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Financial News

Jupiter brings Polymarket to Solana and lands $35 million investment deal

Jupiter brings Polymarket to Solana and lands $35 million investment deal

4 weeks ago by Crypto InsightsCrypto

Solana-based decentralized excange Jupiter said it will bring Polymarket to the network for the first time, rolling out an integration that it pitched as a push to make Jupiter a fuller on-chain predictions hub. “For the first time, Polymarket is coming to Solana. On Jupiter,”… Read More

Bitcoin’s ‘hopium’ for bulls is over and this weekend’s slide may be just the beginning

Bitcoin’s ‘hopium’ for bulls is over and this weekend’s slide may be just the beginning

4 weeks ago by Crypto InsightsCrypto

Bitcoin’s price sank sharply over the weekend, sliding below $78,000 — its lowest level since April — as profit-taking collided with thinning liquidity and a scarcity of fresh buyers. Traders told CoinDesk that a rally once backed by corporate demand, particularly from Strategy’s (MSTR) bitcoin… Read More

Bitcoin isn’t competing with gold, but rather prediction markets and ultra-short options

Bitcoin isn’t competing with gold, but rather prediction markets and ultra-short options

4 weeks ago by Crypto InsightsCrypto

Bitcoin BTC$77,317.26 is suffering from an identity crisis that has nothing to do with fundamentals and everything to do with shrinking attention spans. While gold rallied more than 12% and the S&P 500 ticked higher in the past 30 days, bitcoin slid more than 10%… Read More

One trader just lost $220 million as ETH plunged 10%

One trader just lost $220 million as ETH plunged 10%

4 weeks ago by Crypto InsightsCrypto

One trader lost more than $220 million on an ether position as a fresh wave of forced liquidations swept through crypto markets, pushing total losses over the past 24 hours to nearly $2.6 billion. The largest single liquidation occurred on decentralized derivatives exchange Hyperliquid, where… Read More

Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won’t reach for the panic button

Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won’t reach for the panic button

4 weeks ago by Crypto InsightsCrypto

Bitcoin’s dip to around $75,500 briefly pushed the price just below Strategy’s (MSTR) average purchase cost of roughly $76,037 per coin. That may sound alarming at first glance, and it technically puts Michael Saylor’s firm underwater on its bitcoin holdings, but it doesn’t fundamentally change… Read More

‘Whales’ are buying the dip while everyone else runs for the exits

‘Whales’ are buying the dip while everyone else runs for the exits

4 weeks ago by Crypto InsightsCrypto

Very large investors, or whales, holding 10,000 bitcoin or more are currently the only ones that are buying the largest cryptocurrency as prices plummet. All other holder groups are hitting the sell button, according to onchain data. This divergence is highlighted by Glassnode’s Accumulation Trend… Read More

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