Tag: Markets

Prediction Markets Have a Gambling Problem

Prediction market platforms Polymarket and Kalshi spend a lot of time and money convincing regulators they’re not gambling. Outside of the U.S. authorities are viewing prediction markets as synonymous with gambling. Taiwan, France, and now Singapore have all made moves to block users from accessing Polymarket at the ISP level, calling the prediction market platform an unlicensed gambling operation of some sort. Prediction markets are investment tools, where traders take a position on the outcome to a question. Parties and counter-parties have differing opinions on how to price the the…

BTC and ETH Defy Expectations: Report Highlights Calm Markets Amid Year-End Options Expiry

A collaborative study from Bybit and Block Scholes provides an in-depth examination of bitcoin (BTC) and ether (ETH) derivatives, shedding light on market behavior during the pivotal 2024 year-end options expiration. Bitcoin and Ethereum Open Interest: Bybit and Block Scholes Report Highlights a Picture of Stability The Bybit and Block Scholes analysis shared with Cryptox.trade […] Source CryptoX Portal

Ripple’s Stablecoin Hits Singapore – Regulated Exchange Brings RLUSD to Transform Markets

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Ripple’s USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR), a licensed crypto exchange in Singapore, announced on Tuesday the launch of Ripple USD (RLUSD), Ripple’s new USD-backed stablecoin, on its platform. This […] Source

Why Crypto Market’s Dip Isn’t the End of the Bull Market?

Are the recent liquidations and falling prices setting the stage for a longer crypto winter, or could this be the breather before another bull run? Crypto market stumbles as year-end draws near As the year winds down, the crypto market seems to be taking a pause after a prolonged bullish run, with the global market cap shedding more than 6% to settle around $3.47 trillion as of Dec. 20.  Bitcoin (BTC) has slipped below the crucial $100,000 mark, trading at $96,680 as of this writing — a drop of nearly…

US-Russia Bitcoin Reserve Race Could Drive Altcoin Markets to Record Highs: Key Tokens to Watch

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Este artículo también está disponible en español. A leaked proposal to Russian finance minister, Anton Siluanov on the creation of a bitcoin strategic reserve in Russia, is adding to speculation about an imminent Bitcoin Space Race between the two global superpowers.  This, after President-elect Donald Trump pledged to establish his own Strategic Bitcoin Reserve in the US, even suggesting part of the US debt “could be “paid off” with Bitcoin. The leaked proposal hints Russia has its own reasons for getting into crypto:  “In conditions of limited access to traditional…

FBS Explores the Rise of Altcoins in 2024 Cryptocurrency Markets

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FBS, a leading global broker, highlights the resurgence of alt-season, a phase in the cryptocurrency market characterized by the growing prominence of altcoins. The 2024 alt-season reflects evolving trends in blockchain innovation, with projects like Fetch.ai integrating AI into decentralized applications and Layer 2 solutions like Arbitrum enhancing scalability. Additionally, meme coins such as Dogecoin continue with community engagement, further diversifying the market landscape. FBS analysts attribute this alt-season to technological advancements, regulatory clarity, and the anticipation of Bitcoin ETFs, which are broadening the appeal of cryptocurrencies. Altcoins aim not…