The judge in the prediction market’s court case against the CFTC has called a hearing Thursday over the regulator’s motion for a two-week delay. Source
Kalshi's U.S. Election Markets Delayed Until Friday at Earliest
Tag: Markets
UBS: European Real Estate Markets Enter New Cycle
UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming out. After a period of inflation and rising interest rates, the UK saw a 6.5% quarter-on-quarter growth in […] Source CryptoX Portal
Ethereum and Ripple whales flock to Intel Markets, a new presale project
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum and Ripple’s whales are showing interest in Intel Markets, a rising star in the crypto market that could surge by 11x or more. As the crypto market prepares for a potential rally, whales are looking at new projects with fantastic growth potential. One such project is Intel Markets – a Stage 1 presale contender that could surge by 11x or higher in 2024. Even big whales from crypto…
Kalshi Cleared to Offer Congressional Prediction Markets in Victory Against CFTC
“For the reasons stated in the Court’s forthcoming memorandum opinion, the Court GRANTS Plaintiff’s motion for summary judgment … and DENIES Defendant’s cross motion for summary judgment,” Cobb wrote. “Defendant’s September 22, 2023 order prohibiting Plaintiff from listing its congressional control contracts for trading is hereby VACATED.” Source
Bitcoin (BTC) Price Pumps, Then Dumps to $55K as Crypto Markets Tumble After Jobs Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs
On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling 3.6% in the past 24 hours. Meanwhile, gold enjoyed a nearly 1% gain, climbing back above the $2,500 per ounce mark. Recession Fears Loom as […] Original
Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction
On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently at 5.25%-5.50%, which […] Source CryptoX Portal
‘Pig Butchering’ Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says
Enter Huione Guarantee. It’s an online marketplace managed by a Cambodian conglomerate where anyone can post offers to buy, or sell, just about anything – including crypto. The marketplace only acts as a facilitator; other than moving money around, it doesn’t regulate who is getting the money, or where they got it from. Source
Bloomberg and Better Markets Are Wrong About Crypto
It seems fairly obvious to fair-minded observers that after over a decade of the cryptocurrency currency trading makes it unlikely it’s going away anytime soon, as much as some may want that. Given that, you would think the reasonable person would say, “let’s properly regulate these products.” It is not true that crypto doesn’t face a myriad of state and federal regulations. What is true is that, as long as an enforcement-only regulatory approach is taken, the U.S. will see jobs move overseas, innovation will be hampered and crucial decisions…
Hong Kong Markets Authority Opens up its Tokenization Sandbox, HSBC, GSBN and Hashkey Dive in
“The tokenization of the eBL, a critical document underpinning global trade and serving as a means of legally transferring the title of goods, will for the first time pave way to the securitization of global physical shipping flows,” GSBN said in an emailed statement. Source