Markets
Latest news about markets and price movements.
$11 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means
About $11 billion in Bitcoin options expire on Friday on Deribit, a crypto options exchange, with Bitcoin trading near $81,500 a day after the Federal Reserve held interest rates steady while two of its officials voted to raise them. Even people who never touch options have a stake, because the traders who sold these contracts must buy or sell real Bitcoin to hedge as the price moves, which can add to swings without any news behind them. Myriad: Where does Bitcoin go next? Click to make your pr...
Oct 27, 2026
Markets
Intel, Oracle, IBM Join Objections to OKX-ICE Tokenized Stock Venue, Bringing Total to 26
The tech sector’s resistance to tokenized stocks keeps building. Intel, Oracle, IBM, and quantum computing firm IonQ are the latest companies to object to having their shares traded on OKXICE TSV, according to an updated public notice from the venue dated Monday. Myriad: Which company will IPO next? Click to make your prediction. The planned platform, a 50-50 joint venture between NYSE owner Intercontinental Exchange and OKX’s U.S. holding company, now lists 26 objecting issuers. That’s up from...
Oct 27, 2026
Markets
McDonald's McRib Doesn't Actually Boost Bitcoin's Price, Sorry Everyone
The McDonald's McRib has become a crypto meme in recent years, due to many traders believing that its reintroduction to the menu precedes a boost in Bitcoin's price. And, with the tangy pork sandwich back in certain states across the U.S., crypto traders are getting excited. But experts have taken the McRib theory off the menu, saying that those parroting the theory are forgetting all of the times that the McRib hasn't coincided with a Bitcoin price increase. The McRib is back on 10/27. BTC his...
Oct 26, 2026
Markets
NBA Embraces the CFTC on Prediction Markets as the NFL Fights It in Court
The NBA has struck a deal with the top U.S. derivatives regulator to help police prediction markets, becoming the latest major sports league to formalize an integrity partnership as betting on games moves onto federally regulated platforms. The Commodity Futures Trading Commission said Monday it signed a memorandum of understanding with the basketball league to protect the integrity of professional basketball in prediction markets. Myriad: Who wins the World Series? Click to make your prediction...
Oct 26, 2026
Markets
Why Prediction Markets Got the Brazilian Election So Wrong
Prediction markets got the results of Brazil's presidential election wildly wrong, with Polymarket putting Luiz Inácio Lula da Silva's chances at just 20% before election day, when he ultimately won out. Experts say the whiff is the result of Brazil banning prediction markets in the country and a wave of retail investors diluting the expertise of the money on the line. Myriad: Who will win the midterms? Click to make your prediction. Luiz Inácio Lula da Silva, commonly referred to as Lula, beat...
Oct 26, 2026
Markets
Brazil’s Stock Market Crashes After Lula’s Upset Victory
Brazil’s stock market lost more than $200 billion in value at the open on Monday after President Luiz Inácio Lula da Silva beat Senator Flávio Bolsonaro in Sunday’s runoff, a result that prediction markets had priced at roughly a one in five chance. The iShares MSCI Brazil ETF, ticker EWZ, a basket of Brazilian stocks that trades in New York like a single share, fell as much as 26% from Friday’s close of about $42.60, touching $31.40 before trimming the loss to about 23% at $32.84 by 10:38 a.m....