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Short-term bitcoin holders are facing heavy losses, making them the most likely to sell if the market drops further.
Donald Trump has extended his lead over Kamala Harris in U.S. presidential election odds on the decentralized predictions platform Polymarket.The seven percentage point gap is the highest since Aug. 22 but contrasts with average national polling in Harris’ favor.
US spot Bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows on Wednesday, marking the sixth consecutive day of negative flows.
Blockstream has launched Series 3 of its BMN2 security token, which provides direct exposure to the firm’s Bitcoin hash rate.The firm said the launch comes amid heightened investor interest in bitcoin mining opportunities.
Bitcoin is well and truly stuck, the analysis concludes, but there are signs that a BTC price breakout from an increasingly “unstable” range is brewing.
- 20:46Former OpenAI CTO's Thinking Machines Raising $2 BillionAccording to a report by Jinse, the startup Thinking Machines, created by former OpenAI CTO Mira Murati, is raising $2 billion at a valuation of $10 billion.
- 20:46U.S. Stock Market Indices Close HigherAccording to Jinse, U.S. stock market indices closed higher collectively, with the Dow rising 0.72%, the S&P 500 increasing 0.58%, and the Nasdaq up 0.55%. Both the Dow and the S&P 500 recorded six consecutive daily gains. Most large tech stocks rose, with Tesla up over 2%, Netflix rising more than 1%, and Apple, Microsoft, Nvidia, and Meta seeing slight increases. Google and Amazon experienced slight declines.
- 20:45Poll: Trump's Overall Approval Rating Steady at 42%According to a report by Jinse, a Reuters/Ipsos poll shows that Trump's overall approval rating is steady at 42%, his approval rating on handling the U.S. economy has dropped to 36%, and the dissatisfaction rate with the economy has risen to 56%.