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Now is the Best Time to Interact with Polymarket (Exclusive Tutorial Included)

Polymarket, a prediction market platform, is currently offering an exceptional opportunity for users to earn liquidity provider (LP) rewards, particularly due to a massive $2 million subsidy program for NCAA's "March Madness" basketball tournament events. The core strategy for effective interaction is to focus on accumulating these LP rewards instead of solely trading, as a significant majority of users have never received any. To qualify, users must provide liquidity on specific, subsidized events by placing orders within a maximum spread (e.g., ±1¢) and a minimum share amount (e.g., 1000 shares). Rewards are distributed daily, but only if they exceed $1. The article provides a step-by-step guide: First, select an event with high subsidies from the Rewards page, preferably one starting later to minimize price volatility and inventory risk. For example, a game starting days later showed almost no price movement. Next, use the Split function to create equal buy and sell shares from a minimum of $1000, then place limit sell orders on both sides. It's advised to place orders slightly away from the market price (e.g., the second position) to reduce the risk of orders being filled, which would require rebalancing. Users should monitor their positions and consider withdrawing orders about one day before the event starts to avoid last-minute volatility, then potentially move funds to a later event. The author reports earning $4.31 in rewards over a few hours with minimal effort, highlighting that the current high subsidies and low volatility make this a relatively low-risk strategy to enhance one's Polymarket activity profile.

Odaily星球日报03/18 09:49

Now is the Best Time to Interact with Polymarket (Exclusive Tutorial Included)

Odaily星球日报03/18 09:49

VIP Believers in the Crypto Winter: Billions Evaporated, Why Do They Still Hold On?

Amid a brutal crypto winter that wiped out trillions in market value, a core group of believers remains steadfast. This Vanity Fair article explores the "VIP faithful" who continue to buy and hold despite catastrophic crashes, regulatory crackdowns, and industry scandals. Key figures like Galaxy Digital's Michael Novogratz, ARK Invest's Cathie Wood, and early investors like Meltem Demirors are portrayed not as mere speculators, but as participants in what they describe as a "religious movement." The piece traces crypto's evolution from its ideological origins in the 2008 Bitcoin whitetimepaper—a response to centralized financial system failures—to its mainstream adoption and subsequent commodification. The article highlights the deep internal rift between two groups: the original "believers" who champion decentralization and individual sovereignty, and the "grifters" and "tourists" who joined during boom cycles, turning crypto into a casino. It details the rise of NFTs through platforms like OpenSea, the catastrophic collapses of Terra/Luna and FTX, and the intense regulatory witch hunt led by the SEC under Gary Gensler. Ultimately, the narrative questions whether crypto's inevitable march into the mainstream—evidenced by political lobbying, institutional adoption, and even a Trump meme coin—represents a betrayal of its founding ideals or the ultimate validation of its success. Through booms, busts, and regulatory battles, the true believers stand firm,坚守信仰 (holding faith) in the face of the enduring crypto winter.

Odaily星球日报03/18 09:16

VIP Believers in the Crypto Winter: Billions Evaporated, Why Do They Still Hold On?

Odaily星球日报03/18 09:16

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