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CoinDesk 20 Performance Update: Uniswap (UNI) Drops 7% as All Constituents Decline

In the recent CoinDesk 20 Performance Update, Uniswap (UNI) experienced a significant decline, dropping 7% along with all other constituents of the index. This downturn was part of a broader trend, as the CoinDesk 20 overall plummeted by 2.6%, settling at 3615.74 by the close of trading on Wednesday. Other notable underperformers included NEAR Protocol (NEAR), which fell by 6.4%. Despite these losses, HBAR and BCH were among the least affected, with minor decreases of 0.6% and 0.7%, respectively. Currently, no assets within the index has shown positive trading performance, marking a challenging period in the crypto market. The report emphasizes the need for market participant awareness, as volatility continues amidst overarching economic uncertainties.

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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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