Tag: U.S
Why BlackRock’s Crypto Move Trumps U.S. Election, According to QCP Capital’s Darius Sit
Darius Sit, the co-founder and chief investment officer of QCP Capital, a Singapore-based crypto trading firm, believes that the recent entrance of BlackRock into the crypto market is more significant than the outcome of...
Institution Invests $25M in Derive’s Bitcoin Options Market Amid U.S. Election
Amid the upcoming U.S. election, a significant institution has made a bold move by investing $25 million in Derive's Bitcoin options market. The institution has implemented a complex strategy that could potentially yield substantial...
Crypto Custodian Balance Aims to Repatriate U.S. ETF Assets to Canada
Canada's leading crypto custodian, Balance, has recently achieved qualified custodian status in the country. This milestone has prompted CEO George Bordianu to advocate for repatriating Canada's ETF digital assets from sub-custody arrangements in the...
CFTC Criticizes Federal Court Decision Allowing Kalshi’s U.S. Election Betting Market
The U.S. Commodity Futures Trading Commission (CFTC) has criticized a federal court decision that allowed prediction market platform Kalshi to list and trade election contracts. The CFTC argued that the district court judge overseeing...
Bitcoin’s Correlation with Dollar Index Tested Amid U.S. Election Uncertainty
Bitcoin's relationship with the Dollar Index is being put to the test as uncertainty looms over the U.S. election. Historically, Bitcoin has shown a negative correlation with the Dollar Index. However, this correlation may...
Bitnomial Exchange Lawsuit Against U.S. SEC for Regulatory Overreach
Bitnomial Exchange is taking legal action against the U.S. Securities and Exchange Commission (SEC) for what it claims is an overreach in its regulatory authority over digital assets. The exchange is specifically challenging the...
U.S. September CPI Rises 0.2% Above Expectations
The Consumer Price Index (CPI) in the U.S. rose by 0.2% in September, exceeding the expectations set by economists. Additionally, the core CPI, which excludes food and energy costs, also saw a growth of...
Bitcoin and Gold Poised to Gain from Geopolitical Tension and U.S. Election: JPMorgan
Geopolitical tensions and the upcoming U.S. presidential election are expected to have a significant impact on the financial markets, according to a recent report by JPMorgan. The report highlights that both Bitcoin and gold...
U.S. Presidential Election Betting Markets: Polymarket Dominates Live Market Share
Two U.S.-regulated, dollar-denominated prediction markets have recently opened for bets on the upcoming presidential election. Kalshi and Interactive Brokers' (IAB) ForecastEx both launched their presidential markets this week, providing an opportunity for traders to...
AI Tokens Driving Crypto Recovery in Robust U.S. Economy
AI Tokens Driving Crypto Recovery in Robust U.S. EconomyThe digital asset market saw a surge on Friday as altcoins led the way following positive news. Artificial intelligence-focused tokens like Bittensor's {{TAO}} and Render's (RNDR)...
