Crypto News
What Are Prediction Markets? Understanding How MYRIAD Works
On-chain prediction markets such as MYRIAD have rapidly gained traction in recent years. Here’s how they work.Source link
Bitcoin Crashed Below $94K in Sudden Plunge From Record Perch Around $100K
Bitcoin's (BTC) price plunged below $94,000 late Thursday in rapid retreat from its newfound all-time high around $100,000.There was no immediately obvious reason for the drop.CoinDesk Indices data, which incorporates prices from several sources, shows bitcoin dropped as low as $93,468.34. Meanwhile, it got to about $90,500 on Binance and $92,000 on Coinbase.The selling did not spread across the rest of crypto — which is unusual. While bitcoin went into freefall, other tokens didn't really budge.Bitcoin then rebounded back above $96,000.Source link
OpenAI Launches Most Powerful ChatGPT Yet—With a Shocking Price Tag
While ChatGPT power users gain cutting-edge tools and models, the $200/month price is met with negative reviews.Source link
$1.2B TVL Milestone: Fluid Superapp Makes Waves in Decentralized Finance
Fluid, a decentralized finance (defi) superapp, has attracted $1.2 billion in total value locked (TVL) through its innovative money market and decentralized exchange (dex). The platform delivers groundbreaking features such as smart debt and collateral management. As part of its evolution, Fluid is transitioning its governance token from INST to FLUID, a move aimed atSource link
Memecoins Reach $140B Market Cap and Gain Ground in Crypto Economy
Memecoins undoubtedly capture a big slice of crypto observers' attention — even if not everyone is a fan. But data shows they're gobbling up a growing amount of the crypto economy too.The sector — powered by the likes of dogecoin (DOGE) and Shiba Inu (SHIB) — made up 3.16% of the combined market capitalization of all cryptocurrencies on Dec. 1, up from 1.3% at the beginning of the year, according to a new report from crypto exchange CEX.IO. If you exclude crypto titans bitcoin (BTC) and ether (ETH), memecoin market share jumps to 11.21% from 4.2%.That equates to big dollars: more than $140 billion of market value, per CoinGecko data, stashed in cryptocurrencies that don't pretend to have any utility....