Iran war shows markets no longer sleep
The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.
Markets
It’s time for clarity for America’s digital asset markets
Americans are sending Washington a clear message: the United States should lead the future of digital finance, not fall behind while other countries write the rules. A new national HarrisX survey of registered voters found that 70% say the U.S. should have already passed crypto… Read More
Bitcoin stalls below $83K while altcoins flash bullish rotation: Crypto Markets Today
The crypto market dropped back on Thursday with bitcoin BTC$80,840.60 losing around 0.7% since midnight UTC following Wednesday’s rally to a three-month high of $82,800. Ether lost around 1% during Asia and European hours, now trading at $2,325 having briefly topped $2,420 on Wednesday. The… Read More
U.S. senators won’t be weighing in on prediction markets bets after banning themselves
A U.S. Senate that’s struggled to move crypto market structure legislation moved like lightning on Thursday to ban themselves from participating in prediction markets. Acting on a simple, 14-line resolution pushed by Ohio Republican Senator Bernie Moreno, the Senate agreed unanimously to put a restriction… Read More
XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi
*** NOT FOR PUBLICATION – EMBARGOED TILL 5AM ET APRIL 30 **** XO Market is betting that the future of prediction markets won’t be dictated by centralized teams deciding what people can trade on, but by users themselves. The startup, which just closed a $6… Read More
Aave faces ‘serious trouble’ as all its core markets hit 100% utilization. What this means.
Aave, one of the largest decentralized lending platforms, effectively froze Tuesday after all its major lending protocols ran out of available funds, leaving users unable to withdraw billions of dollars in crypto, DeFi Warhold said as he explained what the 100% utilization means. Roughly $5… Read More