Pro-XRP Lawyer John Deaton Says He Is Willing To Bet That Ripple Will Win SEC Appeal
Popular XRP advocate and notable attorney John Deaton recently predicted a comfortable appeal victory by Ripple against the United States Securities and
Read More
Bet
Bitcoin (BTC) Price Won’t Be Stuck Below $30K for Long, Crypto Options Traders Bet
“Despite bitcoin's fall below $30,000, there is a conspicuous lack of $30,000 call [option] selling from bearish traders,” Lyn said. “This suggests they don't foresee the $30,000 level transforming into significant resistance, at least in the near term.” Source
Read More
Institutions Bet That Crypto’s Future Lies in the Real World
That tokenized “stuff” can be almost anything. Artwork, real-estate, luxury items, wine bottles, cars, carbon credits, and financial instruments like T-bills and stocks -- they can all go on-chain. “We’re trying to get everything to tokens, then we’re going to try to see if we can wipe out all the
Read More
BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say
BlockFi “failed to complete basic due diligence” on Bankman-Fried’s empire, offering “special treatment for FTT and Alameda… that cast risk management principles entirely to the wind,” added the report, based on a review of 30,000 internal documents, and interviews and depositions with key individuals including founder and chief executive Zac
Read More
Anthony Scaramucci to AI Backers: Bet on Long-Term Investments
Scaramucci highlights the importance of patience when considering Nvidia as an investment opportunity. Investing in Artificial Intelligence (AI) stocks has become increasingly popular as the technology continues to reshape industries. However, concerns about a potential bubble in the AI industry have emerged. In a Bloomberg report, Anthony Scaramucci, the Founder of
Read More
U.S. CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress
The prediction markets – which allow people “to buy and sell contracts on whether events are going to happen or not,” as Kalshi describes it on its site – have had a tumultuous recent history with the CFTC. Other companies had been ordered to cease doing business in the U.S.,
Read More
Bitcoin traders bet on $24K BTC price as market digests SEC vs. Binance
Bitcoin (BTC) circled $25,800 on June 6 as the aftermath of fresh panic over the largest exchange, Binance, lingered.BTC/USD 1-day candle chart on Bitstamp. Source: TradingViewBTC price risks losing multimonth rangeData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it steadied after dropping to near three-month lows.The weakness came
Read More
Tether Ups Bitcoin Bet With BTC Mining In Uruguay
Summary: Tether plans to tap into Uruguay’s renewable energy ecosystem and mine Bitcoin (BTC), crypto’s largest token by market cap.The digital payment company is looking to diversify its operations after solidifying USDT’s position as the top stablecoin with an 83 billion token supply.Tether recently started buying Bitcoin with 15% of
Read More
Biden’s Tough Talk, USDT’s BTC Bet Not Moving Crypto
Bitcoin (BTC) continued to drift downward, slipping just below $27,000 as investors keep close attention on the debt ceiling negotiations in Washington. Defiance ETFs CEO Sylvia Jablonski and Galaxy Digital global head of trading Jason Urban shared their insights on the current state of the crypto markets. Plus, Pudgy Penguins
Read More
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet – Bitcoin News
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of the money donated
Read More