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Polymarket has begun building an internal market-making unit to provide liquidity as it relaunches in the U.S., echoing Kalshi’s model, whose house desk has already faced criticism and a proposed class action alleging conflicts with customers’ bets.
The post Polymarket to Launch In-House Trading Desk That Bets Against Users: Report appeared first on Cryptonews.

SpaceX Bitcoin transfers reignited market fears after more than $200M in BTC moved on-chain, sparking claims of an incoming sell-off. Data shows the company still holds over 5,000 BTC, with no confirmed exchange deposits, raising the question of whether this scare is real or just another wave of crypto FUD.
The post Is Elon Musk’s SpaceX Really Selling Its Bitcoin, Or It’s Just FUD? appeared first on BeInCrypto.

Crypto analyst Miles Deutscher has issued one of the most forceful bottom calls of this cycle, assigning a 91.5% probability that Bitcoin’s low is already in. In a X thread on December 4, he wrote: “F*ck it. I’m putting my neck on the line here. I’m 91.5% certain that the BTC bottom is in. And if it is, A LOT of people are about to be caught offside.” Is The Bitcoin Bottom In? Deutscher bases his conviction on four “pillars”: market reaction to news, the historical behaviour of FUD events, a shift in flows, and an improving global liquidity backdrop. Each pillar is scored in an internal model that culminates in a 91.5/100 bullish reading. He starts with price behaviour versus headlines. Over recent days, he notes, the market has digested an “influx of bad news” – inc...

Bitcoin’s chance of hitting $100,000 before New Year’s Eve depends on investors’ reaction to the Fed policy pivot, and the market’s response to soaring BigTech and AI company debt.

James Butterfill counters claims about Tether’s solvency, pointing to a multibillion-dollar surplus despite new criticism from Arthur Hayes and S&P Global.