Tag: Market

Here The Post-Crisis Market Structure

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Aave entered April 2026 as DeFi’s most trusted lending protocol. It is ending the month navigating the most damaging crisis in its history — one that did not require a single line of its own code to be broken. Related Reading The attack began at Kelp DAO, where an attacker exploited a vulnerability in the rsETH bridge to drain approximately $292 million in stolen tokens. What followed was not an isolated protocol incident. The attacker deposited the stolen rsETH as collateral on Aave V3 and borrowed against it. Using fraudulent…

ETH Stuck Below $2.4K Despite Wider Crypto Market Recovery

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Key takeaways: A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth. Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses.  Ether (ETH) has failed to sustain levels above $2,400 for the past three months, consistently lagging behind most of its peers. Ether’s down 21% in 2026, and investors have expressed uncertainty about the altcoin’s inability to mirror the broader market recovery. Total crypto market capitalization vs. ETH, USD. Source: TradingView The total cryptocurrency…

US Senator Gillibrand says crypto market structure vote could happen by August

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US Senator Kirsten Gillibrand said lawmakers working towards passage of a digital asset market structure bill likely need to meet three conditions before the chamber could vote on the legislation. Speaking at the Consensus conference in Miami on Wednesday, Gillibrand said she considered addressing consumer protection, illicit finance, and ethics provisions essential before any potential vote on the CLARITY Act. She said that if Congress were to consider those issues, as well as combine the draft of the market structure bill with the version already passed in the Senate Agriculture…

Bitcoin market dominance moves above 61%: Will altcoins follow?

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Bitcoin’s market dominance climbed above 61% as BTC led crypto market flows. Data also showed Binance-listed altcoins’ share of volume hitting 49% in March. Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the wider crypto market. In the last two months, altcoin volumes on Binance also increased by 49%, while 12.6% of altcoins on Binance reclaimed their 200-day simple moving average (SMA).  Bitcoin dominance,…

Saylor says Strategy may Sell Bitcoin to Inoculate Market

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Strategy executive chairman Michael Saylor said his firm could sell Bitcoin to “inoculate” the market against sudden panic or to reinforce confidence in the company, in contrast to its long-standing “never sell” Bitcoin strategy. “We’ll probably sell some Bitcoin to fund a dividend, just to inoculate the market, just to send the message that we did it,” Saylor said during the Strategy’s first-quarter earnings call on Tuesday. Market participants will realize that “the company’s fine, the Bitcoin’s fine, the industry’s fine, the world didn’t come to an end,” Saylor said…

Bitcoin Market Rocked By $1.6 Billion Wave Of Aggressive Selling

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If Bitcoin closes above $80,000 on a daily candle, a short squeeze could send prices racing toward $82,230 — a level that hasn’t been tested in seven months. Related Reading That’s the scenario analysts are watching after a massive wave of selling halted Bitcoin’s climb at a key resistance zone over the weekend. Short Sellers Dominate The Derivatives Market Data from Binance futures shows nearly 63% of open positions are currently short, meaning a large share of traders are betting on lower prices. According to analyst Frigg, that setup cuts…

Ripple CEO Says Market Structure Bill Not a ‘Done Deal,’ Despite Stablecoin Compromise

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Brad Garlinghouse, CEO of Ripple Labs, warned Tuesday that recent progress on the digital asset market structure bill in the US Senate did not guarantee success for the legislation, speculating that the next two weeks would be crucial. Speaking at the Consensus crypto conference in Miami, Garlinghouse said that the likelihood of the market structure bill, the CLARITY Act, passing would “drop precipitously” if not addressed in the next two weeks. According to the Ripple CEO, the bill would be “too much of a loaded issue” amid campaigns for the…

Prophet launches AI-powered prediction market with live $10,000 trading tranche

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Cape Town, South Africa, May 5, 2026 — Prophet, an AI-native prediction market platform, has launched its first live trading tranche, introducing a system where an AI model acts as the counterparty to user trades using real capital. The initial deployment allocates $10,000 in USDC to an AI-powered trading system and opens participation to users on the platform. Instead of matching buyers and sellers, the system allows users to trade directly against the AI, which generates probability-based pricing for each market. What has launched Prophet’s “Tranche 1” is a limited-access…

Coinbase’s Brutal Cuts Signal Something Is Wrong With The Crypto Market

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Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14% — a move Armstrong described as “sudden and harsh” but necessary to position the exchange for what he called a new phase of AI-driven operations. Related Reading In a post on X shared with employees, Armstrong outlined two converging forces behind the decision: the persistent volatility of crypto market cycles and the accelerating impact of artificial intelligence on how the company operates internally. Based on Coinbase’s last disclosed full-time employee count…

Prediction Market Traders Push April 2026 Volume to $8.6B, Kalshi Takes the Lead – Bitcoin News

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Key Takeaways: Kalshi posted $5.42B in April 2026 taker volume, surpassing Polymarket’s $1.99B for the first time. Polymarket collected $29.22M in April fees despite trailing Kalshi in volume, signaling higher-value contracts. Prediction market open interest hit $1.11B on May 1, 2026, with Kalshi and Polymarket holding 98% of it. Kalshi Holds $630M in Open Interest as Sector-Wide OI Tops $1.1B at the Start of May Essentially, prediction markets are platforms where participants buy and sell contracts tied to the outcome of future events, from elections and sports to crypto prices…