Huobi Growth Academy | Crypto Market Macro Report: Ceasefire Gamble, Fed Leadership Change, and Accelerated Institutionalization4. Bitcoin’s “Dual-Driver” Pricing: The Identity Overlap of Risk Asset and Scarce Asset | Bee Network
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The two platforms belong to different capital systems and user bases. Polymarket is backed by Peter Thiel and Silicon Valley venture capital, while Kalshi just completed a new round of funding in March with a valuation of $22 billion. Their usual competitive relationship is not particularly harmonious. However, when the same external threat emerged, they almost simultaneously took the same defensive action. Polymarket’s product went live on the day of the announcement, initially supporting BTC, NVDA, and gold with up to 10x leverage. Kalshi will officially launch on April 27 under the brand name “Timeless,” leveraging its CFTC DCM license and the new margin trading permission obtained in March. Both are playing the same card: licensed compliance + native prediction market user base. “Vertical Competition” From early 2024 to March…# Analysis# bitcoin# crypto# ethereum# Market# ToolPre
Beyond Cycles, Defining the Future: BIT Hosts Global Asset Strategy Sharing Session in Hong Kong, Exploring New Paradigms in Web3 and Traditional MarketsNext
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- 1. Ceasefire Gambit: The Strait of Hormuz – Open or Not? Fundamental disagreements existed over the content of the ceasefire agreement. The Trump administration declared a