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Zuby - PK

Crypto Curious Learner, Crypto Trader and Analyst. I don't Think That I am an Expert But I am Trying to Learn.
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Western Union Seeks Stablecoin Rollout to Sidestep SWIFT The Western Union Company will roll out its USD stablecoin USDPT within the next month to process transactions internationally without using SWIFT and provide crypto cash-out and stablecoin cards. Details of USDPT Rollout * Timeframe: USDPT almost ready, set to be rolled out next month * Network: It will operate on Solana (SOL) * Issuer Partner: USDPT will be issued by a federally chartered crypto bank, Anchorage Digital * Use Case: Initially not intended for consumers. Replacing SWIFT interbank network for processing payments with agents Why Leave SWIFT? * Problem: Traditional systems only process on weekdays, taking 2-3 days in some countries * Solution: Stablecoins will allow instant settlement seven days a week * Efficiency: It will minimize capital locked up in the system New Products: DAN + Stable Card * Digital Asset Network (DAN): Allows crypto wallets to use Western Union as a cash-out service. Converts digital assets into local currencies through WU’s extensive retail network. Pipeline: tens of millions of wallets worldwide * Stable Card: To be released sometime during the latter half of 2026. Stores stablecoins and spends using payment rails. Inflationary environments need US dollar stable coins with everyday usage * Launch: First phase deployment in several dozen markets planned for latter 2026 Pressure from Competition The move comes amid intense competition for its core money transfer services from fintech companies and cryptocurrencies. MoneyGram relies on Circle’s USDC. Stripe unveiled stablecoin infrastructure built on Tempo blockchain technology. #WesternUnion #Stablecoins #USDPT #Solana #Remittance $SOL {spot}(SOLUSDT)
Western Union Seeks Stablecoin Rollout to Sidestep SWIFT

The Western Union Company will roll out its USD stablecoin
USDPT within the next month to process transactions internationally without using SWIFT and provide crypto cash-out and stablecoin cards.

Details of USDPT Rollout
* Timeframe: USDPT almost ready, set to be rolled out next month
* Network: It will operate on Solana (SOL)
* Issuer Partner: USDPT will be issued by a federally chartered crypto bank, Anchorage Digital
* Use Case: Initially not intended for consumers. Replacing SWIFT interbank network for processing payments with agents

Why Leave SWIFT?
* Problem: Traditional systems only process on weekdays, taking 2-3 days in some countries
* Solution: Stablecoins will allow instant settlement seven days a week
* Efficiency: It will minimize capital locked up in the system

New Products: DAN + Stable Card
* Digital Asset Network (DAN): Allows crypto wallets to use Western Union as a cash-out service. Converts digital assets into local currencies through WU’s extensive retail network. Pipeline: tens of millions of wallets worldwide
* Stable Card: To be released sometime during the latter half of 2026. Stores stablecoins and spends using payment rails. Inflationary environments need US dollar stable coins with everyday usage
* Launch: First phase deployment in several dozen markets planned for latter 2026

Pressure from Competition
The move comes amid intense competition for its core money transfer services from fintech companies and cryptocurrencies. MoneyGram relies on Circle’s USDC. Stripe unveiled stablecoin infrastructure built on Tempo blockchain technology.

#WesternUnion #Stablecoins #USDPT #Solana #Remittance

$SOL
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Falcon Captain
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𝙋𝙇𝘼𝙉 𝙁𝙊𝙍 #𝙊𝙍𝘾𝘼𝙐𝙎𝘿𝙏

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Iran Ready to Make Peace Proposal: Cryptocurrency Repercussions A new peace proposal by Iran may be tabled soon, reducing risks to oil from war premium fears and sending BTC/ETH higher. Yet, cryptocurrency trading stays headlines-dependent until the real deal emerges. Negotiations Reach Crucial Stage ^ Source: According to CNN, Iran will offer its revised peace proposal following multiple frameworks presented to US and regional mediators. ^ Key Points: Sanctions lifting, security assurances, shipping guidelines for Strait of Hormuz ^ Situation: Iran wanted full lifting of sanctions + security obligations in the Gulf. The US wants clear restrictions on its nuclear program, navigational freedom, and sanctions phased according to compliance ^ Outcome: Iran's revised proposal leaves room for negotiations but still doesn't solve existing differences. Unfavorable leaks can shift sentiment to caution Impact on Bitcoin & Ethereum * Short Term: "War premium" in oil and volatility markets deflates via expectation compression. Marginally positive for risk assets; BTC -1.28%, ETH -0.62% * If Success: True ceasefire and decreased disruption risk for Strait of Hormuz leads to weaker dollar, narrower credit spreads, favorable environment for beta assets * Asset Reaction: BTC receives boost as a macro-sensitive asset. ETH may outperform in terms of percentage owing to higher sensitivity to liquidity/technological factors Traders' Binary Choice ^ Risk On: Solid basis to squeeze long in BTC/ETH as tail risk hedge demand subsides ^ Risk Off: Squeeze failure rekindles "flight to quality" trade, energy shock fears return. ETH will underperform BTC during risk-off scenario ^ In Summary: Consider volatility driver rather than established storyline. As long as no deal is reached, cryptocurrencies will be priced based on Tehran/Washington rhetoric #BitcoinMacro #Ethereum #WarPremium #MacroCrypto #SanctionsRelief $BTC $ETH {spot}(ETHUSDT) {spot}(BTCUSDT)
Iran Ready to Make Peace Proposal: Cryptocurrency Repercussions

A new peace proposal by Iran may be tabled soon, reducing risks to oil from war premium fears and sending BTC/ETH higher. Yet, cryptocurrency trading stays headlines-dependent until the real deal emerges.

Negotiations Reach Crucial Stage
^ Source: According to CNN, Iran will offer its revised peace proposal following multiple frameworks presented to US and regional mediators.
^ Key Points: Sanctions lifting, security assurances, shipping guidelines for Strait of Hormuz
^ Situation: Iran wanted full lifting of sanctions + security obligations in the Gulf. The US wants clear restrictions on its nuclear program, navigational freedom, and sanctions phased according to compliance
^ Outcome: Iran's revised proposal leaves room for negotiations but still doesn't solve existing differences. Unfavorable leaks can shift sentiment to caution

Impact on Bitcoin & Ethereum
* Short Term: "War premium" in oil and volatility markets deflates via expectation compression. Marginally positive for risk assets; BTC -1.28%, ETH -0.62%
* If Success: True ceasefire and decreased disruption risk for Strait of Hormuz leads to weaker dollar, narrower credit spreads, favorable environment for beta assets
* Asset Reaction: BTC receives boost as a macro-sensitive asset. ETH may outperform in terms of percentage owing to higher sensitivity to liquidity/technological factors

Traders' Binary Choice
^ Risk On: Solid basis to squeeze long in BTC/ETH as tail risk hedge demand subsides
^ Risk Off: Squeeze failure rekindles "flight to quality" trade, energy shock fears return. ETH will underperform BTC during risk-off scenario
^ In Summary: Consider volatility driver rather than established storyline. As long as no deal is reached, cryptocurrencies will be priced based on Tehran/Washington rhetoric

#BitcoinMacro #Ethereum #WarPremium #MacroCrypto #SanctionsRelief

$BTC $ETH
Chiliz Takes Omnichain Approach: Fan Tokens Migrate to Solana and Base Ahead of This Summer’s FIFA World Cup Blockchain sports platform Chiliz is expanding its 70+ fan tokens onto Solana and Base networks before this summer’s FIFA World Cup, migrating from single-chain to “omnichain distribution.” From Layer-1 to Omnichain * Background: Chiliz created its own layer-1 network in 2023 for fan token transactions * Strategy Change: Adopting omnichain approach via OFT (Omnichain Fungible Token) format * Advantage: Fan tokens will coexist across all chains with shared supply. No wrapped tokens or separate liquidity pools Why Solana & Base? * Objective: Increase trading volumes for fan tokens before FIFA World Cup * Blockchains: Expansion into Solana and Base – the Ethereum L2 blockchain created by Coinbase * Timeline: Expansion revealed Tuesday on X (formerly Twitter) Fan Token Explained * Explanation: Virtual tokens that signify membership in an organization, like a sports team’s fans * Instances: More than 70 tokens ranging from Paris Saint-Germain, Barcelona, Manchester City, Juventus * Usage: Provides token owners special privileges and voting power on matters such as warm-up kit color choices * World Cup: Chiliz has fan tokens for the teams of Argentina and Portugal. More anticipated in June #ChilizOmnichain #WorldCup2026 #Web3FanEngageme #BarcaToken #FanRewards $SOL $CHZ {spot}(CHZUSDT) {spot}(SOLUSDT)
Chiliz Takes Omnichain Approach: Fan Tokens Migrate to Solana and Base Ahead of This Summer’s FIFA World Cup

Blockchain sports platform Chiliz is expanding its 70+ fan tokens onto Solana and Base networks before this summer’s FIFA World Cup, migrating from single-chain to “omnichain distribution.”

From Layer-1 to Omnichain
* Background: Chiliz created its own layer-1 network in 2023 for fan token transactions
* Strategy Change: Adopting omnichain approach via OFT (Omnichain Fungible Token) format
* Advantage: Fan tokens will coexist across all chains with shared supply. No wrapped tokens or separate liquidity pools

Why Solana & Base?
* Objective: Increase trading volumes for fan tokens before FIFA World Cup
* Blockchains: Expansion into Solana and Base – the Ethereum L2 blockchain created by Coinbase
* Timeline: Expansion revealed Tuesday on X (formerly Twitter)

Fan Token Explained
* Explanation: Virtual tokens that signify membership in an organization, like a sports team’s fans
* Instances: More than 70 tokens ranging from Paris Saint-Germain, Barcelona, Manchester City, Juventus
* Usage: Provides token owners special privileges and voting power on matters such as warm-up kit color choices
* World Cup: Chiliz has fan tokens for the teams of Argentina and Portugal. More anticipated in June

#ChilizOmnichain #WorldCup2026 #Web3FanEngageme #BarcaToken #FanRewards

$SOL $CHZ
Terpin the ‘Crypto Godfather’ on BTC – Not Ready for Bottom and ATH in 2026 Michael Terpin, BTC investor, claims that BTC has not formed its bottom yet and will not make an ATH in 2026. A correction down to ∼$57,000 is anticipated by October. Bear Thesis of Terpin on BTC * Lack of BTC bottom: “No BTC bottom until price breaks through $100,000 and no such support anywhere near materializing” * Target price: BTC will reach bottom at $57,000 in October, like last year after BTC fell under $100K on October 10th * Fall trend: Even despite a rise by 10+% in April, “we are definitely still in the Bitcoin fall”. BTC declines at high levels before capitulation are usual * Rejection: BTC at $80,000 “strongly rejected yesterday in Asian session” due to high oil prices Analyst Views Diverge * Both see no bottom: Jason Fernandes of AdLunam believes BTC has not capitulated. “The formation of a durable bottom requires exhaustion of speculation leverage and macro uncertainty, neither of which are evident here yet.” * When?: For Fernandes, “It’s just not there yet for extreme pessimism to kick in… might require one more dip.” * Counterpoint: Mati Greenspan at Quantum Economics finds this view “overly bearish.” Points to institutional support: “There is still plenty of room for growth… new record highs are likely to occur soon enough.” * Most analysts agree: The low for February’s bear market is at the ∼$60,000 mark. Helped by ETF buying interest and BTC stability despite Iran/oil conflict risks. Macro ChallengesLiquidity: * “The liquidity situation is tight, and markets have adjusted themselves to a higher-for-longer rate scenario,” noted Fernandes. * Target of $100k mark: Symbolic rather than technical in nature. Bull run requires new highs along with money flows. But the $100K level can spur those developments. #MichaelTerpin #BitcoinBottom #BTCPricePrediction #BitcoinBearCase $BTC {spot}(BTCUSDT)
Terpin the ‘Crypto Godfather’ on BTC – Not Ready for Bottom and ATH in 2026

Michael Terpin, BTC investor, claims that BTC has not formed its bottom yet and will not make an ATH in 2026. A correction down to ∼$57,000 is anticipated by October.

Bear Thesis of Terpin on BTC
* Lack of BTC bottom: “No BTC bottom until price breaks through $100,000 and no such support anywhere near materializing”
* Target price: BTC will reach bottom at $57,000 in October, like last year after BTC fell under $100K on October 10th
* Fall trend: Even despite a rise by 10+% in April, “we are definitely still in the Bitcoin fall”. BTC declines at high levels before capitulation are usual
* Rejection: BTC at $80,000 “strongly rejected yesterday in Asian session” due to high oil prices

Analyst Views Diverge
* Both see no bottom: Jason Fernandes of AdLunam believes BTC has not capitulated. “The formation of a durable bottom requires exhaustion of speculation leverage and macro uncertainty, neither of which are evident here yet.”
* When?: For Fernandes, “It’s just not there yet for extreme pessimism to kick in… might require one more dip.”
* Counterpoint: Mati Greenspan at Quantum Economics finds this view “overly bearish.” Points to institutional support: “There is still plenty of room for growth… new record highs are likely to occur soon enough.”
* Most analysts agree: The low for February’s bear market is at the ∼$60,000 mark. Helped by ETF buying interest and BTC stability despite Iran/oil conflict risks.

Macro ChallengesLiquidity:
* “The liquidity situation is tight, and markets have adjusted themselves to a higher-for-longer rate scenario,” noted Fernandes.
* Target of $100k mark: Symbolic rather than technical in nature. Bull run requires new highs along with money flows. But the $100K level can spur those developments.

#MichaelTerpin #BitcoinBottom #BTCPricePrediction #BitcoinBearCase

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[Replay] 🎙️ Bitcoin's Steady Climb: Best Month in a Year
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$5 Trillion Cross-Border B2B Stablecoin Payments by 2035 According to Juniper Research, cross-border B2B stablecoin transactions will be worth $5 trillion by 2035, a jump of 37,000 percent from $13.4 billion currently. Projections * 2035 Transactions Value: $5T in cross-border B2B stablecoin payments, an increase of 373 times from 2026 * Cross-Border B2B Domination: 85 percent of stablecoin transactions' value in 2035 will be due to cross-border B2B transactions * Chainalysis Perspective: Adjusted Why B2B Takes the Lead ^ Efficiency: Stablecoins resolve inefficiencies within tradfi cross-border payments ^ Benefits: Programmatic solutions and 24/7 finality compared to correspondent banks' payment channels ^ Applications: Treasuries, settlement in supply chains, B2B payments ^ Transition: Transitioning from speculation to a core institutional payments infrastructure Impact on Banking ^ Disruption: Stablecoins disrupt correspondent bank payment channels ^ Not a Substitute: "Stablecoins aren’t replacing payments infrastructure. They’re just being adopted in places where they bring the biggest benefits," notes analyst Jawad Jahan ^ Recommendation: Issuers are advised to focus on enterprise integrations and treasuries Bottom Line Cross-border B2B is where stablecoins have maximum benefits. Growth in this area will sustain volumes. The real question is how soon they will displace traditional rails. #B2B #CrossBorderPayments #JuniperResearch #CryptoPayments #GlobalFinance
$5 Trillion Cross-Border B2B Stablecoin Payments by 2035

According to Juniper Research, cross-border B2B stablecoin transactions will be worth $5 trillion by 2035, a jump of 37,000 percent from $13.4 billion currently.

Projections
* 2035 Transactions Value: $5T in cross-border B2B stablecoin payments, an increase of 373 times from 2026
* Cross-Border B2B Domination: 85 percent of stablecoin transactions' value in 2035 will be due to cross-border B2B transactions
* Chainalysis Perspective: Adjusted

Why B2B Takes the Lead
^ Efficiency: Stablecoins resolve inefficiencies within tradfi cross-border payments
^ Benefits: Programmatic solutions and 24/7 finality compared to correspondent banks' payment channels
^ Applications: Treasuries, settlement in supply chains, B2B payments
^ Transition: Transitioning from speculation to a core institutional payments infrastructure

Impact on Banking
^ Disruption: Stablecoins disrupt correspondent bank payment channels
^ Not a Substitute: "Stablecoins aren’t replacing payments infrastructure. They’re just being adopted in places where they bring the biggest benefits," notes analyst Jawad Jahan
^ Recommendation: Issuers are advised to focus on enterprise integrations and treasuries

Bottom Line
Cross-border B2B is where stablecoins have maximum benefits. Growth in this area will sustain volumes. The real question is how soon they will displace traditional rails.

#B2B #CrossBorderPayments #JuniperResearch #CryptoPayments #GlobalFinance
Stablecoins: Core Financial Plumbing of Global Finance? According to a16z crypto, stablecoins have become “core financial plumbing that quietly passed a point of no return” with programmable dollars becoming the “base layer for a multi-chain, banking-as-a-service stack.” From Trading to Settlement * Transition: Stablecoins evolved from being just another tool for traders to becoming a settlement layer for the global economy * New Era: Stablecoin issuers and infrastructure providers work on offering balance sheet services on demand in an instantaneous and API-native way * Embedding: Programmable dollars exist natively within consumer apps, fintech and institutional software solutions. Multi-Chain Banking Stack Based on its categorization, 16z classifies current blockchain networks into 3 types based on the fact that stablecoins serve as their common settlement layer: * Purposeful: Ethereum, Solana, L2s * Payment Networks: Stripe’s Tempo * Permissioned: Canton * Target Market: From retail gamers to global banks Banking Bottlenecks Ease Up * Integration: Friendly crypto banks integrating on-chain infrastructure into fiat payments networks * Regulatory Tug-of-War: Leading providers vie for OCC’s nationwide trust charters and licenses in order to establish themselves within U.S. banking ecosystem The Second Act is Credit Act Two: Mass issuance of stablecoins will allow a novel on-chain credit market * Method: On-chain collateral, reputational scores and programmable covenants create alternate credit stack based on stablecoin rail network * Consequences: Funding creation independent of banking system From Geopolitical Perspective Stablecoins expand dollar hegemony through delivery of dollar-denominated payments to anyone with an online wallet. Enables emerging markets residents to transact with USD outside of their banking systems. #Stablecoins #a16z #OnChainFinance #CreditMarkets $ETH $SOL {spot}(SOLUSDT) {spot}(ETHUSDT)
Stablecoins: Core Financial Plumbing of Global Finance?

According to a16z crypto, stablecoins have become “core financial plumbing that quietly passed a point of no return” with programmable dollars becoming the “base layer for a multi-chain, banking-as-a-service stack.”

From Trading to Settlement
* Transition: Stablecoins evolved from being just another tool for traders to becoming a settlement layer for the global economy
* New Era: Stablecoin issuers and infrastructure providers work on offering balance sheet services on demand in an instantaneous and API-native way
* Embedding: Programmable dollars exist natively within consumer apps, fintech and institutional software solutions.

Multi-Chain Banking Stack
Based on its categorization, 16z classifies current blockchain networks into 3 types based on the fact that stablecoins serve as their common settlement layer:
* Purposeful: Ethereum, Solana, L2s
* Payment Networks: Stripe’s Tempo
* Permissioned: Canton
* Target Market: From retail gamers to global banks

Banking Bottlenecks Ease Up
* Integration: Friendly crypto banks integrating on-chain infrastructure into fiat payments networks
* Regulatory Tug-of-War: Leading providers vie for OCC’s nationwide trust charters and licenses in order to establish themselves within U.S. banking ecosystem

The Second Act is Credit
Act Two: Mass issuance of stablecoins will allow a novel on-chain credit market
* Method: On-chain collateral, reputational scores and programmable covenants create alternate credit stack based on stablecoin rail network
* Consequences: Funding creation independent of banking system

From Geopolitical Perspective
Stablecoins expand dollar hegemony through delivery of dollar-denominated payments to anyone with an online wallet. Enables emerging markets residents to transact with USD outside of their banking systems.

#Stablecoins #a16z #OnChainFinance #CreditMarkets

$ETH $SOL
Positive Institutional Demand Underpins BTC/ETH Outlook: Bitget Research Chief Analyst Ryan Lee notes that Bitcoin and Ethereum possess a positive outlook in the near term, underpinned by steady institutional allocations, ETF inflows, and reduced leverage. Present Rally Built on Stronger Foundations * Catalyst: Rally driven by institutional allocations, not speculative retail positions * ETF Inflows: US spot BTC ETFs have recorded consecutive inflows over 8 days to $2.1B up until April 23. BlackRock’s IBIT accounts for roughly 75% of the inflows * Onboarding Supply: Inflows have absorbed ~19,000 BTC against ~2,100 BTC minted, with institutional demand absorbing 9x more supply. Near-Term Price Targets * Bitcoin: Projected to breach $80K-$85K levels with continued inflows * Ethereum: Targeting price levels of $2,800-$3,000 on account of ecosystem upgrades and widespread adoption. Macro Context: Gold and Oil - Gold: At/near all-time high levels, reflecting increased geopolitical risk, stubborn inflation, less accommodative policy. Illustrates flows of capital into various assets - Oil: High oil prices create further macro headwinds. Higher energy prices might slow down interest rate reductions and restrict liquidity. - ETF Impact: Oil at/near $100/barrel during early 2026 induced risk-off sentiment, resulting in $296 million pulled out of BTC ETF funds in just one week. Portfolio Implications As Lee explains, crypto gains rely on the continued inflow of institutions to withstand macroeconomic volatility. In other words, if it continues, cryptocurrencies remain part of an asset allocation strategy. A current 9x ratio of supply absorption indicates a sustainable and structural demand trend compared to previous cycles driven by retail buyers. #Bitcoin #Ethereum #InstitutionalCrypto #CryptoNews #DigitalAssets $BTC $ETH {spot}(ETHUSDT) {spot}(BTCUSDT)
Positive Institutional Demand Underpins BTC/ETH Outlook:

Bitget Research
Chief Analyst Ryan Lee notes that Bitcoin and Ethereum possess a positive outlook in the near term, underpinned by steady institutional allocations, ETF inflows, and reduced leverage.

Present Rally Built on Stronger Foundations
* Catalyst: Rally driven by institutional allocations, not speculative retail positions
* ETF Inflows: US spot BTC ETFs have recorded consecutive inflows over 8 days to $2.1B up until April 23. BlackRock’s IBIT accounts for roughly 75% of the inflows
* Onboarding Supply: Inflows have absorbed ~19,000 BTC against ~2,100 BTC minted, with institutional demand absorbing 9x more supply.

Near-Term Price Targets
* Bitcoin: Projected to breach $80K-$85K levels with continued inflows
* Ethereum: Targeting price levels of $2,800-$3,000 on account of ecosystem upgrades and widespread adoption.

Macro Context: Gold and Oil
- Gold: At/near all-time high levels, reflecting increased geopolitical risk, stubborn inflation, less accommodative policy. Illustrates flows of capital into various assets
- Oil: High oil prices create further macro headwinds. Higher energy prices might slow down interest rate reductions and restrict liquidity.
- ETF Impact: Oil at/near $100/barrel during early 2026 induced risk-off sentiment, resulting in $296 million pulled out of BTC ETF funds in just one week.

Portfolio Implications
As Lee explains, crypto gains rely on the continued inflow of institutions to withstand macroeconomic volatility. In other words, if it continues, cryptocurrencies remain part of an asset allocation strategy. A current 9x ratio of supply absorption indicates a sustainable and structural demand trend compared to previous cycles driven by retail buyers.

#Bitcoin #Ethereum #InstitutionalCrypto #CryptoNews #DigitalAssets

$BTC $ETH
Only 3% of Traders Drive Prediction Market Accuracy Polymarket study shows prediction markets work because of a tiny group of informed traders, not crowd wisdom. The Green Beret insider case may be an extreme example. Study Findings ^ Scope: 1.72M accounts, $13.76B volume from 2023-2025Key ^ Result: 3% of traders drive price discovery and accuracy ^ Other 97%: Add liquidity but lose to the informed 3% Skill vs Luck Researchers ran 10K simulations per trader, flipping trade direction: * Skill Test: Consistently beating random outcomes = skill * Results: Only 12% of top profit makers passed * Mean Reversion: ∼60% of "lucky winners" lost in follow-up tests How Skilled Traders Move Markets ^ More skilled traders = higher accuracy, especially near resolution ^ React first to news like FOMC or earnings. Others don’t ^ Usually repeat players with consistent records Insider Risk Skill advantage raises issues when info isn’t public: * Case: US overthrow of Nicolás Maduro in Venezuela * Activity: 3 new Polymarket accounts bet big on "Maduro Overthrown" at 10% odds pre-operation * Outcome: Made $630K+. Accounts went dormant. No charges filed * Impact: Insider trades move markets 7-12x more per dollar than skilled trades, but are rare Polymarket and Kalshi ban inside trading. Researchers say markets work due to informed traders, not crowds. #PredictionMarkets #MarketEfficiency
Only 3% of Traders Drive Prediction Market Accuracy

Polymarket study shows prediction markets work because of a tiny group of informed traders, not crowd wisdom. The Green Beret insider case may be an extreme example.

Study Findings
^ Scope: 1.72M accounts, $13.76B volume from 2023-2025Key
^ Result: 3% of traders drive price discovery and accuracy
^ Other 97%: Add liquidity but lose to the informed 3%

Skill vs Luck
Researchers ran 10K simulations per trader, flipping trade direction:
* Skill Test: Consistently beating random outcomes = skill
* Results: Only 12% of top profit makers passed
* Mean Reversion: ∼60% of "lucky winners" lost in follow-up tests

How Skilled Traders Move Markets
^ More skilled traders = higher accuracy, especially near resolution
^ React first to news like FOMC or earnings. Others don’t
^ Usually repeat players with consistent records

Insider Risk
Skill advantage raises issues when info isn’t public:
* Case: US overthrow of Nicolás Maduro in Venezuela
* Activity: 3 new Polymarket accounts bet big on "Maduro Overthrown" at 10% odds pre-operation
* Outcome: Made $630K+. Accounts went dormant. No charges filed
* Impact: Insider trades move markets 7-12x more per dollar than skilled trades, but are rare

Polymarket and Kalshi ban inside trading. Researchers say markets work due to informed traders, not crowds.

#PredictionMarkets #MarketEfficiency
BTC Whales Going Aggressively Long on Negative Funding Rates Whale positions on Hyperliquid have been accumulating aggressive BTC long positions since late January. With BTC approaching $80,000 and this positioning setup, a short squeeze could be imminent. Whale Positioning Change * Timeline: Turned net long since early March. Continued going long through the rest of March, and into April * Position Size: Average position size over $10 million. Most aggressively long on record for the dataset * Context: Occurred amid BTC price action going from low-mid $60K to $80K in just a few weeks' time * Historical Edge: Historically, this group leads spot BTC price action by days/weeks BTC Perpetual Swap Funding Rate Short Squeeze Setup * Funding: BTC perps funding rate now sits at -0.13% (based on 7 day rate). Shorts paying longs * Time Frame: Been negative for 47 consecutive days, marking one of the longest bearish stretches recorded. Macro Context * Equities: S&P 500 hits record close Friday, marking the longest stretch of weekly gains since 2024 * Geopolitics: US-Iran negotiations in Islamabad postponed after Iranian foreign minister departed before arrival of US officials * Rates: Treasury rates decline amid closure of investigation by DOJ into Federal Reserve Chairman Jerome Powell, paving way for Kevin Warsh to assume leadership of the Fed, Next Steps Hyperliquid has emerged as the preferred trading platform for big perpetuals trades. Stocks near all-time highs and oil and interest rates declining mean that any macro event could create a squeeze, whether positive or negative, for these whale positions. $HYPER $BTC {future}(BTCUSDT) {spot}(HYPERUSDT)
BTC Whales Going Aggressively Long on Negative Funding Rates

Whale positions on Hyperliquid have been accumulating aggressive BTC long positions since late January. With BTC approaching $80,000 and this positioning setup, a short squeeze could be imminent.

Whale Positioning Change
* Timeline: Turned net long since early March. Continued going long through the rest of March, and into April
* Position Size: Average position size over $10 million. Most aggressively long on record for the dataset
* Context: Occurred amid BTC price action going from low-mid $60K to $80K in just a few weeks' time
* Historical Edge: Historically, this group leads spot BTC price action by days/weeks

BTC Perpetual Swap Funding Rate Short Squeeze Setup
* Funding: BTC perps funding rate now sits at -0.13% (based on 7 day rate). Shorts paying longs
* Time Frame: Been negative for 47 consecutive days, marking one of the longest bearish stretches recorded.

Macro Context
* Equities: S&P 500 hits record close Friday, marking the longest stretch of weekly gains since 2024
* Geopolitics: US-Iran negotiations in Islamabad postponed after Iranian foreign minister departed before arrival of US officials
* Rates: Treasury rates decline amid closure of investigation by DOJ into Federal Reserve Chairman Jerome Powell, paving way for Kevin Warsh to assume leadership of the Fed,

Next Steps
Hyperliquid has emerged as the preferred trading platform for big perpetuals trades. Stocks near all-time highs and oil and interest rates declining mean that any macro event could create a squeeze, whether positive or negative, for these whale positions.

$HYPER $BTC
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[Replay] 🎙️ Trump's Strong Stance on Crypto Legislation
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Welcome to all friends, plz share the live streaming , Thank you for your love and support, Thank you everyone.
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Alchemy CEO: Crypto Was Designed For AI Agents, Not People Nikil Viswanathan, CEO of Alchemy, claims that today’s financial system was designed for people, while the future economy will be operated by AI agents within the crypto environment. Why The Traditional Finance System Is Ineffective For AI Agents ^ Human factors: Bank transactions take place during bank working hours due to people sleeping, living in a certain country, and physically visiting the bank. ^ AI agents’ factors: AI agents do not sleep, do not have a physical location, and do not use any kind of cards. They are always on, everywhere, and always online. ^ Discrepancy: Transactions done in another country imply fees and extra steps, which AI agents cannot afford to pay and do. Crypto as an Infrastructure for Native Agents ^ Right fit: Crypto is boundless, uninterrupted, and entirely digital. According to Viswanathan, “crypto is the global infrastructure for money that agents need.” ^ Complexity inversion: Seed phrases, private keys, coding – obstacles for humans, strengths for machines. As Viswanathan put it, “agents read in zeros and ones. That is the language of the machine, and that is the language of crypto.” ^ Email metaphor: Similar to how email supersedes the postal service, crypto is meant for computer use. Finance Run by AI Agents ^ Mechanism explained: Agents work on top of the crypto rails, taking care of the wallet management and transaction execution to optimize the capital flow in real-time. Human users access via user interfaces. ^ Coding opportunity: “It is possible to code for crypto wallet. It is impossible to code for bank account in the similar way.” ^ Multilayer structure: The traditional finance system on top of which lies the crypto-based one along with the agent layer that works on both. “Agents will run finance; we will use finance.” #Aİ #AIAgents #Web3 #DigitalFinance #Automation
Alchemy CEO: Crypto Was Designed For AI Agents, Not People

Nikil Viswanathan, CEO of Alchemy, claims that today’s financial system was designed for people, while the future economy will be operated by AI agents within the crypto environment.

Why The Traditional Finance System Is Ineffective For AI Agents
^ Human factors: Bank transactions take place during bank working hours due to people sleeping, living in a certain country, and physically visiting the bank.
^ AI agents’ factors: AI agents do not sleep, do not have a physical location, and do not use any kind of cards. They are always on, everywhere, and always online.
^ Discrepancy: Transactions done in another country imply fees and extra steps, which AI agents cannot afford to pay and do.

Crypto as an Infrastructure for Native Agents
^ Right fit: Crypto is boundless, uninterrupted, and entirely digital. According to Viswanathan, “crypto is the global infrastructure for money that agents need.”
^ Complexity inversion: Seed phrases, private keys, coding – obstacles for humans, strengths for machines. As Viswanathan put it, “agents read in zeros and ones. That is the language of the machine, and that is the language of crypto.”
^ Email metaphor: Similar to how email supersedes the postal service, crypto is meant for computer use.

Finance Run by AI Agents
^ Mechanism explained: Agents work on top of the crypto rails, taking care of the wallet management and transaction execution to optimize the capital flow in real-time. Human users access via user interfaces.
^ Coding opportunity: “It is possible to code for crypto wallet. It is impossible to code for bank account in the similar way.”
^ Multilayer structure: The traditional finance system on top of which lies the crypto-based one along with the agent layer that works on both. “Agents will run finance; we will use finance.”

#Aİ #AIAgents #Web3 #DigitalFinance #Automation
Bitcoin Falls on Trump Pulling Out of Iran Talks Trip for Witkoff, Kushner Bitcoin fell by about $100 to $77,351 on Friday morning ET after Trump said he canceled a diplomatic trip regarding Iran talks. This move followed an initial increase in price. Trump Pulls the Plug on Envoy Trip * Cancelled trip: Envoys Steve Witkoff and Jared Kushner were due to travel to Pakistan for upcoming Iran talks. * Quote by Trump: “And I said ‘Nope, you’re not making an 18 hour flight to go there. We have all the cards. They can call us whenever they want, but you’re not going to make any more 18 hour flights just sitting there doing nothing,’” via Fox journalist posting on X. * Context: Comes shortly after Iran’s Foreign Minister Abbas Araghchi leaves Pakistan. Limited Market Reaction * BTC drop: Fell by roughly $100 to $77,351 close to noon ET. * Trading commentary: Minor fall shows markets viewing the move as only temporary risk, rather than as changing the long-term picture. * To keep watching: Subsequent statements from US government officials and Iran’s response, along with a speech from Trump to cryptocurrency investors in Palm Beach at noon ET. #MacroRisk #CryptoReaction #BTCPullback #RiskOff #DiplomaticTensions $BTC {spot}(BTCUSDT)
Bitcoin Falls on Trump Pulling Out of Iran Talks Trip for Witkoff, Kushner

Bitcoin fell by about $100 to $77,351 on Friday morning ET after Trump said he canceled a diplomatic trip regarding Iran talks. This move followed an initial increase in price.

Trump Pulls the Plug on Envoy Trip
* Cancelled trip: Envoys Steve Witkoff and Jared Kushner were due to travel to Pakistan for upcoming Iran talks.
* Quote by Trump: “And I said ‘Nope, you’re not making an 18 hour flight to go there. We have all the cards. They can call us whenever they want, but you’re not going to make any more 18 hour flights just sitting there doing nothing,’” via Fox journalist posting on X.
* Context: Comes shortly after Iran’s Foreign Minister Abbas Araghchi leaves Pakistan.

Limited Market Reaction
* BTC drop: Fell by roughly $100 to $77,351 close to noon ET.
* Trading commentary: Minor fall shows markets viewing the move as only temporary risk, rather than as changing the long-term picture.
* To keep watching: Subsequent statements from US government officials and Iran’s response, along with a speech from Trump to cryptocurrency investors in Palm Beach at noon ET.

#MacroRisk #CryptoReaction #BTCPullback #RiskOff #DiplomaticTensions

$BTC
BlackRock’s IBIT Options Surpass Deribit: Milestone for Institutional Crypto IBIT options open interest topped Deribit on Friday, hitting $27.61B vs $26.90B. In just 2 years, BlackRock’s Bitcoin ETF options have matched Deribit’s BTC options market that’s run since 2016. What This Milestone Means * Institutional shift: Signals rapid U.S. adoption of regulated crypto derivatives. U.S. infrastructure “no longer second fiddle” to offshore markets. * Broader impact: Booming regulated market could push more Wall Street firms into digital assets and mature price discovery. * Access: U.S. retail can’t use Deribit. IBIT options give them regulated leverage/options exposure through brokerages. IBIT vs Deribit: Similar Size, Different Target Audience * Scale: Equal ∼$27B OI, but target different customer bases – IBIT serves regulated onshore market participants, while Deribit is for international players. * Bullish view: IBIT calls clustered near strikes corresponding to BTC price of $109,709, which is ∼41% higher compared to $77,400. Deribit calls expect BTC price of $106,000. * Flow dynamics: IBIT is dominated by retail bulls and systematic covered-call strategies, resulting in higher OI for OTM positions with low delta. * Expiry terms: IBIT OI-weighted mean expiry is ∼2 months higher than Deribit. October 2026 expiry is leading for IBIT, while August 2026 is preferred by Deribit – ETF holders prefer longer horizons than offshore speculators. Main Structural Differences * Implied volatility: IBIT's IV exceeds Deribit's. Volmex: ETF holders are unable to short BTC, and therefore have to buy puts for hedging, driving IV up. * Use case: Popular covered call strategy among IBIT – holding an ETF and selling calls above spot price to earn income from BTC's implied volatility. * Not competitors: "I don't see this as competition. It expands the market," Deribit's Sidrah Fariq. Higher number of IBIT options traders benefits venues such as Deribit. #BTC走势分析 #BlackRock $BTC {spot}(BTCUSDT)
BlackRock’s IBIT Options Surpass Deribit: Milestone for Institutional Crypto

IBIT options open interest topped Deribit on Friday, hitting $27.61B vs $26.90B. In just 2 years, BlackRock’s Bitcoin ETF options have matched Deribit’s BTC options market that’s run since 2016.

What This Milestone Means
* Institutional shift: Signals rapid U.S. adoption of regulated crypto derivatives. U.S. infrastructure “no longer second fiddle” to offshore markets.
* Broader impact: Booming regulated market could push more Wall Street firms into digital assets and mature price discovery.
* Access: U.S. retail can’t use Deribit. IBIT options give them regulated leverage/options exposure through brokerages.

IBIT vs Deribit: Similar Size, Different Target Audience
* Scale: Equal ∼$27B OI, but target different customer bases – IBIT serves regulated onshore market participants, while Deribit is for international players.
* Bullish view: IBIT calls clustered near strikes corresponding to BTC price of $109,709, which is ∼41% higher compared to $77,400. Deribit calls expect BTC price of $106,000.
* Flow dynamics: IBIT is dominated by retail bulls and systematic covered-call strategies, resulting in higher OI for OTM positions with low delta.
* Expiry terms: IBIT OI-weighted mean expiry is ∼2 months higher than Deribit. October 2026 expiry is leading for IBIT, while August 2026 is preferred by Deribit – ETF holders prefer longer horizons than offshore speculators.

Main Structural Differences
* Implied volatility: IBIT's IV exceeds Deribit's. Volmex: ETF holders are unable to short BTC, and therefore have to buy puts for hedging, driving IV up.
* Use case: Popular covered call strategy among IBIT – holding an ETF and selling calls above spot price to earn income from BTC's implied volatility.
* Not competitors: "I don't see this as competition. It expands the market," Deribit's Sidrah Fariq. Higher number of IBIT options traders benefits venues such as Deribit.

#BTC走势分析 #BlackRock

$BTC
Defending Crypto Bill During Mar-a-Lago Get-Together with Mike Tyson, Tether CEO President Trump assured high-level $TRUMP memecoin holders attending his exclusive Mar-a-Lago gathering Saturday that he will not allow banks to block the Clarity Act, which is the critical cryptocurrency market structure legislation for the United States. Trump Challenges Banks’ Opposition * Warning to banks: The White House “will not let the banks ruin crypto market structure legislation,” according to Trump. * Key obstacle: Banking associations have managed to convince senators that incentives paid to users of stablecoins can put the traditional banking industry at risk. * Current position: The Clarity Act made progress before getting blocked in Senate, but recent developments indicate that it might regain momentum soon. Notable Mar-a-Lago Guests * Guest List: Less than a few hundred high-ranking $T$TRUMP ners, Paolo Ardoino – CEO Tether, Cathie Wood - founder and CEO Ark Invest, CEO of Anchorage Digital Nathan McCauley, and former professional boxer Mike Tyson. * Others: Other matters that Trump brought up include Iran, Venezuela, and the NATO, which he describes as “a paper tiger” that is “never there for us.” * About crypto: “We are the leader in crypto. It has become mainstream,” Trump declared. Crypto Tensions for Political Gain * The President continues his support for crypto companies associated with him. * Conflict issues: There are plans to keep top officials like the president away from benefiting from cryptos in the Clarity Act negotiations. * Backlash received: Past events involving crypto investors have seen protesters denounce that the policies proposed are intended to help his businesses. Private meeting with foreigners who paid to attend. #TRUMPMemecoin #StablecoinDebate #BankLobby #ConflictOfInterestMarket #TrumpSpeech $TRUMP {spot}(TRUMPUSDT) $
Defending Crypto Bill During Mar-a-Lago Get-Together with Mike Tyson, Tether CEO

President Trump assured high-level $TRUMP memecoin holders attending his exclusive Mar-a-Lago gathering Saturday that he will not allow banks to block the Clarity Act, which is the critical cryptocurrency market structure legislation for the United States.

Trump Challenges Banks’ Opposition
* Warning to banks: The White House “will not let the banks ruin crypto market structure legislation,” according to Trump.
* Key obstacle: Banking associations have managed to convince senators that incentives paid to users of stablecoins can put the traditional banking industry at risk.
* Current position: The Clarity Act made progress before getting blocked in Senate, but recent developments indicate that it might regain momentum soon.

Notable Mar-a-Lago Guests
* Guest List: Less than a few hundred high-ranking $T$TRUMP ners, Paolo Ardoino – CEO Tether, Cathie Wood - founder and CEO Ark Invest, CEO of Anchorage Digital Nathan McCauley, and former professional boxer Mike Tyson.
* Others: Other matters that Trump brought up include Iran, Venezuela, and the NATO, which he describes as “a paper tiger” that is “never there for us.”
* About crypto: “We are the leader in crypto. It has become mainstream,” Trump declared.

Crypto Tensions for Political Gain
* The President continues his support for crypto companies associated with him.
* Conflict issues: There are plans to keep top officials like the president away from benefiting from cryptos in the Clarity Act negotiations.
* Backlash received: Past events involving crypto investors have seen protesters denounce that the policies proposed are intended to help his businesses. Private meeting with foreigners who paid to attend.

#TRUMPMemecoin #StablecoinDebate #BankLobby #ConflictOfInterestMarket #TrumpSpeech

$TRUMP

$
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Gus welcome to all, Pls share this live streaming+ join it =follow support and pala pala Thak you for you kind support
Quoted content has been removed
Will TRUMP Memecoin Holders’ Gala with Trump Make Waves in Cryptocurrency Markets? Donald Trump announced that he would give a speech at the TRUMP memecoin holders’ gala at Mar-a-Lago on April 25. The gala will only admit the best 297 holders of TRUMP coins, while the best 29 attendees get access to a private reception. His speech might have market implications. Reasons for Trump’s Speech to Matter * Attendees finalized: Previous terms suggested that Trump “might not be able to attend,” but the White House confirmed his attendance through Reuters. * Potential conflict of interest: Legislators raise concerns about Trump’s direct investment in the TRUMP memecoin. * Market implications: Content of his speech could change market sentiments quickly amid increasing governmental presence in cryptocurrency infrastructure. Bitcoin at Resistance in Advance of Gala * Context: BTC consolidating just below resistance with weakening volume. MAs trending sideways, momentum low, support intact but not with conviction. * Outcomes: ^ Concrete substance around regulation/adoptability → BTC may surpass $78K with volume. ^ Positive but abstract → Short spike before reverting to range. ^ Negative outlook → Rapid decline to challenge support because position sizing is conservative. Bitcoin Hyper: Layer 2 Play Following Speech? * Challenge: Playing BTC breakout provides little upside since most gains are priced in. * Layer 2 concept: Money shifting to Bitcoin infra projects with unpriced gains. * Bitcoin Hyper: Second-layer protocol on top of Bitcoin with SVM technology for quicker transactions + smart contract functionality without sacrificing BTC's security. * Pre-sale success: Over $32.5M raised at roughly $0.013679. Staking and bridge design seek usability. * Danger: In pre-sale phase; performance and post-sale liquidity unknowns. #TRUMP #Memecoin #BitcoinHyper #MarALago #Layer2 $BTC $TRUMP {spot}(TRUMPUSDT) {spot}(BTCUSDT)
Will TRUMP Memecoin Holders’ Gala with Trump Make Waves in Cryptocurrency Markets?

Donald Trump announced that he would give a speech at the TRUMP memecoin holders’ gala at Mar-a-Lago on April 25. The gala will only admit the best 297 holders of TRUMP coins, while the best 29 attendees get access to a private reception. His speech might have market implications.

Reasons for Trump’s Speech to Matter
* Attendees finalized: Previous terms suggested that Trump “might not be able to attend,” but the White House confirmed his attendance through Reuters.
* Potential conflict of interest: Legislators raise concerns about Trump’s direct investment in the TRUMP memecoin.
* Market implications: Content of his speech could change market sentiments quickly amid increasing governmental presence in cryptocurrency infrastructure.

Bitcoin at Resistance in Advance of Gala
* Context: BTC consolidating just below resistance with weakening volume. MAs trending sideways, momentum low, support intact but not with conviction.
* Outcomes:
^ Concrete substance around regulation/adoptability → BTC may surpass $78K with volume.
^ Positive but abstract → Short spike before reverting to range.
^ Negative outlook → Rapid decline to challenge support because position sizing is conservative.

Bitcoin Hyper: Layer 2 Play Following Speech?
* Challenge: Playing BTC breakout provides little upside since most gains are priced in.
* Layer 2 concept: Money shifting to Bitcoin infra projects with unpriced gains.
* Bitcoin Hyper: Second-layer protocol on top of Bitcoin with SVM technology for quicker transactions + smart contract functionality without sacrificing BTC's security.
* Pre-sale success: Over $32.5M raised at roughly $0.013679. Staking and bridge design seek usability.
* Danger: In pre-sale phase; performance and post-sale liquidity unknowns.

#TRUMP #Memecoin #BitcoinHyper #MarALago #Layer2

$BTC $TRUMP
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