The post Prediction markets are transforming into aggressive derivatives platforms appeared on BitcoinEthereumNews.com.
World, a Chainlink-powered prediction market launched in the Phantom wallet on Solana on July 1, said recently that it is moving to Robinhood Chain. The move shifts the project from Solana’s crypto-focused users to Robinhood’s roughly 28 million customers, prompting some users to accuse it of using Solana to gain attention before leaving. After more than two years of teasers, the concept debuted in Phantom, a well-known Solana wallet. It allowed players to wager on the price of Bitcoin and the 2026 FIFA World Cup, with rewards issued in Phantom’s CASH stablecoin and results validated by Chainlink. The initiative closed after seven days, citing “careful deliberation in the last 24 hours.” The announcement gave no reason for the shutdown, mentioned no technical issues, and did not explain what would happen to open bets. The move was unexpected, as World had recently sa
The post XRP Has ‘No Tangible Adoption,’ Chainlink Community Lead Says appeared on BitcoinEthereumNews.com.
The SWIFT integration rumor No adoption? There is a rather perennial debate regarding the real-world utility of the Ripple-linked XRP token, and it has just been reignited by a prominent community of a rival altcoin. Zach Rynes, who is known as the Chainlink community lead, publicly declared that there is “no tangible adoption or meaningful role for XRP in the financial system”. Rynes’ comments followed a high-profile intervention by a former executive, which dismantled a viral narrative within the retail trading community about SWIFT adopting XRP. XRP Has ‘No Tangible Adoption,’ Chainlink Community Lead Says ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors The SWIFT integration rumor As reported by U.Today, former SWIFT Chief Innovation Officer Tom Zschach shot down persistent social media speculation that the global financial messaging network is plannin
The post 5 Altcoins Stand to Gain From Tokenized Stocks, Grayscale Says appeared on BitcoinEthereumNews.com.
Grayscale has named five blockchains best positioned to gain as tokenized stocks push deeper into traditional finance. The asset manager pointed to Ethereum (ETH), Solana (SOL), Avalanche (AVAX), BNB Chain, and Canton Network. A new research note frames tokenized equities as one of the clearest signs of blockchain entering mainstream markets. Grayscale sees three models driving that shift, and each rewards a different set of networks. Three Models Moving Tokenized Stocks Onchain Grayscale head of research Zach Pandl laid out the three phases in the note. The first is the wrapper model, where a token represents shares held inside a special purpose vehicle. That structure holds more than 70% of tokenized stock value today. These wrapped tokens give holders price exposure rather than direct ownership. They appeal to retail traders because they fit decentralized finance and trade ar
The post Polymarket Applies for US License to Offer Margin Trading appeared on BitcoinEthereumNews.com.
The filing would let Polymarket users open positions without posting full collateral, following Kalshi’s FCM-backed perpetuals launch. Polymarket has applied for a US futures commission merchant license to offer margin trading on its prediction markets, Bloomberg reported Thursday. The move would let traders open positions without posting full collateral upfront. The application, filed July 3 with the National Futures Association through Polymarket affiliate Coming Home GBA LLC, seeks FCM registration, according to documents cited by Bloomberg. Polymarket must also win approval from the Commodity Futures Trading Commission to amend its rulebook to permit non-fully collateralized trades, the filing shows. A Polymarket representative confirmed to Bloomberg that the application had been submitted, with the goal of attracting more institutional investors to the platform. Under the propos
Robinhood Chain's rapid growth highlights the increasing integration of traditional finance with blockchain, potentially reshaping investment landscapes.
The post Total asset market cap on Robinhood Chain surpasses $420M within days of launch appeared first on Crypto Briefing.
The post Solana Could Surge to $127 If It Clears This Critical Resistance: Analysis appeared on BitcoinEthereumNews.com.
Solana buy signal appears above $78 as analysts watch $100 to $127 resistance for the next SOL breakout. Solana has returned to focus after a new buy signal appeared on its chart. The signal followed SOL’s move above $78 on June 30. The SuperTrend indicator turned bullish after that move, placing short-term trend watchers back on alert. Analysts now say one resistance zone may decide whether the recovery continues. The main area to watch sits between $100 and $127. A clean break above that range would strengthen the current bullish setup. At the same time, on-chain activity has improved, adding support to the price discussion. However, SOL still needs confirmation above resistance before larger targets gain attention. SuperTrend Signal Turns Buyers’ Focus Back to SOL The SuperTrend indicator flipped bullish after Solana broke above $78. Traders often use this signal
