Polymarket monthly volume hits $100M as presidential race heats up
There are now over $200 million worth of bets on who will win the United States presidential election — now just four months out.
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Cointelegraph Exclusive: Former CFTC Chair Looks to Digital Dollar Beyond COVID-19 Stimulus
The digital dollar has been the talk of the crypto world this week. Drafts of the COVID-19 stimulus bill first included and then discarded the creation of digital dollar wallets; a digital distribution method that would enable direct aid to citizens. The version of the “Coronavirus Aid, Relief, and Economic Security Act” that became law on…
Kraken to launch Ink blockchain for DeFi in early 2025
Kraken’s new blockchain, Ink, will simplify decentralized finance access, offering trading, lending and borrowing services without intermediaries.
eToro US to cease nearly all crypto trading following SEC settlement
The trading platform agreed to pay $1.5 million as part of the settlement with the SEC.
Dutch Crypto Firm Libereum Acquires Spanish Soccer Club Elche CF
Dutch crypto firm Libereum has acquired Spanish soccer club Elche CF for $4.9 million, according to a press release published to the Libereum website Dec. 26. The acquisition marks the first step in the crypto company’s ambitions to purchase a set of international soccer clubs and make its ERC20 token, Liber, a mandatory form of…
Top Traders Debate Future of BTC After Bitcoin Price Drops to $8.6K
The price of Bitcoin (BTC) suddenly dropped from $10,000 to $8,600 on BitMEX as nearly $140 million worth of long contracts were liquidated. The pullback came merely 16 hours after BTC surged to $10,473, testing the dreaded $10,500 resistance level.Bitcoin typically sees a heightened level of volatility when it approaches key dates. Crucial periods in…
Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion
Sunday, Feb. 24 — the top 20 cryptocurrencies saw a sharp market reversal, reporting heavy losses over the 24 hours to press time after earlier today seeing major gains. Most of the severe downward movement among top coins happened in under half an hour.Bitcoin (BTC) broke the $4,150 mark again today before falling back under…
Bears intend to pin Bitcoin price below $42K until Friday’s $700M expiry passes
Bitcoin (BTC) has been trading in a descending pattern since the strong $53,000 rejection that occurred on Sept. 7, and the $3.4 billion futures contracts liquidation along with China's ban on crypto trading appear to have severely impacted traders' morale. Adding to the negative sentiment, major crypto exchanges like Binance and Huobi halted some services in…
Crypto gambling site Stake sees $16M withdrawals in possible hack
Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether. Crypto gambling site Stake has experienced $16 million in withdrawals on Sept. 4 in what security platform Cyvers Alerts is calling “suspicious transactions.” The withdrawing account has been labeled “Stake.com Hacker”