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Ferrari is expanding its cryptocurrency payment options to European dealerships by the end of July, following a successful launch in the U.S. The luxury carmaker will accept Bitcoin, Ethereum, and USD Coin for vehicle purchases, aiming to implement this globally by the end of 2024.

Portfolio Pulse from Murtuza Merchant

July 24, 2024 | 3:20 pm

Vice President Kamala Harris is set to secure the Democratic Party's nomination for the 2024 election and is now tasked with selecting a vice-presidential candidate. Over $16 million has been wagered on Polymarket regarding her choice, with Mark Kelly, Josh Shapiro, Roy Cooper, and Andy Beshear being the top favorites.

Portfolio Pulse from Chris Katje

July 23, 2024 | 9:00 pm

Sportsbooks and prediction markets show President Joe Biden with low odds of winning the 2024 presidential election, with Donald Trump as the heavy favorite. BetMGM, a joint venture of MGM Resorts Worldwide, provides odds indicating a significant lead for Trump.

Portfolio Pulse from Chris Katje

July 19, 2024 | 8:46 pm

Crypto expert Scott Melker predicts Bitcoin (BTC) will reach $100,000 by year-end, citing an unprecedented bullish market setup. Factors include traditional finance inflows via ETFs, the launch of Spot Ethereum ETFs, and potential major announcements at the upcoming Bitcoin Conference. Melker also highlights the role of stablecoins like Tether (USDT) and Circle (USDC) in the market's growth.

Portfolio Pulse from Khyathi Dalal

July 19, 2024 | 5:51 pm

BlackRock's tokenized fund BUIDL has reached $500 million in assets under management within three months. The fund, issued on the Ethereum blockchain, allows Web3 institutions to access real-world returns. Key collaborations with Securitize, Circle, and Ondo Finance have been instrumental in this success. Despite regulatory challenges, the growth of BUIDL indicates strong institutional interest in tokenized financial products.

Portfolio Pulse from Murtuza Merchant

July 19, 2024 | 4:05 pm

The Maelstrom Fund, led by BitMEX co-founder Arthur Hayes, has launched a grant program to support Bitcoin development. The program will provide annual funding of $50,000 to $150,000 per developer, with a cap of $250,000 per year. The grants aim to enhance Bitcoin's resilience, scalability, censorship resistance, and privacy. Payments will be made in BTC, USDC, or USDT.

Portfolio Pulse from Aniket Verma

July 18, 2024 | 4:04 am

An assassination attempt on former President Donald Trump has significantly impacted the betting odds for the 2024 presidential election. Trump now has the shortest odds to win, with sportsbooks like BetMGM listing him at -250. The Democratic Party faces internal challenges, with Biden's odds fluctuating and Harris's approval ratings lower than Biden's.

Portfolio Pulse from Chris Katje

July 15, 2024 | 7:19 pm

Following a contentious debate, polls and betting odds suggest Kamala Harris may have a better chance than Joe Biden to beat Donald Trump in the 2024 presidential election. Harris leads Biden in three of six swing states and has surpassed him in betting odds and prediction markets.

Portfolio Pulse from Chris Katje

July 05, 2024 | 7:48 pm

The first 2024 presidential debate has led to increased calls for President Joe Biden to step down, causing volatility in betting and prediction markets. Biden's poor performance and concerns over his age have resulted in a significant shift in betting odds, with Donald Trump emerging as a stronger favorite. Prediction markets like Polymarket have also seen a surge in activity, with Trump's odds increasing and Biden's decreasing.

Portfolio Pulse from Chris Katje

July 05, 2024 | 2:59 pm

A report by 10x Research explores the recent 4% surge in Bitcoin's price, potentially linked to former President Donald Trump's strong position in the 2024 election race. The report suggests that while Bitcoin could see short-term gains, a drop to $55,000 is possible in the coming weeks. Seasonal trends, technical indicators, and challenges faced by Bitcoin mining companies are also discussed. Increased exchange balances and outflows from Circle's USDC indicate potential selling pressure.

Portfolio Pulse from Murtuza Merchant

July 02, 2024 | 11:22 am

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