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Ethereum co-founder Vitalik Buterin warns prediction markets are drifting toward short-term speculation and betting.
The post Vitalik Buterin Warns Prediction Markets Are Becoming Overly Speculative appeared first on Cryptonews.

X Head of Product Nikita Bier has clarified that the platform will not act as a direct cryptocurrency brokerage, but it is launching "Smart Cashtags" to allow users to execute trades via third-party partners.

The rumors of discussions on Russia’s return to the dollar system sparked speculation about the strength of the financial alternatives deployed to bypass sanctions. While the central bank denies being involved in such talks, the Kremlin clarified that Russia never left the dollar: it was excluded. Russia Denies Taking Part in Discussions About Using the […]

The ECB updates the Eurosystem repo facility for central banks (EUREP) to provide standing access against euro collateral, extending reach and flexibility. This lets foreign central banks more easily obtain euro funding during stress, part of Europe’s push to boost the euro’s global role and counter U.S. and Chinese influence. The Governing Council of the […]

Solana (SOL) has been significantly affected by the bear market, reporting a price loss of 37.38% in the last 30 days alone. Despite the late price relief seen last week, the altcoin remains about 70% off its all-time high, reflecting the dominant selling activity of recent months. Notably, funding rates data suggest traders are yet to see an imminent end to this turmoil, as open interest positioning reflects strong conviction toward further downside. Related Reading: Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets Solana Bearish Funding Stretch Sets New Low In 2.5 Years Funding rates are periodic payments exchanged between traders in perpetual futures markets to keep the futures price aligned with the spot price of an asset. Funding rates s...

SBI Holdings CEO Yoshitaka Kitao has clarified that the Japanese financial giant’s multi-billion dollar bet on Ripple is centered on a massive 9% equity stake in Ripple Labs.

Pseudonymous market analyst CoinNiel has shared potential insights on Bitcoin’s future using inferences from a combination of market cycle signals. The premier cryptocurrency presently trades around $69,000 after successfully retesting the $70,000 resistance for the third time in February. Bitcoin appears to be undergoing consolidation following the aggressive sell-off seen in late January/early February, where prices dipped as low as $60,000. Related Reading: Bitcoin On-Chain Data Indicates High Volatility Ahead Following Post-CPI Reaction Bitcoin Signals Moving, But What Do They Mean?  In a QuickTake post on February 14, CoinNiel draws similarities between the present market cycle and the third halving cycle by analyzing metrics such as distribution, capitulation, ...