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On-chain prediction markets are becoming an important force in information discovery and risk hedging, where their probability shifts can serve as a gauge of news authenticity, providing practical utility.
This weekend could be pivotal for altcoins as MANTRA tests support, Memecore eyes new highs, and Polygon approaches a critical breakout zone.
MemeCore price is up 276% in seven days, hitting fresh highs almost daily. OBV and MFI confirm strong demand, with $2.49 as the next target.
The Best-Haired Man on Wall Street Analyzes the $8 Billion ETH Bet Logic.
The vast majority of cryptocurrency concept stocks are traded on Nasdaq. The exchange hopes that companies will slow down before transforming into cryptocurrency stocks to ensure that investors fully understand the associated risks.
On-chain data shows that WLFI has officially blacklisted one of Justin Sun's wallet addresses, directly locking over $100 millions worth of unlocked WLFI tokens in that address, as well as billions of tokens that are still in a locked state.
- 20:13dYdX launches spot trading on Solana and opens access to US usersForesight News reported, according to CoinDesk, that the dYdX team is launching its first spot trading product on Solana, which will also be available to U.S. traders for the first time. Previously, the exchange was almost exclusively known for its derivatives market. To attract new users, especially those from the United States, dYdX announced that trading fees will be waived in December.
- 20:12Crypto journalist: US officials will continue key negotiations today on the "Crypto Market Structure Bill"Foresight News reported that, according to crypto journalist Eleanor Terrett, U.S. senators will continue discussions on the "Cryptocurrency Market Structure Bill" today. This afternoon, representatives from several leading industry companies will head to the White House to attend another meeting on market structure. Afterwards, the CEOs of Bank of America, Citibank, and Wells Fargo will meet with senators to discuss the issue of restricting stablecoin issuers' affiliated companies from paying interest, as well as other outstanding issues.
- 20:12Machi Big Brother's 25x long position on ETH was partially liquidatedForesight News reported, according to Onchain Lens monitoring, as the market declined, Machi Big Brother (@machibigbrother) had part of his 25x long position on ETH liquidated, and closed part of his position at a loss 11 hours ago. The remaining positions currently have an unrealized loss of about $480,000. Overall, Machi has now lost more than $21.6 million.