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Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood has introduced a new feature called "Custom Combos" within its prediction market platform, allowing users to create personalized betting combinations on various outcomes. Unlike traditional parlays, these Custom Combos enable users to select multiple events and outcomes to bet on, with the potential for higher payouts. The feature aims to enhance user engagement by offering more flexible betting options. Robinhood emphasizes that these Custom Combos are distinct from parlays, which typically involve betting on multiple events that must all win for a payout. The move reflects Robinhood's ongoing efforts to expand its offerings in the growing prediction market space.

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Here is why $1.2 billion Bitcoin ETF inflow is a new bullish signal

A recent inflow of $1.2 billion into Bitcoin exchange-traded funds (ETFs) is being viewed as a significant bullish signal for the cryptocurrency market. This surge in investment indicates growing institutional interest and confidence in Bitcoin, potentially leading to increased prices. Analysts suggest that such large inflows typically precede upward

Large bitcoin holders buy the most coins since the FTX collapse of 2022

Large bitcoin holders, often referred to as "whales," have significantly increased their purchases, acquiring the most coins since the FTX collapse in 2022. This surge in buying activity comes as the price of Bitcoin has stabilized and shown signs of recovery. Analysts suggest that these large investors are

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

The Digital Asset Head of the Depository Trust & Clearing Corporation (DTCC) emphasized that the organization is not creating isolated systems for tokenization in the cryptocurrency space. Instead, DTCC aims to foster an open and interoperable ecosystem that encourages collaboration among various stakeholders. The focus is on enhancing efficiency and

Animoca’s Yat Siu says crypto’s Trump moment is over

Animoca's co-founder Yat Siu stated that the initial excitement surrounding cryptocurrency, often likened to a "Trump moment," has passed. He emphasized that the industry is now entering a phase of maturity, where focus shifts from speculative investments to real-world applications and utility. Siu believes that this

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Here is why $1.2 billion Bitcoin ETF inflow is a new bullish signal

Large bitcoin holders buy the most coins since the FTX collapse of 2022

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

Animoca’s Yat Siu says crypto’s Trump moment is over