The article discusses the impact of major exchange listings on cryptocurrency prices. The author analyzed 42 non-stablecoin tokens listed on Binance and Coinbase this year and found that only 29% of them have gained value since their listing. While there have been some successful listings, the overall results suggest that major listings are a double-edged sword. The author also mentions that Polymarket is close to reaching a $1 billion market for its US election outcome prediction market. In terms of Bitcoin, the market is currently trading sideways, with prices falling over the weekend. The article concludes by discussing the concept of "good" adoption in the crypto space and the potential negative implications of certain types of adoption.



Other News from Today