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Crypto
Peter Brandt says retail crypto traders fixated on charts and indicators are bound to fail
Veteran trader Peter Brandt warned retail cryptocurrency traders that focusing on short-term price moves and technical indicators misses what drives markets. He said speculation cannot be explained by prices, trading hours, margins, charts or government reports alone, and argued markets redistribute wealth from many to few. Brandt said big players lead the real game, while small futures traders barely count. He also pointed to upcoming central bank decisions and shifting U.S. regulation as markets adjust positions.
Crypto
Prediction markets grow but profits go to few
Prediction markets that let users bet on future events are expanding rapidly. Data show combined trading on Polymarket and Kalshi jumped to $24.2 billion in April from $1.8 billion a year earlier, and Kalshi raised $1 billion in a Series F round at a $22 billion valuation. Yet earnings are concentrated among a small group of professional traders, while most users lose money, according to a Wall Street Journal report.
Games & Commerce
NHN and Neowiz hold up in Q1 on web board games
NHN and Neowiz relied on web board games in the first quarter as the impact from major new releases was limited. Payment indicators improved after a change in the regulatory environment, including a higher monthly spending cap for web board games that took effect on Feb. 3. NHN reported rising average revenue per paying user across all web board titles and sharp growth for its Royal Hold\'em game tied to offline tournaments. Neowiz also cited a rebound in ARPPU for its web board games, supporting mobile revenue growth.
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Games & Commerce
NHN Q1 operating profit falls 5 percent on ahead-of-curve AI infrastructure investment
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Crypto
Following the crowd costs you - Vitalik Buterin reveals secret of contrarian bets
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Games & Commerce
Full overhaul talks gain momentum on South Korea game law; web board, P2E and governance issues emerge
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Games & Commerce
Jeong Woo-jin of NHN set for fourth term after record annual operating profit
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Games & Commerce
Web board games monthly payment cap raised to 1 million won after Cabinet meeting approval