Tag: Markets

Mike Novogratz Backs Solana As The Blockchain Of Choice For Financial Markets – Here’s Why

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the last few days, Solana has experienced a steady upward trend, drawing dangerously close to the $230 price mark as activity on the blockchain heats up. With Solana gaining serious ground and on-chain activity rising rapidly, Mike Novogratz has endorsed the blockchain, claiming that its design sets it apart for financial market dominance. Solana Gains Big Endorsement From Mike Novogratz The Solana blockchain is taking the spotlight and receiving notable attention in the blockchain sector, with…

Crypto pullback briefly pushes bitcoin to lowest level since early July: CNBC Crypto World

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, Bitwise files an application with the SEC to add a spot Chainlink ETF to its investment offerings. Plus, Bitget CEO Gracy Chen explains what’s driving digital asset prices right now and whether the international crypto exchange plans to expand to the United States. Chapters: 0:00 – Introduction 0:23 – Bitcoin & ether fall 0:55 – The headlines 3:10 – Bitget CEO Gracy Chen For access to live and exclusive video from CNBC subscribe to CNBC…

SEC reveals revamped crypto regulatory proposals: CNBC Crypto World

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin and ether fall following a weak private payrolls report and as traders await the August jobs report. Plus, the SEC reveals its rulemaking agenda, which could see broad proposals to revamp crypto policies. And, Alex Thorn, head of firmwide research at Galaxy Digital, joins Robert Leshner, CEO of Superstate, to discuss the launch of GLXY tokenized public shares on Solana. Chapters: 0:00 – Introduction 0:26 – Bitcoin & ether fall 1:22 – The headlines…

Prediction Markets Set to Soar

boss

Following years of legal battles, PredictIt is finally approved by the US Commodity Futures Trading Commission (CFTC). Now, the online prediction platform is getting set to go live in the US in October, operating as a designated contract market (DCM) and a derivatives clearing organization (DCO). This way, it’ll be able to expand into broader, more liquid markets with much greater regulatory clarity. With ambitious plans to operate ‘beyond politics,’ it might follow the likes of Polymarket – the largest online prediction platform – and include crypto bets. When considering…

BTC Eyes Upside As US Jobs Revision Shakes Markets

boss

Key takeaways: The US Labor Department revised payrolls down by 911,000 jobs, the largest cut in history, signaling deep labor market weakness. The revision strengthens expectations of a Federal Reserve rate cut even though inflation is still elevated. Bitcoin may mirror gold’s rally and regain momentum toward new highs in Q4. Bitcoin (BTC) could be set to benefit price-wise in the coming weeks as the US Labor Department delivered the largest payroll revision in history, wiping 911,000 jobs from previously reported data for the 12 months ending March 2025. That’s…

SEC and CFTC Propose Shift to 24/7 Financial Markets in the US

boss

The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released a joint statement on Friday exploring a possible shift to 24/7 capital markets and regulations for crypto derivatives. Scaling onchain finance requires a 24/7 trading environment across asset classes, the regulators said in the statement. Crafting regulatory clarity for event contracts and perpetual futures — futures contracts without an expiry date — was also a priority. However, the agencies clarified: “Further expanding trading hours could better align US markets with the evolving reality of a…

Tether Issues $2B USDT as Crypto Markets Decline, Largest Mint in 9 Months

Key Notes CEO Paolo Ardoino attributes the mint to Binance’s cross-chain swap from Tron to Ethereum without corresponding burns yet recorded. The timing mirrors December’s $2 billion mint during Bitcoin’s pullback from its $100,000 milestone breakthrough. Historical patterns suggest potential Bitcoin recovery toward $118,000 ahead of the September 17 Federal Reserve meeting. Tether, the issuer of the largest stablecoin by market capitalization, USDT, just minted $2 billion worth of the token on the Ethereum network. This is the single largest mint by the company since December 2024, sending positive waves…

BlackRock & Bitcoin: A Spooky Power Play

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Rustin talks about BlackRock & Bitcoin: A Spooky Power Play Brought to you by Bitcoinwell.com a bitcoin-only platform on a mission to enable independence. #bitcoin #bitcoinnews #shortsopen ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Kristin Johnson Warns of Retail Risk, Regulatory Gaps in Prediction Markets

boss

Outgoing Commodity Futures Trading Commission (CFTC) Commissioner Kristin N. Johnson warned that prediction markets pose increasing risks to retail investors. She cited a lack of oversight and regulatory clarity as primary concerns. In her farewell public address on Wednesday, Johnson voiced concern that some market participants are offering leveraged prediction market contracts to retail investors without clear regulatory boundaries. “As of today, we have too few guardrails and too little visibility into the prediction market landscape,” she said in a farewell speech at the Brookings Institution. “There is an urgent…