Prediction markets see a divided government after midterm elections. Here’s how you should trade, Citi says.
The odds on Polymarket of a sweep by the Democratic Party in November have risen to 48%, and Citigroup sees a potential rally in bonds. Source:MarketWatch
No change in bitcoin holdings as Strategy boosted dollar reserve, bought back more STRC last week
Led by Executive Chairman Michael Saylor, the company raised $333.7 million via the sale of common stock. Source:CoinDesk
Bitcoin options remain expensive despite summer calm. Here's why it matters
Bitcoin’s implied volatility is near a seasonal floor, but options continue to price substantially more movement than the market is delivering. Source:CoinDesk
Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot
The price of bitcoin tracked a bounce in equities, but a $390 million ETF outflow streak and 10% odds on landmark crypto legislation leave markets searching…
Coinbase-Circle USDC collaboration, FOMC minutes, oil price: Crypto Week Ahead
Your look at what's coming in the week starting Aug. 17 Source:CoinDesk
September Fed interest-rate increase is 'very unlikely,' Goldman Sachs says
Soft economic data has Goldman Sachs doubting a September rate increase, offering good news for bitcoin bulls. Source:CoinDesk
The bitcoin futures market looks like a crowded club with a tiny exit – and it could cause pain
The market may be facing a dangerous liquidity mismatch as futures open interest outpaces trading volume by a significant margin. Source:CoinDesk
XRP traders bet on a rebound as price slips to $1 and bearish chatter surges
Futures open interest climbed to $2.78 billion and traders on Binance and OKX leaned heavily long, even as social sentiment hit a threemonth low.…
Bybit adds Unitree, Moonshot AI to pre-IPO perpetuals lineup
The additions come as Bybit’s TradFi perpetuals lineup grows to more than 200 products spanning equities, ETFs, commodities, indices and private companies.…
Robot maker Unitree is going public. Hyperliquid traders see 4x upside from IPO price
Hyperliquid traders value Unitree at nearly $38 billion versus $9 billion at its IPO, leaving leveraged bets vulnerable when trading begins, Allium analysts…
Bitcoin could bottom in October, altcoins are ‘basically dead,’ Swan CEO says
Klippsten said Bitcoin could bottom about a year after its previous peak and argued that crypto’s best outcome is to become part of TradFi. Source:Cointelegraph
Kalshi ordered to stop broad range of prediction markets in Washington
Kalshi must implement initial geofencing by Aug. 19 and a GeoComply multisource geofencing system by Sept. 2. Source:Cointelegraph