A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company’s over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025. Ethereum Acquisition? Wintermute Predicts Public Company […]
Singapore Cracks Down: Polymarket Blocked Amidst Global Scrutiny of Unlicensed Gambling Platforms
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 […]
Crypto Market Cap Surpassed Global Inflation-Linked Bond Market in Q4: Grayscale Report
The Q4 2024 crypto valuation surge saw the digital asset market cap surpass that of the global inflation-linked bond market. Crypto Market Cap Dwarfs U.S. High-Yield Bond Market The crypto market capitalization surged from $ 1 trillion to over $ 3 trillion in the last quarter of 2024, surpassing that of the global …
Bitcoin’s Global Price Tug-of-War: US Discounts, South Korea Premiums Soar
Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global
Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase’s choice to drop wrapped bitcoin (WBTC) from its exchange. Coinbase Defends Its Decision to Delist WBTC In a court filing submitted on Tuesday, Coinbase defended its action, claiming it was a necessary step to shield its […]