Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold as a hedge against inflation and economic uncertainty. Costco’s Gold Bars Are Selling […]
Election Fever Pushes Polymarket to $533M in September, Setting New Records
Polymarket hit new milestones in September, with trading volume climbing to $ 533.51 million, exceeding August’s $ 472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior month. Polymarket Booms Ahead of U.S. Election: $ 533M in Volume, 90K Users in September …
Election Fever Hits Cryptocurrency: TRUMP and BODEN Tokens Surge
As the 2024 US presidential election approaches, memecoins named after Donald Trump (TRUMP) and Joe Biden (BODEN) are experiencing significant fluctuations, reflecting their popularity and potential as prediction markets. The Trump-inspired TRUMP token has recorded a notable increase of 242.9% in a month and 17.9% in a week, while the Biden-inspired BODEN token surged by […]
ETF Fever Continues, Gensler Warns Against Crypto’s ‘Wild West’ of Permissionless Exchange, Latam Update — Week in Review
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has repeated earlier warnings about crypto “non-compliance” being a global “Wild West,” as speculative fever for BTC exchange-traded funds continues to swelter, with monolithic asset manager Blackrock revealing a plan to seed its own ETF with $ 10 million on Jan. 3. This and more …