Cryptocurrency Market Update: Key Developments Last Week

Polymarket has made significant strides in recent weeks, surpassing Kalshi in weekly trading volume for the first time since November.

AbraxasCapital has increased its short positions in gold to approximately $5.14 million, a substantial increase.

MagicEden's CEO announced that the platform will discontinue support for Ethereum and Bitcoin NFT marketplaces as it shifts focus to prediction markets.