news

PolyMarket September trading volume $5.33 billion... the largest ever

Decentralized prediction market platform Polymarket saw $5.33 billion in trading volume in September, its largest month on record, according to Cryptoslate, amid anticipation of the November U.S. presidential election and geopolitical tensions in the Middle East. The platform's September trading volume increased by $61.15 million month-over-month. During the same period, 84% of Polymarket's bets were on elections, with other geopolitical and financial predictions including “whether the Israeli army will enter Lebanon” and “what the US Federal Reserve will do to the US interest rate.

Bitcoin breaks $6.4K on massive short bet liquidation

On October 14, 2024, Bitcoin (BTC) surged 2.5% to surpass the $64,000 mark due to massive liquidations in the Bitcoin futures market. According to data from on-chain analytics platform Glassnode, the Bitcoin surge on the afternoon of October 14 resulted in the liquidation of approximately $2.5 billion

blockchain crypto cryptocurrency Vitalik swaps meme coins for 651.6ETH (SpotedCrypto)

Ethereum's Vitalik swaps MOODENG, 8 other meme coins for 651.6 ETH over the weekend

According to cryptocurrency on-chain data analytics platform Spot On Chain, Ethereum (ETH) creator Vitalik Buterin swapped eight memecoins, including MOODENG, MSTR, and EBULL, for 651.6 ETH (approximately $1.62 million) over the weekend. The main swaps were as follows 10 billion MOODENG ($982K) → 395.95 ETH 200,000 MSTR

blockchain crypto cryptocurrency us 2024 election and btc price (Spoted Crypto)

BTC to go to $100,000 regardless of US election outcome, Trump significantly outperforms Harris on polymarkets

Dan Tapiero, founder of 10T Holdings, an investment fund specializing in the digital asset ecosystem, predicted at the Permissionless conference that “the outcome of the US presidential election in November is irrelevant to the cryptocurrency bull run,” according to Cointelegraph. “The outcome of the election doesn't really matter.

Read next