder of 2025 as the market weakened following the US Fed rate cut decision on Wednesday. Key takeaways: BTC price has only a 30% chance of hitting $100,000 before Jan. 1, according to prediction markets. Bitcoin treasury buying has slowed significantly, hindering short-term recovery attempts. Bitcoin faces resistance at $94,000, with an ascending triangle breakout possible to the $98,000 liquidity zone.  30% chance BTC reclaims $100,000 before New Year The majority of traders on Polymarket and Kalshi expect Bitcoin to remain…

How Bitcoin Could Pay Off $35 Trillion Debt!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Under Trump’s leadership, the U.S. could adopt Bitcoin as a strategic reserve asset, potentially accumulating 1 million coins to prepare for a future financial reset. Samson Mow explores the bold idea of rebasing the dollar to Satoshis, paying off national debt with Bitcoin, and transitioning to a Bitcoin-based economy. Discover how this revolutionary plan could reshape global finance. Subscribe for insights into Bitcoin’s growing role in national strategy. ► Connect with Swan Bitcoin: ✔ YouTube: ✔ Twitter: ✔ Instagram: ✔ Telegram: ✔…

CFTC Innovation Council Adds Prediction Markets & Crypto Exchange CEOs

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The US Commodity Futures Trading Commission has added a host of blockchain industry executives alongside counterparts from traditional finance as part of the agency’s new CEO Innovation Council.  According to an announcement on Wednesday, the CEO Innovation Council will discuss market structure developments relating to the derivatives markets overseen by the CFTC.  The discussion topics will primarily be about “tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets and blockchain market infrastructure.”  The list of participants includes the bosses of crypto exchanges and prediction markets such as Polymarket, Kalshi, Kraken,…

Crypto Exchange Gemini Gets US Nod for Prediction Markets

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Crypto exchange Gemini, founded by billionaire twins Tyler and Cameron Winklevoss, has scored a license from the Commodity Futures Trading Commission to offer prediction markets in the US. Gemini said on Wednesday that its affiliate, Gemini Titan, received a designated contract market license from the CFTC and “plans to enter into the prediction markets space.” The company said that “starting shortly,” its US users would be able to trade event contracts on its web platform and could expand its US derivatives offerings to include crypto futures, options, and perpetual contracts.…