Crypto Prediction Markets Lure Traders With AI And Arbitrage

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Blockchain-based prediction markets are drawing in more speculators as traders look for returns that surpass simply holding spot cryptocurrencies, according to a new report.

Prediction markets are emerging as a new speculative arena for traders, pitting casual retail participants against data-driven, professional traders, creating “extreme information asymmetry and meaningful arbitrage windows,” according to a Monday report from crypto research company 10X Research.

While sports bets account for the lion’s share of activity on these platforms,…



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Crypto Prediction Markets Lure Traders With AI And Arbitrage


Blockchain-based prediction markets are drawing in more speculators as traders look for returns that surpass simply holding spot cryptocurrencies, according to a new report.

Prediction markets are emerging as a new speculative arena for traders, pitting casual retail participants against data-driven, professional traders, creating “extreme information asymmetry and meaningful arbitrage windows,” according to a Monday report from crypto research company 10X Research.

While sports bets account for the lion’s share of activity on these platforms,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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