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CoinDesk 20 Performance Update: Uniswap (UNI) Drops 7%

In the latest CoinDesk 20 performance update, Uniswap (UNI) has fallen by 7%, alongside a general decline in all constituents of the index. NEAR Protocol (NEAR) also showed underperformance, dropping by 6.4%. Currently, the CoinDesk 20 index is trading at 3615.74, reflecting a decrease of 2.6% since the previous market close. None of the 20 assets in the index have recorded gains, with UNI and NEAR leading the laggards. The market appears to be under pressure, influenced by factors such as Fed caution and impending options expiry. Leaders in the market include HBAR and BCH, which experienced minor declines of 0.6% and 0.7%, respectively. This general downturn paints a challenging landscape for cryptocurrencies as all constituents face a downward trajectory in performance, suggesting a need for investors to be cautious in the current climate.

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What DraftKings and FanDuel Prediction Market Plays Mean for the Sports Betting Biz

Sports betting giants FanDuel and DraftKings are shifting their strategies to compete with rapidly growing prediction markets, which saw weekly volumes exceed $2 billion. These prediction markets are allowing users to bet on various outcomes beyond sports, including politics and financial indicators, and could be worth $95.5 billion by

What DraftKings and FanDuel Prediction Market Plays Mean for the Sports Betting Biz

FanDuel and DraftKings, two titans of the sports betting industry, launched their own prediction markets in 2025 to compete with emerging leaders like Polymarket and Kalshi. Despite their entry, analysts from Bank of America expressed concern that they may be too late to make a significant impact. The prediction market

What DraftKings and FanDuel Prediction Market Plays Mean for the Sports Betting Biz

In 2025, sports betting giants FanDuel and DraftKings launched their own prediction markets as a response to the growing competition from players like Polymarket and Kalshi. However, analysts from Bank of America have expressed concerns about these companies being too late to secure a significant market share, downgrading their stock

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