Month: January 2025

Singapore’s gambling regulator blocked access to Polymarket, a predictions market, considering it online gambling under their law. Offenders Face Stiff Fines or Jail Time Singapore’s Gambling Regulatory Authority (GRA) has reportedly blocked access to Polymarket, a predictions market, as part of a broader crackdown on unlicensed gambling service providers. Under Singaporean law, predictions markets like […] Source: https://news.bitcoin.com/singapore-cracks-down-polymarket-blocked-amidst-global-scrutiny-of-unlicensed-gambling-platforms/

The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment […] Source: https://news.bitcoin.com/circle-reports-18-trillion-in-lifetime-usdc-transactions/

QCP Capital has observed a notable recalibration in global market expectations regarding Federal Reserve policy, marked by the 10-year Treasury yield ascending to 4.8%—its highest level since late 2023. QCP Advises Caution While ‘Shrimp’ Investors Quietly Amass 17,600 Btc Monthly, Defying Market Turbulence In an adjustment that reflects shifting sentiment, markets now foresee no rate […] Source: https://news.bitcoin.com/rate-cuts-delayed-crypto-cautious-qcp-capital-insights-highlight-key-risks/

Artificial intelligence cryptocurrencies are still making sizable gains—just as asset manager Franklin Templeton highlights how big AI and crypto could be together. Franklin Templeton said in a Tuesday note that how AI agents interact on blockchains is “very exciting.” And it noted the current buzz surrounding AI16z and the Virtuals Protocol—two tokens that have made some of the biggest gains…

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Crypto ETF innovation is set to be a key trend in 2025, with new funds and hybrid strategies emerging. However, market analysts predict demand may fall short of the historic levels seen during the first year of bitcoin ETFs, signaling a more tempered growth phase ahead. Bitcoin exchange-traded funds revolutionized the market when they launched, attracting $36 billion in net…

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The success of the Bitcoin ETFs—launched this time last year—was unprecedented. And there’s a market for more crypto funds, according to analysts at America’s biggest bank, though that level of prosperity will be difficult to duplicate. In a Monday report, a team of researchers at JP Morgan said that Solana and XRP ETFs could respectively pull in billions of dollars’…

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