Financial News

Kalshi’s move to tokenize event bets on Solana comes as prediction-market volumes surge and competition with Polymarket intensifies.

While well-known cryptocurrencies ride the waves of market sentiment, a new project named GeeFi is making a name for itself through a powerful presale performance. The first phase concluded in just over a week, a clear signal of strong investor

NEW YORK/LONDON >> Bitcoin slumped on Monday, with the world’s largest cryptocurrency down more than 7% and on track for its biggest daily percentage fall since March, as equities also declined.

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Markets gave up ground to start the new month.

Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued.

The Dow Jones Industrial Average fell or 0.9 per cent while the S&P 500 lost 0.53 per cent, to 6,813.

Bettors on Kalshi are putting their money on bearish positions.

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Investors have grown increasingly concerned about lofty valuations for risky assets in recent weeks — but the values of precious metals are rising

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Tokenization refers to creating a digital version of a real-world financial asset such as a stock, bond or treasury note.