Prediction market Polymarket is in early talks with investors to raise funds at a valuation of $12 billion to $15 billion, potentially marking a 10-fold surge from four months ago, Bloomberg reported on Thursday, citing people familiar with the matter. This follows a $200 million round in June, led by Peter Thiel’s Founders Fund, which … Read more
Prediction market Polymarket is in early talks with investors to raise funds at a valuation of $12 billion to $15 billion, potentially marking a 10-fold surge from four months ago, Bloomberg reported on Thursday, citing people familiar with the matter. This follows a $200 million round in June, led by Peter Thiel’s Founders Fund, which … Read more
Prediction market Polymarket is in early talks with investors to raise new funding at a valuation between $12 billion and $15 billion, potentially marking a tenfold surge from just four months ago, Bloomberg reported Thursday, citing people familiar with the matter. The rise follows a $200 million round in June, led by Peter Thiel’s Founders … Read more
Decentralized exchange Bunni has announced it is shutting down following an $8.4 million exploit in September, and is now the second crypto project team to throw in the towel this week. In a Thursday X post, the team stated that it will be winding down operations due to a lack of funds. “The recent exploit … Read more
Bitcoin is at risk of breaking a crucial support price level as US-based spot Bitcoin ETFs have continued to bleed red after the recent crypto market crash, according to analysts from Bitfinex. “The lack of institutional accumulation has made the $107,000 to $108,000 zone increasingly difficult to defend as support,” Bitfinex analysts said in a … Read more
Crypto market analysts are eyeing one more Bitcoin flush near $104,000 before the crypto bull market will have a chance to restart, based on historical patterns. Bitcoin’s long-term support technical indicator is the 50-week simple moving average, and that currently stands at around $102,500 according to TradingView. It has served as solid support four times … Read more
Hyperliquid Strategies is doubling down on its Hyperliquid treasury plan, filing papers to raise up to $1 billion to purchase more tokens powering the world’s largest decentralized derivatives platform. According to its S-1 registration statement with the US Securities and Exchange Commission on Wednesday, Hyperliquid Strategies unveiled its plan to offer up to 160 million shares … Read more
Solana-based decentralized exchange aggregator Jupiter plans to roll out its new native predictions market offering that it’s building with Kalshi before the end of the year. Jupiter on Wednesday announced it had just launched the beta version of its Jupiter Prediction Market. Kalshi will provide liquidity for Jupiter’s new offering, which allows users to bet … Read more
One of the more conservative trillion-dollar asset managers, T. Rowe Price, has surprised analysts after filing to list an actively managed crypto exchange-traded fund in the US. T. Rowe’s S-1 registration statement to launch an Active Crypto ETF could shake up its largely mutual fund-focused offerings — an asset class that has bled tens of … Read more
One of the more conservative trillion-dollar asset managers, T. Rowe Price, has surprised analysts after filing to list an actively managed crypto exchange-traded fund in the US. T. Rowe’s S-1 registration statement to launch an Active Crypto ETF could shake up its largely mutual fund-focused offerings — an asset class that has bled tens of … Read more