Kalshi's weekly open interest surged to a record $810 million, largely fueled by Bitcoin-related contracts as traders bet on potential price drops. This rise reflects growing market anxiety and positions Kalshi as a key platform capturing crypto sentiment beyond traditional trading. While predictive markets like Kalshi offer insight into investor expectations and fears, they are not definitive price predictors. The platform faces ongoing regulatory challenges and competition but gains visibility as Bitcoin remains a central focus for diverse investors amid market uncertainty.
Bitcoin remained the most-searched cryptocurrency on October 15, despite falling 2.78% to $80,081 and holding the largest market cap at over $1.6 trillion. Among seven tracked cryptocurrencies, Zerebro posted the biggest 24-hour gain, rising 43.64% t...
US wholesale inflation accelerated to 6.3% in September, driven by a 20.3% surge in gasoline producer prices, marking the largest jump since 2022. Despite this inflation rise, Bitcoin prices slipped slightly but remained above $81,000. Meanwhile, pre...
Bitcoin (BTC), the largest cryptocurrency by market value, fell below the $80,000 mark to $79,869 on Binance's spot market at 9:55 a.m. ET on October 15. This drop reflects a 1.04% decrease over the preceding hour, with the price moving from $80,649 ...
Bitwise CIO Matt Hougan argues that Bitcoin benefits under nearly every macroeconomic scenario related to AI's impact. Whether AI leads to economic superabundance, a bubble burst with government bailouts, or steady growth, Bitcoin is positioned to ga...
Bitcoin's price fell 1.04% within one hour ending 9:55 a.m. ET on October 15, dropping from $80,706 to $79,869. During this period, $22.28 million in long positions were liquidated across three major exchanges: Binance, Bybit, and OKX, alongside $660...
