Galaxy Digital Launches OTC Prediction Markets Trading Desk for Institutions
- New Platform Launch: Galaxy Digital has launched an OTC prediction markets trading desk aimed at providing institutional investors a platform to place bets on prediction events at a scale larger than retail traders, which is expected to significantly enhance institutional participation.
- Successful Inaugural Trade: The platform completed its inaugural $10 million trade with crypto hedge fund Arca, tied to the fate of the Digital Asset Market Clarity Act of 2025, demonstrating strong institutional interest and demand for prediction markets.
- Privacy Protection Advantage: Gilbert Wasserman, head of prediction markets at Galaxy, highlighted that privacy is a major attraction for institutional investors, as existing platforms like Polymarket expose wallet addresses, while Galaxy's trade structure allows transactions without public identity disclosure.
- Market Expansion Plans: Galaxy Digital plans to combine prediction market positions with hedges across multiple asset classes, ensuring a wider set of strategies, while also intending to gradually expand to additional platforms, further enhancing its market competitiveness.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.014 | 0.0186 | 0.0226 | 0.0272 | 0.0312 | 0.0358 | 0.0398 |
| Fibonacci | 0.0186 | 0.0219 | 0.024 | 0.0272 | 0.0305 | 0.0326 | 0.0358 |
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