Crypto contracts on Kalshi and Polymarket hit a record $2.7 billion in weekly volume, driven mostly by short-term bets on where bitcoin heads next. What Set the Record Exactly?
Crypto
Bitcoin closed a daily candle below its 50-day moving average for the first time since August, as $318 million in long bets were wiped out in a single day. The Line That Broke For roughly two months, bitcoin’s 50-day moving average (MA) ac…
Crypto
Uniswap (UNI) has lost 25.75% of its value over the past month, sliding to $6.93. On-chain data, however, shows new users arriving at the fastest pace since November 2022. Santiment counted 2,295 new UNI wallets in a single day. The firm s…
Crypto
The token has underperformed bitcoin and ether, while Uniswap still holds about $4 billion in liquidity.
Crypto
An Ethereum initial coin offering (ICO) buyer who bought 100,000 ETH at $0.31 each just moved another 1,000 ETH, worth about $2.4 million, to Kraken. The Sale Onchain sleuths picked up on the move earlier today, highlighting that an Ethere…