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14 May 2026, 02:00
Polymarket logs first monthly volume drop since August 2025 as Kalshi surges ahead

BitcoinWorld Polymarket logs first monthly volume drop since August 2025 as Kalshi surges ahead Prediction market platform Polymarket experienced its first monthly trading volume decline since August 2025 in April, as the broader sector continued to expand and rival Kalshi posted double-digit growth. April volume dips 8.9% after seven-month growth streak According to data from Dune Analytics, Polymarket’s trading volume reached $10.2 billion in April, down 8.9% from $11.2 billion in March. The decline breaks a seven-month streak of consecutive monthly gains for the platform, which had seen volumes rise steadily since late summer 2025. While the drop is notable, Polymarket remains one of the largest players in the prediction market space. The platform has been a dominant force in political and event-based betting, particularly around U.S. elections and major global events. Kalshi gains ground as sector grows Meanwhile, Polymarket’s primary competitor Kalshi saw its monthly volume rise approximately 13% in April, reaching $14.8 billion. That marks the second consecutive month Kalshi has outpaced Polymarket in absolute trading volume, signaling a potential shift in user preference or market dynamics. Overall, the prediction market sector posted a 12.4% increase in total trading volume, reaching $29.8 billion in April. This suggests that the decline at Polymarket is not indicative of a broader market slowdown, but rather reflects platform-specific factors or competitive pressures. What’s driving the shift? Several factors may explain the diverging trajectories. Kalshi, which is regulated by the U.S. Commodity Futures Trading Commission, has expanded its event contract offerings and invested heavily in user acquisition. Polymarket, while unregulated and operating via crypto-based smart contracts, has faced ongoing regulatory scrutiny in the United States. Market observers also note that Polymarket’s volume had been heavily concentrated around the 2024 U.S. presidential election cycle. With that event now in the past, the platform may be experiencing a natural rebalancing as users diversify their activity across multiple platforms. Implications for the prediction market ecosystem The April data underscores a maturing market where competition is intensifying. For traders and analysts, the divergence between Polymarket and Kalshi highlights the importance of platform-specific factors such as regulatory status, contract variety, and user experience. It also raises questions about Polymarket’s long-term growth trajectory. The platform will need to either recapture momentum through new event offerings or address potential user attrition to rivals offering similar services under clearer regulatory frameworks. Conclusion Polymarket’s first monthly volume decline since August 2025 signals a potential inflection point for the prediction market leader. While the broader sector continues to grow, the rise of regulated competitor Kalshi suggests that the landscape is becoming more competitive. The coming months will reveal whether Polymarket can reverse the trend or if this marks the beginning of a more significant market share shift. FAQs Q1: Why did Polymarket’s volume drop in April 2025? A: The decline may be attributed to reduced activity following the 2024 U.S. election cycle, increased competition from regulated platforms like Kalshi, and ongoing regulatory uncertainty surrounding Polymarket’s operations. Q2: Is the prediction market sector shrinking? A: No. The overall prediction market sector grew 12.4% in April, reaching $29.8 billion in total volume. The decline was specific to Polymarket. Q3: How does Kalshi’s growth compare to Polymarket’s? A: Kalshi’s volume rose approximately 13% to $14.8 billion in April, surpassing Polymarket’s $10.2 billion. Kalshi is regulated by the CFTC, which may give it a competitive advantage in the U.S. market. This post Polymarket logs first monthly volume drop since August 2025 as Kalshi surges ahead first appeared on BitcoinWorld .
14 May 2026, 01:15
Euro Climbs Above 1.1700 as ECB Rate Hike Expectations Offset Stronger US PPI

BitcoinWorld Euro Climbs Above 1.1700 as ECB Rate Hike Expectations Offset Stronger US PPI The euro recovered above the 1.1700 level against the U.S. dollar during Tuesday’s trading session, as growing expectations for further interest rate hikes from the European Central Bank helped offset stronger-than-anticipated U.S. producer price index data. Market Reaction to US PPI Data The U.S. Bureau of Labor Statistics reported that the Producer Price Index for final demand rose 0.4% month-over-month in January, exceeding the consensus estimate of 0.2%. On an annual basis, PPI increased 3.1%, compared to the 2.9% forecast. The data suggested that inflationary pressures in the U.S. economy remain persistent, which initially supported the dollar and pushed EUR/USD to an intraday low near 1.1650. However, the dollar’s gains proved short-lived as traders refocused on the divergence in monetary policy expectations between the ECB and the Federal Reserve. The euro staged a recovery, climbing back above the psychologically important 1.1700 mark by mid-afternoon trading in New York. ECB Rate Hike Expectations Firm Market participants are increasingly pricing in additional rate increases from the ECB, following hawkish comments from several Governing Council members. The central bank has signaled that it remains committed to bringing inflation back to its 2% target, even as the eurozone economy shows signs of slowing. According to money market pricing, the ECB is expected to deliver at least two more quarter-point rate hikes in the coming months, which has provided a tailwind for the single currency. In contrast, the Federal Reserve has adopted a more cautious tone, with several officials suggesting that the central bank may be nearing the end of its tightening cycle. This policy divergence has been a key driver of euro strength in recent weeks. Implications for Traders and Investors The euro’s resilience above 1.1700 suggests that the currency pair may be establishing a new trading range. Traders are now closely watching the upcoming eurozone inflation data and ECB meeting minutes for further clues on the pace of monetary tightening. A sustained break above 1.1750 could open the door for a test of the 1.1800 resistance level, while a failure to hold 1.1700 might lead to a retest of support near 1.1650. For investors with exposure to European assets, the stronger euro presents both opportunities and risks. Export-oriented companies may face headwinds from a stronger currency, while importers and consumers could benefit from lower imported inflation. The broader implications for global currency markets depend on whether the ECB maintains its hawkish stance in the face of weakening economic data. Conclusion The euro’s recovery above 1.1700 highlights the ongoing tug-of-war between stronger U.S. economic data and the ECB’s commitment to further rate hikes. While the US PPI print was firmer than expected, the market’s focus on monetary policy divergence ultimately favored the euro. The coming days will be critical in determining whether the single currency can sustain its gains or if the dollar will regain the upper hand as additional economic data is released. FAQs Q1: Why did the euro recover above 1.1700 despite strong US PPI data? The euro recovered because traders focused on expectations for further ECB rate hikes, which offset the positive impact of stronger US producer price data on the dollar. The policy divergence between the ECB and the Federal Reserve continues to support the euro. Q2: What is the significance of the 1.1700 level for EUR/USD? The 1.1700 level is a psychologically important round number that often acts as a support or resistance point. A sustained move above this level can signal bullish momentum, while a break below may indicate bearish pressure. Traders use it as a key reference for entry and exit points. Q3: How might ECB rate hike expectations affect the euro going forward? If the ECB delivers additional rate hikes as expected, it could further strengthen the euro by attracting yield-seeking capital. However, if economic data weakens significantly, the ECB may be forced to pause, which could reverse the euro’s gains. The outlook depends on the balance between inflation and growth. This post Euro Climbs Above 1.1700 as ECB Rate Hike Expectations Offset Stronger US PPI first appeared on BitcoinWorld .
14 May 2026, 01:05
Bitcoin Slides Below $80K as PPI Shocks Markets, Warsh Confirmed Fed Chair, Conviction Buyers Hit 4M BTC

Bitcoin News A viral X thread drew more than six million views after a pseudonymous user claimed Anthropic's Claude model helped recover access to a long-dormant Bitcoin wallet holding roughly 5 BT...
14 May 2026, 00:46
DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, Developer Protections

A DeFi advocacy group has warned about a list of proposed amendments to the long-awaited crypto market structure bill that threaten the sector’s developers and hinder innovation in the US. Related Reading: Bitcoin Rally At Risk: This Critical Resistance Could End BTC’s Bullish Run CLARITY Act Amendments Could Harm The DeFi Sector On Wednesday, the DeFi Education Fund (DEF) shared a list of 16 “anti-DeFi amendments” to the Senate Banking Committee’s crypto market structure bill, known as the CLARITY Act, ahead of its highly anticipated Thursday markup session. In an X post, the advocacy group warned that some of the recent amendments submitted for consideration could harm DeFi technology, users, and developers if they are implemented in the final text of the legislation. These amendments came from Democratic Senators Catherine Cortez Masto, Andy Kim, Chris Van Hollen, Elizabeth Warren, and Jack Reed, who collectively targeted core DeFi protections in the bill. Some of the most notable “anti-DeFi” proposals include amendments by Senators Cortez Masto and Reed targeting the Blockchain Regulatory Certainty Act (BRCA), which exempts non-controlling developers and providers from federal money transfer requirements. According to DEF’s assessment of the text, Cortez Masto’s amendments “re-write the BRCA to turn it from a shield to a sword against developers,” and “strike protections for non-controlling developers” in Sections 301 and 302. Meanwhile, Reed’s amendments reportedly include a “direct attack on Van Loon – 5th Circuit federal court decision by subjecting smart contracts to sanctions ‘without regard to whether such contracts operate autonomously, can be modified, or are owned.’” In addition, he proposed eliminating the BRCS from the CLARITY Act. Other related amendments also target DeFi front ends, tokenization provisions, and expand BSA/AML obligations for developers and digital asset businesses. DEF Urges Community Action The DeFi Advocacy group called for action against the potential changes, urging X users to contact Senators’ offices to oppose them. However, it noted that Thursday’s markup will not consider every amendment. This gives the community a timely opportunity to press Senators to dismiss the proposals that would affect the industry. Responding to DEF’s post, Tornado Cash co-founder Roman Semenov also slammed the Senators for targeting the DeFi sector, affirming that they “are trying to push last-minute amendments into Clarity Act that would defeat its entire purpose” and urging community members to act. Moreover, Justin Slaughter, VP of Regulatory Affairs at Paradigm, highlighted DEF’s “anti-DeFi” list, affirming that they are “basically the key amendments to watch,” alongside those affecting stablecoin rewards, the use of digital assets for tax payments, the Securities and Exchange Commission’s (SEC) crypto guidelines and rules, and DeFi ability to operate. Related Reading: Crypto Funds Extend Six-Week Streak With $858M Inflows On CLARITY Act Progress It’s worth noting that Senators submitted over 100 amendments to the CLARITY Act’s text ahead of the markup vote, with roughly 40 of them coming from anti-crypto Senator Elizabeth Warren. As journalist Eleanor Terret reported on X, one of these proposals would prevent the Federal Reserve from issuing master accounts to crypto firms, resulting in heavy criticism from the crypto community and White House Crypto Advisor Patrick Witt. Featured Image from Unsplash.com, Chart from TradingView.com
14 May 2026, 00:15
GBP/JPY Price Forecast: Sterling Clears 50-Day SMA but Flatlines Below 214.00

BitcoinWorld GBP/JPY Price Forecast: Sterling Clears 50-Day SMA but Flatlines Below 214.00 The British pound managed to push above the 50-day simple moving average (SMA) against the Japanese yen, yet the pair has struggled to build on that momentum, stalling below the 214.00 handle. This technical development suggests a tug-of-war between buyers and sellers, with the near-term outlook hinging on a decisive break in either direction. Technical Levels in Focus The 50-day SMA, often watched by traders as a gauge of intermediate trend strength, has acted as a resistance-turned-support zone in recent sessions. However, the inability to sustain gains above 214.00 signals that bullish conviction remains tentative. The pair is now consolidating in a narrow range, with the 213.50 area providing immediate support. On the upside, a clean break above 214.00 would open the door to the next resistance cluster near 214.80, followed by the 215.50 region. Failure to hold above the 50-day SMA could see the pair retreat toward the 212.80 support level, where the 100-day SMA currently resides. Broader Market Context The GBP/JPY cross is being influenced by divergent monetary policy expectations. The Bank of England has maintained a cautious stance on rate cuts, while the Bank of Japan has signaled a potential shift away from ultra-loose policy. This policy divergence typically favors the yen, but risk sentiment and carry trade dynamics continue to support sterling demand. Additionally, the pair remains sensitive to broader risk appetite. A deterioration in global risk sentiment tends to benefit the yen as a safe haven, while improved risk appetite supports the pound. Traders are closely watching upcoming economic data from both the UK and Japan for further directional cues. What This Means for Traders For short-term traders, the current consolidation phase presents a potential breakout opportunity. A decisive move above 214.00 with increasing volume could signal the start of a bullish leg. Conversely, a breakdown below the 50-day SMA would suggest renewed selling pressure. Given the flatlining price action, patience is advisable until a clear directional signal emerges. Conclusion GBP/JPY has cleared a key technical hurdle in the 50-day SMA but lacks the momentum to challenge the 214.00 resistance zone. The pair remains in a wait-and-see pattern, with the next major move likely determined by broader risk trends and central bank policy signals. Traders should monitor the 213.50–214.00 range for a confirmed breakout before committing to directional positions. FAQs Q1: What is the 50-day SMA and why is it important for GBP/JPY? The 50-day simple moving average is a widely followed technical indicator that smooths out price data over the past 50 trading days. It helps traders identify the intermediate trend direction and often acts as support or resistance. Clearing it is considered a bullish signal. Q2: What key levels should traders watch in GBP/JPY? Key resistance is at 214.00, followed by 214.80 and 215.50. Key support is at 213.50, then the 100-day SMA near 212.80. A break above or below these levels could determine the next trend. Q3: How do central bank policies affect GBP/JPY? The Bank of England’s cautious approach to rate cuts and the Bank of Japan’s potential policy normalization create a policy divergence. This typically influences the exchange rate, with hawkish BoE sentiment supporting the pound and BoJ tightening expectations boosting the yen. This post GBP/JPY Price Forecast: Sterling Clears 50-Day SMA but Flatlines Below 214.00 first appeared on BitcoinWorld .
14 May 2026, 00:10
Gold Edges Higher Near $4,700 as Markets Eye Trump-Xi Summit for Trade Clarity

BitcoinWorld Gold Edges Higher Near $4,700 as Markets Eye Trump-Xi Summit for Trade Clarity Gold prices edged higher on Tuesday, trading near the $4,700 per ounce mark, as investors turned cautious ahead of a highly anticipated summit between U.S. President Donald Trump and Chinese President Xi Jinping. The meeting, expected later this week, is seen as a potential turning point for global trade tensions that have fueled safe-haven demand for the yellow metal throughout 2025. Safe-Haven Demand Intensifies Ahead of High-Stakes Talks The precious metal has rallied over 18% this year, driven by a combination of geopolitical uncertainty, central bank buying, and persistent inflation concerns. The upcoming Trump-Xi summit adds another layer of uncertainty to an already fragile global economic outlook. Market participants are closely watching for any signs of a de-escalation in the trade war or, conversely, further tariffs that could disrupt supply chains and stoke inflation. Analysts note that gold’s resilience near the psychologically important $4,700 level reflects a market bracing for potential volatility. A breakdown in negotiations could push prices toward the $5,000 threshold, while a surprise trade deal might trigger a short-term pullback as risk appetite returns. What the Summit Means for Gold Investors The Trump-Xi meeting comes at a critical juncture. The U.S. has imposed tariffs on hundreds of billions of dollars in Chinese goods, with China retaliating with its own measures. The trade dispute has weighed on global manufacturing data and corporate earnings, prompting investors to seek refuge in assets like gold. Gold has historically benefited from periods of heightened geopolitical risk and currency uncertainty. The dollar’s recent softening, partly due to expectations of a Federal Reserve rate cut, has also provided tailwinds for bullion, which is priced in the greenback. Key Factors Driving Gold’s Trajectory Several elements are converging to support gold prices beyond the summit. Central banks, particularly in emerging markets, continue to diversify reserves away from the dollar, adding to physical demand. Additionally, consumer demand in major markets like India and China remains robust, especially during festival seasons. However, some analysts caution that gold’s rally may be overextended in the short term. A decisive breakthrough in trade talks could trigger a rotation out of safe havens and into equities, leading to a correction. The summit’s outcome will likely dictate the metal’s direction for the remainder of the quarter. Conclusion Gold’s move toward $4,700 underscores the market’s anxiety and the premium placed on certainty. The Trump-Xi summit represents a pivotal moment for global trade policy and, by extension, for gold investors. Whether prices break higher or retreat will depend on the tone and substance of the discussions. For now, the metal remains a barometer of geopolitical risk, and traders are advised to stay nimble. FAQs Q1: Why is gold price sensitive to the Trump-Xi summit? Gold is a traditional safe-haven asset. The summit could either reduce or escalate trade tensions, directly impacting investor risk appetite and demand for gold. Q2: Could gold fall if a trade deal is reached? Yes, a significant de-escalation in trade tensions could reduce safe-haven demand, potentially leading to a short-term pullback in gold prices as investors move toward riskier assets. Q3: What other factors are supporting gold at these levels? Beyond geopolitics, gold is supported by central bank buying, a weaker U.S. dollar, inflation concerns, and strong physical demand from key consumer markets like India and China. This post Gold Edges Higher Near $4,700 as Markets Eye Trump-Xi Summit for Trade Clarity first appeared on BitcoinWorld .














































