Core Insights - Crypto trading activity on prediction markets, particularly Polymarket, has seen a significant decline in high-conviction trading since early January after peaking in late December and early January [1][2] Group 1: Trading Activity Trends - Daily active crypto makers on Polymarket peaked at around 40,000–45,000 wallets in early January, following a previous peak in late December when activity reached the high-30,000 range [2][3] - After January 9, daily crypto maker activity consistently declined, falling to the low-20,000 range by mid-January, with a sharp drop at the end of the observation period [3] Group 2: Bitcoin Market Engagement - Bitcoin-focused markets exhibited a similar trend, with active Bitcoin makers dropping to 2,875 wallets by January 18, down from five-figure levels earlier in the period [4][5] - This decline indicates that the slowdown in trading activity is not confined to niche crypto bets or altcoins but extends to Bitcoin, which is the most liquid category on the platform [5] Group 3: Overall Market Dynamics - Polymarket remains the dominant platform in terms of weekly prediction market users, significantly outpacing smaller competitors, with total weekly users reaching the high-200,000s to low-300,000s during peak weeks [6][7] - Despite the elevated total user numbers, the composition of activity has shifted, with a decline in maker participation in crypto markets, suggesting that traders are becoming more selective about their capital commitments [7]

Someone hacked @heyibinance’s WeChat account. Do not buy meme coins from the hackers posts.Web 2 social media security is not that strong.Stay safu! ...

Core Viewpoint - Anthony Scaramucci predicts that meme coins will trend toward zero due to their lack of utility [1][2]. Group 1: Meme Coins - Scaramucci expresses skepticism about the utility of meme coins, specifically mentioning the Official Trump token as an example [2]. - He emphasizes that while he supports the right to trade meme coins, he believes their overall trend will decline [2][3]. Group 2: Other Cryptocurrencies - Scaramucci regards Bitcoin as a "digital property" and "digital gold," affirming its established reputation [3]. - He is optimistic about Ethereum and Solana, indicating a positive outlook on their future [4]. - SkyBridge Capital's strategy involves selecting three to five Layer-1 tokens expected to gain adoption and utility over the next five years [3].