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Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction

2.9.2024
On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently...

Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low

1.9.2024
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops...

Ethereum’s Gas Fees Remain Low While Network Turns Inflationary

31.8.2024
According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting around 0.972 gwei as of press time. Additionally...

Report: Ubisoft's Once-Popular FPS Is Running Out Of Time

30.8.2024
Ubisoft’s big Call of Duty-like FPS, XDefiant, might only have until Season 3 to turn things around, increase its player count, and start making more money or the publisher could end post-launch updates and effectively kill the FPS. Read more

Sony's Latest Big Game, Concord, Is Flopping

26.8.2024
Sony’s latest big video game, Concord, launched last week on PS5 and PC. And while the online shooter is fun and looks very expensive, it seems very few people are playing it based on some truly abysmal numbers and stats. Read more

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