In one of their first moves in two months, the Bitcoin whale returned to short Bitcoin and Ether for hundreds of millions of dollars, betting on their short-term price decline.
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The prediction market platform has come a long way since regulators in the United States banned Polymarket from serving US clients in 2022.
Satoshi’s $100-billion Bitcoin hoard remains untouched. In case it enters the market, it might have unexpected outcomes.
Dubai deploys oil wealth and Islamic finance to challenge Asian crypto dominance, but Hong Kong’s liquidity firepower and Beijing backing maintain supremacy.
The massive whale previously rotated about $5 billion worth of Bitcoin into Ether after holding the BTC stash for seven years.
Citigroup’s venture arm invested in London-based stablecoin firm BVNK as Wall Street accelerates its push into blockchain-powered payments.
Uganda’s CBDC, a digitized version of the Ugandan shilling, has been deployed on a permissioned blockchain and backed by Ugandan treasury bonds.
Rachael Lucas, an analyst at BTC Markets, noted that BNB‘s recent surge highlights growing investor confidence in its long-term prospects.