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CRYPTO MARKET UPDATE

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Pokémon cards will soon have their ‘Polymarket moment’

Pokémon trading cards could be the next real-world asset to move onchain at scale, potentially bringing a $21.4 billion market to the blockchain.

“Pokémon and other [trading card games] are about to have their ‘Polymarket moment,’” said Bitwise research analyst Danny Nelson on Thursday.

“I expect the Pokémon boom will be sticky — one of those moments where an ‘only in crypto’ innovation breaks into the mainstream. Kinda like what Polymarket did for prediction markets.”

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CRYPTO MARKET UPDATE

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European Central Bank chief urges stricter oversight of non-EU stablecoin issuers

European Central Bank President Christine Lagarde said that the European Union should hold non-EU stablecoin issuers to the same stringent reserve requirements as their EU counterparts to address the risk of runs.

Speaking Wednesday at the annual conference of the European Systemic Risk Board, Lagarde said "gaps remain" in the EU's current Markets in Crypto-Assets (MiCA) regulation regarding requirements for stablecoin issuers.

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Binance, KuCoin
#ETH/USDT Take-Profit target 2 ✅
Profit: 1.0466% 📈
Period: 14 Hours 32 Minutes ⏰

Binance, KuCoin
#ETH/USDT Take-Profit target 3 ✅
Profit: 1.5183% 📈
Period: 14 Hours 58 Minutes ⏰

Binance, KuCoin
#BCH/USDT Take-Profit target 2 ✅
Profit: 1.3538% 📈
Period: 10 Hours 35 Minutes ⏰