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Polymarket Confirms Job Cuts as Kalshi Piles On the Pressure

Polymarket is cutting staff and contractors in a business reshuffle as rival Kalshi expands its funding, product lineup and distribution partnerships.

Nov 12, 2026 2 min read
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Blue Polymarket sign with the company logo on a pole against a cloudy sky.

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Global Crypto Market Cap

$2.68 Trillion

+2.48% (24h)

BTC Dominance 51.73%
ETH Dominance 12.10%
Fear & Greed Index 64 Greed
Market Pulse As of Nov 10, 2026
BTC ETF AUM
Steady
$91.4B

Combined AUM of US spot Bitcoin ETFs.

Open Interest
Steady
$48.0B

BTC futures + perps OI, all venues (USD).

Stablecoin Supply
Elevated
-$4.7B 7D

Global stablecoin circulating supply change (7D).

Volume Trend
Below Avg
-15.0%

24h volume $60.4B vs yesterday.

Top Gainers

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    PIEVERSE Pieverse
    $2.06 +14.51%
  • ​​Stable logo
    STABLE ​​Stable
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  • Collector Crypt logo
    CARDS Collector Crypt
    $0.2284 +10.77%
  • edgeX logo
    EDGE edgeX
    $0.3883 +9.61%

Top Losers

  • Bitway logo
    BTW Bitway
    $0.9772 -10.21%
  • Rain logo
    RAIN Rain
    $0.004163 -9.50%
  • Arbitrum logo
    ARB Arbitrum
    $0.1622 -8.72%
  • Monero logo
    XMR Monero
    $550.94 -7.59%

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