In the past 24 hours, the total network contract liquidation was 226 million US dollars, both long and short positions were liquidated

The post Dogecoin Rally Sparks Meme Coin Frenzy appeared on BitcoinEthereumNews.com. The crypto market is once again buzzing with excitement as meme coins prepare for what could be another explosive rally. Meme coin market capitalization rose 7% in the past 24 hours, with trading volume up 50%, according to CoinMarketCap, as both whales and retail traders return. This surge of momentum has many calling it the beginning of a new “meme season.” Historically, when liquidity floods into meme coins, the strongest projects have delivered outsized gains. Today, one project in particular is drawing attention: Maxi Doge. Source – Crypto ZEUS YouTube Channel The Doge Narrative Remains Strong Much of the current excitement stems from Dogecoin’s performance. With a spot ETF under consideration, $DOGE has rallied roughly 34% and is approaching positive territory for the year. Technically, Dogecoin has been trending upward since late 2023, and maintaining levels above $0.29-$0.30 could pave the way to $0.35. In a strong bull market, even $2 remains possible. This momentum highlights why tokens associated with the Doge brand carry significant cultural and market influence. Projects such as Shiba Inu, Floki, Dogwifhat, Bonk, and Mog Coin have historically been first movers when meme coin cycles return, a trend also reflected in the recent price movements reported on CoinMarketCap. That is why traders are closely watching Maxi Doge, which brands itself as “Doge on steroids” with the goal of amplifying the meme coin narrative. Maxi Doge Presale Hints at 10x to 15x Growth Potential The presale for Maxi Doge is proving successful, having already raised over $2.3 million of its $2.5 million target. Once this phase ends, token prices reset higher, giving early participants an immediate advantage. This presale structure mirrors other meme coins that later performed strongly once listed. If Maxi Doge enters exchanges reflecting its roughly $2 million presale raise and follows the trajectory of…

The post Kalshi Prediction Markets Are Pulling In $1 Billion Monthly as State Regulators Loom appeared on BitcoinEthereumNews.com. In brief Kalshi reached $1 billion in monthly volume and now dominates 62% of the global prediction market industry, surpassing Polymarket’s 37% share. Four states including Massachusetts have filed lawsuits claiming Kalshi operates as an unlicensed sportsbook, with Massachusetts seeking to permanently bar the platform. Kalshi operates under federal CFTC regulation as a designated contract market, arguing this preempts state gambling laws that require separate licensing. Prediction market Kalshi just topped $1 billion in monthly volume as state regulators nip at its heels with lawsuits alleging that it’s an unregistered sports betting platform. “Despite being limited to only American customers, Kalshi has now risen to dominate the global prediction market industry,” the company said in a press release. “New data scraped from publicly available activity metrics details this rise.” The publicly available data appears on a Dune Analytics dashboard that’s been tracking prediction market notional volume. The data show that Kalshi now accounts for roughly 62% of global prediction market volume, Polymarket for 37%, and the rest split between Limitless and Myriad, the prediction market owned by Decrypt parent company Dastan. Trading volume on Kalshi skyrocketed in August, not coincidentally at the start of the NFL season and as the prediction market pushes further into sports.  But regulators in Maryland, Nevada, and New Jersey have all issued cease-and-desist orders, arguing Kalshi’s event contracts amount to unlicensed sports betting. Each case has spilled into federal court, with judges issuing preliminary rulings but no final decisions yet. Last week, Massachusetts went further, filing a lawsuit that calls Kalshi’s sports contracts “illegal and unsafe sports wagering.” The 43-page Massachusetts lawsuit seeks to stop the company from allowing state residents on its platform—much the way Coinbase has had to do with its staking offerings in parts of the United States. Massachusetts Attorney General…

PANews reported on September 19th that Christine Kim, former vice president of research at Galaxy Digital, stated on the X platform that today's Ethereum developer meeting, ACDC 165, reached a key decision, confirming the schedule for the Fusaka public testnet and the BPO hard fork. Developers agreed on the upcoming schedule for Fusaka: Holesky upgrade on October 1st, Sepolia upgrade on October 14th, Hoodi upgrade on October 28th, and mainnet upgrade on December 3rd. The exact date, time, and epoch number will be reconfirmed in the coming days. Developers also agree that, based on some preliminary analysis of Fusaka Devnet-5, blob capacity should more than double within two weeks of Fusaka's activation. Initially, Fusaka will not make any changes to blob capacity. After the first week, the first BPO fork will activate, increasing the target/maximum blob count from 6/9 to 10/15. A week after the first BPO fork, the second BPO fork will activate, further increasing these values to 14/21.