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UBS Urges Caution Despite Positive US Economic Data
18.8.2024
UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially...
Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut
18.8.2024
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors...
Meme Coins Lose Steam: $20 Billion Wiped From Market Since May
18.8.2024
During the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the hype appears to be cooling off as we move into the latter part of the year. According to Google Trends, searches for “meme coins” have significantly...
Polymarket Open Interest Rebounds as August Set to Challenge July’s Record
18.8.2024
Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month. Polymarket’s August Performance Signals Potential...
The Best Indies To Play This Summer, The Best Star Wars Games To Snag On Sale, And Other Tips And Recommendations
18.8.2024
We’re in the thick of summer right now, and while many of us are already looking forward to the cooler days and changing colors of fall, we shouldn’t miss the chance to snag some great games on the cheap as various platforms run their big summer sales. We’ll clue you in on some of the biggest deals...
Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash
18.8.2024
Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger...
Bitcoin Spot ETFs gain investor interest despite August outflows
17.8.2024
The positive inflows into ETFs from major players like Fidelity and BlackRock highlight the growing confidence in these investment vehicles
Spot Bitcoin ETFs attract investor interest despite August outflows
17.8.2024
The positive inflows into ETFs from major players like Fidelity and BlackRock highlight the growing confidence in the investment vehicles
Lower interest rates could be the key to DeFi summer: HashKey CEO
16.8.2024
Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence
Lower interest rates could be the key to DeFi summer: HashKey CEO
16.8.2024
Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence
Rogue One Will Be A 'Different' Movie After Andor Season 2, Says Diego Luna
16.8.2024
The Star Wars: Rogue One prequel series Andor is set to return with its second season in 2025. And its main star says that when it finally returns, it will make Rogue One feel like a “different film.” Read more
Is Bitcoin price going to crash again?
16.8.2024
Most long-term Bitcoin holders are currently in a profitable position, which heightens the likelihood of profit-taking and sending BTC prices lower
WWE SmackDown's Randy Orton Played Elden Ring For 600 Hours And Is Only Slightly Ashamed
16.8.2024
“Legend Killer” and wrestler Randy Orton apparently spent 600 hours doing precisely that in Elden Ring, FromSoftware’s hit open world action-RPG about mastering epic boss battles. The WWE star confessed to his obsession with the 2022 GOTY during a recent interview with colleague Cody Rhodes. Read...
Institutions not so interested in Bitcoin at $58K, metric shows
16.8.2024
10x Research’s Markus Thielen says there’s one stablecoin metric that is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now
XRP Set to Skyrocket Amid Global Shifts and Growing Interest in CryptoTradingFund
16.8.2024
In 2024, Russia declared its reduction to depend on the US Dollar in international trade, which is part…
Bitcoin has room to fall amid ‘unusual’ open interest: CoinGlass
16.8.2024
Total open interest on Bitcoin futures hit $29 billion on Aug. 16 despite a decline in Bitcoin’s price
Goldman Sachs Joins Morgan Stanley in Holding Bitcoin ETFs as Institutional Interest Grows: 13F Wrap
15.8.2024
Investment advisors including Wall Street giants Goldman Sachs and Morgan Stanley were among the biggest holders of spot ETFs as of June 30 as clients amped up their crypto allocations to a total of $4.7 billion
Top Crypto Startup Drove Other Projects' Airdrops to Its Employees
15.8.2024
Eigen Labs circulated a list of team members' wallet addresses to EigenLayer ecosystem projects that were preparing to issue tokens. The firm later banned the practice, citing potential conflicts of interest
Fed rate cuts are not a sure thing — What does this mean for Bitcoin?
15.8.2024
A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks
Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession
15.8.2024
In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor market still shows strength, suggesting the economy...