1h ago
Magic Eden's Jack Lu plans for prediction market 'speculation supercycle' with Dicey launch and ME rewards
On Monday, Magic Eden CEO and co-founder Jack Lu said the firm is preparing for a coming "speculation supercycle", as prediction markets posted a record $814.2 million in daily trading volume. Magic Eden will roll out its Dicey crypto casino and sportsbook this quarter and route 15% of platform revenue to ME tokenholders via USDC buybacks and staking rewards. This strategy comes after the NFT market cap dropped from $7.95 billion to $2.5 billion in 2025 but has climbed back above $3 billion in early 2026.
Selected
ME
ME-6.18%
1h ago
2h ago
Ethereum Price Holds Above $3,160 As Bears Cap ETH Below $3,250 Resistance
Ethereum has pulled back from the $3,300 resistance and is now trading below $3,220 and the 100-hourly Simple Moving Average while holding support near $3,160. Key resistance levels are clustered around $3,220, $3,260 and $3,280, with a short-term declining channel capping gains near $3,210. A drop below $3,140 could open the way toward $3,080 and $3,050, while a clear move above $3,280–$3,320 may trigger a push toward $3,400–$3,450.
ETH
ETH-1.06%
2h ago
2h ago
Bitcoin Holds Around $92K as Asia Stocks Fall on Trump’s Planned Tariffs Over Greenland
On Tuesday, Bitcoin traded near $92,000 following a Monday sell-off, while global markets reacted to renewed trade tensions tied to President Donald Trump’s proposed tariffs on eight European countries. Nasdaq and S&P 500 futures fell about 1% in early Asia hours, Asian and European equity gauges weakened, and the dollar and US Treasuries moved as investors shifted into havens like gold and the Swiss franc.
Selected
2h ago