Is Bitcoin Still a Store of Value?
It depends on what you’re trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe.
Analysis
Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say
Also: the Democrat gains on Trump but hasn’t closed the gap, unlike in polls; Polymarket punters trade on Olympic women’s boxing controversy; Fed will cut rates fast and hard in September, say bettors.
Coinbase Earnings Hurt by Low Volume But Trump Could be Wild Card, Analysts Say
Analysts expect Coinbase’s earnings to take a hit in the second-quarter as trading volume slowed down from the prior months. (PiggyBank/Unsplash)
Trump’s Talk of Bitcoin Reserve for the U.S. Leaves Industry Waiting for More Details
Former President Donald Trump, a sitting U.S. senator and some of the biggest names in bitcoin {{BTC}} investing all seem to agree that the U.S. should begin building a reserve of the most prominent crypto token. But concrete details are few, and it’s not an idea that’s likely to be executed anytime soon.
Analyst sets Meta stock price roadmap to $800
Meta Platforms (NASDAQ: META), with a market cap exceeding $1 trillion, is primed for significant growth, buoyed by robust artificial … Continue reading
The post Analyst sets Meta stock price roadmap to $800 appeared first on Finbold.
Staking in Ethereum ETFs Might Be a Question of When, Not If
The eight spot ether exchange-traded funds had a successful launch on Tuesday, despite the missing staking feature that many investors had hoped to profit from.
Germany Dumping $2.8B Bitcoin Is ‘Market Intervention,’ Despite Murky Legal Justifications
One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”
U.S. Secret Service Chief Probably Won’t Be Fired, Polymarket Bets Signal
Plus: Another all-time high for Trump’s odds of victory; bettors think bitcoin will continue its green streak until the end of week.
It’s Not Germany Selling Bitcoin. It’s One of Its States and It Has No Choice.
Since confiscating nearly 50,000 bitcoin in January, Germany’s state of Saxony has sold over half of its initial holdings, causing distress in the crypto market.
Prediction Markets and Polls Both Got the French Election Wrong
Plus: Polymarket traders remain skeptical about Biden’s insistence he’s staying in the U.S. presidential race; will ETH fall to $2,630?