Tag: Bets

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Tom Lee’s BitMine is now down $6 billion on Ethereum (ether) bets

BitMine Immersion’s aggressive ether accumulation has turned sharply against it after the latest leg lower in crypto markets, leaving the company with more than...

Brave Bets on Social Heist Puzzles to Pull Players Into Its Gaming Push

In brief Brave is launching a multi-week “vault heist” game across its browser, X, and Discord starting February 3. More than 4,000 players have already pre-registered...

Bitcoin bullish bets now a bargain as weekly loss underlines bearish trend: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise)The crypto market feels extra slippery after bitcoin BTC$87,943.89 fell 7% last week, its biggest loss...

China Fixes Strong Yuan, Bets on Continued Weak‑Dollar Policies

China has fixed the yuan at its strongest level since 2023, betting on continued U.S. policy that keeps the dollar weak. According to Xinhua,...

Agora’s Nick van Eck bets on stablecoin boom in enterprise payments

Agora, a startup founded by entrepreneur and VanEck heir Nick van Eck, is positioning itself for a stablecoin market that’s moving beyond crypto-native trading.While...

R3 bets on Solana to bring institutional yield onchain

After more than a decade building infrastructure for exchanges, financial institutions and central banks, R3 saw the market starting to bend in a new...

New research projects U.S. inflation resurgence, challenging bitcoin bulls' disinflation bets

Inflation in the United States could climb above 4% this year, according to a new analysis by Adam Posen of the Peterson Institute and...

Bitcoin drop to $89,000 leads to $1 billion liquidations for bullish BTC bets

Roughly 92% of the $1.09 billion in liquidations came from long bets, indicative of how heavily traders had been positioned for further gains before...

Massachusetts Judge Bars Kalshi from Offering Sports Bets: Report

The preliminary injunction against the prediction markets platform reportedly came at the request of Massachusetts Attorney General Andrea Joy Campbell.Cointelegraph is committed to independent,...

Massachusetts judge poised to tell Kalshi to stop taking sports bets in state

The prediction market platform Kalshi will be preliminarily ordered by a superior court justice in Massachusetts to halt its online sports business there.

Tim Draper Bets Big Again, Calls $250K Bitcoin in Six Months

Venture capitalist Tim Draper is back with another bold bitcoin call, declaring in an X post after his interview with the Divot podcast and...

Short Squeeze Hits Top 500 Cryptos, Traders Unwind Bearish Bets

Cryptocurrency markets staged their largest short squeeze since the sharp selloff in early October, as a rebound in prices forced bearish traders to unwind...