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Here’s what happened in crypto today

On October 12, 2023, Bitcoin experienced a significant price drop, falling below $26,000 amid market volatility. Ethereum also saw a decline, with its value dipping to around $1,600. The overall cryptocurrency market capitalization decreased, reflecting a bearish sentiment among investors. Additionally, regulatory discussions intensified as lawmakers in various countries proposed new frameworks for digital asset governance. Despite the downturn, some analysts remain optimistic about a potential recovery in the coming weeks.

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Kalshi see valuation double to $22B after $1B raise as prediction markets boom

Kalshi, a prediction market platform, has seen its valuation double to $22 billion following a $1 billion funding round. The surge in interest in prediction markets has contributed to this significant increase in valuation. The funding will be used to expand Kalshi's operations and enhance its market offerings.

Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling

Bitcoin has dipped below $80,000, marking a significant price drop. However, weekly inflows into Bitcoin exchange-traded funds (ETFs) have reached a four-month high, which could help mitigate further selling pressure. This surge in ETF investments suggests growing institutional interest in Bitcoin, potentially stabilizing its price. Analysts are monitoring these

Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares

Fund managers are increasingly investing in Bitcoin as market sentiment in the cryptocurrency sector shows signs of recovery, according to a report by CoinShares. In the latest week, Bitcoin investment products saw inflows of $25 million, marking a significant shift in investor confidence. This trend follows a period of prolonged

Privacy and accountability can coexist onchain, say panelists at Consensus Miami

At the Consensus Miami conference, panelists discussed the balance between privacy and accountability in blockchain technology. They emphasized that while privacy is crucial for user protection, it should not hinder accountability in the ecosystem. The discussion highlighted the importance of transparent practices that still respect individual privacy rights. Experts suggested

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Kalshi see valuation double to $22B after $1B raise as prediction markets boom

Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling

Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares

Privacy and accountability can coexist onchain, say panelists at Consensus Miami