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ChainCatcher news, according to CoinDesk, a study by prediction market platform Kalshi found that prediction markets outperform Wall Street consensus expectations in inflation forecasting. Over a 25-month data period, their average error was 40% lower than consensus forecasts. The study noted that the advantage of prediction markets lies in their aggregation of diverse information from … Read more

ChainCatcher reports, according to Coinglass data, if ETH falls below $2,906, the cumulative long liquidation intensity on mainstream CEXs will reach $1.166 billion. Conversely, if ETH breaks above $3,186, the cumulative short liquidation intensity on mainstream CEXs will reach $727 million.

XRP could be ready for an unexpected spike on the market, as institutional activity decreases on the market.

PANews reported on December 22 that, according to Walter Bloomberg, Citigroup lowered its target price for MicroStrategy from $485 to $325 per share, while maintaining its buy rating on MicroStrategy.

BlackRock-tagged wallets just pushed about $270 million in BTC and ETH into Coinbase Prime, and with ETF flows turning red, it is no surprise that market participants now treat every new tranche-like potential sell supply.

PANews reported on December 22nd that, according to PRNewswire, BitMine added 98,852 ETH last week, bringing its total holdings to over 4 million ETH. As of December 21st, BitMine’s total cryptocurrency, cash, and “Moonshot” holdings amounted to $13.2 billion. BitMine holds 4,066,062 ETH; 193 BTC; $38 million worth of shares in Eightco Holdings (NASDAQ: ORBS); … Read more

PANews reported on December 22nd, citing Bloomberg, that JPMorgan Chase is considering offering cryptocurrency trading services to its institutional clients as major global banks deepen their involvement in the cryptocurrency asset class. A source familiar with the matter revealed that JPMorgan Chase is evaluating what products and services its markets division could offer to expand … Read more