While Bitcoin and Ethereum have grabbed headlines with new all-time highs in recent weeks, BNB has quietly outperformed its top-ten crypto rivals over the past year. Year-to-date, BNB's 85.6% gains put it at the front of the pack, dwarfing Ethereum’s second place returns of 37.7%. Of the top 10 cryptocurrencies by market cap, TRON, Bitcoin and Solana have managed YTD gains in the lower double-digits, while the remainder of the top ten have generated single-digit returns. BNB is currently trading at $1,30 ...

Goodbye "red September," hello “Uptober.” As the bullish vibes return to the crypto market, traders appear to be setting their sights on risk assets beyond just Bitcoin, with Ethereum and Solana—two of the largest altcoins by market capitalization—each rising 5% today. So where are traders most likely to place their bets next? The month that traditionally punishes crypto investors ended up delivering a 3.5% gain for the total market cap, defying the doomsayers who predicted blood in the streets based on ...

Group 1 - Prediction markets and decentralized autonomous organizations (DAOs) share strong similarities, as both blend social behavior and financial capital [1][2] - DAOs are seen as a means to coordinate human and financial capital, while prediction markets can also coordinate capital and human intelligence [1] - The evolution of Syndicate's focus includes enabling communities to launch their own blockchains through appchains, moving beyond just DAO infrastructure [2] Group 2 - DAOs were prominent during the pandemic, with various high-profile projects, but their visibility has decreased compared to prediction markets [3] - Despite regulatory threats, Kalshi recently surpassed $1 billion in monthly trading volume, and Polymarket had 226,000 active traders generating $1 billion in trading volume [4] - Prediction markets allow users to bet on a wide range of future events, indicating that the next chapter for DeFi may be influenced by upcoming news rather than governance discussions [5]

Core Insights - The paper argues that BTC settlement in prediction markets could provide superior economics for users compared to stablecoin-denominated markets [1][2] - It critiques the current trend of using stablecoins, highlighting the opportunity cost for Bitcoin holders who miss out on potential BTC appreciation [2][3] Group 1: Current Market Dynamics - Most on-chain prediction markets use stablecoins to avoid volatility, which forces Bitcoin holders to convert their assets, leading to opportunity costs [2][3] - The author suggests treating BTC as a deflationary settlement asset, similar to gold, to allow users to benefit from long-term appreciation [3] Group 2: Liquidity Bootstrapping Strategies - The paper explores three methods to bootstrap liquidity in BTC-based markets: cross-market making, DeFi redirection of trades, and automated market makers (AMMs) [3] - Each method is analyzed for its risk profiles, including exchange-rate swings and slippage, which impact users and liquidity providers [3] Group 3: Practical Applications of BTC Settlement - BTC settlement could be particularly beneficial for long-dated political events, allowing Bitcoin holders to maintain exposure while participating in prediction markets [4] - Crypto-native communities may prefer BTC settlement as it aligns with their belief in crypto as a value storage, avoiding the need to convert to stablecoins [4] - In regions with unstable fiat or regulatory issues surrounding stablecoins, BTC-settled markets could serve as a more reliable settlement asset [4] - Events with small payoff windows or during volatile periods may also benefit from BTC denomination, making it more relevant [4]

`` The crypto market is trying to rewrite the “Red September” playbook, with major altcoins like Dogecoin and Solana finding investors still have an appetite for riskier bets. `` `` The Altcoin Season Index touched 80 points today—the highest it’s been so far in 2025. Meanwhile, the Crypto Fear and Greed Index climbed to 53 points from 39 at the beginning of the month, signaling growing bullish sentiment across the board. `` ```` On the normie side of Wall Street, the S&P 500 advanced 0.85% to 6,587.47 and ...

RT Farokh (Perma/Bull) (@farokh)Polymarket, Kalshi, Myriad.Sign up to @MyriadMarkets today anon. ...