Coindesk

Prediction market Kalshi, a federally regulated competitor to Polymarket, has raised more than $100 million at a valuation of $1 billion, according to a report from Bloomberg.This comes less than a day after reports emerged that Polymarket was raising $200 million at the same unicorn valuation, led by Peter Thiel's Founders Fund.Publicly available data from Kalshi's API curated by Polymarket Analytics (not affiliated with Polymarket) shows that Kalshi has around $113 million in current active trading volume across all open markets, while Polymarket has just under $600 million.Kalshi now hosts more active markets than Polymarket, but remains behind in open interest, a key metric that reflects liquidity and trader conviction in prediction markets.A Dune dashboard shows that Polymarket has around...

Ethereum faces widespread perception as a network in crisis. It has been characterized as a platform plagued by governance upheaval, community fragmentation, and high gas fees. Additionally, Ethereum receives a lot of criticism for its slow performance, which lags behind Bitcoin's institutional appeal and Solana's speculative excitement.This narrative misses Ethereum’s central purpose and strategy. Both of which are driven by deliberate decentralized innovation, which is now beginning to pay off.Ethereum’s “Identity Crisis”Ethereum has chosen the more difficult but ultimately more sustainable path. This is based on the fact that it has maintained functional governance, which enables continued technical advancement. It also preserves credible decentralization, creating competitive advantages that neither pure stability nor pure speed can replicate. This positions Ethereum as...

Solana's SOL SOL token is trading at $144.04, down 0.62% in the past 24 hours, after briefly climbing as high as $147.73 earlier in the session, according to CoinDesk Research's technical analysis model. The move came amid a spike in trading volume and fresh commentary from Syncracy Capital Co-Founder Ryan Watkins, who reaffirmed Solana’s long-term importance in the evolving crypto economy.Watkins, whose firm makes concentrated, thesis-driven investments in crypto, followed up on a prediction he made in May, when he called the competition between Solana and Hyperliquid “the cryptoeconomy’s defining battle” as U.S. equities begin migrating onchain. At the time, he suggested that the winner could become a $100 billion to $500 billion platform capable of reshaping capital markets.On June...

The ATOM token experienced notable volatility from June 24 15:00 to June 25 14:00, establishing key resistance at $4.14 and finding support around $3.99, with substantial trading volumes suggesting strong market interest at these price points. This price action comes as major institutional players like Nano Labs begin diversifying beyond Bitcoin, potentially unlocking fresh liquidity for previously overlooked altcoins in the ecosystem.Technical Analysis HighlightsATOM-USD exhibited a trading range of $0.145 (3.6%) over the 24-hour period from 24 June 15:00 to 25 June 14:00, moving from a high of $4.140 to a low of $3.994. Significant volatility occurred during the 16:00 hour on June 24th, with price surging to session highs on above-average volume (1.36M), establishing resistance at $4.14.Support emerged around...

The world's most valuable startups aren't traded on public markets. They're tucked away in private portfolios — locked behind high capital requirements, long lockups and limited access to deal flow. Historically, private markets have belonged to the elite few: endowments, family offices and a small club of well-connected institutional players.Today's private markets remain largely gated. Traditional private equity requires minimum investments of $250,000 - $25 million, venture capital funds often demand more than $1 million minimums and accredited investor requirements shut out the majority of Americans who don't meet these wealth thresholds.But that exclusivity is beginning to crack.Thanks to blockchain technology, we're witnessing the early formation of a parallel financial system — one that brings transparency, liquidity and accessibility to...