Friday, December 9, 2022
Home > Bets

Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears – Exchanges Bitcoin News

Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. The company, which will also open payment and digital account services, plans to attract users to crypto through cashback programs that counter the fears of users purchasing cryptocurrencies in

Read More

Crypto Predictions Site Polymarket Taking Bets on Whether Russia Will Use a Nuclear Weapon by 2023

Polymarket detailed that “this market will resolve to ‘Yes’ if the Russian Federation detonates a nuclear device in an offensive capacity by Dec. 31, 2022, 11:59:59 p.m. ET. Otherwise, this market will resolve to ‘No.’” It added that to meet the “Yes” criteria, the detonation of a nuclear device must

Read More

Bitcoin Bets Look Bearish as Futures Trading Hits Record Level

The bitcoin-denominated open interest (OI) in futures and perpetuals (futures with no expiry) tied to the largest cryptocurrency has risen to a new record high of 565,579 BTC ($10.6 billion), surpassing the previous peak of 548,096 BTC reached in February 2020, according to Arcane Research. The data covers positions on

Read More

Institutional Investors Are Increasingly Using Crypto Options Trading to Hedge Their Bets in Bear Market

By comparison, traditional options trading of stocks accounts for 20% of the market cap of the S&P 500 at the Chicago Board Options Exchange (CBOE), EDG said. “When you think of all the other [S&P 500]-like products including [exchange-traded funds], SP Minis, etc., you can see that bitcoin options have

Read More

European Central Bank bets on CBDCs over BTC for cross-border payments

A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, including banking, Bitcoin (BTC) and stablecoins, among others.ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves

Read More

DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike

While cryptocurrency lending platform Aave's native coin AAVE was up 15% at $91, decentralized exchange Uniswap's UNI traded at $7, representing a 13% gain, CoinDesk data shows. Bitcoin (BTC), the biggest cryptocurrency by market value, changed hands at $20,660, up 3.5%, while Ethereum's ether (ETH) token was priced at $1,200,

Read More