Bitcoin traders are scrambling to buy options bets that would pay off if the selloff deepens. www.coindesk.com
Bets
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Scams
House Republican Introduces Insider Trading Bill to Ban Lawmaker Prediction Market Bets
by shayaanby shayaanIn brief Rep. Bryan Steil (R-Wis.) introduced the Stop Lawmakers from Predicting Act on Thursday. The bill would bar members of Congress, …
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Markets
VanEck bets BNB’s real-world usage can stand out in a crowded crypto ETF market
by shayaanby shayaanVanEck says BNB’s user activity and revenue generation make it a stronger long-term crypto investment case than many blockchain projects still selling …
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Markets
CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets
by shayaanby shayaanMonarq and DV Chain kick off trading in CME’s bitcoin volatility index futures. www.coindesk.com
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An amendment to Hong Kong’s Stamp Duty bill could mean that dual-counter securities traded in yuan are subject to stamp duty directly …
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As more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside …
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Smart Contracts
Google Engineer Charged Over $2.75 Million in Alleged Polymarket Insider Trading Bets
by shayaanby shayaanIn short A Google employee was indicted for alleged Polymarket transactions using private data. The CFTC also filed a civil case seeking …
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DeFi
Whale Bets $16M Against Bitcoin and Ether While Doubling Down on TradFi via Hyperliquid
by shayaanby shayaanA wallet identified as smart money holds cumulative short positions worth an estimated $16 million on derivatives platforms. This investor’s trading metrics …
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In brief Indonesian authorities blocked Polymarket on Friday, citing violations of local gambling laws. The ministry is tracing affiliated social media accounts …
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The decentralized exchange’s new HIP-4 product lets traders bet on offchain events like inflation and interest-rate decisions, using validators rather than UMA-style …