Key Takeaways ▸ California’s nonpartisan top-two primary system is forcing traders to price who advances, not just who wins, creating more complex and active markets. ▸ Polymarket has drawn over $9.1M and Kalshi over …
Race
Crypto wallet provider Exodus (EXOD) is entering the stablecoin market with the launch of a fully reserved, USD-backed stablecoin in partnership with fintech firm MoonPay. MoonPay will issue and manage the stablecoin, with support …
- Blockchain Research
Elite Ferrari clientele to bid on Le Mans race car with digital tokens
by adminby adminFerrari is making a pit stop in crypto, but only for its VIP clientele. The Italian automaker plans to issue a “Token Ferrari 499P” that its 100 most exclusive customers can use to bid …
CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to Bloomberg, the Chicago exchange plans to …
- Crypto Education
Stablecoin Issuers Race for US Bank Charters as Stripe’s Bridge Joins the Queue
by adminby adminIn brief Bridge, Stripe’s stablecoin arm, has applied to the OCC to form a national trust bank under the GENIUS Act. The charter would place its stablecoin issuance and reserves under a unified federal …
Sony Bank files for a national trust charter to issue stablecoins, as Anchorage Digital expands its banking services. The U.S. crypto banking sector is heating up as Japan-based Sony Bank, a subsidiary of the …
Elon Musk Praises Bitcoin’s Inflation-Proof Model Amid AI Arms Race
Billionaire entrepreneur and Tesla CEO Elon Musk touted Bitcoin’s ability to protect investors from fiat money printing, which may increase due to what analysts call a forthcoming government-funded race to develop artificial intelligence. Musk …