Tag: bet

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Crypto Startup Uses Polymarket to Bet on Its Own Fundraise, Blindsiding Backers

In brief Stablecoin startup P2P.me went viral on X after apologizing for placing Polymarket wagers on its own fundraising efforts. P2P.me's biggest backers were unaware of...

Charles Hoskinson says crypto missed mass adoption, his $200M Midnight bet aims to fix that

Midnight, a blockchain backed by Charles Hoskinson, went live Monday, designed to fix what the Cardano founder described as crypto’s core design flaws by...

Bitcoin Traders Bet On Sub-$66K BTC In April Due To Rising Fear

Key takeaways:Bearish sentiment is rising as Bitcoin options professional traders lose confidence that the $66,000 level will hold for long.The exit of David Sacks...

Polymarket traders bet on Iran ceasefire even as oil shock concerns persist: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise)The Iran war has single-handedly soured the macro environment for risk-takers in financial markets, and some...

Crypto firms are ditching hundreds of workers to bet the house on AI

The Algorand Foundation on Wednesday joined the ranks of crypto firms slashing headcount, losing 25% of its fewer than 200 employees and citing "the...

Strategy CEO Calls Morgan Stanley ETF A “Monster Bitcoin” Bet

Phong Le, President and CEO of Strategy, the world’s first and largest Bitcoin treasury firm, said Morgan Stanley’s proposed bitcoin ETF could...

Rivian’s Bet on AI Attracts $1.25 Billion Uber Deal

Uber will invest up to $1.25 billion in EV maker Rivian as part of a deal that could see the ride-hailing giant ultimately buy...

Prediction Markets Bet Bitcoin Will Drop Below $55K in 2026

Bitcoin (BTC) may go as low as $55,000 in 2026 as the market lacks bullish catalysts amid macroeconomic uncertainties. Key takeaways:BTC price has a 65%-71%...

Big Bet Takes Action to Block Prediction Markets in Brazil

Betting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and Kalshi, in Brazil. The betting lobby...

Tether Backs Ark Labs’ $5.2 Million Bet on Bitcoin’s Stablecoin Revival

In brief Ark Labs secured backing from Tether and Anchorage Digital. The firm plans to advance stablecoins and real-world assets on its Bitcoin layer. The technology processes...

Traders bet on bitcoin reclaiming $80,000

Sentiment in the bitcoin BTC$69,951.35 market has flipped bullish and traders are betting on a rally above $80,000, with traders positioning for a rally...