US Futures Rise as Fed Aligns With Street Wagers: Markets Wrap

(Bloomberg) — US equity-index futures rose as investors grew confident the Federal Reserve’s peak interest rate would be within levels already priced in by markets. Most Read from Bloomberg Cont...

Gatorade Color, Coin Toss And ‘Scorigami’ Among The Oddest Legal Wagers You Can Make This Year

Topline More Americans than ever will be able to bet on the Super Bowl this year, and their options will go far beyond the point spread, with everything from the opening coin toss to the color of the ...

Short Sellers Jump on Crypto Stocks Despite Steep Cost of Wagers

(Bloomberg) — Short sellers have pounced on crypto-focused equities as the digital-assets space crumbles in the wake of FTX’s public implosion. They’re paying a steep price to place those wagers...

US Futures Slide as Global Rate-Hike Wagers Surge: Markets Wrap

(Bloomberg) — US equity-index futures fell with Treasuries after a chorus of Federal Reserve officials reiterated their resolve to continue rate hikes and traders raised tightening wagers for ot...

Last Week [In] Crypto: CFTC Bans Betting Platform From US Election Wagers, Nepal Looks to Launch CBDC

Last week, the Commodity Futures Trading Commission (CFTC) ordered the PredictIt gambling site to cease operations for failing to follow guidelines. Be[In]Crypto has gathered some of the most importan...

CFTC Bans Betting Platform From Taking Wagers on US Elections

Gambling platform PredictIt has been told to shut up shop by the Commodity Futures Trading Commission (CFTC) for failure to comply with regulations. The CFTC ordered the political gambling platform to...

Ark Invest CEO Wagers on Cash App over PayPal’s Venmo for the Long Run

Ark Invest CEO Cathie Wood thinks Cash App is a better bet than Venmo in terms of long-term opportunities. Wood opined that PayPal’s Venmo is merely following the trail set by Cash App and will always...

Short Seller Who Bet Against Wirecard Wagers Tesla Is Overpriced

(Bloomberg) — Fraser Perring, the short seller who accused Wirecard AG of fraud years before the German payment processing company’s collapse, is betting Tesla Inc.’s stratospheric valuation wil...