Friday, December 20, 2024
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CME Bitcoin futures show investors betting on $40K BTC price

The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance's BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin's potential to break above the $40,000 mark

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Forget SHIB and PEPE, HAMS Token Holders Are Betting on Hamster Races in the Latest Crypto Meta

Star hamster racers like “Rocky” and “Buster” are already drawing bets of up to $500 per race. Others like “CK” aren’t so lucky – losing 326 races; winning just 8. These races seem to occur every few hours, during which a chatbox lights up, drawing at least 1,000 viewers and

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ICO Sandbox publishes exit report following work with the Betting and Gaming Council to reduce incidents of gambling related harm

The ICO’s Regulatory Sandbox aims to support organisations who are creating products and services which utilise personal data in innovative and safe ways. The Betting and Gaming Council entered the Sandbox to explore the gambling industry’s development and trial

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CFTC Kicks Off Review of Prediction Market Kalshi’s Congressional Control Betting Contracts

"The Commission should treat Kalshi’s certification in the same manner it treats all DCM certifications of new products, and then do what Congress provided: Undertake a public rulemaking process to establish a legal framework for exercising its discretion to determine whether event contracts, including those relating to political control, may

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Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision

After 15 months and an approximate 30% loss, an exchange-traded fund (ETF) opposing Meta’s perspective on the metaverse is shutting down.Subversive Capital is set to shut down and liquidate its Subversive Metaverse ETF, known by its “PUNK,” ticker, as the company shifts its focus toward artificial intelligence (AI).In January 2022,

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