Markets

Markets

American Cardinal Prevost Elected Pope in Major Betting Markets Upset

American Cardinal Prevost Elected Pope in Major Betting Markets Upset

In brief American Cardinal Robert Prevost was elected pope Thursday, becoming the first U.S.-born pontiff in history. Prevost’s surprise victory upended global betting markets, where he had less than a 2% chance across major platforms. Over $40 million was wagered on the papal outcome, with some long-shot bettors netting five-figure profits. In a stunning turn

American Cardinal Prevost Elected Pope in Major Betting Markets Upset Read More »

Dogecoin Leads Meme Coin Surge as Pepe, Fartcoin and Trump Solana Token Jump

Dogecoin Leads Meme Coin Surge as Pepe, Fartcoin and Trump Solana Token Jump

In brief Meme coins are surging Thursday as Bitcoin reclaimed a price above $100,000. Dogecoin has outpaced BTC’s daily gains. Pepe and Fartcoin have made two of the largest daily moves for top 100 crypto tokens, each jumping more than 20%. The hippo-inspired Solana meme coin Moo Deng is up 125% on the day. Dogecoin

Dogecoin Leads Meme Coin Surge as Pepe, Fartcoin and Trump Solana Token Jump Read More »

Will Polygon price hit  in 2025? Data shows wide volatility range

Will Polygon price hit $1 in 2025? Data shows wide volatility range

POL supports zkEVM and app-specific blockchains. The current price is near $0.23, down from $1.29 in March 2024. 2025 forecast ranges between $0.11795 and $0.47181. Polygon (MATIC) is undergoing a major transformation with the introduction of its upgraded token, POL, as part of the wider Polygon 2.0 roadmap. This move marks a shift to a

Will Polygon price hit $1 in 2025? Data shows wide volatility range Read More »

Bitcoin reclaims 0K, StanChart analyst sees 0K price target ‘too low’

Bitcoin reclaims $100K, StanChart analyst sees $120K price target ‘too low’

Key Takeaways Standard Chartered forecasts a Bitcoin price of $200,000 by year-end, up from an initial $120,000 target. Bitcoin surpassed $100,000 on Thursday, its highest level since February. Share this article Bitcoin broke through the $100,000 mark early on Thursday, its highest level since February, and now sits just 8% below its all-time high, according

Bitcoin reclaims $100K, StanChart analyst sees $120K price target ‘too low’ Read More »

Memecoin rally gains momentum: MOG jumps 40% as Bitcoin approaches 0,000

Memecoin rally gains momentum: MOG jumps 40% as Bitcoin approaches $100,000

Pudgy Penguins hints at recovery with a parabolic curve. Brett rallies toward a $1 billion market cap. Trump token stabilises, eyes $16.50 resistance. The memecoin market is witnessing a sharp upward shift in momentum, tracking broader gains in Bitcoin as its price edges close to the $100,000 mark. The sector has recorded a collective rise

Memecoin rally gains momentum: MOG jumps 40% as Bitcoin approaches $100,000 Read More »

Coinbase set to acquire crypto derivatives giant Deribit in .9B deal

Coinbase set to acquire crypto derivatives giant Deribit in $2.9B deal

Deribit currently operates under a full license from Dubai’s Virtual Assets Regulatory Authority (VARA) This regulatory license enables the platform to legally offer crypto derivatives trading to institutional and qualified investors. Transferring the license to Coinbase would require regulatory approval, potentially delaying the finalization of the deal. Coinbase is acquiring Deribit—a leading crypto options and

Coinbase set to acquire crypto derivatives giant Deribit in $2.9B deal Read More »

Coinbase Inks .9 Billion Deal to Buy Crypto Options Exchange Deribit

Coinbase Inks $2.9 Billion Deal to Buy Crypto Options Exchange Deribit

Coinbase, America’s largest crypto exchange, on Thursday announced that it has agreed to buy digital assets options exchange Deribit. The San Francisco, California-based company said in a company blog post Thursday that the transaction was valued at $2.9 billion. The total price paid will consist of  $700 million in cash and 11 million shares of

Coinbase Inks $2.9 Billion Deal to Buy Crypto Options Exchange Deribit Read More »

Ethereum (ETH) sees major uptick as Pectra upgrade goes live

Ethereum (ETH) sees major uptick as Pectra upgrade goes live

The Ethereum stake limit has been raised to 2,048 ETH per validator as the Pectra upgrade goes live. ETH price has jumped 7.3% to $1,966. Historical May strength and undervaluation signal potential rebound. Ethereum (ETH) has rallied sharply in the hours following the launch of its Pectra upgrade, marking the cryptocurrency’s strongest single-day gain in

Ethereum (ETH) sees major uptick as Pectra upgrade goes live Read More »

Altcoins signal bullish breakout as Bitcoin nears 0K milestone

Altcoins signal bullish breakout as Bitcoin nears $100K milestone

ETH targets $3,200 after breaking trendlines. SOL eyes $230 range with bullish setup. DOGE rises past $0.18 as retail interest grows. A major shift is unfolding in the cryptocurrency market as Bitcoin edges closer to the $100,000 psychological mark, prompting renewed attention towards altcoins. With Bitcoin dominance starting to decline, market participants are observing a

Altcoins signal bullish breakout as Bitcoin nears $100K milestone Read More »