Polymarket’s accurate forecast of Trump win highlights gaps in mainstream media, pollsters
Polymarket’s accurate forecast of Trump win highlights gaps in mainstream media, pollstersPolymarket's swift Trump prediction showcases the dynamic efficiency of decentralized markets over established media.
Happy Thursday!In today's CryptoSlate daily newsletter, we highlight key developments in the crypto world. Polymarket's accurate prediction of Donald Trump's victory reveals gaps in traditional media and polling, showcasing the strength of decentralized markets. Bitcoin is poised for further upside, with profit volumes significantly outpacing losses, according to Glassnode. Following Trump's win, BlackRock's IBIT spot Bitcoin ETF achieved an impressive $1 billion in trading volume within just 20 minutes. Meanwhile, JPMorgan is set to enhance transactions with instant euro-dollar conversions on its blockchain using JPM Coin, which already processes $2 billion daily. Stay tuned for more insights! The global crypto market cap is $2.54 trillion, with a 24-hour volume of $141.58 billion. The price of Bitcoin is $75,725.44, and BTC market dominance is 59.0%. The price of Ethereum is $2,830.62, and ETH market dominance is 13.4%. The best-performing sector is Staking, which gained 11%. The Crypto Fear & Greed Index is currently Greed (77). Polymarket’s accurate forecast of Trump win highlights gaps in mainstream media, pollsters
Polymarket's swift Trump prediction showcases the dynamic efficiency of decentralized markets over established media. 📰 Top News
Increased demand and heightened volatility signal further upside for Bitcoin – GlassnodeProfit volumes in Bitcoin addresses are 47 higher than losses, while options show record in open interest levels. Spot Bitcoin ETFs on track for record-breaking day following Trump winBlackRock's IBIT spot Bitcoin ETF hit $1 billion in trading volume within 20 minutes of trading on the day after Trump won the elections. JPMorgan to launch instant euro-dollar conversions on its blockchainThe settlement operations will use the bank's token JPM Coin, which already helps to process $2 billion in daily transactions.
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US Bitcoin Reserve asset, Freeing Ross Ulbricht, Firing Gary Gensler… Time for Trump to deliver
Wednesday, November 6, 2024
Trump's crypto-friendly agenda promises a seismic shift in US digital assets strategy, driving Bitcoin to record highs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
US markets, Bitcoin poised for rally regardless of elections outcome
Tuesday, November 5, 2024
Fundstrat's Tom Lee sees year-end rally as election uncertainty fades, while Bernstein predicts Bitcoin's resilience and potential growth to $200000 by 2025 amid fiscal challenges. ͏ ͏ ͏ ͏ ͏ ͏
Crypto market saw $230 million in liquidations as Bitcoin fell below $70k
Monday, November 4, 2024
Binance's $104 million leads exchange liquidations as Bitcoin dips. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket odds suggest US elections will be decided by Pennsylvania
Saturday, November 2, 2024
Polymarket bettors now believe that Harris will win two of the six swing states, which would make Pennsylvania the deciding factor in who wins the elections. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin falls below $70k causing $289 million in total market liquidations
Friday, November 1, 2024
Long positions bear the brunt with $259.21 million liquidated amid Bitcoin's drop. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Bitcoin sees brief rebound to $99,000 on Christmas day
Wednesday, December 25, 2024
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Opinion: Market Panic After FOMC Shows Some Overreaction
Wednesday, December 25, 2024
Last night, the market experienced a significant pullback, primarily due to investor concerns over the Federal Reserve possibly shifting towards a more “hawkish” policy stance. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump’s pro-crypto pledge could see day-one executive orders, industry players hope
Tuesday, December 24, 2024
A Bitcoin strategic reserve, access to banking services, and the creation of a crypto council are among the items on the industry's 'wishlist.' ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
State of the Network’s 2024 Year in Review
Tuesday, December 24, 2024
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OKExChain: Will the Federal Reserve and Jerome Powell Prevent the U.S. from Creating a National Bitcoin Reserve?
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Crypto community cheers as Trump names pro-crypto advisors Stephen Miran and Bo Hines for economic and digital ass…
Monday, December 23, 2024
Trump fosters economic expansion and digital innovation with Miran and Hines at the helm of economic and crypto councils. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
📈 BTC-to-Gold ratio hit a historical peak on 17 Dec; Crypto.com renewed its partnership with Formula 1 until 2030
Monday, December 23, 2024
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Bitcoin Hits A New ATH Once Again After Touching $108K
Monday, December 23, 2024
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