In brief Crypto.com has launched OG, a standalone prediction markets platform offering CFTC-regulated sports event contracts and margin trading capabilities. Nick Lundgren, Crypto.com’s Chief Legal Officer, will serve as CEO of OG while the company reports 40x weekly growth in prediction markets over six months. Multiple states have begun enforcement actions against Kalshi, Polymarket, Crypto.com,…
BCH: Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, low fees, privacy, and a larger block size. As a permissionless, decentralised crypto asset, Bitcoin Cash requires no trusted third parties. Bitcoin Cash was created as an alternative to the first and most valuable crypto asset—BTC—in…
Bitcoin has suffered a 15% contraction week-over-week. We have pierced critical levels, including Michael Saylor’s MSTR Bitcoin cost basis. While headlines focus on the immediate triggers such as Kevin Warsh’s nomination as Federal Reserve Chair, the structural rot that caused this crash began months ago. If you are looking at the charts wondering why the…
Binance has completed the second batch of its Bitcoin conversion for the Secure Asset Fund for Users (SAFU), acquiring an additional $100 million in BTC. The crypto exchange announced the transaction via its official X account, providing the public wallet address and transaction ID for verification. #Binance SAFU Fund Asset Conversion progress update. Binance has…
Meanwhile, HASH and HYPE have declined the most over the past 24 hours after charting impressive gains lately. Bitcoin’s adverse price actions as of late worsened yesterday when the asset tumbled to its lowest positions since early November 2024 at $73,000 before recovering by a few grand. Most altcoins followed suit with enhanced volatility,…
The world’s largest crypto exchange Binance on Wednesday said it has purchased an additional 1,315 BTC for its SAFU Fund. This is part of converting $1 billion of its SAFU reserves from stablecoins into Bitcoin after the recent crypto market crash. Binance Expands SAFU Fund to 2,630 BTC Committing to protect its users amid the…
Bitwise Asset Management is reportedly acquiring institutional staking provider Chorus One, extending its push into cryptocurrency yield services. The acquisition adds a major staking operation to the crypto asset manager’s platform as demand for onchain yield products increases among both retail and institutional investors. Chorus One provides staking services for decentralized networks and currently has…
Meta declined to remove posts promoting an illegal crypto casino despite multiple user reports. ACMA warned influencers face penalties up to AU$2.4 million for facilitating illegal gambling access. Rainbet links were removed, but the influencer’s account and posts remain online. Meta failed to intervene despite repeated warnings that an Australia-based influencer was promoting an illegal…
TLDR: Bitwise introduces seven model portfolios across billion-dollar advisory platforms for crypto exposure. Model portfolios include Core options for broad exposure and Thematic models for specific crypto sectors. Portfolios offer crypto assets, crypto equities, and blended approaches with systematic rebalancing. Risk-managed options rotate between crypto futures and Treasuries based on momentum trading signals. Bitwise…
Wirex, a full-stack crypto card issuer and Banking-as-a-Service (BaaS) provider, today announced it is powering the launch of the Chimera Card — a Bitcoin-funded debit card that brings practical, everyday Bitcoin spending to users worldwide. Wirex BaaS: One Integration, Complete Infrastructure Through a single API integration, Chimera Wallet gains access to Wirex’s complete BaaS stack:…