Everything web3, crypto, defi, degen
In brief September got off to a hot start, but the seasonal “Red September” curse might now be kicking in. Bitcoin is now just 4% away from marking another down month in September, historically the worst month of the year for markets. Myriad prediction market users remain somewhat bullish, but the charts paint a less…
In brief The crypto market rebounded to $4.15 trillion as Bitcoin hovered near $116,000, Cardano climbed 5%, and NEAR soared 15%. A $74 billion recovery came as the Federal Reserve cut rates by 25 bps and gold surged to $3,700. September’s cautious sentiment held, but Bitcoin, Cardano, and Near are posting divergent signals. The cryptocurrency…
In brief The Fed delivered a 25bps cut in an 11–1 vote, but markets reacted with little enthusiasm. Bitcoin slipped 0.69% after briefly touching $117K earlier in the day. Overall market sentiment remains neutral, though predictors on Myriad lean bullish. Fed fatigue or was it simply priced in all along? Bitcoin is down a paltry…
In brief Pump.fun’s PUMP has rocketed 77% over the last week, driven by aggressive buybacks and platform dominance. The charts are flashing strong bullish signals. But users on the Myriad prediction market are still bearish. Here’s why. The crypto market continues its dance of consolidation, with Bitcoin and Ethereum more or less trading sideways as…
In brief Google’s Gemini to #1 in app downloads this month and Search interests this week. This is the first time Gemini app dethrones ChatGPT. This also helped boost Google’s valuation to beat $3 trillion, just behind Nvidia, Apple and Microsoft. Google’s Gemini app hit the top of the Apple App Store on September 15,…
In brief Dogecoin surged 11% and Solana 10 % in the last week, defying seasonal crypto trends Federal Reserve is expected to cut rates this week as inflation moderates to 2.9%, which bodes well for risk assets. Users on the prediction market Myriad are signaling growing bullish sentiment. Here’s what the price charts have to…
In brief XRP momentum has faded after breaking an eight-year all-time high price. Solana charts tell a different story today than the price action would indicate. And Pump’s PUMP is pumping once again, but can it last? The crypto market has rolled into September with characteristic uncertainty, as “Red September” fears collide with mounting optimism…
In brief Top markets on Myriad this week include predictions on the next move for Bitcoin and Solana. As prices slide, predictors are leaning bearish with odds swinging heavily on Myriad in favor of lower price targets. The NFL returns, and predictors on Myriad are offered slightly better odds compare to traditional sportsbooks for an…
In brief Bitcoin posted modest gains today while Ethereum slightly slipped. The long-term bullish outlook for traders remains intact, but the charts suggest choppy waters ahead. Prediction markets are split on near-term price outlooks for BTC and ETH. Will crypto break the ‘Red September’ curse? There is measured optimism today in the market.The crypto market…
In brief Bitcoin, Ethereum and XRP prices are holding relatively steady as the market rolls into Red September. September is historically the worst month of the year for markets, with BTC on average dropping 3.77%. Despite the sideways action, technical indicators suggest traders could be positioning for history to repeat. The cryptocurrency market is attempting…
