While the crypto market’s brief dip after U.S. Presidential candidate Kamala Harris’ debate “win” against Donald Trump suggested the market favours the former president, Ziad El Baba, Ramp Network’s chief product officer, says the drop’s short-lived nature indicates users are wary of both candidates. El Baba also notes the market’s quick recovery reinforces a notion […]
Polymarket’s Integrity Questioned Over Venezuelan Presidential Election Bet Outcome
Polymarket, a cryptocurrency-based prediction market, has declared Edmundo Gonzalez, the opposition candidate, the winner of the Venezuelan presidential election bet. The decision, made days after the election, ignores the official results announced by the National Electoral Council (CNE), which proclaimed Maduro as president amidst fraud allegations from opposition leaders. This prompted several users to question […]
Polymarket Sets Position on Venezuelan Election Bet Outcome
Polymarket, the cryptocurrency-based prediction markets platform, explained its position regarding the bet on the Venezuelan presidential election. While opposition forces alleged that voting fraud had been committed, President Nicolas Maduro, who led the bet most of the time, was proclaimed on June 29 by National Electoral Council authorities. “People deserve honest answers about the future […]
Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts” against crypto firms, the Ripple CEO stated: “At what point […]
Kevin O’Leary Anticipates Strong Institutional Interest in Crypto Regardless of Spot Bitcoin ETF Outcome
Shark Tank investor Kevin O’Leary, also known as Mr. Wonderful, has emphasized that institutional interest in crypto and bitcoin will remain high regardless of the U.S. Securities and Exchange Commission (SEC)’s decision on spot bitcoin exchange-traded funds (ETFs). “Even a no decision will not change the long-term potential,” he stressed. Kevin O’Leary Discusses Impact of […]