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Nalezeno "bets": 1153

Bitcoin sags below $108K as rate-cut bets evaporate before Fed minutes


Key points:Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September.Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says.BTC/USD continues to drop toward new multiday lows.Bitcoin (BTC) sold...

Bitcoin sags below $108K as rate-cut bets evaporate before Fed minutes


Key points:Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September.Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says.BTC/USD continues to drop toward new multiday lows.Bitcoin (BTC) sold...

Big Short’s Michael Burry Bets on Lipstick to Combat Recession


Michael Burry, known for predicting the subprime mortgage crisis in 2008, sold a major portion of his holdings during Q1 to focus on a single cosmetics stock: Estée Lauder. Analysts believe Burry expects a recession, based on the notion that makeup purchases tend to increase during economic...

Jim Chanos takes opposing bets on Bitcoin and Strategy


Prominent short-seller Jim Chanos, once a vocal critic of Bitcoin and cryptocurrencies, has revealed a new trading play that involves shorting shares of Strategy (formerly MicroStrategy) and buying Bitcoin.At the Sohn Investment Conference in New York, Chanos told CNBC he’s “selling...

Polymarket bets on Mark Carney for PM as Canadians head to the polls


Update (April 29 at 12:40 am UTC): This article has been updated to include information on Elon Musk’s and Brian Armstrong’s citizenships.Crypto users betting on the outcome of the snap election to determine Canada’s next prime minister appear to be favoring a Liberal Party...

Polymarket bets on Mark Carney win as Canadians head to the polls


Crypto users betting on the outcome of the snap election to determine the next Prime Minister of Canada appear to be favoring a Liberal Party victory as residents head to cast their votes.As of April 28, cryptocurrency betting platform Polymarket gave current Canadian Prime Minister and Liberal...

Avalanche-powered Axiym bets on money services businesses


Global cross-border payment platform Axiym is targeting the rising demand from money services businesses (MSBs) for blockchain-based infrastructure and stablecoin solutions for international transactions, the company told Cointelegraph.Headquartered in Dubai, United Arab Emirates, Axiym disclosed...

Avalanche-powered Axiym bets on money services businesses


Global cross-border payment platform Axiym is targeting the rising demand from money services businesses (MSBs) for blockchain-based infrastructure and stablecoin solutions for international transactions, the company told Cointelegraph.Headquartered in Dubai, United Arab Emirates, Axiym disclosed...

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