Sunday, June 26, 2022

Market Wrap: Bitcoin Jumps to $14.2K; Ethereum Gas Usage Grows 113% YTD

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Bitcoin is making gains during the U.S. presidential election uncertainty while Ethereum’s gas data is highlighting a DeFi decline.Bitcoin (BTC) trading around $14,061 as of 21:00 UTC (4 p.m. ET)....

$14.1K: Bitcoin Breaks New 2020 High With US Election Still Undecided

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Bitcoin has broken fresh 2020 highs as uncertainty remains in the U.S. presidential election. Source link

First Mover: Just Another Day for Bitcoin as US Election Slides Into Discord, Division

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Bitcoin (BTC) was lower, searching for direction as uncertainty over U.S. election results hung over global markets. Prices were down about 2.2% to about $13,700, staying roughly in their range...

Bitcoin Drops as Trump Threatens to Stop Vote Counting

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Bitcoin fell after President Trump alleged "fraud” in the presidential election and pledged to stop vote counting. Source link

LIVE: CoinDesk Covers the 2020 US Election and Crypto Impact

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SS (22:04 ET):  Betting on Polymarket suggests Trump has 91% chance of winning Texas.SS (22:00 ET): In the last hour, bettors at Polymarket have President Donald Trump winning the election...

DeFi Sell-Off Continues as Index Futures Retrace to June Levels

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Index futures for decentralized finance (DeFi) continue to collapse, erasing all gains since late June, as the sector cools off following a wild summer of speculation. On derivatives exchange FTX,...

First Mover: 11 Election Talking Points on Bitcoin as TRUMP Futures Point to Loss

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Bitcoin (BTC) was lower for a third straight day around $13,500, having fallen back from a fleeting 33-month high of $14,093 over the weekend.In traditional markets, Asian and European shares rose...

Bitcoin’s Implied Volatility Rises Ahead of US Election

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The bitcoin options market looks to be predicting a pick up-in price volatility following the U.S. presidential election. Source link

The 2020 Elections Are Boosting Crypto Prediction Markets

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In just over three weeks, the trading volume on decentralized betting platform Polymarket went from zero to almost $3 million. As of Monday, Polymarket’s “Will Trump win the 2020 U.S. presidential...

Opium Raises $3.3M to Make Exotic Crypto Derivatives Available to All

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Crypto derivatives exchange Opium has closed a $3.25 million funding round involving investors such as QCP Soteria, Kenetic Capital and Sam Bankman-Fried’s Alameda Research. The Amsterdam-based startup allows for users to...

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