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Crypto.com launches “OG”, a new prediction market experience

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Crypto.com launches “OG”, a new prediction market experience

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

OG launches a new prediction market, letting users trade, compete, and climb the leaderboard.

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Summary

  • OG launches a social prediction market app, letting users trade CFTC-regulated sports, finance, and cultural events.
  • First 1m users of OG can earn up to $500 while trading real-world event outcomes via Crypto.com’s CDNA platform.
  • OG combines trading, social engagement, and leaderboards, offering a new way to participate in sports and financial predictions.

OG, a new prediction market experience, today announced its official launch, introducing a new way for consumers to trade, engage with others, and climb the leaderboard.

Combining the accessibility of a consumer app, engagement features of a social media network, and the rigor of an institutional-grade platform, OG provides sports fans access to a most comprehensive range of CFTC-regulated sports event contracts as well as additional event contracts across financial, political, cultural, and entertainment events. The first one million users to sign up with OG will receive up to $500 in rewards.

Powered and offered by the digital financial platform leader, Crypto.com | Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse and affiliate of Crypto.com, OG enables users to trade on the likelihood of real-world events — from the winner of the Super Bowl and March Madness to economic indicators, entertainment outcomes, and cultural trends.

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Integrating with CDNA and Crypto.com for futures trading

OG aggregates market-driven probabilities into clear, continuously updated forecasts, giving users a transparent view of what the crowd believes will happen next. Sport fans and consumers also have the ability to connect with other traders, share their opinions, and celebrate their triumphs. OG also plans to provide access to CDNA’s margin prediction contracts offering through Crypto.com’s federally licensed futures commission merchant. This will be the first prediction markets platform to offer margin trading.

“Crypto.com successfully built one of the largest brands and best app experiences in cryptocurrency during a period of hypergrowth amid a complex regulatory landscape, and now we will work to replicate this experience with OG in the prediction market space,” said Kris Marszalek, Co-Founder and CEO of Crypto.com. “We’ve experienced 40x weekly growth in our prediction market business over the last six months. This type of growth warrants a concerted effort with a standalone platform. Our goal is to establish OG as the premier sports prediction market technology with the best customer experience.”

As part of the launch of OG, Nick Lundgren has been named CEO of OG. Nick also serves as Chief Legal Officer of Crypto.com, where he led the company’s entrance with the nation’s first CFTC-regulated sports event contracts in December 2024 as President of CDNA. He has also spearheaded Crypto.com as the industry leader in licenses and certifications and procured the acquisition of CDNA in 2022, the then-largest acquisition in crypto industry history. 

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“Crypto.com was the first company to offer federally licensed sports prediction contracts in the United States, so launching OG is very fitting,” said Nick Lundgren, CEO of OG. “We have tremendous momentum and expertise to establish OG as a market leader for consumers in this deca-billion dollar industry and have had excellent success with our prediction markets partners. Sports are the natural hub of prediction markets, and we see a massive opportunity to provide fans with an all-encompassing platform where it pays to be right. I am thrilled to be leading OG and establishing this new era of prediction markets that will include parlays, margin trading, and a dynamic social layer.”

Backed by Crypto.com’s industry-leading security and compliance infrastructure, OG’s commitment to compliance will ensure the integrity of the experience and will offer consumer protections and equip customers with tools and resources to help manage exposure and trade responsibly. 

OG will be headquartered in the U.S. and focused on the U.S. market initially, with plans to expand globally in the near future. Fans in the U.S. can make their call now by downloading OG in the App Store or Google Play Store, or via web.

OG, a Crypto.com company, offers CFTC-compliant technology to offer access to a federally regulated derivatives platform to trade, engage with others, climb the leaderboard, and where it pays to be right. OG provides sports fans and consumers with the opportunity to act on uncertainty, capitalize on the future, and celebrate triumph through a most comprehensive offering of sports and cultural event contracts.

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Founded in 2016, Crypto.com has millions of users worldwide and is one of the industry leaders in regulatory compliance, security and privacy. The company’s vision is: Cryptocurrency in Every Wallet™. Crypto.com aims to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem. 

Crypto.com | Derivatives North America (CDNA) is an affiliate of Crypto.com and is registered with the Commodity Futures Trading Commission (CFTC) as a designated contract market and derivatives clearing organization. CDNA offers market access, through various technology services providers and brands, including OG, for the trading of prediction market contracts, as well as economic and cryptocurrency event contracts. Margined trading of prediction market contracts is subject to the certification of such products with the CFTC. 

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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Crypto World

XRP Targets 2026 Highs After Binance Flows Flash Bull Market Signal

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Cryptocurrencies, Adoption, XRP, Markets, Derivatives, Financial Derivatives, Binance, Price Analysis, Futures, Market Analysis, Altcoin Watch

XRP (XRP) has consolidated within a tight price range below $1.40 over the past 20 days, but new data suggests it may be poised for a bullish breakout after a shift in Binance activity signals reduced sell-side pressure. 

Binance’s withdrawal and deposit activity is flashing a setup that mirrors June 2025, when the altcoin embarked on a rally to $3.65.

Cryptocurrencies, Adoption, XRP, Markets, Derivatives, Financial Derivatives, Binance, Price Analysis, Futures, Market Analysis, Altcoin Watch
XRP/USDT on the one-day chart. Source: Cointelegraph/TradingView

XRP Binance deposits drop to 2025 lows

Crypto analyst Amr Taha noted a shift in XRP activity on Binance, with transaction flows moving away from deposit-heavy behavior. The seven-day average shows XRP withdrawals rising to 53% while deposits dropped to 46%, returning to the levels last seen in June 2025.

Cryptocurrencies, Adoption, XRP, Markets, Derivatives, Financial Derivatives, Binance, Price Analysis, Futures, Market Analysis, Altcoin Watch
Binance daily deposit/withdrawal transactions. Source: CryptoQuant

That prior setup aligned with a 65% XRP rally to all-time highs of $3.65 in July 2025, placing the current shift on traders’ radar.

The falling deposit activity signals fewer coins moving onto exchanges, while rising withdrawals indicate assets leaving exchanges. This reduces immediate sell-side pressure if sustained over multiple trading sessions.

Currently, XRP flow on Binance is no longer dominated by incoming supply. This indicates a change in trader positioning, with fewer participants preparing to sell into the market.

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Meanwhile, liquidity has contracted sharply. CryptoQuant data shows XRP’s 30-day liquidity index on Binance dropping to 0.053, the lowest level since 2021. The 30-day trading volume stands at nearly 3.77 billion XRP, marking one of the weakest periods of activity in recent years.

Cryptocurrencies, Adoption, XRP, Markets, Derivatives, Financial Derivatives, Binance, Price Analysis, Futures, Market Analysis, Altcoin Watch
XRP Binance liquidity index. Source: CryptoQuant

The price action aligns with this slowdown. XRP trades near $1.38 with limited movement over the past three weeks, consistent with a quieter order book and reduced trader participation. These lower-liquidity phases may coalesce momentum and precede a stronger directional move once activity returns.

Related: Bitcoin’s struggle to build long-lasting uptrend continues: Here’s why

XRP traders position in futures markets

While XRP price consolidates, onchain data shows an aggregated spot cumulative volume delta (CVD) of -$153 million and a futures CVD near -$295 million, pointing to a reduction in aggressive selling.

Cryptocurrencies, Adoption, XRP, Markets, Derivatives, Financial Derivatives, Binance, Price Analysis, Futures, Market Analysis, Altcoin Watch
XRP price, aggregated open interest, funding, spot, and futures CVD. Source: velo.chart

The buy-side activity has not expanded, keeping the price movement muted. The funding rates have turned slightly positive at 0.06%, signaling a mild long bias.

Open interest has climbed to nearly $769 million, suggesting fresh positions are entering the market.

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Cryptocurrencies, Adoption, XRP, Markets, Derivatives, Financial Derivatives, Binance, Price Analysis, Futures, Market Analysis, Altcoin Watch
XRP/USDT on the one-day chart. Source: Cointelegraph/TradingView

From a technical perspective, a daily close above $1.40 opens the door to $1.60–$1.67. That $1.40 level also aligns with the 50-day moving average, which may flip into support on a bullish breakout.

The liquidation data shows roughly $250–$300 million in cumulative long/short positions at risk within a 10% move in either direction. Compared to larger assets like BTC (BTC) and Ether (ETH), the liquidity is relatively small, suggesting lower trader participation near $1.40.

Related: XRP Ledger taps Boundless for bank-grade privacy on public blockchains