Kalshi Surges Past $1 Billion in Perpetual Futures Volume in Inaugural Week
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Kalshi Surges Past $1 Billion in Perpetual Futures Volume in Inaugural Week

Kalshi, a prominent prediction market platform, has announced a significant milestone, with its newly launched perpetual futures, or “perps,” surpassing $1 billion in trading volume in just one week. The platform officially commenced trading for these innovative contracts last Wednesday, experiencing an impressive initial surge of over $100 million in volume within the first 24 […]

Ethereum Faces Heavy Bearish Pressure Despite Massive Corporate Buying Spree by BitMine
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Ethereum Faces Heavy Bearish Pressure Despite Massive Corporate Buying Spree by BitMine

The cryptocurrency market is experiencing a severe downturn, with major digital assets facing intense selling pressure. Over the past week, leading cryptocurrencies suffered double-digit losses, with Bitcoin dropping more than 14% and Ripple’s XRP sliding by over 13%. Ethereum was hit particularly hard, plunging more than 15% and testing a multi-month low of $1,505 before […]

XRP Shows Resilience as Derivatives Activity Picks Up Amid Market Uncertainty
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XRP Shows Resilience as Derivatives Activity Picks Up Amid Market Uncertainty

XRP has demonstrated a notable recovery, climbing to the $1.15 level on Monday as retail traders cautiously re-engage with the derivatives market. This uptick in price arrives during a period of heightened macroeconomic sensitivity and geopolitical instability, which have collectively dampened investor enthusiasm across the broader digital asset landscape. Data from the derivatives sector highlights […]