Polymarket users outperform economists in predicting US rate cut

[ad_1] Key Takeaways 54% of Polymarket users correctly predicted the 50 bps Fed rate cut, outperforming 92% of economists. The crypto market value grew by 3.7% following the rate cut, while equities... Read more »

Sui Network TVL soars to record high, SUI price up 30%

[ad_1] Key Takeaways Sui Network’s TVL surged to $810.5 million, a 283% increase year-to-date. SUI token price increased by over 30% in the past week, now trading at $1.3. Share this article... Read more »

Powell downplays recession concerns amid solid economic growth

[ad_1] Key Takeaways Powell remains confident that the economy will be resilient despite external risks. Inflation nears Fed’s target, prompting a cautious but flexible policy response. Share this article Federal Reserve Chair... Read more »

Binance urges WazirX to compensate users after $235M hack

[ad_1] Key Takeaways Binance asserts it has never owned or controlled WazirX, countering claims from the Indian exchange. Binance urges WazirX to compensate users affected by the $235 million hack. Share this... Read more »

dYdX prepares to bring perpetual futures to prediction markets

[ad_1] Key Takeaways DYdX is introducing perpetual futures in prediction markets as part of its dYdX Unlimited upgrade. The initiative includes a master liquidity pool, MegaVault, to enhance market liquidity. Share this... Read more »

Polymarket traders see 99% chance of rate cuts this week

[ad_1] Key Takeaways Expected rate cuts could drive Bitcoin prices higher as investors seek riskier assets. Share this article Polymarket traders are overwhelmingly betting on a Federal Reserve rate cut this week,... Read more »

Bitcoin inflows surge $436 million as Ethereum funds face outflows

[ad_1] Key Takeaways Digital asset investment products saw $436m inflows after a period of $1.2bn outflows. Bitcoin received $436m inflows, while Ethereum faced $19m outflows amid L1 profitability concerns. Share this article... Read more »

Grayscale rolls out XRP trust in the US

[ad_1] Key Takeaways Grayscale’s XRP trust targets accredited investors, which is different from an ETF. The company has been instrumental in bringing crypto ETFs to Wall Street. Share this article Grayscale, the... Read more »

ENS token surges after PayPal, Venmo adopt Ethereum Name Service

[ad_1] Key Takeaways Ethereum Name Service’s token value increased by 7.5% following PayPal and Venmo’s adoption. Venmo and PayPal users in the US can now send crypto using readable ENS names instead... Read more »

Friend.tech’s FRIEND token tanks to record low as team abandons control of smart contracts

[ad_1] Key Takeaways FRIEND token’s value dropped over 30% in the last 24 hours. Friend.tech transferred smart contract control to a burn address, ending platform updates. Share this article Friend.tech’s FRIEND token... Read more »