The Daily: Fresh Polymarket accounts net $1M ahead of US airstrikes on Iran, JPMorgan says crypto bill could be approved within months and more
Summary
The Daily newsletter covers several key developments in the crypto space. Notably, fresh Polymarket accounts collectively netted $1 million by betting on US airstrikes on Iran prior to their occurrence, raising concerns about potential insider trading. JPMorgan analysts predict the Clarity Act, a crypto market structure bill, could be approved by mid-year, potentially boosting institutional participation. Additionally, Michael Saylor's Strategy acquired another 3,015 BTC, increasing its total holdings to over 720,000 BTC, while the 'Aave will win' proposal passed a temp check, aiming to shift revenue to the DAO. A developer also demonstrated embedding an image directly onto the Bitcoin blockchain, challenging limitations proposed by BIP-110. Upcoming events include speeches from US FOMC members and the Digital Asset Summit Ontario.
(Source:The Block)