Polymarket User Wallets Are in Profits Only For 12.7% In a revealing analysis, Polymarket, a prominent decentralized prediction market platform, has shown that only 12.7% of user wallets are currently in profits. This statistic, reported by Cointelegraph, underscores the challenging landscape of prediction markets and offers insights into user behavior and platform dynamics. According to
Bitcoin World
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Source: Bitcoin World
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FTX bankruptcy plan approval
FTX bankruptcy plan approval In a significant development for the cryptocurrency industry, a bankruptcy court in Delaware, U.S., has approved FTX’s bankruptcy plan during a confirmation hearing held earlier today. This decision marks a crucial step in the ongoing efforts to resolve the collapse of the once-prominent crypto exchange, FTX. The approval was confirmed by Bitcoin World
Chainalysis: Stablecoins account for 70% of Brazil’s exchange outflows
Stablecoin transaction value on Brazil’s local exchanges has surged well beyond Bitcoin, reflecting a sharp rise in their use for B2B cross-border payments. Brazil‘s stablecoin market is thriving, as Latin America becomes the second-fastest-growing region with a year-over-year growth rate… Bitcoin World