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Page 36

Americans traded $571 million on Polymarket politic bets despite U.S. ban

Americans traded $571 million on Polymarket politic bets despite U.S. ban

2 months ago by Crypto InsightsCrypto

As such, Allium can tie only about 6% of Polymarket’s political-market wallets to a country – so the firm says the figures should be read as directional rather than exact. Polymarket did not immediately respond to request for comments ahead of U.S. market hours. Meanwhile,… Read More

Clarity and Congress’s summer break: State of Crypto

Clarity and Congress’s summer break: State of Crypto

2 months ago by Crypto InsightsCrypto

The president also disclosed holding north of $100 million in various cryptos, and a few smaller stakes in firms like Corewave. Senator Elizabeth Warren, the senior-most Democrat on the Banking Committee, called for an ethics provision in the Clarity Act in a statement after the… Read More

How big banks plan to capture a quadrillion-dollar market

How big banks plan to capture a quadrillion-dollar market

2 months ago by Crypto InsightsCrypto

“If we don’t have a euro on the blockchain, the banks will use the dollar because it’s there, it’s available and it has a lot of liquidity,” Sell told CoinDesk. Rather than each bank issuing its own euro stablecoin, Qivalis is encouraging them to work… Read More

Barstool’s Portnoy plans to hold bitcoin down to $0 after timing it wrong every time

Barstool’s Portnoy plans to hold bitcoin down to $0 after timing it wrong every time

2 months ago by Crypto InsightsCrypto

Barstool Sports founder Dave Portnoy said this week that he will hold his bitcoin BTC$62,728.82 all the way down to zero if necessary, while admitting his struggle with timing the market. “I’m holding. I’ll hold this thing down to zero,” Portnoy told FOX Business’ Stuart… Read More

Tokenization’s next use case is personalized portfolios, NYLIM executive says

Tokenization’s next use case is personalized portfolios, NYLIM executive says

2 months ago by Crypto InsightsCrypto

NYLIM was the latest entrant to the list of asset management giants making moves in tokenization, teaming up with Centrifuge (CFG) to bring one of its high-yield corporate bond strategies onchain. For NYLIM, tokenization is less about launching blockchain versions of existing funds than improving… Read More

Why bitcoin’s (BTC) disconnect from record-high stocks won’t last

Why bitcoin’s (BTC) disconnect from record-high stocks won’t last

2 months ago by Crypto InsightsCrypto

Bitcoin’s BTC$63,092.39 lackluster performance this year has puzzled investors. Despite record highs in equities, the world’s largest cryptocurrency has struggled to regain momentum while U.S. technology stocks have surged on enthusiasm surrounding AI as it currently trades just below the $62,000 mark, down over 50%… Read More

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