Cointelegraph Highlights Polymarket Prediction as Bitcoin Traders Engage

Cointelegraph recently reported that Polymarket traders are assigning a 14% chance for Bitcoin to reach $57,500 by the end of June. With only six days left in the month, this forecast has generated notable engagement among traders and analysts alike. The tweet has garnered significant attention, highlighting the ongoing interest in Bitcoin price predictions. Inside […]

Brazil Can Now Freeze Illegal Betting Operators’ Funds, Not Just Block Sites

A decree signed by President Lula on June 19 lets Brazil’s gambling regulator order banks to freeze the accounts of unlicensed betting operators within 24 hours – and, after due process, seize the money for an anti-crime fund – shifting enforcement from blocking websites to choking the financial rails beneath them. From web blocks to […]

CBOE Launches Prediction Markets With S&P 500 Binary Contracts

Cboe Global Markets has launched its new prediction markets platform, Cboe Predicts, as the company enters the prediction trading market with a new suite of securities-based products. The new offering includes binary option contracts tied to the Mini-S&P 500 Index, trading under the symbols XSPBW and XSPBX, which are already available through Interactive Brokers. Access […]

Strategy Told to Pause Bitcoin Buys as Cash Reserves Fall 38%

A growing debate is emerging around Strategy, the company led by Bitcoin advocate Michael Saylor. After new research suggested it should temporarily halt Bitcoin purchases and focus on rebuilding its shrinking cash reserves. The recommendation comes from CryptoQuant Head of Research Julio Moreno. He argues that the firm’s aggressive accumulation strategy may be putting additional […]

SpaceX Came Back to Earth — and Took Elon Musk’s Trillionaire Status With It

Elon Musk is no longer a trillionaire. A rapid slide in Space Exploration Technologies Corp. shares has pulled his net worth below $1 trillion for the first time since the company’s Nasdaq debut earlier this month. SpaceX (SPCX) priced its IPO at $135, but opened at $150, on June 12, pushing Musk’s fortune to a […]