Polymarket’s 2025 prediction markets have over $1 billion wagered on sports bettingSports drive Polymarket as traders look beyond elections for 2025 betting opportunities.Happy Tuesday!In today's CryptoSlate newsletter, we delve into the latest developments reshaping the cryptocurrency landscape. Polymarket is making waves with over $1 billion wagered on sports betting for 2025, signaling a shift in focus from political predictions to athletic events. Meanwhile, Tether has ramped up its Bitcoin reserves, acquiring an additional 7,629 BTC valued at approximately $705 million, amidst rising regulatory scrutiny from the EU's MiCA regulations. In lending news, NYDIG is exploring float financing options to enhance liquidity for Bitcoin holders without sacrificing their asset exposure. Finally, Solana continues to shine, achieving record-breaking trading volumes in decentralized exchanges this December, solidifying its position as a leader in both spot and derivatives markets. Stay tuned for more insights on these pivotal stories! LATEST SLATECAST 🎙️ Swaroop Hegde discusses Powerloom’s mission to reshape data integrity in blockchain 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.31 trillion, with a 24-hour volume of $133.43 billion. The price of Bitcoin is $95,450.33, and BTC market dominance is 57.1%. The price of Ethereum is $3,410.97, and ETH market dominance is 12.4%. The best-performing sector is Deflationary, which gained 17%. The Crypto Fear & Greed Index is currently Greed (64). Polymarket’s 2025 prediction markets have over $1 billion wagered on sports bettingSports drive Polymarket as traders look beyond elections for 2025 betting opportunities. 📰 Top NewsTether boosts Bitcoin reserves amid EU MiCA’s regulatory tensionTether expands Bitcoin reserves while questioning the 30% traditional institution reserve mandate in the EU. NYDIG explores float financing for Bitcoin-backed lending marketThe move would allow Bitcoin holders to tap liquidity while maintaining exposure. Solana shines amid record-breaking DEX trading volumes in DecemberIn addition to keeping the lead on spot markets, Solana has been the second-largest blockchain for derivatives trading for the third consecutive month. Ad: Helm Capital Group unveils theater-backed token for Broadway productionNew tokenization model aims to democratize Broadway investment through blockchain-based funding mechanism, challenging traditional theatrical financing structures. 📈 Latest Insights
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Selasa, 31 Desember 2024
Polymarket’s 2025 prediction markets have over $1 billion wagered on sports betting
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