Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto firms fuel growth through the ‘infinite money glitch,’ raising capital to buy Bitcoin and boost value. Summary Crypto firms use the “infinite money glitch” to raise capital to buy Bitcoin and altcoins, boosting
Polymarket is now allowing users to gamble on the outcome of TradFi stocks. Traders can place bets on whether or not a company of their choosing will increase or decrease in value on a given day. As federal regulators increasingly signal that they’re prepared to offer “innovation exemptions” to firms like Polymarket, categories like this
Fed Governor Stephen Miran has again called for rapid cuts as the October FOMC meeting approaches. This time, he alluded to the rising U.S.-China trade tensions as the reason why they need to move fast on making more Fed rate cuts. The FOMC is expected to cut rates again this month, which could impact the
According to the FED’s latest Beige Book report, no significant change has been observed in economic activities across the country recently. Consumer spending declined slightly, employment levels remained largely stable, but labor demand weakened. Wages rose modestly across all regions, but prices continued to rise due to import costs, spending on services, and tariffs. Three
Bitcoin is holding steady in the $110,000s today, a little over a week after surging to a new all-time high above $126,000. Bitcoin price slipped from 24-hour highs near $113,600 to the low $110,000s today. This price action follows a rough weekend that saw over $19 billion in leveraged positions liquidated, forcing more than 1.6
A week ago, it was reported that Polymarket, a prediction-market protocol, recently hit a $9 billion valuation following a large $2 billion investment. Interestingly, data and analysis shows that a remarkably small fraction of users achieve consistent profits. To rank within the top 0.51% by profit and loss, an individual must realize gains surpassing $1,000.
Bolivia’s Bitcoin mining hash rate grows to 0.29% globally as inflation devalues the national currency. Venezuela’s advanced USDT adoption offers lessons on risk management and corporate financial protocols. Bolivia’s economy is navigating a complex scenario marked by a scarcity of foreign currency. The national currency, the boliviano, faces consistent pressure on its value. Within this
As if crypto trading isn’t already volatile enough, ETF manager Volatility Shares hopes to launch Bitcoin and other digital asset funds that would give investors five times the daily exposure to the asset class. The long list of proposed funds includes Bitcoin, Ethereum, Solana, and XRP ETFs, as well as funds giving amplified exposure to
Macroeconomist Henrik Zeberg has warned that Bitcoin (BTC) is in the “most extreme bubble of all time,” cautioning investors to expect a devastating collapse once the ongoing rally reaches its final peak. Zeberg’s bearish outlook stands in contrast to the prevailing bullish narrative dominating Wall Street and financial media, both of which continue to celebrate
Laser Digital, the digital-assets arm of Nomura Group, said today it has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to tokenize its global flagship Laser Carry Fund (LCF) under VARA’s pilot ARVA Framework. The approval clears the way for Laser Digital to issue Tokenized LCFs (TLCF), institutional-grade tokens that give professional and