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RUMOR

Prediction markets emerge as speculative ‘arbitrage arena’ for crypto traders

Predictions markets offer traders more upside than holding the underlying spot crypto, but AI bots and accounts with a 100% win rate raise suspicions of insider trading.

Predictions markets offer traders more upside than holding the underlying spot crypto, but AI bots and accounts with a 100% win rate raise suspicions of insider trading.
Cointelegraph - Altcoin News • Dec 8, 12:07 PM
CAP

Banks Love Significant Risk Transfers — and That Has Regulators Worried

Banks have been in a bind.

Banks have been in a bind. They want to make more loans so they can better compete against non-banking lenders and boost profits, but they have been hindered by tighter rules imposed after the 2008 financial crisis that require them to hold aside extra money to cover potential losses on the loans they have already made. This leaves less fresh capital available to pursue new lending or expand the company.
Bloomberg Markets • Dec 8, 12:01 PM
CAP

Gold Surge Sees Shift to Speculative Asset From Haven, BIS Says

Retail investors drove the recent gold price surge, pushing bullion out of its traditional safe haven pattern to a more speculative asset, according to the Bank for International Settlements.

Retail investors drove the recent gold price surge, pushing bullion out of its traditional safe haven pattern to a more speculative asset, according to the Bank for International Settlements.
Bloomberg Markets • Dec 8, 12:00 PM
REG

Ivory Coast Swears-In Ouattara for Another Five-Year Term

Ivory Coast President Alassane Ouattara has been sworn in for a fourth term following a landslide victory in October elections from which his main rivals were barred from running.

Ivory Coast President Alassane Ouattara has been sworn in for a fourth term following a landslide victory in October elections from which his main rivals were barred from running.
Bloomberg Politics • Dec 8, 11:48 AM
REG

Ivory Coast’s Ouattara Sworn In for Fourth Term as President

Ivory Coast President Alassane Ouattara has been sworn in for a fourth term following a landslide victory in October elections from which his main rivals were barred from running.

Ivory Coast President Alassane Ouattara has been sworn in for a fourth term following a landslide victory in October elections from which his main rivals were barred from running.
Bloomberg Politics • Dec 8, 11:48 AM
REG

US, India Seek to Reset Ties as Trade Deal Remains Elusive

Two separate US delegations are in New Delhi this week to hold talks with their India counterparts, seeking to repair bilateral ties even as a trade deal remains elusive.

Two separate US delegations are in New Delhi this week to hold talks with their India counterparts, seeking to repair bilateral ties even as a trade deal remains elusive.
Bloomberg Politics • Dec 8, 11:41 AM
CAP

Apollo CEO Isn't Fully Right About Private Credit

Apollo CEO Marc Rowan recently said everyone had "lost their minds" about private credit losses.

Apollo CEO Marc Rowan recently said everyone had "lost their minds" about private credit losses. Bloomberg Opinion columnist Paul J. Davies explains why that's not entirely right, according to the data. (Source: Bloomberg)
Bloomberg Markets • Dec 8, 11:10 AM
CAP

Wall Street Hedged Big Crypto Bet in $500 Million Ripple Deal

Ripple’s $500 million share sale in November drew some of Wall Street’s biggest names and marked a milestone in crypto’s evolution from fringe asset class to mainstream finance.

Ripple’s $500 million share sale in November drew some of Wall Street’s biggest names and marked a milestone in crypto’s evolution from fringe asset class to mainstream finance. Investors including Citadel Securities LLC and Fortress Investment Group backed the firm at a $40 billion valuation, a record for a privately held digital-asset company.
Bloomberg Markets • Dec 8, 11:00 AM