Day: April 18, 2026

X’s Cashtags Feature Drives $1B Trading Volume

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Social media platform X has already generated roughly $1 billion in trading volume from its new Cashtags feature, which allows users to view stock and crypto data directly from the app. In a post to X on Friday, the company’s head of product, Nikita Bier, said the estimated $1 billion in trading volume was reached after launching on Tuesday night, citing data aggregated from X’s trading pilot. Based on aggregated data from our trading pilot, X has driven a estimated $1 billion in trading volume globally since launching on Tuesday…

Iran declares Strait of Hormuz open, oil prices fall over 10%

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Iran’s announcement that the Strait of Hormuz is “completely open” has sent oil prices down over 10%, and prediction markets on Strait traffic normalization are now repricing. The April 30 normalization market sits at 64.5% YES, down from 60% a day ago. Market reaction The drop in April 30 odds from 60% to 64.5% suggests traders are skeptical that Iran’s declaration alone will produce full normalization on that timeline. The May 31 market is stable at 87% YES, meaning traders still expect normalization but on a longer timeline. Combined 24-hour…

Deutsche Börse invests in Kraken; Bitcoin faces miner, Bhutan sell-offs

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Deutsche Börse’s investment in Kraken and a UK firm tokenizing a £50B fund drew cheers, yet Bitcoin faces headwinds from miner and Bhutan selling. Bitcoin above $62,000 on April 18 is at 99.9% YES. ## Market reaction Bitcoin above $68,000 on April 16 sits at 99.9% YES. The broader Bitcoin price in April market shows increased probability for a dip to $60,000, with bearish sentiment building around the miner and Bhutan sell-offs. ## Why it matters Market liquidity is thick. Daily USDC volume in the April 18 market is $89,134,…

Worldcoin Falls 13% as World Expands Iris-Scanning Tech

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Worldcoin fell 13.4% to roughly $0.28 on Friday as World, the identity-focused company led by OpenAI CEO Sam Altman, unveiled several new integrations for its “proof of human” stack, which uses iris-scanning technology to verify identities. Video conferencing tool Zoom is integrating World’s Deep Face authentication to prevent deepfakes, while electronic signature platform Docusign is adding World’s ID verification tech to digital agreements, World said on Friday. Dating app Tinder is also expanding its World ID verification to US users. “As AI agents increasingly act on behalf of real people, the…

US prohibits Israel from bombing Lebanon during 10-day ceasefire

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The United States has prohibited Israel from bombing Lebanon during the recently brokered 10-day ceasefire. The odds for Israel announcing a suspension of its Lebanon offensive by April 30 are at 96.2% YES, up from 87% just 24 hours ago. Market reaction The April 30 sub-market moved the most. A single 9-point spike at 1:17 PM drove the odds from 65% to 74% in minutes. The May 31 and June 30 markets are holding at 97.8% and 98.4% YES, respectively. Trading volume in the suspension market is $339,785 in USDC…