Singapore Cracks Down: Polymarket Blocked Amidst Global Scrutiny of Unlicensed Gambling Platforms

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Singapore’s gambling regulator blocked access to Polymarket, a predictions market, considering it online gambling under their law. Offenders Face Stiff Fines or Jail Time Singapore’s Gambling Regulatory Authority (GRA) has reportedly blocked access to Polymarket, a predictions market, as part of a broader crackdown on unlicensed gambling service providers. Under Singaporean law, predictions markets like […]

Circle Reports $18 Trillion in Lifetime USDC Transactions

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The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment […]

Rate Cuts Delayed, Crypto Cautious, QCP Capital Insights Highlight Key Risks

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QCP Capital has observed a notable recalibration in global market expectations regarding Federal Reserve policy, marked by the 10-year Treasury yield ascending to 4.8%—its highest level since late 2023. QCP Advises Caution While ‘Shrimp’ Investors Quietly Amass 17,600 Btc Monthly, Defying Market Turbulence In an adjustment that reflects shifting sentiment, markets now foresee no rate […]

Report: Trump’s First-Day Executive Orders to Target Biden’s Crypto Policies

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The incoming Trump administration appears poised to orchestrate a significant shift in U.S. cryptocurrency policy, signaling plans to dismantle key Biden-era regulations, according to The Washington Post (WaPo). Trump’s Alleged Crypto Plans Revealed by Insiders in WaPo Report Insiders privy to the administration’s deliberations revealed to WaPo that overturning the Securities and Exchange Commission’s (SEC) […]

Blackrock: Bitcoin Adoption Surpasses Internet and Mobile Phones

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The adoption of crypto assets has grown quickly, drawing interest from both institutional and retail investors. Internet and Mobile Phone Adoption Outpaced by Bitcoin A recent market insights publication by Blackrock revealed that the adoption of crypto assets, especially bitcoin has outpaced the growth of the internet and mobile phones. The adoption of crypto assets […]