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11:35
Bitget has launched USD-margined CTR perpetual contracts and simultaneously listed SNOW stock contracts.
Odaily reported that, according to the official announcement, Bitget has now launched U-margined CTR perpetual contracts and SNOW (Snowflake Inc.) stock contracts, both supporting up to 20x leverage.
11:35
Prediction markets leverage Meme culture to attract Generation Z, with 69% of users incurring losses, raising regulatory concerns
Odaily reports that prediction market platforms such as Kalshi and Polymarket are attracting young users through meme culture, humorous memes, and gamified designs. These platforms enhance user engagement with features like leaderboards, badges, and interactive comments, while also setting low entry requirements, with the minimum use age at 18—lower than the legal gambling age of 21 in most US states. Currently, only a few top users profit from Polymarket trading, and about 69% of users incur losses. Experts warn that young users are susceptible to cognitive development influences, which may lead to dependence on high-risk investments. US senators Katie Britt and Richard Blumenthal have reportedly introduced a bill to restrict minors from being exposed to prediction market advertisements.
11:35
European Central Bank meeting minutes: On the consumer side, it is still too early to see second-round effects, as wage negotiations need to take place before they can be reflected.
European Central Bank meeting minutes: On the consumer side, it is still too early to see second-round effects, as wage negotiations need to take place first before these can be reflected.
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