Tag: betting

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CME Bitcoin futures show investors betting on $40K BTC price

CME Bitcoin futures show investors betting on $40K BTC price

The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Bi [...]
Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

24 hours ago, prediction markets were almost certain that Altman wouldn't be back as OpenAI's CEO. Now the market's answer to that question has change [...]
Sports betting, online casino fuel revenue growth

Sports betting, online casino fuel revenue growth

DraftKings, a fantasy sports websiteGetty ImagesThe growth of online sports betting and casino gaming across the U.S. has led to soaring revenue for s [...]
Rollbit Recorded $38M in September Betting Revenues, RLB Token Climbs

Rollbit Recorded $38M in September Betting Revenues, RLB Token Climbs

Over 1.2% of the token’s supply was destroyed in line with plans, a co-founder said. www.coindesk.com [...]
Sixth Street — which manages more than $70 billion — is betting big on sports teams and live events

Sixth Street — which manages more than $70 billion — is betting big on sports teams and live events

(Click here to subscribe to the Delivering Alpha newsletter.)"It's very difficult to buy a sports team and lose money," Carlyle Co-Founder David Ruben [...]
C.F.T.C. Weighs Proposal to Allow U.S. Betting on Control of Congress

C.F.T.C. Weighs Proposal to Allow U.S. Betting on Control of Congress

Handicapping control of Congress is always a risky proposition, with multiple forces at work and much at stake in terms of policy and power. Now tens [...]
EUR/USD Gains; On-Target US CPI Has Markets Betting Rates Will Stay Put

EUR/USD Gains; On-Target US CPI Has Markets Betting Rates Will Stay Put

EUR/USD Price, Chart, and AnalysisEUR/USD topped 1.10 After Jul’s US Inflation DataCore CPI’s Deceleration Trend Remains In Place even as headline inf [...]
ESPN betting sportsbook launches via Penn Entertainment partnership

ESPN betting sportsbook launches via Penn Entertainment partnership

SportsCenter at ESPN Headquarters.The Washington Post | The Washington Post | Getty ImagesDisney's ESPN is launching a betting sportsbook, putting the [...]
Forget SHIB and PEPE, HAMS Token Holders Are Betting on Hamster Races in the Latest Crypto Meta

Forget SHIB and PEPE, HAMS Token Holders Are Betting on Hamster Races in the Latest Crypto Meta

Star hamster racers like “Rocky” and “Buster” are already drawing bets of up to $500 per race. Others like “CK” aren’t so lucky – losing 326 races; wi [...]
CFTC Kicks Off Review of Prediction Market Kalshi’s Congressional Control Betting Contracts

CFTC Kicks Off Review of Prediction Market Kalshi’s Congressional Control Betting Contracts

"The Commission should treat Kalshi’s certification in the same manner it treats all DCM certifications of new products, and then do what Congress pro [...]
Why Short Sellers May Have a Hard Time Betting Against Tether (USDT)

Why Short Sellers May Have a Hard Time Betting Against Tether (USDT)

“The easiest way to short tether is to do it on-chain – borrow tether, then sell it,” says Austin Campbell, a stablecoin veteran and founder of Zero K [...]
Millionaires hoarding cash, betting on higher rates, CNBC survey says

Millionaires hoarding cash, betting on higher rates, CNBC survey says

Millionaire investors are adding to their mountains of cash, betting on higher interest rates and weak stock markets in 2023, according to the CNBC Mi [...]
NFL Raiders’ Sandra Douglass Morgan on U.S. sports betting

NFL Raiders’ Sandra Douglass Morgan on U.S. sports betting

Sandra Douglass Morgan has seen a lot of changes in the five years since she was named to the Nevada Gaming Commission.The same year she became a gami [...]
Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision

Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision

After 15 months and an approximate 30% loss, an exchange-traded fund (ETF) opposing Meta’s perspective on the metaverse is shutting down.Subversive Ca [...]
First Came the Sports Betting Boom. Now Comes the Backlash.

First Came the Sports Betting Boom. Now Comes the Backlash.

WASHINGTON — Legislators and regulators who began the headlong expansion of legalized gambling in the United States are now moving in spots nationwide [...]
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