Blockchain-based prediction markets are rapidly gaining mainstream prominence following their accurate forecasting of the 2024 U.S. presidential election. Loxley Fernandes, CEO of Myriad, predicts adoption will “snowball,” with trusted media coverage reducing the perceived risk profile for new users. Regulatory Thaw Under the Trump Administration Blockchain-based prediction markets have achieved a new level of mainstream […]
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Latam Insights Encore: Brazil CBDC Ditches Blockchain, Latam Stocks Shine Bright
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Central Bank of Brazil temporary ditches blockchain from its CBDC project, Latam stock markets outperform U.S. counterparts, and Brazil aims to tighten crypto compliance rules. Central Bank of Brazil Clarifies Drex […]
Read MoreGhana Central Bank Policy Document Calls for Risk‑Based Regulation of Virtual Assets
Ghana’s central bank is moving to regulate virtual assets, adopting a policy designed to foster responsible crypto innovation while guaranteeing a level playing field for all financial institutions. Balancing Innovation and Competition The Bank of Ghana (BOG) has acknowledged that the country currently lacks a dedicated legal framework for regulating virtual asset service providers (VASPs). […]
Read MoreArk Invest Cuts Bitcoin Target as Stablecoins Rewrite the Crypto Playbook
Ark Invest is refining its bitcoin outlook as surging stablecoin adoption transforms global digital finance, with Cathie Wood signaling robust confidence in bitcoin’s long-term value despite trimming projections amid accelerating institutional engagement and emerging market integration. Ark Invest Recalibrates Bitcoin Outlook Amid Explosive Stablecoin Growth The rapid expansion of stablecoins is reshaping expectations for bitcoin’s […]
Read MoreXRP ETFs Near Breakthrough as Institutional Heavyweights Race Toward Launch
XRP ETF launches move closer as DTCC listings and new SEC filings from major issuers suggest trading could begin imminently, signaling a pivotal advancement in integrating digital assets into mainstream institutional markets. XRP ETFs Near Launch as Institutional Momentum Builds Financial institutions are ramping up efforts to bring XRP exchange-traded funds (ETFs) to market, marking […]
Read MoreReport: Saudi Arabia’s Stablecoin Initiative Wins Industry Confidence
Saudi Arabia’s government is preparing to introduce stablecoins under national regulation, drawing praise from global crypto exchanges that see the Kingdom’s move as a milestone for digital finance. Saudi Arabia Eyes Stablecoin Launch According to a report from Alarabiya.net, the official website of the Saudi-owned international news channel Al Arabiya, the Minister of Municipal, Rural […]
Read MoreUS Government Shutdown Hits Day 40 as Polymarket Traders Bet 60% on Mid-November or Later
As the U.S. government shutdown drags into its 40th day, prediction markets like Polymarket and Kalshi are betting big that the political deadlock won’t be ending anytime soon. Government’s Longest Shutdown May Keep Breaking Records It’s official — Washington’s standoff has entered uncharted territory. With the shutdown clock striking 40 days, bettors on prediction markets […]
Read MorePrivacy Coins Ignite: Zcash, Monero and Others Rocket as Investors Chase Anonymity-Driven Tech
On Sunday, privacy coins put on a show as zcash (ZEC) leapt 12.8% to crack the $640 mark, while monero ( XMR) sprinted 21% to sail past $440 per coin. Privacy tokens are clearly basking in the spotlight right now—and the crowd’s loving it. Privacy-Coins Continue to Rally After a quick breather on Saturday, the […]
Read MoreVolume Fades, Nerves Rise: XRP Charts Signal Uncertain Days Ahead
With XRP now sitting at $2.30 to $2.31 over the last hour, marking a modest 1.6% gain for the day, the coin sports a market capitalization of $138 billion and a 24-hour trading volume of $2.48 billion. A tightly wound intraday range between $2.25 and $2.33 hints at caution beneath the surface sparkle. XRP Chart […]
Read MoreYield-Bearing Stablecoins Witness a Stampede for the Exits After 3 Tokens Collapse
The $20.43 billion yield-bearing stablecoin sector slipped massively this week, according to stablewatch.io, as several synthetic and algorithmic stablecoins suffered heavy outflows and severe depegs. The turmoil centered around the yield-bearing stablecoins deUSD, XUSD, and USDX, all of which collapsed from their dollar pegs in a matter of days. Massive Outflows Hit Leading Yield-Bearing Tokens […]
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