Crypto News

The Fed Is Set to Cut Rates, Boosting the Outlook for Crypto

The Fed Is Set to Cut Rates, Boosting the Outlook for CryptoSource link

Bitfinex Celebrates 12 Years of Innovating in Bitcoin and Digital Finance

Bitfinex marks its 12th anniversary, highlighting its role in advancing Bitcoin technology and digital finance, with a focus on innovations like Lightning Network support and tokenized securities. (Read More)Source link

Polymarket vs. Polls: Trump’s Victory Vindicates Prediction Markets

Haseeb Qureshi, managing partner at the VC crypto fund Dragonfly, believes that prediction markets like Polymarket have been vindicated after facing accusations of bias in anticipation of the U.S. election. Qureshi highlights that for-profit market makers are driven by potential earnings, giving them an edge over polls and media, which can be manipulated. ‘Poly-poll’ orSource link

Former FTX CTO Gary Wang Asks Court for No Jail Time

Gary Wang, the former chief technology officer at FTX and a one-time member of former CEO and convicted fraudster Sam Bankman-Fried’s inner circle, has requested that he serve no prison time for his role in the crypto exchange’s 2022 implosion.Source link

Bitcoin Posts Huge Volumes as Investors Weigh Bullish Trump Administration

"Investors are watching closely, hoping that pro-crypto promises made during recent conferences will be fulfilled," an analyst said about the election.Source link