Polymarket Identifies Major Pro-Trump Trader in US Election Betting
Polymarket, a popular prediction platform, has revealed that former President Donald Trump is currently favored to win all six US swing states in the upcoming 2024 election, according to their latest odds. The odds have been heavily skewed in Trump’s favor since October, leading to concerns about potential market manipulation,
Japan Slow to Approve Crypto ETFs Amid Strict Taxes and Regulations
Japan’s regulators remain hesitant to approve cryptocurrency-based exchange-traded funds (ETFs), despite the increasing global acceptance of these financial products. While markets in the United States and Hong Kong have moved forward with spot Bitcoin and Ether ETFs, Japan’s stringent tax policies and regulatory caution continue to create barriers to wider
Bitcoin Price Faces Potential Correction After Failing to Breach $70,000
Bitcoin’s recent rally has been cut short, with its price dropping over 3.7% in the last three days, following a 12-week high of $69,487 on 21st October. Several key indicators suggest that a deeper correction may be on the horizon as the market shows signs of overheating. High Percentage of
Pump.fun Teases New Token and Lucrative Solana Airdrop Amid Record-Breaking Week
Pump.fun, a meme coin launchpad on the Solana network, has teased exciting new developments after celebrating its most successful week to date. The platform, which has launched over 2.5 million Solana tokens since its January debut, hinted at a token launch and a potentially lucrative airdrop during a Twitter Spaces
FCA Defends Tough Stance on Crypto Regulations
The UK’s Financial Conduct Authority (FCA) has defended its rigorous approach to regulating the crypto industry, countering claims that its stringent standards are stifling innovation. In an October 21 statement, Val Smith, head of payments and digital assets at the FCA, outlined the agency’s reasoning behind its tough stance, insisting
US Election Optimism Drives $2.2 Billion Inflows into Crypto Products
Cryptocurrency investment products have experienced a significant boost, recording their largest inflows since July, amounting to $2.2 billion last week. This surge is largely attributed to growing optimism surrounding a potential Republican victory in the upcoming US elections, as outlined in CoinShares’ latest Digital Asset Fund Flows Weekly Report released
Crypto Market Update: $2.2 Billion Inflows Amid Regulatory Concerns
Today’s crypto news highlights significant developments affecting Bitcoin and the broader digital asset market. Notably, United States-based cryptocurrency investment products have experienced their largest inflows since July, reaching a total of $2.2 billion last week. This comes alongside concerns regarding a Federal Reserve proposal that could impact Bitcoin’s future. US
Rebase’s $IRL Token Surges 338% Following Unity Engine Integration
Rebase’s native token, $IRL, has soared by an astonishing 338% in just 24 hours, following the platform’s integration with the Unity Engine. This sudden price surge reflects growing investor confidence in the enhanced gaming and user experience that Rebase aims to deliver with Unity’s advanced technology. Unity Integration Fuels Growth
Dogwifhat Price Surges 76% in 30 Days: What’s Driving the Rally?
Dogwifhat (WIF), the largest memecoin on Solana by market capitalization, has experienced an impressive rally over the past month. Since hitting a low of $1.40 on 6 September, WIF has surged by 112%, reaching a four-month high of $2.97 on 16 October. Currently, WIF is trading at $2.63, up 76%
Keep an eye on these Meme coins on the Sui Blockchain
SUI has been on an impressive rally, surging by 350% over the past two months. This bullish momentum is fueled by a significant spike in the Total Value Locked (TVL) across its network, driven largely by the explosive growth of SUI-based memecoins . As SUI continues to ride this wave,
