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Cryptocurrencies See Weekly Losses with Ether Down 8% Amid AI Stock Surge
Cryptocurrency markets diverged sharply from traditional equities this week, with Ether falling 8% as AI stocks drove the S&P 500 to a record.

Cryptocurrency markets diverged sharply from traditional equities this week, with Ether falling 8% as AI stocks drove the S&P 500 to a record.

Cboe has launched its first prediction market product tied to the S&P 500 index, driven by growing demand for binary options contracts.

Cboe, a major U.S. derivatives exchange, is reintroducing S&P 500 binary options after a decade, targeting a market popularized by Polymarket and Kalshi.

Financial giant Charles Schwab is reportedly planning to enter the burgeoning prediction market space, initially offering simple S&P 500 bets.

Financial services giant Schwab is reportedly set to enter the prediction market space with S&P 500 event-based options, following crypto platforms.