News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Trump desires low interest rates, but the Federal Reserve chair candidates he favors advocate for restricting the central bank's primary tool for achieving low rates—quantitative easing.
Options market pioneer Cboe has announced its entry into the prediction market. Instead of following the sports trend, it is firmly taking a financially sound path and plans to launch its own products linked to financial outcomes and economic events.
The $35 billion includes ETPs and ETFs with $33.9 billion in assets under management (mainly Bitcoin, Ethereum, and SOL related products), as well as $1.1 billion in private funds.
A wave of risk is sweeping across global assets, with US stocks plunging simultaneously.
A quick overview of the auction details and tokenomics.
Benchmark, which has previously invested in Uber, X, and Instagram, is making another move: betting on the minimalist social crypto trading app fomo.
- 09:47Data: RIF rises over 7.9%, several tokens rebound after bottoming outAccording to ChainCatcher, spot market data from a certain exchange shows a bullish recovery in the market. RIF has risen by 7.91% in the past 24 hours. At the same time, tokens such as ALICE, CRV, INJ, NMR, YGG, and MOVR have all rebounded from lows, with gains of 5.54%, 6.57%, 5.1%, 6.25%, 7.05%, and 5.09% respectively. On the other hand, MTL and RIF have experienced a "rally and pullback" pattern, with 24-hour declines of 5.36% and 6.67% respectively.
- 09:47The Federal Reserve faces a tough decision at the December meeting, with the probability of a rate cut being about equal.According to ChainCatcher, citing Golden Ten Data, Aaron Hill, Chief Market Analyst at FP Markets, stated in a report that the recent government shutdown has resulted in a lack of official data, posing a challenging dilemma for the Federal Reserve's December policy meeting. There are internal divisions and continued caution within the Federal Reserve. Although some officials support rate cuts, "a meaningful hawkish repricing has already occurred." LSEG data shows that the probability of a rate cut versus maintaining current rates in the money market is roughly equal at present.
- 09:43The 169th Ethereum ACDC Meeting: The second blocks-only parameter hard fork launched on the Hoodi testnet is progressing smoothlyForesight News reported that Christine Kim, Vice President of Research at Galaxy, published a summary of the 169th Ethereum Core Developer Consensus (ACDC) call. This week, developers stated that the second blocks-only parameter (BPO) hard fork launched on the Hoodi testnet is progressing smoothly; all client teams are close to completing interoperability test preparations, with Teku’s ePBS implementation being the closest to running on Kurtosis; Ethereum advocate and ETH investor Ryan Berckmans opposed the inclusion of the Fork Choice Inclusion List (FOCIL) in the Glamsterdam merge.