Bitcoin Leverage Heats Up as Traders Bet on Price Rebound
In brief Bitcoin’s three-month futures basis has ticked up, suggesting increased derivatives activity. Coinbase CEO says retail users are “buying the dip” with resilient balances...
Tag : bet
MrBeast buys Gen Z bank just weeks after BitMine's $200M bet
Beast Industries, the entertainment company founded by YouTuber Jimmy “MrBeast” Donaldson, is acquiring Step, a mobile banking app focused on teenagers and young adults, marking...
Strategy's Bitcoin Bet Dips Underwater as Firm Adds to $56 Billion BTC Stash
In brief Strategy’s Bitcoin bet showed losses on paper for the first time in years. Its shares have fallen 62% over the past six months....
Galaxy to launch $100M hedge fund to bet on rising, falling crypto prices
Mike Novogratz’s digital asset company Galaxy is preparing to launch a $100 million hedge fund aimed at profiting from both rising and falling crypto prices....
Steak ’n Shake Makes First Bitcoin Treasury Bet With $10M BTC Purchase
Steak ’n Shake, the 91-year-old American burger chain, has taken its first public step into corporate Bitcoin ownership, announcing a $10 million purchase of the...
Polygon Reportedly Slashes 30% of Staff After Massive $250M Payments Bet
Polygon Labs has been reported to have already laid off a significant number of its employees as the company continues to explore more on the...
Kain Warwick loses $50K ETH bet, BitMine’s ‘1000x’ share plan: Hodler’s Digest, Dec. 21 – Jan. 3
Top Stories of The Week ‘Hundreds’ of EVM wallets drained in mysterious attack: ZachXBT An attacker has drained “hundreds” of crypto wallets on Ethereum Virtual...
Pelosi, 30 Democrats Target Prediction Markets With Ban Following Suspicious $400K Maduro Bet
A new legislation to limit the interactions between government officials and the prediction markets is being supported by more than 30 Democrats in the U.S....
Sharplink Rakes in $33M From Ether Staking as “100% ETH” Bet Pays Off
SharpLink Gaming’s decision to commit fully to Ethereum and place its entire crypto treasury into staking is beginning to show measurable results, as the company...
Myriad Moves: Traders Bet on Zcash Rebound, But Aren't Buying Another Bitcoin All-Time High
In brief Predictors on Myriad do not expect a fresh Bitcoin all-time high to happen before June. They are also bearish on Ethereum’s next stop,...