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Adam Forsyth

South Korea gives Polymarket final chance before crackdown

South Korea has given Polymarket an opportunity to defend its operations before regulators decide whether to seek corrective action over concerns that the prediction market platform may violate the country’s gambling laws. Summary South Korean regulators will hear Polymarket’s response before deciding on possible corrective action. Authorities are reviewing whether the platform’s prediction markets violate…

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Altcoins Down 80-90% Could Outperform Bitcoin

The analyst argues that many altcoins now resemble Bitcoin’s earlier accumulation phases before its biggest rallies. Crypto analyst Credible Crypto believes many of the beaten-down altcoins could offer better risk-reward than Bitcoin (BTC) at current prices. According to him, projects trading 80% to 90% below their all-time highs may deliver outsized returns if the…

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What Garlinghouse’s attack on Saylor reveals about Ripple

Brad Garlinghouse called Strategy’s sliding preferred shares a damning indictment of financial engineering. Traders answered with an uncomfortable observation: Ripple also funds itself from the asset it champions, one billion escrowed XRP at a time. The feud between crypto’s two most leveraged evangelists says more about both companies than either intended. Summary Brad Garlinghouse criticised…

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