A newly registered trader on Polymarket, one of the most widely used online cryptocurrency prediction market websites, has managed to turn a nearly $330,000 profit in a single day. Going by the name of NBA101, the trader has made 48 predictions since they joined earlier this month, most of them sports-related. The latest was an
Bitcoin has regained strong upward momentum in early 2026 after breaking above the $97,000 level, as markets welcomed the news that the US Supreme Court did not issue a ruling today on President Trump’s tariff case. The absence of an immediate decision removed a key source of political risk, allowing risk assets to rally and
Network News BUTERIN SAYS STABLECOINS HAVE DEEP FLAWS: Ethereum co-founder Vitalik Buterin said the crypto industry has yet to solve some of the most basic design problems behind truly decentralized stablecoins, arguing that many existing systems rely on fragile assumptions that could break down over time. In a post published on X, Buterin laid out
We have seen this fight over stablecoin yields before, and history instructs us that we should not shortchange innovation in favor of protecting incumbent interests. Right now, the banking lobby is pushing hard to upend the bargain Congress struck in the GENIUS Act last year. In that landmark bill, Congress prohibited stablecoin issuers — those
Bitcoin BTC$97,231.90 pushed higher during the U.S. morning, rising as high as $97,000 at one point and lifting bitcoin related equities alongside. Strategy (MSTR), the largest bitcoin treasury company, rose more than 8% and KindlyMD (NAKA) advanced 10% Metaplanet, the largest Asian bitcoin company, gained 15% in Tokyo trading. Strive (ASST) added 7% after Semler
Bitcoin, the leader of the cryptocurrency market, reached its highest level in nearly eight weeks with its latest surge. According to Polymarket data, the probability of Bitcoin surpassing the $100,000 level in January is priced at 63%. A chart showing the increase in BTC price. According to the data, Bitcoin is trading around $96,800, having
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3019.22, up 0.9% (+25.63) since 4 p.m. ET on Tuesday. Fourteen of 20 assets are trading higher. Leaders: ICP (+13.0%) and HBAR (+3.0%). Laggards: BCH (-2.5%) and POL (-1.5%).
Bitwise finds gold cushions 60/40 portfolios in drawdowns while Bitcoin drives outsized recovery gains, with a combined 15% allocation lifting Sharpe to 0.679 versus 0.23. Summary Gold posted gains or shallow losses during major drawdowns, rising about 6% in 2018 and 2025 pullbacks as equities and Bitcoin sold off sharply. Bitcoin rallied roughly 79% after