The company has approached traders, including sports bettors, about joining the effort as it expands in the US and rival Kalshi faces scrutiny over similar practices.
Predictions News
Bitcoin (BTC) price prediction is a precarious affair despite the host of analysts and investors hoping to make a profit. Bitcoin’s value is determined second-by-second, day-by-day by a market that never sleeps. As a cryptocurrency’s value is determined by an open market, this presents unique challenges around volatility that most currencies do not face. While cryptocurrency price prediction is an ever-moving target, market literacy is essential for someone to get the most value out of their participation in the crypto economy.
Without getting into the weeds of technical analysis, what most traders and market analysts are hoping to discern is the overall sentiment of the market, which falls into two basic categories:
- A bull market occurs when the price action appears to steadily increase. This is also known as a “pump,” as the influx of buyers increases the prices.
- A bear market occurs when the price action appears to steadily decrease. This is also known as a “dump,” as the mass sell-off results in the price going lower.
Price prediction and asset speculation is a high-risk venture, so stay tuned to Cointelegraph’s daily market analysis to better navigate the ebbs and flows of crypto.
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Cantor Fitzgerald slashed its Strategy price target, but remains bullish on the stock despite fears over potential exclusion by the MSCI Index and forced liquidation concerns, the FT said.
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The YZi Labs-backed “Opinion” prediction market logged $1.5 billion in weekly volume just weeks after launch, outpacing Kalshi and Polymarket as prediction markets boom.
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Bitcoin traders are facing the most pressure of this cycle in terms of unrealized losses, but analysts argue that ETFs only accounted for a maximum of 3% the recent selling pressure.
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Kalshi has doubled its valuation after its latest Series E funding round, which come as the prediction market posted record trading volumes last month.
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Trust Wallet is the latest crypto wallet to tap into prediction markets, starting with Myriad, highlighting an increasing trend of bundled trading tools.
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A similar setup in 2023 preceded a 340% Bitcoin rally, reinforcing the argument that BTC is undervalued at current prices.
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Grayscale said Bitcoin’s 2025 sell-off looks like a local bottom, not a new cycle peak, with Fed policy and US crypto bills key for 2026.
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The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain.
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Cleanspark, Riot, Cipher and Circle rose as the odds of a US rate cut in December reached the highest level of the month on the prediction market.
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Bitcoin recovered after four consecutive weeks in the red, surpassing the key $89,600 flow-weighted cost basis of Bitcoin ETF holders, the most significant cohort driving BTC inflows.
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ARK Invest expects another $300 billion in liquidity to return after the government shutdown, a development that may alleviate the “liquidity squeeze” affecting crypto and AI valuations.
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The deal for FTX-linked MIAXdx puts Robinhood and Susquehanna in direct competition with Kalshi and Polymarket as interest in prediction markets heats up.
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Bitcoin losses remained near 20% for November, risking its worst 11th month since the 2018 bear market, but AI predicted a bottom coming this week.
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Since Robinhood launched its prediction markets in March, nine billion contracts have been traded by more than one million users, according to the platform.
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