Polymarket will eventually launch a token, Chief Marketing Officer Matthew Modabber confirmed on Thursday, but it will take a backseat to launching the US-facing Polymarket App. The prediction market platform secured a $2 billion investment from Intercontinental Exchange (ICE), the parent company of The New York Stock Exchange, in October at a $10 billion valuation….
The multibillion-dollar market for cosmetic items in the popular esports first-person shooter game Counter-Strike 2 crashed following an update to its mechanics. According to an Oct. 8 report by Esports News, the Counter-Strike 2 skin market at the time reached a new high of nearly $5.78 billion. A separate Thursday report by Eurogamer said that…
Opinion by: Saad Naja, CEO of PiP World For decades, retail investors have been sold a lie: diversify, track the benchmark, play it safe. That lie has only one outcome: permanent mediocrity. Diversification has been Wall Street’s leash on the masses — a clever trick to keep households tethered to “average.” It protects you from…
Investment banking giant JPMorgan Chase is reportedly planning to let clients use Bitcoin and Ether as collateral for loans, signaling Wall Street’s continued move toward embracing digital assets. The initiative would allow JPMorgan’s global clients to borrow against their Bitcoin (BTC) and Ether (ETH) holdings, according to a Bloomberg report published Friday, citing people familiar…
Publicly listed companies are increasingly rebranding as Bitcoin (BTC) treasuries, with holdings now nearing 1.05 million BTC. Private companies have also piled in by adding another 279,185 BTC across at least 68 companies, bringing the total to 1.33 million, or about 6.3% of Bitcoin’s supply. The question now is whether these reserves will sit idle…
Key takeaways: Since 2024, spot ETF inflows and outflows have been the strongest driver of Bitcoin’s green and red days. With exchange balances near multi-year lows, any sizable order travels farther through the book. Large holders often split trades or use OTC desks, muting visible “wallet-moved” shocks. Funding rates, open interest, the dollar and yields…
Despite growing expectations of an imminent altcoin season, industry insiders are pointing to capital flowing back into Bitcoin and corporate cryptocurrency treasuries, raising doubts about the traditional crypto market cycle. Corporate digital assets treasuries (DATs) have drained about $800 billion worth of retail investor capital from the altcoin market, according to crypto market intelligence company…
How an anonymous wallet profited from the crypto chaos An anonymous wallet (0xb317) on the Hyperliquid derivatives exchange reportedly earned a $192-million profit within just a few hours during a period of sharp market volatility. As Bitcoin (BTC) and Ether (ETH) prices fell sharply, many traders were hit with liquidations that erased more than $1…
Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association US President Donald Trump’s recent pardon of Binance co-founder Changpeng “CZ” Zhou has grabbed headlines. Some commentators hail the move as a way to “clear CZ’s record and allow him to return to the industry” — but this misses the point that a presidential…
The feud between Fetch.ai and Ocean Protocol Foundation may be drawing to a close as the two sides look to reach a middle ground without escalating into a full-blown legal battle. On Thursday, Fetch.ai said it would cancel all pending legal claims against the Ocean Protocol Foundation if the latter returned the 286 million Fetch.ai…