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Robinhood is making a bold entry into the fast-growing prediction markets sector with the launch of a dedicated hub within its app, allowing users to trade on major global event outcomes. Announced on Tuesday, this move aligns with the increasing popularity of platforms like Polymarket, which have seen record-breaking engagement, particularly in the lead-up to…
The Mubarak meme coin has shaken up the crypto market, surging to a staggering $200 million market cap within just two days. A trader who invested a mere $232 in the token managed to turn it into a remarkable $1.1 million profit, highlighting the potential and risks of meme coins. The explosive rally gained momentum…
PancakeSwap’s native token, CAKE, experienced a remarkable 23% surge on March 18, reaching an intraday high of $2.63. This rally extended its weekly gains to nearly 70%, fueled by a surge in trading volume, which tripled to $1.12 billion. The market capitalization of CAKE also neared $760 million, reflecting growing investor confidence. Open interest in…
The cryptocurrency market is abuzz with speculation following the emergence of an unprecedented $520 million short position against Bitcoin (BTC). According to Cointelegraph, an unidentified whale placed this record-breaking bet using 40x leverage, making it one of the most daring trades in Bitcoin’s history. ⚡️ LATEST: A Hyperliquid whale placed the largest $BTC short ever,…
Ether (ETH) continues to face resistance at the critical $2,000 level, with its price oscillating within a tight $130 range over the past week. As of now, ETH is trading between $1,810 and $1,960, with bearish pressures keeping it below the psychological resistance level. Spot Ethereum ETF Outflows Weigh on Price A key factor in…
Michael Saylor’s company, Strategy, formerly known as MicroStrategy, has expanded its Bitcoin (BTC) holdings once again. According to a recent filing with the U.S. Securities and Exchange Commission (SEC), the firm acquired an additional 130 BTC between March 10 and March 16 at an average price of $82,981 per BTC, totaling $10.7 million. This purchase…
Polkadot (DOT) has emerged from a prolonged downtrend, showing signs of a potential bullish recovery. The recent breakout from a descending wedge on the 4-hour chart suggests a possible trend reversal, with Fibonacci levels and Elliott Wave analysis providing insight into the next price movements. DOT Price Analysis: A Key Breakout DOT has been in…
After dipping below $6 last Monday, MANTRA (OM) has staged a recovery, reaching $6.84 and edging closer to the $7 mark. However, the bullish momentum appears to be weakening, raising concerns about a potential price pullback. OM’s Bullish Setup Faces Resistance OM’s price decline from its February 23 high of $8.99 formed a falling wedge…
Pi Network’s price has taken a sharp hit, dropping nearly 7% to around $1.35 as a broader crypto market selloff unfolds. The decline comes at a critical moment, with a massive token unlock set for March, sparking concerns over further losses. Investors are also on edge as Binance remains silent on a potential Pi Coin…
Solana, the high-performance layer-one blockchain, has officially marked five years since its mainnet launch on March 16, 2020. The network has rapidly evolved into a major player in the blockchain space, boasting over 1,300 validators, nearly $1 trillion in trading volume, and more than 408 billion total transactions. Happy 5th birthday Solana fam! 🥳 408+…