Polymarket is close to raising $200M at a $1B valuation Polymarket, the blockchain prediction marketplace whose users can wager on everything from U.S. presidential elections to global events, is close to closing its $200 million led by Founders Fund of Peter Thiel. “Polymarket is now a $1B unicorn. Founders Fund is all-in on crypto betting. The next cycle will be wild.” — @Blockworks_ The deal, first reported by Bloomberg, will leave Polymarket with a post-money value of $1 billion—making it crypto's newest unicorn and the highest-valued decentralized betting site ever. The new Series B will include $50 million in prior unannounced funding and is Founders Fund's biggest single bet on a DeFi business. The venture capital firm, already invested after Polymarket's Series B worth $45 million in May, is joined by a roster of heavy-hitters: General Catalyst, Airbnb co-founder Joe Gebbia, Polychain, and Ethereum's Vitalik Buterin. Polymarket's earlier rounds raised $70 million in 2024, fueling fast growth and global expansion. Volumes, Traders, and Election-Driven Expansion The rise of Polymarket has been meteoric. The platform has over 21,000 open markets, 1.2 million traders, and 20 million open positions. Daily average trading volume is $40 million, record May 2025 volume of $1.1 billion, and a peak of $2.6 billion during the 2024 U.S. election. The site is currently a destination for real-time crowd-sourced forecasts on everything from the NBA title to geopolitical flashpoints like Israel-Iran tensions and the fate of the GENIUS Act. Recent partnerships—most notably a high-profile collaboration with Elon Musk's xAI to integrate Polymarket's markets with the analysis of Grok AI—have further raised its profile and user interest. The platform's novel approach to decentralized, non-custodial betting has made it the choice of retail and institutional players alike seeking open, data-driven odds. Albeit global in scope, Polymarket's growth has not been controversy-free. The site is de facto barred to American users under a 2022 CFTC settlement, and it employs geoblocking and VPN detection in order to neutralize legal exposure. But regulators still are wary, with the CFTC putting out a warning that offshore prediction markets ”cannot escape U.S. law by technicality.” To address these matters, Polymarket has hired on the services of ex-CFTC Chairman J. Christopher Giancarlo as a consultant and is weighing further compliance measures. Legal experts disagree. Some argue that Polymarket's fee-based, neutral model distinguishes it from gambling, placing it nearer to a public prediction tool than a sportsbook. Others warn that an increasing regulatory clampdown could reduce U.S. revenue by up to 60% and potentially jeopardize its global ambitions. Token Launch, Global Expansion, and the 2025 Election With $200 million in fresh capital, Polymarket plans to scale operations, build out its tech, and expand into new markets. Rumors of a potential token release also persist, which would further fuel its valuation and network effects. The 2025 U.S. election cycle will create yet another wave of record trading, with new markets on politics, economics, and sport already attracting millions in open interest. Polymarket's $200 million raise at $1 billion valuation marks a new era in decentralized prediction markets. Backed by blue-chip investors, turbocharged user growth, and a high-profile U.S. election coming up, the site can shape how the world bets—and forecasts—the future. But with regulators watching intently, the next chapter may be its most sensational yet.
Iran might currently be hosting around 15% of bitcoin's global hashrate as potentially revealed by the hash movements amid recent events.
Coinbase Global (COIN) stock is surging, driven by rising Bitcoin prices, favorable regulatory developments, and consistent revenue growth, marking a significant milestone in the crypto market. The stock has rebounded
Veteran crypto trader Crypto Bitlord has stirred excitement across the XRP community with a bold prediction that’s quickly gaining traction. In a recent post on X, Bitlord declared, “ XRP is ready to teleport . First stop: $7,” signaling his belief that the digital asset is on the verge of a major breakout. His statement drew immediate responses, including one from fellow user Tyler, who replied, “The people have no idea what’s about to happen.” Bitlord followed up with a more striking remark: “It’s wild considering everyone has had their chance to buy. Not owning $XRP and being into crypto is equivalent to having chimpanzee DNA.” The provocative analogy reflects his strong conviction that XRP’s next move will leave doubters behind. Bullish Momentum Builds Around XRP Bitlord’s forecast comes at a time when bullish sentiment around XRP is accelerating. Over the past few weeks, a growing number of analysts have expressed similar confidence, citing compelling technical setups and long-term consolidation patterns as signs of an impending breakout. $XRP is ready to teleport. First stop: $7 — Crypto Bitlord (@crypto_bitlord7) June 24, 2025 Popular analysts like Egrag Crypto , CasiTrades , and Steph is Crypto have all pointed to structures that support a move toward the $5–$7 range. These include ascending triangles, bull flags, and historical resistance flips—patterns that often precede explosive moves during bull cycles. While Bitlord’s $7 target may sound ambitious, it aligns with these broader projections. Many see XRP’s current structure as a “coiled spring,” tightening beneath key resistance levels and building pressure for a sharp upside move. Legal Clarity Reinforces Confidence Adding to the optimism is renewed clarity around Ripple’s long-running legal battle with the U.S. Securities and Exchange Commission . Although the case is still pending a final ruling, Ripple and the SEC recently filed a joint motion proposing a reduced penalty and requesting that the court lift the ban on institutional XRP sales. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 This proposal signals progress toward a potential resolution—one that could lift lingering regulatory uncertainty. As legal clouds begin to clear, investor confidence is returning, and XRP is once again gaining attention from institutional players and retail investors alike. This shift in sentiment is precisely what fuels Bitlord’s assertion. The idea that XRP is now “ready to teleport” is grounded in the belief that its fundamentals, legal standing, and market structure are finally aligned for a strong move. Community Sentiment Reaches Fever Pitch Bitlord’s remarks have only added to the growing sense of urgency in the XRP community. His colorful comparison, implying that anyone involved in crypto but not holding XRP is evolutionarily behind, was meant to provoke. But it also reflects the sentiment of many XRP holders who feel vindicated after years of legal delays and market stagnation. Whether XRP hits $7 in the immediate term remains to be seen. But the message is clear: momentum is building, sentiment is turning, and the market may be entering a pivotal phase. For those who’ve waited patiently, Bitlord’s words echo a growing belief—XRP’s moment could finally be here. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Veteran Trader Says XRP Is Ready to Teleport, Predicts the Next Stop appeared first on Times Tabloid .
COINOTAG News, June 26 – Bloomberg reports that a former private equity leader, Blackstone Group’s trading platform operator, is collaborating with the co-founder of Tether, the prominent stablecoin, to launch
BitcoinWorld Bitcoin ETFs Unveiling Crucial Market Impact Over Treasury Holdings Are you an investor trying to decipher the true drivers behind Bitcoin’s market movements? In the ever-evolving landscape of cryptocurrency, understanding the forces that shape Bitcoin’s price and adoption is paramount. For years, we’ve watched as major corporations added Bitcoin to their balance sheets, hailing it as a new era of institutional adoption. But what if their actual market impact is less significant than you might think? Unveiling the True Drivers: Bitcoin ETFs vs. BTC Treasury Companies Recent insights from K33 Research challenge a common perception, suggesting that despite the growing trend of BTC treasury companies, their influence on the market pales in comparison to that of Bitcoin Exchange-Traded Funds (ETFs). Vetle Lunde, a prominent analyst at K33 Research, highlighted this crucial distinction, as reported by The Block, sparking an important conversation among crypto enthusiasts and investors alike. It’s a nuanced point, but one with significant implications for how we perceive institutional engagement with Bitcoin. While both represent forms of corporate or institutional exposure to Bitcoin, their operational mechanics lead to vastly different levels of direct market demand and, consequently, price correlation. Why Do Bitcoin ETFs Have More Punch? The core of Lunde’s argument lies in the fundamental difference in how these entities acquire and manage their Bitcoin holdings. Let’s break down the mechanics: Cash Creation vs. In-Kind Swaps: The vast majority of spot Bitcoin ETFs, particularly those launched in the US, operate on a cash creation model. This means that when investors buy shares of a Bitcoin ETF, the fund manager receives cash, which is then directly used to purchase Bitcoin from the open market. This process generates fresh, direct demand for Bitcoin, immediately impacting its supply-demand dynamics. Treasury Companies and In-Kind: In contrast, many BTC treasury companies, especially those that accumulate Bitcoin through strategic acquisitions or corporate actions, often utilize ‘in-kind’ share swaps. This means they might issue new shares of their own company in exchange for Bitcoin, or acquire Bitcoin directly from a counterparty without necessarily creating new, incremental demand on the open market. The Bitcoin they acquire might already be in circulation, simply changing hands from one large holder to another, rather than being bought fresh from the market. Correlation with Price Returns: This distinction is vital. Lunde points out that Bitcoin ETFs show a strong, direct correlation with Bitcoin price returns. When ETF inflows are high, it often signals significant buying pressure, which tends to push the price up. For treasury companies, while their accumulation is a bullish long-term signal, the immediate correlation between their flows and Bitcoin prices is significantly weaker due to the nature of their acquisitions. Consider this simplified comparison: Feature Bitcoin ETFs (Spot) BTC Treasury Companies Primary Acquisition Method Cash Creation (funds buy BTC directly) In-Kind Swaps, Direct OTC Purchases, Corporate Acquisitions Market Demand Generation High (new money directly into BTC) Low (often existing BTC changing hands) Correlation with BTC Price Strong & Immediate Weaker & Delayed Accessibility for Investors High (traditional brokerage accounts) Indirect (via company stock) The Dilution Effect: Why Institutional Bitcoin Adoption Isn’t Always Equal While the number of treasury initiatives continues to grow, Lunde highlights that their market influence has been diluted. This means that as more companies hold Bitcoin, the impact of any single company’s acquisition becomes less pronounced on the overall market. Imagine a large pool of water: dropping a single stone into it creates ripples. But if you drop many small stones simultaneously, the individual ripples become less distinct, and the overall disturbance is diffused. This ‘dilution effect’ is why we observe weaker correlations between treasury flows and Bitcoin prices. The market absorbs these acquisitions more smoothly without the dramatic price swings often associated with significant ETF inflows. What Does This Mean for Your Investment Strategy? Understanding this distinction is an actionable insight for any serious institutional Bitcoin investor or enthusiast: Focus on ETF Flows: If you’re tracking short-to-medium term price movements, monitoring Bitcoin ETF inflows and outflows provides a more direct indicator of immediate buying or selling pressure. Significant net inflows often precede or coincide with positive price action, reflecting fresh capital entering the ecosystem. Treasury Holdings as Long-Term Signals: While treasury holdings might not move the needle daily, they are incredibly important for the long-term narrative of Bitcoin adoption. They signify corporate conviction, balance sheet diversification, and a growing acceptance of Bitcoin as a legitimate asset class. Think of them as foundational strength rather than dynamic market drivers. Not All Institutional Adoption is Equal: This research underscores that not all forms of institutional Bitcoin adoption have the same market crypto market impact. While both are positive, their mechanisms of interaction with the open market differ significantly. The rise of Bitcoin ETFs has truly democratized access to Bitcoin for traditional investors, bridging the gap between conventional finance and the digital asset world. This ease of access, combined with the cash-creation mechanism, makes them powerful catalysts for price discovery and liquidity. Looking Ahead: The Evolving Bitcoin Landscape As the Bitcoin ecosystem matures, we can expect continued evolution in how institutions engage with the asset. While treasury companies will likely continue to accumulate Bitcoin as a strategic reserve, the spotlight for immediate market impact appears firmly fixed on Bitcoin ETFs. Their ability to attract vast amounts of capital and directly translate that into open market Bitcoin purchases makes them an undeniable force. This K33 research serves as a vital reminder to look beyond headlines and delve into the underlying mechanics of institutional adoption. It’s not just about who holds Bitcoin, but how they acquire it, and what that means for the broader market. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Bitcoin ETFs Unveiling Crucial Market Impact Over Treasury Holdings first appeared on BitcoinWorld and is written by Editorial Team
Crypto Man MAB, in his latest analysis on X, pointed out that Optimism (OP) is now priced at $0.553, showing a mild increase of +0.004 (+0.73%) within the last four hours. While the short-term movement is slightly positive, he emphasized that the overall trend has been bearish since the asset peaked near $0.75, marking a clear phase of correction in the market. Trend And Volume Analysis OF Optimism (PO) Delving into the trend, Crypto Man MAB observed that the asset’s short-term trend is leaning bearish. Over the past 24 hours, the price of OP has declined from a high of $0.564 to a low of $0.483, forming a downward trajectory. He noted that the longer-term outlook reinforces this sentiment, as the asset has dropped by a steep 71.02% over the last 180 days, clearly signaling sustained downward pressure. Related Reading: Aave Address Count On Optimism Rapidly Growing, Will Price Rise To New 13-Month High? Turning attention to volume behavior, Crypto Man MAB emphasized the significance of recent spikes in OP’s trading volume, particularly during the sharp price decline. He explained that this increase in volume often indicates heightened market participation, most likely driven by panic selling or stop-loss triggers. The volume surge during this dip suggests that the bears are still active and in control. In his analysis, Crypto Man MAB further mentioned that the Volume SMA reflects periodic surges, with the most recent peak aligning with the downward movement in price. This alignment between rising volume and falling price often reflects a strong bearish sentiment, reinforcing the downward pressure seen on the chart. Support, Resistance, And Indicators Examining OP’s support and resistance levels, the analyst points out that the current price is trading near $0.483. This zone could act as a potential support if selling pressure begins to slow, offering a chance for a temporary stabilization or bounce. However, a sustained break below this level might signal further downside in the near term. Related Reading: Optimism (OP) Faces Potential Decline To $1.80 — Analyst On the flip side, the nearest resistance lies around $0.564, which represents the 24-hour high. If the price attempts a recovery, this level will likely serve as the first barrier to overcome. A successful move above it could signal improving sentiment, though further confirmation would be needed to shift the short-term bias away from bearish. Looking at the chart patterns, recent candlesticks show a mix of bullish and bearish activity, but the red candles have been more dominant. This pattern reinforces the ongoing downward momentum, indicating that sellers still have control. Until there is a visible shift in momentum, the overall tone remains cautious despite pockets of potential support. Featured image from YouTube, chart from Tradingview.com
Shares of the crypto exchange are being fueled higher by rising Bitcoin prices, pro-industry regulation and steady revenue growth.
PARADIGM TO BACK KALSHI IN $100M FUNDING ROUND AT OVER $1B VALUATION:
Dogwifhat (WIF) is turning heads again after erupting 35% in a single day, reigniting speculation around a long-awaited meme coin breakout. An Elliott wave—concluded by a 35% surge during Tuesday trading—points to the bullish continuation of a 5-month cup-and-handle pattern, boosting the long-term WIF price outlook . The 24-Hour move positioned WIF as the highest-gaining meme coin in the top 100, rallying alongside others as risk-on sentiment returned with a ceasefire in the Israel-Iran conflict. With the ceasefire remaining tentative and delicate, here’s where WIF is heading next. WIF Price Analysis: Is the Correction Finally Over? The completion of an Elliott wave—with a 5-wave upward movement starting in April, followed by an A-B-C correction—could mark the end of a wider cup-and-handle. WIF / USDT 1-day chart, Elliott wave, and cup-and-handle. Source: TradingView, Binance. The structure suggests the May-born downtrend may be exhausted, with wave C extended 1.618 times the length of wave A and support found at the 0.618 Fibonacci retracement of the previous 5-wave move. The alignment of these technical markers forms a confluence zone, often indicative of high-probability reversals—further supported by key momentum indicators. On the 1-day timeframe, the MACD line has completed its first golden cross since the corrective wave began, overtaking the signal line in a potential early sign of a new WIF price uptrend. More so, the RSI has reclaimed neutral territory around 50, suggesting renewed buying pressure after weeks of weakness. Notably, both the 5-wave impulse and the following A-B-C correction align with the structure of the multi-month cup-and-handle pattern. Given the correct timing of the Elliott wave, a pattern breakout could be in the cards, targeting key resistance at $0.935 in alignment with the 0.382 Fibonacci level. A confirmed break above this level would open the door for a bullish continuation toward the cup-and-handle breakout target near $2—representing a potential 130% upside. That said, holding immediate support at $0.814—in line with the historic accumulation zone and the 0.5 Fibonacci level—is crucial to maintain the bullish outlook and avoid a return to wave C. It took 5 months to Get Here – Here’s How to See Bigger and Quicker Gains When it comes to large meme coins like WIF, timing is everything. Breakouts take months to build up and a fraction of that time to unfold—traders spend most of their time waiting. Meanwhile, low-cap coins making the rounds like Aura are posting 46x gains in a single day. That’s where Snorter ($SNORT) steps in. Its purpose-built Telegram trading bot is engineered to spot early momentum, helping investors get in before the crowd—where the real gains are made. While trading bots are not a new concept, Snorter has been designed specifically for sniping with limit orders, MEV-resistant token swaps, copy trading, and even rug-pull protection. It’s one thing to get in first, it’s another thing to know when to sell—Snorter Bot can help. Sniffer Bot vs. other popular trading bots. The project is off to a strong start— $SNORT has already raised over $1.25 million in its first three weeks of presale , likely driven by its high 261% APY on staking to rewards early investors. You can keep up with Snorter on X , Instagram , or join the presale on the Snorter website . The post WIF Price Prediction: 35% Daily Jump Puts Long-Awaited Breakout in Motion – Is $2 Within Sight? appeared first on Cryptonews .