Prediction Markets Driving Expansion Plans at Robinhood

Trading platform Robinhood says prediction markets have emerged as one of its fastest-growing product lines in terms of revenue, and is now set to expand its business with a futures and derivatives exchange and clearinghouse. Since launching its prediction markets in March in partnership with prediction market platform Kalshi, nine billion contracts have been traded…

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Bitcoin Could End ‘Like A Monopoly Game’: Michael Green

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Macro investor Michael Green, who is known as the Cassandra of Passive Investing, has sharpened his critique of Bitcoin, arguing that its design makes it economically brittle and socially corrosive, setting up a winner-takes-all outcome “like a Monopoly game.” In an interview…

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Polymarket Wins US Regulatory Approval

Today in crypto: Polymarket received approval to operate an intermediated trading platform in the United States. The United Arab Emirates introduced a new financial law bringing crypto under regulatory oversight, and crypto projects saw their second-best quarter of venture capital funding since Q3 2022. Polymarket wins regulatory approval to operate US trading platform Prediction platform…

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US Bancorp selects Stellar chain for stablecoin pilot

Key Takeaways US Bancorp is piloting its own stablecoin on the Stellar blockchain. Stellar was chosen for its strong compliance-oriented features like asset freezing and transaction management. Share this article US Bancorp, a Minneapolis-based financial institution, is testing its own stablecoin on Stellar, a public blockchain focused on facilitating financial transactions and asset tokenization with…

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Bitwise’s Matt Hougan Reveals Why Most Crypto Treasury Firms Should Actually Trade at a Discount

Bitwise’s Matt Hougan believes that larger DATs gain major advantages in debt markets, lending capacity, derivatives access, and M&A opportunities. Bitwise Chief Investment Officer Matt Hougan outlined a valuation framework for digital asset treasury companies (DATs) and said that analysis of the sector often misunderstands how these firms should be priced relative to the…

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Japan Tightens Crypto Regulations With Proposal for Compensation Reserves Amid Hack Risks

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Japan is taking decisive action to strengthen investor protection in its rapidly growing crypto sector. Related Reading: Analyst Predicts 430% PEPE Price Rally If This Level Holds The country’s Financial Services Agency (FSA) is preparing a sweeping regulatory overhaul that would require…

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