Search Results for "crypto betting"
May 8: Are you betting on the fastest horse?
What a day to usher into the weekend. BTC traded past $10k for a bit and now over 7% higher in the past 24 hours. The clear catalyst was Paul Tudor Jones announcing that his $22 billion fund will be investing in BTC a low single digit % of assets because it's a great hedge against a "great monetary inflation". It also reminded him of gold in the 70s, and I thought this was the highlight "At the end of the day, the best profit-maximizing strategy is to own the fastest horse. Just own the best performer and not get wed to an intellectual side that might leave you weeping in the performance dust because you thought you were smarter than the market. If I am forced to forecast, my bet is it will be Bitcoin.” It is also important to note this will largely remove much career risk of any hedge fund manager who wants to allocate into BTC today. Next wave of institutional buyers coming soon? Is that why CME listed futures open interest hit a record high yesterday?
What Biden’s Presidency Could Mean for Crypto
With Joe Biden's presidential win, the crypto community has speculated on how this would impact the industry.
OKEx Delves Deeper Into Indian Crypto Space with CoinDCX Partnership
OKEx, a leading Malta-based crypto exchange, has shown its resilience to penetrate the Indian crypto market despite the roaming uncertainties based on its partnership with CoinDCX, the nation’s biggest crypto trading platform.
Mastercard Still Betting on Blockchain Despite Pulling Out from Facebook’s Libra
Mastercard recently pulled out of the Libra Association, along with Visa and PayPal, however, it has been reported that the payment processor is not giving up on blockchain.
Betmatch Employs Blockchain to Revolutionize Sports Betting
Betmatch views blockchain as the perfect technology needed in revolutionizing the sports betting sector based on the decentralized ledger network availed. Blockchain will provide every bettor with optimal transparency as he/she can see the entire bet terms.
Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations
The Nigeria Securities and Exchange Commission has announced a proposed crypto regulation guideline.
The Truth Behind Crypto and Online Gambling
Internet proliferation has enabled cryptocurrencies to emerge as convenient payment avenues in online gambling as hundreds of betting sites offer this option acting as the icing on the cake in this sector.
Exclusive: Can Onchain Custodian Fill Fidelity's Gap in Crypto Custody?
While wall street giant Fidelity tapped into the crypto custodian space, can Onchain Custodian survive under the fierce competition? Alexandre Kech, CEO of Onchain Custodian believes that they can fill Fidelity's gap in the crypto custodial market. He also explains how the surging demand in BTC futures and crypto collateral can present huge business opportunities for crypto custodians.
Fortex Launches Crypto Non-Deliverable Forwards
Fortex Technologies, a globally recognized multi-asset trading provider, has announced the expansion of its crypto services to include crypto non-deliverable forwards (NDFs), as well as an institutional platform for cryptocurrencies and digital assets.
5 Ways The Crypto Market Has Changed In 2020
The cryptocurrency market is constantly evolving. Among new investment methods, new technologies, and new cryptocurrencies altogether, these are some of the most prominent developments in 2020.
How The Casino Industry is Gaining Profit Amid The COVID Lockdown
Analysts from Morgan Stanley have predicted in a recent online publication that the impact of Coronavirus in the U.S., which has led to the shutdown of casinos, could lead to faster growth of the online sports betting industry, and online casinos. The countrywide lockdown that was instituted to control the spread of Covid-19 has spurred an interest in online gambling for individuals involved in the industry, as well as attracting new customers.
Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert
During a presentation at the Asian Racing Conference in Cape Town, South Africa, Tom Chignell, a Hong Kong Jockey Club expert, warned that illegal cryptocurrency betting markets could seriously compromise jockey racing integrity.