Crypto News
Polymarket Eyes US Return via $112 Million Crypto Exchange Acquisition
Although activity has cooled since Election Day, Polymarket registered $1.1 trillion in trading volume in June.Source link
Bitcoin Dominance Plummets, Ushering in Altcoin Season
According to crypto data provider Coinmarketcap, altcoin season starts when 75% of the top 100 tokens outperform bitcoin over a three-month stretch. Is Altcoin Season Here? Bitcoin’s Market Share Slips When a token representing a family of digital collectibles named “Pudgy Penguins” (PENGU) outperforms bitcoin ( BTC) seventeen-fold, it’s safe to say altcoin season hasSource link
UK Chancellor Mulls Selling $7.2B Bitcoin Stash to Plug Gap in National Finances
Trade association CryptoUK urged the government to take a “long-term view” on holding Bitcoin seized from criminals.Source link
‘Ethereum Avengers’ Firm to Generate ETH Using $1.5 Billion Stockpile
The firm received a $645 million “anchor investment” from its Consensys-linked co-founder and chair.Source link
Solana Market Cap Blasts Past $100B as Shorts Get Obliterated in $16M Liquidation Wave
While bitcoin catches its breath, a handful of altcoins have been stealing the spotlight—and earlier today, solana’s market cap punched past the $100 billion milestone. In just the past seven days, SOL has climbed 15.5% when measured against the U.S. dollar. Solana’s Explosive Climb Fuels Altcoin Derivatives Boom Solana is having a strong week, climbingSource link