Discover Polymarket’s Bitcoin predictions, with 30% confidence in $100K by year-end and 21% betting on $150K by March 2025. Explore what these trends mean for Bitcoin’s future. Polymarket's Wagering Activity Highlights Market SentimentParticipants on Polymarket, a decentralized prediction platform, are showing a modest 30% confidence that Bitcoin (BTC) will surpass the $100,000 threshold before the…
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Key Takeaways Cambodia’s central bank approved stablecoins for financial firms while banning unbacked assets like Bitcoin. Banks can process crypto transactions, transfers, and custody services under strict regulatory oversight. Firms must secure NBC permits before offering crypto services, ensuring compliance and market stability. Recently, Cambodia's central bank has approved regulated stablecoin services for banks and…
The FBI, in collaboration with Japan’s National Police Agency, uncovers North Korean hacking group TraderTraitor’s involvement in the $308 million DMM exchange breach. Learn more about the investigation and its findings. Key Takeaways North Korea’s TraderTraitor group has been linked to the $308 million DMM exchange hack. The attack involved advanced social engineering tactics, including…
Strive Asset Management proposes a Bitcoin Bond ETF to invest in bitcoin-linked convertible securities, targeting companies like Microstrategy. Strive Asset Management Proposes Bitcoin Bond ETF Strive Asset Management, co-founded by Republican Vivek Ramaswamy, has submitted a proposal for a Bitcoin Bond exchange-traded fund (ETF). This ETF aims to provide exposure to bitcoin (BTC) by investing…
Fidelity’s FETH outperformed Blackrock’s ETHA as the nine-spot Ethereum ETFs pulled in $117 million yesterday. Blackrock’s ETHA and IBIT for the first time in a long time failed to lead inflows in the Bitcoin and Ethereum ETFs. Blackrock was outperformed by Fidelity on both Exchange Traded Funds, a rare occurrence since both ETFs were launched…
Spot Bitcoin ETFs ended a bad run of outflows yesterday recording its first positive balance sheet in four days. The 11 Bitcoin ETFs closed the day pulling $475 million a sharp contrast from the last trading which saw the funds lose $338 million. Seven out of the 11 Spot Bitcoin ETFs recorded transactions for the…
A smart trader netted over $8.3 million in profits trading perpetual contracts on the Hyperliquid Decentralized Exchange. The trading activity of the trader with an address “0x880” was revealed by Onchain tracker SpotOnChain highlighting the trading details involved and the strategy leveraged by the trader. A smart trader has earned over $8.3M from trading perpetual…
Tether, the world's largest stablecoin issuer has officially pivoted into venture capital funding by pouring in $2 million into Arcanum Emerging Technology Fund II. The stablecoin issuing company which holds the highest market share fulfilled its long-term goal of diversification by opening up a new business offer for clients of the company. Arcanum announced the…
Key Takeaways Bitwise filed for a Bitcoin Reserve ETF to track firms holding 1,000 BTC or more. Eligible firms must have $100 million market caps, $1 million daily liquidity, and low free floats. Unlike traditional ETFs, it weighs firms by bitcoin holdings, capped at 25% for risk management. Bitwise has filed with the U.S. Securities…
Key Takeaways KULR Technology purchased 217.18 bitcoin worth $21 million to launch its Bitcoin Treasury strategy. The plan allocates 90% of surplus cash to bitcoin, supporting long-term value preservation. KULR chose Coinbase Prime for custody and wallet services, highlighting the growing institutional adoption of digital assets. KULR Technology Group, a NYSE-listed energy solutions firm has…
