By Emir Abyazov Bitcoin recovered to $92,000 after a dramatic drop to $80,000, with November 21 marking the biggest correction since reaching historical highs. This 15% weekly rebound aligned with a shift in Federal Reserve expectations, as the probability of a December rate cut climbed back to 70%. The renewed macro optimism formed the backdrop […]
Tag: CFTC
By Emir Abyazov Key highlights: Polymarket receives long-awaited approval that could reshape U.S. prediction markets. Federal probe ends and sparks a major shift in the platform’s future. New leadership at the CFTC raises the stakes for digital-asset oversight. Polymarket, the prediction-market platform, has secured authorization from the U.S. Commodity Futures Trading Commission (CFTC) to operate […]
By Emir Abyazov Rather than responding positively, digital assets triggered a wave of sell-offs, contradicting the usual correlation between political certainty and market stability. This unexpected reaction set the tone for a volatile week ahead. At the very moment Washington resumed business and broader market optimism spread, Bitcoin plunged to $94,000 — its lowest level […]