Prediction markets trading volume had been tracking monthly gains as the sector gains popularity among short-term traders, but competition is also increasing. Monthly trading volume on the Polymarket prediction market fell by about 8.9% in April, the first decline in month-to-month activity since August as rivals like Kalshi increase their market share. Polymarket and its...Continue Reading
Despite short-term bearish bets from a successful Hyperliquid whale, a growing US Fed balance sheet and rising inflation support Bitcoin in the long term. Key takeaways: Bitcoin (BTC) failed to sustain bullish momentum on Wednesday, retreating below the psychological $80,000 level. Traders grew anxious as persistently high oil prices applied pressure to inflation and consumer...Continue Reading
Bitcoin’s pullback is expected to find support near $79,000, but every recovery attempt is likely to be sold into. Key points: Bitcoin (BTC) extended its pullback on Wednesday and slipped below the $80,000 level. However, analysts remain optimistic about BTC’s prospects in the near term. Analyst CRG said in a post on X that BTC...Continue Reading
Bitcoin traders eye a possible move higher as short-term selling pressure fades and the CLARITY Act vote boosts crypto market focus. Bitcoin (BTC) traders expected a quick move toward $90,000 after the upcoming CLARITY Act vote on Thursday, as improving market conditions and easing short-term sell pressure support an upside move. Bitcoin has traded around...Continue Reading
Former Celsius chief revenue officer Roni Cohen-Pavon, scheduled to be sentenced on Thursday after a guilty plea, agreed to a judgment of $1 million that he obtained as a result of his crimes. Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius, will likely turn over more than $1 million as...Continue Reading
France’s SocGen plans to use its EURCV and USDCV stablecoins for tokenized collateral, repo financing and institutional settlement activity on the Canton blockchain network. Societe Generale said its digital assets subsidiary Societe Generale-FORGE will deploy EUR and USD CoinVertible stablecoins on the Canton Network and support tokenized collateral and repo financing activity on the network....Continue Reading
Market analysts eye fresh Ethereum upside, fueled by JPMorgan and BlackRock tokenized fund moves plus looming CLARITY Act catalyst. Market analysts said Ether (ETH) was ready to continue its uptrend following moves by JPMorgan and BlackRock to launch tokenized funds on the Ethereum network. Key takeaways: Data from TradingView showed ETH/USD trading at $2,320, up...Continue Reading
This quarter, AI started writing its own exploits. Tea is shipping the trust layer underneath it. Code Is Abundant. Trust Is Not. Aerodrome voting opens May 28. Mainnet Launch: June 4. This quarter, AI started writing its own exploits. Tea is shipping the trust layer underneath it. Code Is Abundant. Trust Is Not. In the span...Continue Reading
The Bermuda-based asset manager launched a tokenized liquidity fund using Chainlink and Sygnum infrastructure, with JPMorgan providing daily NAV data for pricing. Fidelity International, a global asset manager with about $1 trillion in client assets, has launched a tokenized liquidity fund assessed by Moody’s Ratings. The new Fidelity USD Digital Liquidity Fund (FILQ) is issued...Continue Reading
Bitcoin slipped further below the $80,000 mark as US PPI data compounded the inflation problem from the US-Iran war and associated high oil prices. Bitcoin (BTC) fell below $80,000 into Wednesday’s Wall Street open as US inflation data continued to alarm. Key points: Read moreContinue Reading
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