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Category: Technology

Mudslinging Sullies Prediction Markets Just as Sector’s Prospects Brighten

Kalshi paid social media influencers to spread a narrative that rival Polymarket’s founder, Shayne Coplan, engaged in illegal activity, an article in Pirate Wires revealed. Someone apparently decided to launch a retaliatory smear campaign against Kalshi. (Polymarket denies any involvement.) All of this is happening just as things were starting to look bright on the […]

Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another ‘Long Island Iced Tea’ Fad?

Following MicroStrategy’s successful bitcoin buying strategy, many companies, some microcaps and unrelated to crypto, started announcing similar steps. The strategy has led to significant short-term share price rallies for some of these companies, but according to market observers, the long-term success remains uncertain. While optimists see this as a step toward more mainstream bitcoin adoption, […]

Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall

ETH advanced 4% during the day, outperforming BTC’s 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index. The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted. Bitcoin is likely to move sideways until year-end, said Paul […]

Bitcoin Slides Near $94K, But Short-Term Bullish Target of $100K BTC Unchanged

A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours. However, bitcoin tends to bounce back when short-term holders sell at a loss. And some say this creates a buying opportunity for traders at current levels. It’s a ride that some expect to […]

Three Reasons Why Bitcoin Risks Falling Below $90K: Godbole

BTC traders purchase protective put options in response to Monday’s 5% decline. The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market. The daily chart reveals a bearish RSI divergence, signaling potential weakness in price momentum.