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Author: Crypto Insights

After a four-year U.S. ban, Polymarket mounts a major comeback campaign

After a four-year U.S. ban, Polymarket mounts a major comeback campaign

6 days ago by Crypto InsightsCrypto

Polymarket, which began its return to the U.S. after a four-year ban with the acquisition of QCEX a year ago and the introduction of a mobile trading app in December, has started a campaign to persuade policymakers, regulators and potential users that it is trustworthy,… Read More

Citadel drops U.S. Portofino suit as it pursues founder in U.K. bankruptcy case

Citadel drops U.S. Portofino suit as it pursues founder in U.K. bankruptcy case

6 days ago by Crypto InsightsCrypto

Citadel told the New York court the decision to stop pursuing the case had nothing to do with the merits of its claims. Instead, it said it had already prevailed in a separate London arbitration against Portofino’s founders on employment-related claims including breach of contract,… Read More

Japan’s collapsing yen is pushing companies into bitcoin and XRP

Japan’s collapsing yen is pushing companies into bitcoin and XRP

7 days ago by Crypto InsightsCrypto

The yen is trading near its weakest level in four decades, and Japanese companies are moving crypto onto their balance sheets to escape it. SBI VC Trade on Tuesday said corporate demand for bitcoin and XRP is climbing as the currency’s slide pushes firms to… Read More

Securitize (SECZ), BlackRock’s tokenization partner, slides 40% after SPAC debut

Securitize (SECZ), BlackRock’s tokenization partner, slides 40% after SPAC debut

1 week ago by Crypto InsightsCrypto

“There is no major negative fundamental catalyst that we can see,” Dorman said. “These kinds of big movements are common after SPACs because the entire investor base turns over from fixed-income-oriented SPAC buyers to new, fundamentally driven long-term equity owners.” SPAC merger tickers are often… Read More

Analysts see more upside for SpaceX as post-IPO research begins

Analysts see more upside for SpaceX as post-IPO research begins

1 week ago by Crypto InsightsCrypto

Wall Street analysts have begun coverage of SpaceX (SPCX) following the expiration of the 25-day quiet period after the company’s June initial public offering (IPO), with nearly every major brokerage launching their coverage with a bullish rating. The aerospace and satellite company, which held 18,712… Read More

Bitcoin holders can now participate in a BTC covered call income strategy on Binance

Bitcoin holders can now participate in a BTC covered call income strategy on Binance

1 week ago by Crypto InsightsCrypto

Binance has introduced a product for bitcoin BTC$63,010.92 holders looking to earn extra yield on their investment without selling any of it, joining the likes of BlackRock in helping them maximize returns. The product, BTC Yield, is available inside Binance Earn and is designed exclusively… Read More

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