A7 Exec Warns: ‘Western Compliance Pressure’ Will Push Russia Fully into Independent Digital Payments

Stanislav Lazarev, Deputy General Director for Sales at A7, believes that the cross-border payments ecosystem will shift toward independent solutions, including digital assets, as participants seek to complete these disbursements while avoiding secondary sanctions imposed by Western countries. A7: Cross-Border Settlements Ecosystem To Change Due To Western Pressure The sheer number of sanctions Russia is […]

Wintermute to bring liquidity to booming prediction markets sector

Crypto liquidity provider and trading firm Wintermute says it is providing liquidity on prediction markets as the industry continues to expand.The firm, which handles $3.5 trillion in annual trading volume, said on Friday that it is extending its institutional trading to prediction markets and would provide “two-sided markets across event contracts on leading venues,” without specifying the platforms. Jake Ostrovskis, head of OTC trading at Wintermute, said prediction markets have the “demand profile” of a major asset class but the liquidity profile of an “early-stage one.”“For these markets to become a reliable real-time source of probability estimates, they need sustained two-sided liquidity. That depth tightens spreads, supports larger trade sizes, and in turn improves the signal embedded in market prices,” he added.Wintermute said prediction markets are moving from a “niche forecasting tool” into a broader venue for trading event risk, and it will be posting continuous bid and offer prices across event contracts.Source: WintermuteThis helps reduce spreads, support larger trade sizes, and improve the reliability of market-implied probabilities, it said.Wintermute added that the market also overlaps with its existing crypto infrastructure, as it already manages spot, derivatives, decentralized finance and over-the-counter crypto markets.The move could accelerate integration between prediction markets and broader DeFi protocols for collateral reuse, yield strategies on locked capital, or oracle feeds derived from prediction market prices.Related: Kalshi backs prediction markets lobby group with former Trump officialThe two leading prediction markets, Kalshi and Polymarket, have a notional weekly volume of around $5.8 billion, with almost 400,000 active markets and 42.7 million weekly transactions, according to DeFiRate. Kalshi, which is regulated by the Commodity Futures Trading Commission, has the largest market share of the volume with 70%. Politics and sports dominate the betting on both platforms. Comparison of stats between Kalshi (green) and Polymarket (purple). Source: DeFiRateMagazine: HYPE chases $100 target, ETH could dump below $1800: Market Moves

XRP Price Loses Ground As Bearish Pressure Quietly Builds

XRP price started a downside correction below the $1.3420 zone. The price is now showing bearish signs and might decline further below $1.3150. XRP price started a downside correction after it failed to stay above the $1.3450 zone. The price is now trading above $1.3150 and the 100-hourly Simple Moving Average. There is a declining […]

Bitcoin Options Open Interest Drops 17% as $120,000 Call Dominance Persists

Bitcoin (BTC) options traders appear to be clearing out leverage at scale, but positioning continues to lean bullish, with the largest concentration of open bets still clustered around a $120,000 year-end call option. Data compiled by CoinGlass showed total Bitcoin options ‘open interest’ (OI) at $31.81 billion as of 1:00 a.m. ET on Sunday, little […]

LG Electronics shares quadruple as investors back robotics shift

LG’s robotics shift highlights the transformative potential of AI and automation in traditional industries, impacting market dynamics and investor strategies. The post LG Electronics shares quadruple as investors back robotics shift appeared first on Crypto Briefing.