Business

Polymarket Trader Loses Almost $1M bet against Mamdani

Zohran Mamdani’s victory over Andrew Cuomo to become New York’s 111th mayor drew a record turnout and $424 million in Polymarket betting volume, leaving one trader with heavy losses after betting against him. A player by the handle ‘fuxfux007’ is down $969,169 after playing against Mamdani. The trader appears to be new to Polymarket, according […]

Polymarket Trader Loses Almost $1M bet against Mamdani Read More »

Slides 6% as Bearish Bitcoin Sentiment Weighs Ripple-Linked Token

XRP dipped sharply during Tuesday’s session, breaking below key support levels on exceptional volume as bearish momentum strengthened and traders targeted the $2.00 psychological zone. News background XRP fell 6.4% to $2.20 in 24 hours, coming off an intraday high of $2.35 amid heavy institutional selling pressure. The token traded over a wide range of

Slides 6% as Bearish Bitcoin Sentiment Weighs Ripple-Linked Token Read More »

Animoca’s public market ambition aims to give crypto access to ‘billions’

NEW YORK – Animoca Brands wants to become institutional investors’ proxy for a growing altcoin market, its co-founder told CoinDesk on Monday. Animoca announced its intention to list on Nasdaq through a reverse merger with Currenc Group on Monday morning, promising to create a conglomerate that will give institutional and retail investors access to what

Animoca’s public market ambition aims to give crypto access to ‘billions’ Read More »

What’s Next As Bitcoin, ETH, SOL, XRP Fall 6-10%, Bulls See Massive 1.6Bn

Bitcoin slipped to just above $100,000 late Monday, before a small recovery to $101,000, as a wave of forced liquidations and renewed macro turmoil wiped out billions in speculative positions across crypto markets. More than $2 billion in futures contracts were liquidated in the last 24 hours, per CoinGlass, with long traders accounting for nearly

What’s Next As Bitcoin, ETH, SOL, XRP Fall 6-10%, Bulls See Massive 1.6Bn Read More »

Chainlink Runtime Environment is coming to Chainlink

Chainlink has launched the Chainlink Runtime Environment (CRE), a new software platform designed to let institutions implement smart contracts across public and private blockchains with built-in tools for compliance, privacy and data integration. Revealed during Chainlink’s SmartCon, CRE is part of the platform’s push to become core infrastructure for financial institutions moving into blockchain-based rails.

Chainlink Runtime Environment is coming to Chainlink Read More »

Nasdaq CEO outlines 3 ways blockchain can solve finance

Nasdaq CEO Adena Friedman sees blockchain reshaping the traditional financial system in three key ways: by overhauling post-trade infrastructure, freeing up locked-up capital through better security mobility, and enabling faster, more seamless payments. “There’s just so much capital trapped, whether it’s in clearinghouses or clearinghouses,” Friedman said during a discussion with Ripple president Monica Long

Nasdaq CEO outlines 3 ways blockchain can solve finance Read More »

Down 6% as technical breakdown trumps UBS, FTSE Partnership

Native token of oracle network Chainlink CONNECTION$14.72 broke through key technical support levels on Tuesday, falling 6% to below $14.50, CoinDesk data shows. The decline accelerated on massive volume that surged 57.81% above its seven-day average, signaling aggressive distribution rather than thin market selling, CoinDesk Research’s technical analysis model noted. The weak price action fell

Down 6% as technical breakdown trumps UBS, FTSE Partnership Read More »

20% free fall in two days amid $1 billion liquidation cascade

Ethereum’s Ether ETH$3,278.49 just tumbled more than 20% on Tuesday in a two-day rout almost identical to the Oct. 10 crash. Trading just below $4,000 early Monday, the second-largest cryptocurrency by market capitalization fell to nearly $3,000 by Tuesday afternoon in the U.S., touching its weakest level since mid-July. It is the second severe correction

20% free fall in two days amid $1 billion liquidation cascade Read More »

Scroll to Top