Polymarket’s 2025 prediction markets have over $1 billion wagered on sports betting

As New Year’s Eve is upon us, so too are Polymarket prediction markets for 2025, which are open for traders to bet on events for the next 12 months. Following the excitement of the 2024 Elections, Sports betting has taken over as the top category for 2025 predictions. In the 2025 section of the site, The post Polymarket’s 2025 prediction markets have over $1 billion wagered on sports betting appeared first on CryptoSlate.

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MicroStrategy’s $42 billion Bitcoin plan includes increasing shares from 330 million to 10 billion

In yesterday’s preliminary proxy statement with the SEC, MicroStrategy introduced a plan to increase authorized shares from 330 million to 10.33 billion as part of its $42 billion 21/21 Plan. It outlines proposals for a 2025 Special Meeting of Stockholders, including efforts to raise $21 billion in equity and $21 billion through fixed-income instruments, potentially advancing The post MicroStrategy’s $42 billion Bitcoin plan includes increasing shares from 330 million to 10 billion appeared first on CryptoSlate.

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SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg

The Securities and Exchange Commission has charged a subsidiary of Jump Crypto, Tai Mo Shan Limited, with misleading investors about Terra USD (UST) after the stablecoin lost its $1 peg. The regulator alleges that Tai Mo Shan participated in trading designed to create the false impression UST’s advertised algorithm solely sustained its price. When UST The post SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg appeared first on CryptoSlate.

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Bitcoin to hit $1 million within 2 years based on new Satoshi Action Fund model

A new supply-and-demand equilibrium model suggests Bitcoin may surpass $1 million by January 2027, following current trends in adoption, liquidity, and Bitcoin reserves. A recent paper by Dr. Murray A. Rudd and Dennis Porter of Satoshi Action Education integrates Bitcoin’s fixed, inelastic supply schedule and dynamic demand factors, including institutional adoption and long-term holding behavior, The post Bitcoin to hit $1 million within 2 years based on new Satoshi Action Fund model appeared first on CryptoSlate.

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Tether invests in European stablecoin issuer as USDT remains non-compliant with MiCA

Tether invests in European stablecoin issuer StablR as Europe’s MiCA rules approach implementation later this month. The move indicates an effort to navigate regulatory conditions that require fully compliant stablecoin issuance within European markets. StablR, now backed by Tether, holds an Electronic Money Institution license from the Malta Financial Services Authority, allowing it to position The post Tether invests in European stablecoin issuer as USDT remains non-compliant with MiCA appeared first on CryptoSlate.

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