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Markets
Central Bank Deems Bitcoin Too Risky for Reserves Despite Potential Benefits
According to the Czech Republic's central bank governor, Alex Michl, incorporating bitcoin into the bank's reserves could potentially enhance performance due to its low correlation with traditional assets, which could lead to higher returns without significantly increasing risk. However, Michl emphasized the high volatility of bitcoin, stating that its price could fluctuate drastically, even pote…
April 29, 2026, 12:11 p.m.
Markets
Central Bank Deems Bitcoin Too Risky for Reserves Despite Potential Benefits
According to the Czech Republic's central bank governor, Alex Michl, incorporating bitcoin into the bank's reserves could enhance performance, but its high volatility poses a significant risk. Michl noted that while bitcoin has shown high returns over time, its risk profile is too great for investment. The Czech National Bank had purchased $1 million in bitcoin as part of a test portfolio, which …
April 29, 2026, 12:11 p.m.
Markets
Minority Group Dominates Profits on Polymarket, with Less Than 1% of Wallets Claiming Half the Rewards
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April 29, 2026, noon
Markets
Minority Group Dominates Profits on Polymarket, With Less Than 1% of Wallets Capturing Half of Gains
Research suggests that a tiny fraction of traders on Polymarket are not only driving market movements but also reaping the majority of the rewards. A recent study by blockchain analytics firm Solidus Labs found that fewer than 1% of wallets on the platform are capturing roughly half of all gains in key markets. This concentration of profits is evident in Polymarket's politics markets, where 0.55%…
April 29, 2026, noon
Markets
Minority Wallets Dominate Profits on Polymarket, Capturing Half of Gains
None
April 29, 2026, noon
Markets
Tiny Group Dominates Profits on Polymarket, with Under 1% of Wallets Capturing Half of Gains
Research indicates that a minuscule group of traders dominates the profits on Polymarket, with fewer than 1% of wallets taking in roughly half of all gains. According to a report by blockchain analytics firm Solidus Labs, on Polymarket's politics markets between December 2025 and February 2026, a mere 0.55% of profitable maker wallets captured 50% of gains. Similarly, 0.26% of winning taker walle…
April 29, 2026, noon
Markets
Minority of Traders Dominates Profits on Polymarket
Research from blockchain analytics firm Solidus Labs has uncovered a striking disparity in profit distribution on Polymarket, with less than 1% of wallets accounting for approximately half of all gains. This phenomenon is observed in key markets, where a small group of traders appears to be driving the majority of profits. Between December 2025 and February 2026, a mere 0.55% of profitable maker …
April 29, 2026, noon
Markets
Minority of Traders Dominates Polymarket Profits
New findings indicate a tiny fraction of traders on Polymarket are reaping substantial rewards, with less than 1% of wallets accounting for roughly half of all profits. According to a report by Solidus Labs, this extreme profit concentration is evident across key markets, with 0.55% of profitable maker wallets and 0.26% of winning taker wallets capturing around 50% of gains. This translates to ap…
April 29, 2026, noon
Markets
Minority Group Dominates Profits on Polymarket, with Less Than 1% of Wallets Capturing Half of Gains
Research has shown that a small group of traders may be influencing prediction markets, but a new report from Solidus Labs suggests that an even smaller group is accumulating the majority of the profits. According to the report, fewer than 1% of wallets on Polymarket are capturing roughly half of all gains in key markets, with 0.55% of profitable maker wallets and 0.26% of winning taker wallets a…
April 29, 2026, noon
Markets
Minority of Traders Dominate Profits on Polymarket, Research Finds
Research from blockchain analytics firm Solidus Labs has uncovered that a tiny fraction of traders on Polymarket are reaping the majority of the profits, with less than 1% of wallets accounting for roughly half of all gains in key markets. Between December 2025 and February 2026, the report found that a mere 0.55% of profitable maker wallets captured 50% of gains, while 0.26% of winning taker w…
April 29, 2026, noon