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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.30%
New listings: Pi
Hot BTC ETF : IBIT
BTC/USDT$107442.05 (-0.25%)Fear and Greed Index74(Greed)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketSOONNEWTotal spot Bitcoin ETF netflow +$211.7M (1D); +$3.13B (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance63.30%
New listings: Pi
Hot BTC ETF : IBIT
BTC/USDT$107442.05 (-0.25%)Fear and Greed Index74(Greed)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketSOONNEWTotal spot Bitcoin ETF netflow +$211.7M (1D); +$3.13B (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Core PriceCORE
USD
$0.8124USD
+1.12%1D
The Core (CORE) price in is $0.8124 USD as of 01:09 (UTC) today.
CORE to USD converter
CORE
USD
1 CORE = 0.8124 USD. The current price of converting 1 Core (CORE) to USD is 0.8124. Rate is for reference only. Updated just now.
Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.
Core price live chart (CORE/USD)
Last updated as of 2025-05-25 01:09:42（UTC+0）
Market cap:$814,008,790.19
Fully diluted market cap:$814,008,790.19
Volume (24h):$17,018,880.69
24h volume / market cap:2.09%
24h high:$0.8281
24h low:$0.7992
All-time high:$6.47
All-time low:$0.3434
Circulating supply:1,002,004,100 CORE
Total supply:
2,093,769,839.04CORE
Circulation rate:47.00%
Max supply:
2,100,000,000CORE
Price in BTC:0.{5}7559 BTC
Price in ETH:0.0003265 ETH
Contracts:--
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Total votes:
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About Core (CORE)
What Is Core?
Core is a next-generation layer-one blockchain. The project employs a novel mechanism termed Satoshi Plus, developed to solve the blockchain trilemma, a technological challenge where a blockchain network can only achieve two out of three main features: security, scalability, and decentralization. Core’s innovative approach allows it to maintain optimal security and decentralization while achieving high scalability, making it a promising solution in the decentralized autonomous organizations (DAOs) and DeFi sectors.
Core’s mainnet, launched on January 14, 2023, has already processed millions of transactions, supporting smart contracts and a variety of decentralized apps (DApps). It aims to serve as the core of web3, integrating the best features of renowned blockchains like Bitcoin, Ethereum, Solana, and Polygon, and focusing on user-led governance, ensuring that the network is not structured around any single founder or developer, maintaining a high level of accessibility and decentralization. In April 2023, Core received a $50 million investment from Bitget - the world's leading centralized exchange.
Resources
Whitepaper: https://docs.coredao.org/core-white-paper-v1.0.5/
Official Website: https://www.coredao.org/
How Does Core Work?
Core operates on the patented Satoshi Plus consensus, a hybrid mechanism combining Proof of Work (PoW) and Delegated Proof of Stake (DPoS), allowing it to leverage the benefits of both Bitcoin's secure and Ethereum's scalable consensus mechanisms. This consensus ensures that each block added to the blockchain requires validation from a current CORE holder and computing power, creating a secure, reliable, and decentralized ledger.
Validators in the Core network are responsible for block production and transaction verification, and they are elected based on a combination of staked CORE tokens and hash power, ensuring a balanced and efficient mix of PoW and DPoS. This approach allows even small token holders to participate in network governance and transaction validation, enhancing the network's decentralization and scalability.
Core’s integration with Ethereum Virtual Machine (EVM) and 0x protocol ensures compatibility with Ethereum’s smart contracts and decentralized token exchange, respectively, providing users with flexibility, affordability, and accessibility. Core’s governance is managed by Core DAO, allowing community members to make proposals, vote on suggestions, and enact plans, ensuring a truly decentralized and user-led governance structure.
What Is CORE Token?
CORE is the native utility and governance token of the Core network, with a total supply of 2.1 billion tokens. It is used for paying transaction fees, staking in the Core network, and participating in the governance process of Core DAO. The token distribution is planned, focusing on fair distribution among users, contributors, node mining, reserves, treasury, and relayer rewards, avoiding centralization and ensuring wide community participation.
Core also implements a token burning model, similar to Ethereum’s, where a portion of the block rewards and transaction fees are burned, adding value to the token. The CORE token is available for trading on major crypto exchanges, allowing users to easily participate in the Core DAO ecosystem and benefit from its innovative technology.
Core's Impact on Finance
Core’s unique approach to solving the blockchain trilemma positions it as a significant player in the DeFi and blockchain sectors. Its user-led governance and innovative consensus mechanism can potentially set new standards in security, decentralization, and scalability, attracting attention from DeFi advocates and developers.
Core’s partnership with Bitget, one of the largest centralized exchanges, which involves a $50 million investment in Core DAO’s Ecosystem Fund, underscores its potential to bring decentralization to the masses and support the development of early-stage projects in the blockchain space. This collaboration aims to foster innovation, provide financial aid to potential projects, and support the listing of projects in the CORE ecosystem, allowing millions to participate in and benefit from Core DAO’s revolutionary technology.
What Determines Core's Price?
The price of Core, like other cryptocurrencies, is influenced by a myriad of factors, reflecting the dynamics of the cryptocurrency market. Core's unique approach to blockchain technology, combining Proof of Work and Delegated Proof of Stake through its Satoshi Plus consensus, positions it as a notable entity in the cryptocurrency news, potentially impacting its price. The cryptocurrency price is often subject to market trends, regulatory developments, and the overall sentiment in the cryptocurrency community. Core's partnerships, technological advancements, and adoption rate, especially its collaboration with Bitget, a leading exchange, play a crucial role in its market valuation, making it a focal point for cryptocurrency analysis and discussions among cryptocurrency enthusiasts and experts.
Cryptocurrency price predictions for Core are inherently speculative, given the crypto market's volatility, and should be approached with caution. Investors looking to buy cryptocurrency, particularly Core, should consider various factors, including cryptocurrency security, risks, and the project’s long-term viability. Core’s price is also influenced by its tokenomics, including its supply and demand dynamics, token burning model, and distribution strategy, which are critical aspects in cryptocurrency charts and analysis. The availability of CORE on leading exchanges such as Bitget provides accessibility to a wider range of investors, potentially driving its demand and price.
For those pondering where to buy cryptocurrency like Core and whether it is a good investment, conducting thorough research, staying abreast with cryptocurrency news, and considering advice from cryptocurrency experts are paramount. Core’s innovative solutions to blockchain trilemma and its commitment to decentralization and security make it a noteworthy contender in the crypto space, potentially being the best crypto investment for 2023 and beyond. However, potential investors should employ sound cryptocurrency trading strategies, consider cryptocurrency tax implications, and manage their crypto portfolio effectively to navigate the complexities and volatilities of the cryptocurrency market.
Related Articles about Core
Bitget Makes a Salute to Satoshi’s Ideology Through $50M Commitment in Core DAO Ecosystem Fund
AI analysis report on Core
Today's crypto market highlightsView report
Today's Core price performance summaryView report
Core project analysis reportView report
Live Core Price Today in USD
The live Core price today is $0.8124 USD, with a current market cap of $814.01M. The Core price is up by 1.12% in the last 24 hours, and the 24-hour trading volume is $17.02M. The CORE/USD (Core to USD) conversion rate is updated in real time.
How much is 1 Core worth in ？
As of now, the Core (CORE) price in is valued at $0.8124 USD. You can buy 1CORE for $0.8124 now, you can buy 12.309500072207936 CORE for $10 now. In the last 24 hours, the highest CORE to USD price is $0.8281 USD, and the lowest CORE to USD price is $0.7992 USD.
Core Price History (USD)
The price of Core is -56.69% over the last year. The highest price of CORE in USD in the last year was $2.52 and the lowest price of CORE in USD in the last year was $0.3509.
TimePrice change (%)
Lowest priceHighest price
Lowest priceHighest price 24h+1.12%$0.7992$0.8281
7d+1.49%$0.7519$0.8870
30d+12.31%$0.6564$0.8870
90d+57.35%$0.3509$0.8870
1y-56.69%$0.3509$2.52
All-time-83.03%$0.3434(2023-11-03, 1 years ago )$6.47(2023-02-08, 2 years ago )
What is the highest price of Core?
The all-time high (ATH) price of Core in USD was $6.47, recorded on 2023-02-08. Compared to the Core ATH, the current price of Core is down by 87.44%.
What is the lowest price of Core?
The all-time low (ATL) price of Core in USD was $0.3434, recorded on 2023-11-03. Compared to the Core ATL, the current price of Core is up by 136.60%.
Core Price Prediction
When is a good time to buy CORE? Should I buy or sell CORE now?
When deciding whether to buy or sell CORE, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget CORE technical analysis can provide you with a reference for trading.
According to the CORE 4h technical analysis, the trading signal is Buy.
According to the CORE 1d technical analysis, the trading signal is Buy.
According to the CORE 1w technical analysis, the trading signal is Neutral.
What will the price of CORE be in 2026?
Based on CORE's historical price performance prediction model, the price of CORE is projected to reach $0.7376 in 2026.
What will the price of CORE be in 2031?
In 2031, the CORE price is expected to change by +29.00%. By the end of 2031, the CORE price is projected to reach $1.34, with a cumulative ROI of +65.32%.
Hot promotions
FAQ
Is Core DAO (CORE) a good investment?
ORE token is the native cryptocurrency of the Core DAO blockchain, which is designed as a foundation for the decentralized internet, Web 3.0. The Core DAO blockchain employs a unique consensus mechanism named "Satoshi Plus," combining features from both Proof of Work (PoW) and Delegated Proof of Stake (DPoS). This mechanism aims to ensure the blockchain's security, scalability, and decentralization. Furthermore, the blockchain is Turing-complete, compatible with the Ethereum Virtual Machine (EVM), and leverages the Bitcoin mining hashrate. The CORE token has shown significant price movement and interest on social media since its launch, and it’s listed on various reputable exchanges. However, determining whether it is a good investment involves a thorough analysis of various factors, including market trends, project development, regulatory environment, and individual risk tolerance.
What factors influence CORE token price?
Several factors can influence the CORE token price:
The new consensus mechanism, Satoshi Plus, which is designed to ensure security, scalability, and decentralization.
The supply of Core tokens is limited with a hard cap of 2.1 billion.
A certain percentage of block rewards and transaction fees are burned, similar to Ethereum's "Ultra Sound Money" model, which can potentially influence the token's scarcity and value.
The exact percentage to be burned is determined by the DAO, introducing a governance factor.
The distribution of block rewards over an 81-year period might play a role in influencing its demand and supply dynamics, as this setup incentivizes network participants and compensates miners over an extended time frame.
What is use case of CORE token?
CORE tokens serve several functions:
They play a role in the network's consensus mechanism by being a part of block rewards.
They serve as compensation for miners.
They are subject to burning as part of the network's economic model to maintain scarcity.
They potentially have governance utility since the DAO determines specifics like the burning percentage.
How to Bridge to Core DAO?
Much like other blockchains, Core DAO features its own renowned swap platform where users can buy and sell tokens or projects launched on its chain—IceCreamSwap.
IceCreamSwap stands as a reliable cross-chain DEX, fostering interoperability with the Core EVM blockchain. Renowned for its user-friendly interface and minimal fees for bridging to the network, it serves as a go-to platform for transactions on the CORE DAO chain.
To get started on IceCreamSwap, follow these four straightforward steps:
Connect Your Wallet: Navigate to IceCreamSwap and connect your MetaMask or another preferred wallet.
Select Chains: Choose the chain you are bridging from (e.g., BNB Chain) and select Core DAO as your destination network.
Choose Token and Amount: Select the token (e.g., USDC, USDT, or WETH) and the amount you wish to bridge.
Specify Address and Send: Indicate the address to send the bridged tokens to (with an option to send to a different address), preview the transaction, and click 'Send.' The tokens will arrive in under 5 minutes.
Once you've successfully bridged your tokens to the CORE DAO chain using IceCreamSwap, you can easily navigate to the swap section located in the left corner of the page to trade your favorite tokens/projects.
What are the fees to bridge to Core DAO?
The cost to bridge to Core DAO can fluctuate based on the originating network due to variations in gas and blockchain expenses that arise from the differing consensus mechanisms across blockchains.
BNB Chain stands out as the most economical option for bridging, with the transfer of widely used tokens like USDC or USDT not exceeding $5.
Moreover, the fees incurred during token swaps are generally low, and remarkably so when juxtaposed with those on other chains! At the current rate, where 1 Core is approximately 2 USD, one can execute dozens of transactions for just a few cents!
What makes Core DAO unique?
Some notable characteristics and functionalities of the CORE token include:
Supply Cap: The CORE token has a hard cap of 2.1 billion, introducing scarcity to its economic model.
Token Burning: A certain percentage of all block rewards and transaction fees are burned, a feature inspired by Ethereum's "Ultra Sound Money" model. The exact burning percentage is determined by the DAO.
Block Rewards: The token has an 81-year block reward schedule to incentivize network participants and compensate miners.
Trading: CORE token debuted with an initial price of $4.27 and experienced a significant price surge shortly after its launch. It is listed on several prominent exchanges, including Binance, OKX, MEXC, Huobi Global, and BitMart.
Transfer and Airdrop: Holders and miners of CORE tokens can transfer them to supported cryptocurrency wallets, such as Metamask, and participate in airdrops. Its extremely long term outlook, as well as their dedicated focus on WEB - 3, makes this coin unique in its vision compared to other tokens that have similar features
What is the current price of Core?
The live price of Core is $0.81 per (CORE/USD) with a current market cap of $814,008,790.19 USD. Core's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Core's current price in real-time and its historical data is available on Bitget.
What is the 24 hour trading volume of Core?
Over the last 24 hours, the trading volume of Core is $17.02M.
What is the all-time high of Core?
The all-time high of Core is $6.47. This all-time high is highest price for Core since it was launched.
Can I buy Core on Bitget?
Yes, Core is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy core guide.
Can I get a steady income from investing in Core?
Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.
Where can I buy Core with the lowest fee?
Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.
Core News
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Core Market
View the Core futures trading guide for more insights on Core futures and related data.
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Core holdings distribution matrix
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Investors
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Live coinInfo.name (12) price chart
Global Core Prices
How much is Core worth right now in other currencies? Last updated: 2025-05-25 01:09:42（UTC+0）
CORE to MXN
Mexican Peso
Mex$15.63CORE to GTQGuatemalan Quetzal
Q6.24CORE to CLPChilean Peso
CLP$764.55CORE to UGXUgandan Shilling
Sh2,965.49CORE to HNLHonduran Lempira
L21.15CORE to ZARSouth African Rand
R14.49CORE to TNDTunisian Dinar
د.ت2.43CORE to IQDIraqi Dinar
ع.د1,064.23CORE to TWDNew Taiwan Dollar
NT$24.35CORE to RSDSerbian Dinar
дин.83.91CORE to DOPDominican Peso
RD$47.95CORE to MYRMalaysian Ringgit
RM3.44CORE to GELGeorgian Lari
₾2.23CORE to UYUUruguayan Peso
$33.8CORE to MADMoroccan Dirham
د.م.7.47CORE to AZNAzerbaijani Manat
₼1.38CORE to OMROmani Rial
ر.ع.0.31CORE to KESKenyan Shilling
Sh104.97CORE to SEKSwedish Krona
kr7.74CORE to UAHUkrainian Hryvnia
₴33.72- 1
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How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
5. Select “Mobile Verification” or “PC” based on your preference.
6. Enter your details, submit a copy of your ID, and take a selfie.
7. Submit your application, and voila, you've completed identity verification!
Cryptocurrency investments, including buying Core online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Core, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Core purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
CORE to USD converter
CORE
USD
1 CORE = 0.8124 USD. The current price of converting 1 Core (CORE) to USD is 0.8124. Rate is for reference only. Updated just now.
Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.
Core ratings
Average ratings from the community
4.4
This content is for informational purposes only.
Bitget Insights
AdilHussain376
5h
Pi Network 2025 Prediction: Technical Insights and What’s Ahead
The Pi Network has been under development since 2019, aiming to revolutionize digital currency by making it accessible through smartphones. With its growing user base and progressive technical updates, the project is nearing its most anticipated phase-Mainnet Open Network Launch. Based on available technical details and development patterns, here is a well-informed prediction of what may unfold in the near future for Pi Network.
1. Mainnet Progress: Nearing Open Network
Pi Network is currently in the Enclosed Mainnet phase, where real Pi transactions are only possible within the ecosystem. According to the Pi Core Team's updates and roadmap:
Over 60% of KYC has been completed globally.
Thousands of utility-based apps have been developed in the Pi ecosystem.
Node testing and blockchain stabilization have improved significantly.
Prediction:
If the KYC process and ecosystem maturity continue at the current pace, the Open Mainnet could launch between Q3 and Q4 of 2025. This would allow unrestricted Pi transfers and potential exchange listings.
2. KYC Automation & Scalability
The biggest bottleneck for migration to Open Network has been the KYC verification. In recent updates:
Pi has introduced AI-assisted KYC automation.
Bulk approvals are being tested and implemented.
Countries with high pioneer populations (like India, Nigeria, and the Philippines) are prioritized.
Prediction:
If AI-KYC succeeds and scales globally, 80-90% user migration may be achieved by the end of 2025. This would push the Core Team to release the Open Network more confidently.
3. Pi Blockchain Technical Readiness
Pi uses the Stellar Consensus Protocol (SCP), a proven and lightweight consensus mechanism.
Testnet nodes have been stable with increasing transactions.
The ecosystem now includes Pi Apps, Pi Browser, and Smart Contract functionality (Pi SDK).
Prediction:
The blockchain is technically ready, but the team is taking a phased and secure approach. Once Open Mainnet is live, Pi could become a low-fee, mobile-first smart contract platform, competing with chains like Stellar, Tron, and Solana.
4. Possible Pi Coin Value After Open Mainnet
While Pi Network has not yet listed on any exchanges, price speculation is high. After Open Mainnet:
Pi may start with internal trading within the ecosystem.
If listed on exchanges, the price could open between $5 to $50, depending on supply liquidity and demand.
Long-term valuation will depend on real-world adoption and developer activity.
Prediction:
Initial price after listing may settle around $10–$15 per Pi, with volatile movement based on public sentiment and listings.
5. Integration with Real-World Businesses
Several pilot projects using Pi for:
Digital payments (P2P transactions).
Online services (freelancing, e-commerce).
Local vendors accepting Pi.
Prediction:
If the Core Team facilitates payment gateway tools for merchants and POS integration, Pi could become a real alternative for mobile-based microtransactions in developing economies by late 2025.
Conclusion
The Pi Network has taken a unique and cautious approach to launching a globally distributed cryptocurrency. Based on technical development and ecosystem growth, the Open Mainnet is likely to go live by late 2025. While exact timelines depend on KYC scalability and ecosystem readiness, the signs point toward a technically mature and promising platform.
Whether Pi will succeed as a global currency depends on adoption, utility, and trust. But as of now, it remains one of the most ambitious and community-driven blockchain projects in the world.
$PI
CORE-1.69%
MOBILE-1.32%
sxontz
7h
$SOON Surges Over 9200% in a Stunning Market Debut! 🚀🔥
On the evening of May 23rd, Beijing time, the crypto community witnessed an explosive debut as $SOON launched on Bitget and immediately skyrocketed by an astonishing over 9200%! This massive surge put $SOON at the forefront of market attention, turning heads across exchanges and trading desks worldwide.
What is $SOON?
$SOON is a high-performance Layer 2 (L2) solution designed to unlock the potential of blockchain scalability and adoption. It empowers developers to deploy SVM-based rollups across various Layer 1 (L1) blockchains, enabling faster, cheaper, and more efficient decentralized applications (dApps).
Key Features of SOON:
SVM Rollup Technology: Allows for secure and scalable rollups compatible with multiple blockchains.
Super Adoption Stack: A vision to drive mass adoption of blockchain technology.
Technological Innovations: Includes decoupled SVM, Merklization, and horizontal scaling to optimize performance.
Multiple Products: SOON Mainnet, SOON Stack, and InterSOON make up the core offerings.
Market Stats at Launch:
Market Cap: $78.89M
Fully Diluted Market Cap: $422.31M
24h Volume/Market Cap Ratio: 33.53%
Circulating Supply: 186.90M tokens
Total Supply: 1B tokens
All-Time High (ATH): $19.86 (May 23, 2025)
All-Time Low (ATL): $0.4113 (May 24, 2025)
What Caused the Massive Price Surge?
Several factors contributed to this impressive rally:
Strong Market Demand: High investor interest and hype surrounding SOON’s innovative tech stack.
Strategic Launch: Bitget listing provided strong liquidity and trading volume, fueling momentum.
Layer 2 Solutions Hotspot: As blockchain scalability remains a critical challenge, L2 projects like SOON attract massive attention.
Community & Developer Support: Active communities on Twitter, Reddit, and Discord helped spread awareness rapidly.
How Much Did You Earn?
If you managed to catch the $SOON wave early, you witnessed incredible returns — over 9200% gains in just a few hours! Even those who entered later had opportunities to capitalize on the volatility.
Final Thoughts
The $SOON launch is a textbook example of how Layer 2 blockchain solutions can capture the market’s imagination and deliver spectacular returns. However, as always, crypto trading carries risks, especially with such volatile assets. Make sure to do your own research and trade wisely.
Are you ready for the next big wave? Stay tuned for more updates and trading insights!
SOON+1.19%
CORE-1.69%
Bpay-News
11h
SlowMist releases analysis of the $230 million Cetus theft: hackers used a very small amount of tokens to exchange for huge amounts of liquid assets
SlowMist released an analysis of the $230 million theft of Cetus, which pointed out that the core of this incident was that the attacker carefully constructed parameters to cause overflow but bypass detection, and finally exchanged a huge amount of liquid assets with a very small amount of tokens. The core reason is that there is an overflow detection bypass vulnerability in checkedshlw in the getdeltaa function. The attacker took advantage of this, causing the system to have a serious deviation in calculating how much haSUI actually needed to be added. Because the overflow was not detected, the system misjudged the number of haSUI required, resulting in the attacker only needing a few tokens to exchange a large amount of liquid assets, thus realizing the attack. This attack demonstrates the power of mathematical overflow vulnerabilities. The attacker selected specific parameters through precise calculations and exploited the defects of the checkedshlw function to obtain billions of liquidity at the cost of 1 token. This is an extremely sophisticated mathematical attack, and developers are advised to strictly verify the boundary conditions of all mathematical functions in smart contract development.
CORE-1.69%
CETUS+0.69%
Cointribune EN
13h
Panic On The Markets: Bitcoin Drags Everything Down With Its Fall
In a few seconds, the calm of the markets evaporated. A shocking announcement by Donald Trump was enough to shake the indices… and drag Bitcoin down with them. Let’s look back on an electric day where the flagship cryptocurrency once again showed it is at the heart of global turbulence.
It only took a few lines posted on Truth Social to derail a stock market session that was otherwise calm. Donald Trump, true to his strategy of dramatic moves, announced the implementation of 50% tariffs on all products imported from the European Union, starting June 1st. Within minutes, the markets dropped. And BTC , often the first to move during times of uncertainty, plunged below 108,000 dollars.
Before this warning shot, Bitcoin was moving quietly above 111,000 dollars . Then, in a matter of moments, the tide turned. -3% right after the announcement, a clear drop but without excessive panic.
This type of movement is not uncommon in the crypto market, which is used to shocks. What is surprising is the speed at which the information spreads and traders react: Bitcoin is now at the core of global macroeconomic reactions.
We saw it again on May 23rd: Bitcoin is not an asset isolated from the rest of the world. On the contrary, it acts as an ultra-sensitive sensor of economic and political upheavals. The reaction to Trump’s announcement is not a sign of weakness but of connectivity. In an interconnected world, Bitcoin responds faster than any other asset to systemic tensions.
Unlike traditional markets, weighed down by slow regulations and heavy political decisions, Bitcoin remains nimble. It is precisely this responsiveness that attracts investors. Yes, it is volatile. But in a context where fiat currencies are subject to the whims of governments, this volatility becomes a price to pay for total sovereignty.
The observed drop lasted only a few hours. Already, at the time of writing, the price is rising again, a sign that selling pressure was primarily technical and emotional. Nothing in the fundamentals has changed: supply is limited, overall demand remains high, and institutional interest continues to grow.
In this sense, this sudden drop is not a rejection. It acts as a stress test: Bitcoin demonstrates that it reacts quickly, adapts, and above all, remains at the center of global economic debates. Where other assets collapse in the shadows, Bitcoin falls… then bounces back setting a new record in surprising calm , in full view of all.
BTC-0.28%
CORE-1.69%
Bitcoin_World
18h
Kalshi Revolutionizes Access: Seamless Crypto Deposits Now Live
Are you involved in the world of cryptocurrency and looking for new ways to engage with your digital assets? Get ready for some exciting news! A significant development is unfolding in the prediction market space that directly impacts how you might use your crypto.
Before we dive into the big announcement, let’s quickly touch upon what Kalshi is. Imagine a platform where you can trade on the outcome of future events. Not stock prices or commodities, but real-world occurrences like ‘Will the US GDP grow by X% this quarter?’ or ‘Will a specific weather event happen?’. That’s the essence of Kalshi – it’s a regulated prediction market platform based in the United States.
Prediction markets are fascinating because they allow people to bet (or trade) on the probability of events. The price of a contract on Kalshi reflects the market’s collective belief about the likelihood of that event occurring. They are often seen as a unique way to gauge public sentiment or even hedge against certain risks.
Why does Kalshi matter? As a regulated entity, it brings a level of legitimacy and accessibility to prediction markets that wasn’t widely available before, especially in the US. It operates within a defined legal framework, making it distinct from some more decentralized or less regulated alternatives.
The core news, initially reported by Walter Bloomberg on X, is that Kalshi has officially introduced support for crypto deposits. This means users now have an alternative method to fund their accounts beyond traditional methods like bank transfers or credit cards.
This isn’t just a minor update; it’s a significant bridge being built between the traditional financial world, where platforms like Kalshi operate, and the rapidly growing digital asset ecosystem. For years, accessing platforms like this often required navigating conventional banking rails, which can sometimes be slow or restrictive for those whose wealth is primarily in digital assets.
By integrating crypto deposit functionality, Kalshi is opening its doors wider to the cryptocurrency community, acknowledging the increasing prevalence and utility of digital currencies as a form of value and payment.
Adding the ability to deposit crypto brings several tangible benefits to users interested in participating in the Kalshi prediction market:
While specific steps can vary slightly depending on Kalshi’s implementation, the general process to deposit crypto on a platform like this typically involves the following:
Users should always double-check the deposit address and network before sending funds, as sending crypto to the wrong address or network can result in permanent loss of funds.
The integration of crypto deposits by a regulated platform like Kalshi is a significant indicator of the growing convergence between traditional finance and the crypto world. It signals that mainstream platforms are increasingly recognizing the need to accommodate users who hold digital assets.
For the prediction market sector specifically, this move could attract a new demographic of users who were previously hesitant or found it inconvenient to use traditional funding methods. It could potentially increase liquidity and participation in the markets offered on Kalshi, leading to more robust price discovery on various event outcomes.
This also sets a precedent. As one regulated platform successfully integrates crypto, others in similar or adjacent spaces might follow suit, further blurring the lines between centralized, regulated platforms and decentralized, crypto-native applications.
While exciting, the integration of cryptocurrency deposits isn’t without potential challenges:
Despite these challenges, the benefits of tapping into the vast cryptocurrency user base seem to outweigh the hurdles for Kalshi.
Kalshi adding the ability to deposit crypto is part of a larger, undeniable trend. We are seeing increasing integration points between the crypto ecosystem and traditional financial services. From PayPal and Venmo adding crypto features to major banks exploring digital assets and institutions offering crypto investment products, the walls are coming down.
This move by Kalshi reinforces the idea that cryptocurrency is moving beyond niche speculation and becoming a more fundamental part of the global financial infrastructure. As more platforms allow users to seamlessly deposit crypto, the utility and adoption of digital assets will likely continue to grow.
Kalshi’s decision to support crypto deposits is a forward-thinking move that enhances accessibility and convenience for a significant segment of potential users. By building this bridge, the regulated prediction market platform is not only improving its own service but also contributing to the broader narrative of cryptocurrency integration into mainstream financial activities.
For users, it means a more direct and potentially faster way to fund participation in event markets. For the industry, it’s another clear signal that digital assets are here to stay and are increasingly being recognized as legitimate forms of value by regulated entities. This seamless integration marks an exciting step for both Kalshi and the evolving relationship between prediction markets and the crypto world.
To learn more about the latest cryptocurrency trends, explore our article on key developments shaping cryptocurrency adoption.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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In the last 24 hours, the social media sentiment score for Core was 4, and the social media sentiment towards Core price trend was Bullish. The overall Core social media score was 496, which ranks 144 among all cryptocurrencies.
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