Kalshi enters the crypto market with perpetual futures trading Kalshi Prediction Market is expanding into cryptocurrency trading by offering perpetual futures trading on its platform. Perpetual futures trading allows investors to buy and sell derivative contracts that track the price of an asset, such as a stock or cryptocurrency. The move puts Kalshi in direct…
Bitcoin’s 200-day moving average (MA) is closing in on challenging its previous high of $49,452 set in February 2022. According to historical data, when this average exceeds its previous peak, it often signals the beginning of the most vigorous phase of the bull cycle. Bitcoin entered a bullish phase above the 200-day simple moving average…
Arkham Intelligence Inc., a blockchain data company backed by OpenAI founder Sam Altman, is preparing to launch its own cryptocurrency derivatives exchange next month. This new venture marks a big step for the company, as it plans to move its headquarters from London and New York to Punta Cana in the Dominican Republic. According to…
Bitcoin faced a sharp decline on a turbulent trading day that coincided with the inauguration of Donald Trump as the 47th president of the United States. Late on Monday in New York, Bitcoin was trading around $103,700, down from its previous all-time high of $109,241. Traders are expecting pro-cryptocurrency policies under Trump, buoyed by expectations…
Robinhood, the popular trading app, is preparing to announce its highest quarterly revenue in nearly three years, signaling a notable rebound in the stock markets and cryptocurrency trading. Rising bets on global interest rate cuts earlier this year boosted U.S. stocks and bitcoin to record highs, luring traders back into the market and boosting transaction-based…
