Prediction markets rise 565% in Q3, fueled by US elections

An Ether (ETH) wallet that has been inactive since Ethereum’s ICO (Initial Coin Offering) in 2015, has suddenly awoken after eight years of dormancy, moving a total of 8,000 ETH in just two minutes.The wallet received the 8,000 ETH after participating in Ethereum’s ICO (Initial Coin Offering) in 2015 and remained inactive until May 27. On…

Bitcoin (BTC) derivatives exchange BitMEX has fallen to third place in 24-hour trading volume for Bitcoin futures. Data from Skew analytics on March 23 reveals that the derivatives giant, founded by Arthur Hayes, is reporting $2.45 billion in 24-hour futures volume, as against Binance’s $2.48 billion and OKex’s $3.08 over the same time frame.24-hour trading volumes…

Cointelegraph analyst and writer Marcel Pechman explains why the downgrading of U.S. government debt will negatively impact the price of Bitcoin over the next few months. 109 Total views 1 Total shares On this week’s episode of Macro Markets, Cointelegraph analyst and writer Marcel Pechman explores the United States debt downgrade by Fitch Ratings. According…

Bitcoin (BTC) managed to stay above $27,000 for the past three days but its 9% loss last week spooked some newbie traders. Glassnode data shows that short-term holders, who acquired Bitcoin less than 155 days ago, have been moving coins to the exchanges at a loss since April 16. While short-term traders are panicking and focusing…

Sunday's losses are erased in an instant in a classic move which nonetheless keeps Bitcoin price action below $60,000. 321 Total views 4 Total shares Bitcoin (BTC) stayed true to form on Nov. 22 as the hour before the Wall St. opening bell was met with a sudden surge.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSkittish…

Customers of the United States-based branch of major crypto exchange Binance, Binance.US, can now purchase cryptocurrencies using their debit cards.In a blog post on Nov. 1, Binance.US announced that the exchange will now offer its customers the possibility to purchase cryptocurrencies with a debit card, joining existing U.S. dollar on-ramp and off-ramps, including the automated…

The vote was passed to fully collateralize Frax Finance's native stablecoin, thus phasing out its algorithmic backing. Own this piece of history Collect this article as an NFTThe community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking an end to the algorithmic backing of the…

Well, Bitcoin (BTC) decided to take the bearish path, or maybe larger players that shape the market made the choice for it. The ascension from the narrowing pennant proved to be a fakeout and a tweezer top at $10,278 was followed by a sharp reversal all the way to the bottom of the larger bull…