Lighter (LIT) surged greater than 20% on Monday to $2.6, its highest degree since January, after the perpetuals change unveiled a tokenomics overhaul that provides everlasting burns and a revamped staking mannequin. The transfer made LIT the highest gainer among the many 100 largest cryptocurrencies. It prolonged a rally that has lifted the token roughly…
A Polymarket account referred to as “coldsway” has misplaced $11.6 million betting on the 2026 FIFA World Cup, with solely 4 of 15 positions ending in revenue. The pockets achieved these substantial losses in solely 10 days. Polymarket knowledge exhibits coldsway’s win price stood at 26.7%. The dealer earned $4.23 million on 4 successful bets…
Bitcoin (BTC) spot ETFs pulled in $221.7 million on July 2, their first constructive day in 10 classes, catching up to a wave of whale shopping for that had constructed since late June. That single inexperienced day got here after weeks of institutional promoting drained roughly $2.7 billion from the funds. On-chain consumers, in the…
Wall Street analysts are elevating S&P 500 revenue forecasts on the quickest tempo because the pandemic rebound. Several strategists now warn the estimates propping up the market’s file rally might not maintain up. Analysts count on S&P 500 firm earnings to develop 25% over the approaching 12 months, in accordance with knowledge cited by the…
Cardano added 14,783 new non-empty ADA wallets after its June 23 backside, in keeping with Santiment, and ADA has rallied exhausting since. ADA touched a multiyear low close to $0.14 in late June. It has since gained 32.5% over the previous seven days, touching $0.199 on July 5 earlier than settling close to $0.19. ADA…
Bitcoin (BTC) spiked to just about $64,000 within the early hours of July 6, reaching $63,900 on CoinGecko, extending a weekend rally that liquidated lots of of tens of millions of {dollars} in brief positions. The transfer capped a pointy reversal from the $58,293 low Bitcoin touched on July 1. A softer-than-expected jobs report reshaped…
Meme coin dominance has slipped to 3.7% of the altcoin market, its lowest degree since February 2024, in accordance to CryptoQuant. Analyst Darkfost says the variety of meme coin holders now sits at a three-year low. The studying marks a steep retreat from November 2024, when a post-election buying and selling frenzy pushed meme tokens…
Coinbase confronted sharp criticism this weekend after an AI-generated alert on its prediction markets reportedly declared a false World Cup consequence, saying Norway had overwhelmed Brazil earlier than the match was performed. The notification claimed Norway gained 3-2, with striker Erling Haaland scoring twice, and framed the fabricated consequence as breaking information. Users flagged the…
Bitcoin (BTC) choices expiring July 8 have turned call-heavy, with merchants positioning for larger costs. The expiry lands the identical day the Federal Reserve releases minutes from its June assembly. Call quantity has outpaced places throughout the contracts. Glassnode says fading demand for draw back safety may mark early optimism returning to the market. Bitcoin…
FIFA cleared United States striker Folarin Balogun to face Belgium within the World Cup Round of 16, suspending his computerized one-match ban. On Polymarket, odds that he would play jumped to about 97%. The FIFA Disciplinary Committee invoked Article 27 of its code, putting the ban on a one-year probation as a substitute of imposing…