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Adam Forsyth

Ethereum price risks $1,700 as support weakens

Ethereum price fell 2% to around $1,847 on Aug. 3 after another rejection near key moving averages left the $1,800 support zone exposed. Summary Ethereum price fell 2.04%, reaching an intraday low of $1,828. ETH remains below its 50-day and 100-day moving averages at $1,889 and $1,927. 4-hour MACD and Chaikin Money Flow readings show…

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Binance opens August leaderboard with 5,888 USDC

Binance opened its August Monthly Leaderboard for Dual Investment users on Aug. 3, offering a top reward of 5,888 USDC.  Summary Binance will rank users by average Dual Investment subscriptions during August, rewarding the top 100. The first ranked participant receives 5,888 USDC through a Dual Investment subscription lasting 14 days. Participants need verified accounts,…

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Will This Data Finally Spark a Crypto Breakout?

One of the developments already took place, but the impact was rather muted, for now. Bitcoin, the altcoins, and the broader financial markets face another eventful week, with geopolitical developments, key US labor data, major earnings reports, and fresh economic indicators all capable of influencing investor sentiment. The cryptocurrency market is in a fragile…

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Prediction markets hit record $50.6B July volume

Prediction markets recorded $50.59 billion in combined monthly trading volume in July, setting a new high across Kalshi, Polymarket and Polymarket US, according to data published on Aug. 3. Summary Prediction markets generated $50.6 billion in July volume, rising 7.8% from June’s previous combined total. Kalshi led at $37.7 billion; Polymarket US volume climbed 54%…

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Minnesota loses first round against Kalshi, Polymarket

Minnesota’s prediction market ban remained blocked on Aug. 2, one day after the law was scheduled to take effect.  Summary July 27 injunction keeps Kalshi and Polymarket operating while Minnesota’s preemption case continues in court. Walz barred state employees from using confidential information to trade prediction markets for private benefit. Fairshake reported $126.97 million cash…

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