Business

Hyperliquid takes a turn at Polymarket with bets on macro results

Business / Leave a Comment

The decentralized Hyperliquid platform now competes with established betting platforms such as Polymarket, but with a differentiated bet resolution mechanism. The leading decentralized exchange has expanded its HIP-4 results contracts beyond crypto price milestones to real-world events. This native prediction market infrastructure allows users to trade macro contracts, such as inflation data and interest rate […]

Hyperliquid takes a turn at Polymarket with bets on macro results Read More »

At $318 billion, the stablecoin’s market value exceeds the foreign exchange reserves of 95 countries

Business / Leave a Comment

The combined market value of all stablecoins has reached an all-time high of $322 billion, eclipsing the foreign exchange reserves of 95 countries, including several developed countries. Currently, their combined market capitalization is greater than the foreign exchange reserves of Poland, Thailand, Mexico and developed economies like the United Kingdom, Canada and even the oil

At $318 billion, the stablecoin’s market value exceeds the foreign exchange reserves of 95 countries Read More »

XRP falls below $1.35 after triangle breakout focuses on $1.30 support

Business / Leave a Comment

XRP spent weeks tightening in a tight range, but the market finally began to decline after another failure above resistance near $1.36. The move is important because repeated tests of support tend to weaken buyers over time, and XRP is now heading back toward the same $1.30 area that traders have treated as the dividing

XRP falls below $1.35 after triangle breakout focuses on $1.30 support Read More »

HYPE briefly overtakes Dogecoin, privacy tokens slide as US strikes on Iran shake markets

Business / Leave a Comment

Privacy tokens have returned the largest share of gains that crypto markets were holding on to. Zcash (ZEC) fell 5.2% over 24 hours to $619, the biggest decline among the top 20 by market cap, although the token is still up 8.2% over the past seven days, according to CoinDesk data. Monero (XMR) fell 4%

HYPE briefly overtakes Dogecoin, privacy tokens slide as US strikes on Iran shake markets Read More »

Crypto Accelerates as Chances of US-Iran Peace Deal Increase

Business / Leave a Comment

Cryptocurrency prices were slightly higher on Monday amid growing odds in markets predicting a near-term peace deal between the United States and Iran, as Iranian negotiators arrived in Doha for talks. Bitcoin gained 1.6% in 24 hours to $77,500, ether rose 1.4% and the broader CoinDesk 20 (CD20) added 1.56%. Polymarket traders pushed the likelihood

Crypto Accelerates as Chances of US-Iran Peace Deal Increase Read More »

NEAR Price Rise Accelerates as Cross-Chain Product Activity Fuels Another 15% Jump

Business / Leave a Comment

The NEAR protocol token has climbed 15% in the past 24 hours to $2.8, extending a month-long rally that has seen NEAR’s price double over the past month. The move comes amid the success of NEAR Intents, the network’s cross-chain transaction system. The product allows users to request the desired outcome, such as trading USDC

NEAR Price Rise Accelerates as Cross-Chain Product Activity Fuels Another 15% Jump Read More »

Indonesia blocks Polymarket, calling online gaming prediction market disguised

Business / Leave a Comment

Indonesia’s Ministry of Communication and Digital Affairs has blocked access to Polymarket, saying the crypto-based prediction market amounts to online gambling under local law. The ministry said it had cut off access to the platform and was searching affiliated social media accounts for possible restrictions on other digital channels. Alexander Sabar, general director of digital

Indonesia blocks Polymarket, calling online gaming prediction market disguised Read More »

Vitalik Biterin breaks silence on Ethereum Foundation amid community frustration

Business / Leave a Comment

Ethereum co-founder Vitalik Buterin said the Ethereum Foundation would choose “longevity over breadth,” reduce ETH sales, and focus on CROPS: censorship resistance, capture resistance, openness, privacy, and security. In a lengthy article on Nearly 90% of its own net worth is in ETH, with the remaining $40 million in onchain fiat already earmarked for biotech,

Vitalik Biterin breaks silence on Ethereum Foundation amid community frustration Read More »

Testing PCE, Jobless Claims and Housing Data Fed Lowers Hopes: Crypto Week Ahead

Business / Leave a Comment

The coming week appears to be dominated by the macroeconomic situation, with US economic data representing the main calendar risk. Inflation, growth, jobless claims and housing numbers all land before the open, giving markets a glimpse of how much room the Fed has to cut rates. Forecast markets and the CME’s FedWatch tool currently indicate

Testing PCE, Jobless Claims and Housing Data Fed Lowers Hopes: Crypto Week Ahead Read More »

Scroll to Top