Market Updates

Investors in Polymarket can access U.S. election odds on the Bloomberg Terminal, impacting prediction markets.

Nigeria gives the crypto exchange operational license to Quidax, making a paradigm shift in its regulation of the digital assets industry.

Telegram's South Korean legal troubles may push Toncoin below $5, causing market volatility. Major investors buy, while smaller holders sell.

The crypto market lost $310M in August 2024 due to hacks, scams, and exploits, with Bitcoin and Ethereum prices dropping over 12% and 20%.

59.8% of Chinese investors reported crypto losses in 2024, mainly due to declining altcoin prices, while only 23% made profits.

Ripple unlocks 1 billion XRP tokens from escrow, maintaining its gradual release strategy to control cryptocurrency supply and market stability.

New Zealand will implement the OECD’s crypto reporting rules by April 2026 to curb tax evasion and improve market transparency. 

A second spot Solana ETF has been permitted to be launched by Brazil's Comissão de Valores Mobiliários (CVM).

With inflows hitting $202.6 million as of the 26th of August, recent events have demonstrated a considerable increase in Bitcoin Exchange-Traded Funds (ETFs).

Willy Woo published a graphic on August 22 that depicted the amount of Bitcoin that was available on exchanges.