Polymarket Reopens U.S. Access Following CFTC Approval for Regulated Prediction Markets
Polymarket's U.S. Relaunch: Polymarket has begun restoring access to its platform for American users after nearly four years, starting with a phased rollout for those on its waitlist, initially focusing on sports markets.
Regulatory Background: The company's return follows a regulatory overhaul after being charged by the CFTC in 2021 for operating unregistered markets, leading to a settlement and restructuring of its business.
CFTC Approval: A significant milestone was reached when the CFTC approved a revised order for Polymarket's affiliated entity, allowing it to operate as a regulated exchange for U.S. users under federal derivatives rules.
Competitive Landscape: With its re-entry, Polymarket joins a competitive market for regulated prediction platforms in the U.S., where other operators like Kalshi are gaining traction among traders seeking compliant event contracts.
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Technical Analysis for DYDX
Technical Sentiment Analysis for dYdX (Native) (DYDX). As of , dYdX (Native) (DYDX) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DYDX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DYDX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
dYdX (Native) (DYDX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0743 | 0.0847 | 0.0946 | 0.105 | 0.115 | 0.125 | 0.135 |
| Fibonacci | 0.0847 | 0.0924 | 0.0972 | 0.105 | 0.113 | 0.118 | 0.125 |
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