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Myriad prediction market protocol has achieved $100 million in cumulative trading volume since launch, highlighting surging demand for forecast trading platforms in the crypto space. With 400,000 active traders and 6.3 million trades, it signals the mainstream potential of prediction markets in DeFi. Myriad’s trading volume surged 10x in three months, reaching $100 million total. […]
Wintermute’s withdrawal of 24,124 AAVE tokens worth $4.1 million from Kraken on November 24 signals strong whale accumulation in the AAVE demand zone. This move, combined with rising buyer dominance in spot and derivatives markets, supports a potential rebound from $150-$160 toward $179 resistance. Whale Activity Boost: Wintermute’s large AAVE withdrawal highlights strategic accumulation by […]
Tencent’s $1.3 billion investment in Ubisoft’s Vantage Studios has driven shares up 15%, strengthening finances and supporting major franchises like Assassin’s Creed. This deal values the studio at €3.8 billion pre-money, with Tencent gaining 26% interest to enhance creative development and debt reduction. Financial Boost: The investment allows Ubisoft to repay loans early, stabilizing its […]
The Hyperliquid token unlock involves releasing 9.92 million HYPE tokens worth $314 million on Saturday, representing 2.66% of the total supply in a cliff unlock. This event has sparked community concerns over potential sell pressure, as highlighted by BitMEX co-founder Arthur Hayes, who warns of unavoidable uncertainty despite team assurances. Hyperliquid’s $314 million HYPE unlock […]
Cryptocurrency investment products have experienced nearly $5 billion in outflows over the past four weeks, according to CoinShares data. However, late-week inflows of $258 million signal tentative signs of improving investor sentiment amid ongoing market pressures. Crypto exchange-traded products (ETPs) recorded $1.94 billion in outflows last week, a slight decrease from the prior week’s $2 […]
Stablecoin risks in the euro area remain limited, according to the European Central Bank, primarily due to low retail adoption under 1% and dominance in crypto trading, with ongoing monitoring and MiCA regulations mitigating potential threats. Low adoption: Retail use of stablecoins is minimal, with only about 0.5% of volumes in small transactions under $250, […]
Vitalik Buterin highlights Ethereum’s decentralized governance as a stark contrast to FTX’s centralized failures, emphasizing trustless systems that prioritize community input over insider control. This approach has driven increased adoption of decentralized exchanges following FTX’s collapse. Vitalik Buterin contrasts Ethereum’s open governance with FTX’s centralized failures, stressing trustless systems. Post-FTX distrust has boosted decentralized exchange […]
Enlivex Therapeutics, a Nasdaq-listed biotech firm, is raising $212 million to establish the first corporate treasury centered on the Rain (RAIN) prediction market token, investing the majority in this decentralized protocol on the Arbitrum network for long-term growth in blockchain prediction markets. Enlivex plans to purchase Rain tokens within 30 days of closing its private […]
Hedera’s HBAR token surged 12% following the Axelar integration, which connects Hedera to over 60 blockchains, enhancing cross-chain liquidity, asset transfers, and developer adoption. This move boosts Hedera’s utility in a multi-chain ecosystem, driving investor confidence and market momentum. Axelar integration expands Hedera’s reach to 60+ blockchains, enabling seamless interoperability. HBAR price jumped 12% in […]