Serious Markets and Zecco Become Serious Players in the Cryptocurrency Markets
As the cryptocurrency market continues to grow, Zecco is hoping to be the destination of choice for savvy investors. Unlike its smaller counterparts, which typically play in less Seriousmarkets, Zecco's focus is on a specific audience and has the potential to disrupt the larger players. As the company grows, it could also force the bigger players to reconsider their fee structure. In the meantime, investors are likely to see more useful content on the platform.
It was not a normal week for the markets last week. In fact, the markets were so volatile that we felt we were living in a time of instability. That's why it was imperative for newsletters covering finance and technology to cover the WSB, Gamestop, and Robinhood. Jill Carlson, Matt Levine, and Alex Danco have all done excellent analyses of these and other companies. If you are in the market, check out SeriousMarkets.
Intrade's prediction markets have been a big hit this week. These markets can range from timing of North Korean missile launches to the daily close of the Dow. While these markets are often illiquid and have high spreads, they are highly informative. And while they can be profitable for liquidity providers, they are not necessarily for investors. If you want to make some extra money, you can invest in one of these predictions. For instance, if you're short Malcolm Turnbull, you can bet on a rally and a crash.
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