‘Avoid Rain at All Costs’: ZachXBT Raises Red Flags Over $8.8B Prediction Market Project

ZachXBT warned traders to avoid Rain Protocol, citing alleged wallet links, low traction, price concerns, and Kraken listing issues.

Robinhood's strategic shift to its own platform could reshape the prediction market landscape, challenging existing players and altering market dynamics. The post Robinhood shifts World Cup bets to its own platform, moving away from Kalshi appeared first on Crypto Briefing.

South Korean police have launched the country’s first known investigation into domestic Polymarket users, with authorities examining whether participation in the prediction market platform violated local gambling laws. According to a Chosun Biz report, the Gangwon Provincial Police Agency is…

In crypto, “professional-grade” gets thrown around pretty loosely. Most of the time it means a darker UI, a few more chart indicators, and a tab somewhere labeled “advanced.” For a lot of products, that’s the whole story. The launch of Outpoll, a global prediction market platform, is a decent moment

Kalshi's shift towards institutional-grade tools could redefine prediction markets, attracting larger trades and enhancing market efficiency. The post Kalshi builds Bloomberg Terminal-style interface for prediction market power users appeared first on Crypto Briefing.

Ethereum price started a fresh decline and traded below $1,750. ETH is now consolidating below $1,750 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,800. The price is trading below $1,780 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,820 zone. Ethereum Price Remains In Downtrend Ethereum price failed to remain stable above $1,840 and started a fresh decline, like Bitcoin. ETH price dipped below the $1,800 and $1,780 levels. The price even traded below $1,750. A low was formed at $1,715, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1,888 swing high to the $1,715 low. There is also a bearish trend line forming with resistance at $1,750 on the hourly chart of ETH/USD. Ethereum price is now tra

Bitcoin price started a fresh decline below the $65,000 zone. BTC is showing bearish signs and might continue to move down if it dips below $62,000. Bitcoin failed to stay above $65,500 and extended losses. The price is trading below $64,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $63,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $65,000 and $65,500 levels. Bitcoin Price Extends Losses Bitcoin price failed to stay above the $66,500 support zone. BTC remained in a bearish zone and extended losses below the $65,000 level. There was a move below the $64,000 level. The price even dipped below $62,500. A low was formed at $61,255 and the price is still showing many bearish signs. It is below the 23.6% Fib retracement level of the downward move from the $74,070 swing high to the $61,255 low. Bitcoin is now trading below $64,000 and the 100 hourly simple movin

House Republicans have moved to expand a congressional trading ban proposal after Rep. Bryan Steil said prediction market contracts should be included alongside restrictions on stock trading by lawmakers. According to Bloomberg Government, Steil, who chairs the House Administration Committee,…