According to recent data, Polymarket’s October trading volume has already eclipsed September’s figures, with two weeks still remaining in the month. Impressively, the volume has hit a record high, approaching $ 1 billion in just over two weeks, ahead of the 2024 U.S. election. $ 917M and Growing: Analyzing Polymarket’s Record-Breaking October At …
Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want to be left behind if and when crypto takes off,” he stressed. “There is a lot of dry powder on the sidelines.” He predicted: “As […]
Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $ 1 per transaction to $ 5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $ 4 on Sept. 23, the average cost per transfer reached 0.0027 ETH …
Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects […]
JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods and suggested the possibility of a recession remains significant. Jamie […]