Crypto.com Opposes Proposed US Ban on Prediction Markets and Event Contracts
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Crypto.com Opposes Proposed US Ban on Prediction Markets and Event Contracts

Crypto.com Senior Vice President Steve Humenik has joined Coinbase by voicing opposition to a proposed rule change by the Commodity Futures Trading Commission (CFTC) that could lead to the prohibition of prediction markets in the United States. In a letter to the CFTC, Humenik expressed concerns about the implications of the proposed regulation, urging the […] Source: https://news.bitcoin.com/crypto-com-opposes-proposed-us-ban-on-prediction-markets-and-event-contracts/

Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14
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Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14

Following the latest difficulty change 11 days ago when the metric increased by 10.5%, Bitcoin’s difficulty is estimated to shift downward between 4% to 5.3% on Aug. 14. Bitcoin’s All-Time High Difficulty Faces Estimated Reduction Bitcoin miners may get some relief in three days when the difficulty retarget shifts following the largest difficulty rise so […] Source: https://news.bitcoin.com/bitcoin-difficulty-reduction-incoming-miners-brace-for-a-major-shift-on-aug-14/

2024 Crypto Rollercoaster: BOME Soars 11,931% as W Slides 84%
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2024 Crypto Rollercoaster: BOME Soars 11,931% as W Slides 84%

It’s been seven months—or precisely 223 days—since 2024 kicked off, and several digital currencies have experienced impressive gains. Leading the pack are two meme coins, BOME and MOG, which have skyrocketed by 11,931% and 3,733%, respectively, over this period. Crypto’s Year-to-Date Gainers and Losers In 2024, statistics reveal that several crypto assets have achieved impressive […] Source: https://news.bitcoin.com/2024-crypto-rollercoaster-bome-soars-11931-as-w-slides-84/

150,000 Ether Floods Liquid Staking Platforms in 27 Days
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150,000 Ether Floods Liquid Staking Platforms in 27 Days

In the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing into various protocols. Notably, since July 14, 100,000 ETH made its way to Lido, the world’s leading liquid staking platform by market share. Ethereum Liquid Staking Spikes to 13.59 Million Ether, Lido Nears 10 […] Source: https://news.bitcoin.com/150000-ether-floods-liquid-staking-platforms-in-27-days/

The 7 Oddest Political Betting Pools on Polymarket
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The 7 Oddest Political Betting Pools on Polymarket

Political turmoil in the U.S. has prompted surging interest in the decentralized prediction platform Polymarket, with users wagering hundreds of millions of dollars on the outcome of the presidential election in November. Polymarket allows anyone to create a market to wager the outcome of nearly any event. With fewer than 90 days until the election, political betting pools are on…

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Kiyosaki on Market Crash, Crypto for Harris, and More — Week in Review
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Kiyosaki on Market Crash, Crypto for Harris, and More — Week in Review

Robert Kiyosaki declared that the much-anticipated market crash has arrived, emphasizing the significant losses and highlighting it as an opportunity for investors to buy assets like gold, silver, and bitcoin at lower prices. The Democrats are engaging with the crypto sector, launching a “Crypto for Harris” initiative to garner support for Vice President Kamala Harris. […] Source: https://news.bitcoin.com/kiyosaki-on-market-crash-crypto-for-harris-and-more-week-in-review/