News
Prediction markets are rapidly going mainstream, and one expert argues that their simplicity could make them the first DeFi tool to achieve mass adoption.
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Predictions News
Bitcoin (BTC) price prediction is a precarious affair despite the host of analysts and investors hoping to make a profit. Bitcoin’s value is determined second-by-second, day-by-day by a market that never sleeps. As a cryptocurrency’s value is determined by an open market, this presents unique challenges around volatility that most currencies do not face. While cryptocurrency price prediction is an ever-moving target, market literacy is essential for someone to get the most value out of their participation in the crypto economy.
Without getting into the weeds of technical analysis, what most traders and market analysts are hoping to discern is the overall sentiment of the market, which falls into two basic categories:
- A bull market occurs when the price action appears to steadily increase. This is also known as a “pump,” as the influx of buyers increases the prices.
- A bear market occurs when the price action appears to steadily decrease. This is also known as a “dump,” as the mass sell-off results in the price going lower.
Price prediction and asset speculation is a high-risk venture, so stay tuned to Cointelegraph’s daily market analysis to better navigate the ebbs and flows of crypto.
- News
Polymarket’s rival prediction marketplace Kalshi told Cointelegraph that its platform will be restricted in 38 jurisdictions, including France and the UK.
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Gold has hit its highest share of central bank reserves in decades, potentially shaping Bitcoin’s path as a future reserve asset, according to Deutsche Bank.
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In one of their first moves in two months, the Bitcoin whale returned to short Bitcoin and Ether for hundreds of millions of dollars, betting on their short-term price decline.
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MetaMask is partnering with Polymarket to offer all markets on the prediction platform, with the integration slated for later this year.
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NYSE parent company, Intercontinental Exchange, has invested $2 billion in the crypto prediction market Polymarket at a $9 billion valuation.
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Bitcoin reached a new all-time high, but an AI-based model predicted that a historic BTC price breakout was unlikely to occur in October.
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Onchain dynamics point to a renewed accumulation phase that may see Bitcoin’s price surpass $150,000 before the end of 2025, market analysts told Cointelegraph.
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The $300 billion record stablecoin supply may act as “rocket fuel” for the crypto market, while signaling a growing integration with global finance, industry watchers told Cointelegraph.
14523 - Market Analysis
Many major banks anticipate that Bitcoin will rise to as high as $200,000 by year-end, driven by record ETF inflows and capital rotation from gold markets.
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Bitcoin ETFs are the market’s “clearest sentiment barometer,” indicating an incoming breakout for “Uptober,” analysts told Cointelegraph.
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Wall Street capital is flowing into late-stage, IPO-ready crypto firms, signaling new dynamics at play for the incoming altcoin season.
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"South Park" is back to roasting crypto in its recent episode, but digital assets like Bitcoin have been a pop culture punchline for a long time.
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Bitcoin may rally to $150,000 before year end as gold’s safe haven surge drives institutional demand, according to hedge fund founder Charles Edwards.
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France’s over $176 billion budget deficit may signal trillions of euros of newly printed money, potentially leading to more capital flowing into Bitcoin, according to Arthur Hayes.
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