Tag: Derivatives

Business

Hollywood.com Reveals Crypto-Powered Prediction Market for Movies, TV and More

In brief Hollywood.com and Crypto.com are joining to debut entertainment-focused prediction markets. Prediction markets are booming lately with record volume and multi-billion-dollar platform valuations. Crypto.com is also powering an upcoming Truth Predict platform from Trump Media & Technology Group. Prediction market fever is sweeping through crypto, politics, sports—and now Hollywood, too.On Monday, Hollywood.com announced an…

Business

Ripple Prime Clients Gain Access to Spot Crypto Trading

In brief Ripple Prime clients will have access to dozens of cryptocurrencies. Customers can engage in OTC spot transactions, Ripple said. Hidden Road was a multi-asset prime brokerage. XRP-linked fintech Ripple began letting U.S. customers access spot trading for dozens of cryptocurrencies through its Ripple Prime service, the company said in a blog post on…

Law and Ordermatic-network

Romanian Regulator Blacklists Polymarket as ‘Gambling That Must Be Licensed’

In brief Romania’s gambling regulator blacklisted Polymarket in the country. The regulator said it meets the definition of counterparty betting as users put up a stake, and a future event determines the outcome. Of particular concern was expanding volumes on Romanian elections, which have stretched into the millions of dollars. Leading prediction market Polymarket was…

Markets

Panic and Greed Are Shaping Ethereum’s Price: What’s Next?

In brief Ethereum’s price swings are dictated by a cycle of extreme greed and panic in funding rates, according to analysts. They argue that the market is under stress, sustained by leverage rather than real spot demand. Breaking the volatile cycle requires a reset in derivatives positioning and new spot buying, analysts told Decrypt. Ethereum…

Markets

How Solana and XRP Futures Became CME’s Fastest Growing Crypto Products

In brief Solana and XRP futures are CME Group’s fastest growing crypto products. They have benefited from maturing markets, CME’s Giovanni Vicioso said. They allow market participants to pursue popular trading strategies, he added. Bitcoin and Ethereum walked, so Solana and XRP could run, according to Giovanni Vicioso, CME Group’s global head of cryptocurrency products.The…