34m ago
Bitcoin Tests $100,000 Support as Technical Indicators Point to $96,593 Correction Risk
Bitcoin is struggling to hold above $100,000 as bearish momentum builds, with order book data showing defensive bid walls at $100,384 and $100,663. Technical indicators confirm a short-term downtrend, with both the 9-day and 20-day exponential moving averages turning downward. Analysts warn that a break below the current level could trigger a cascade of stop-loss orders, potentially driving prices toward support zones at $96,593 and $95,778.
34m ago
37m ago
Columbia University Study Finds 25% of Polymarket Volume Linked to Wash Trading Over Three Years
A Columbia University study identified wash trading in approximately 25% of Polymarket's transaction volume across three years. The research, published on SSRN, analyzed blockchain data from Polygon and found artificial trading activity peaked at 60% of total volume in December and stood at around 20% in early October. Polymarket is preparing to re-enter the U.S. market through its acquisition of QCX.
37m ago