The prediction market is experiencing explosive growth, with monthly trading volume surging 130 times to $13 billion in two years, marking its transformation from a fringe activity into a large-scale financial sector.
JinseFinanceIn this week, as Bitcoin fell below $82,000 and market risk appetite cooled rapidly, the Base ecosystem witnessed a less-than-exciting but controversial experiment.
JinseFinanceDespite overall outflows in digital asset investment products, XRP defied the trend with $1.3 million in inflows, showcasing resilience and continued appeal amid market uncertainty.
EdmundStarknet unveils STRK token airdrop, fostering decentralization with governance power. 1.3M wallets eligible. Rewards for early contributors and stakers.
Xu LinCardano experiences a surge in whale transactions, totaling $13 billion, highlighting a potential shift in investor behavior. Despite the notable activity, ADA's price reacts mildly, facing challenges as it dips below critical support levels. The interplay between substantial transactions and ADA's price response raises intriguing questions about the underlying dynamics at play.
Cheng YuanGlobal adoption of CBDCs, with over 130 countries involved, poses a significant threat to the US dollar's dominance in international finance. As the BRICS alliance advances alongside CBDC developments, 2024 emerges as a pivotal year defining the dollar's future amidst escalating de-dollarization efforts.
JoyTelcoin DeFi platform faces a $1.3M crypto asset loss due to an exploit, prompting a halt in app operations. The incident triggers a 42% decline in TEL token value, causing concerns in the broader cryptocurrency market. Telcoin's response and security measures will impact user trust and market sentiment.
Cheng YuanTelcoin app compromised, $1.3 million in crypto stolen; TEL value plunges.
BrianJinseFinanceFormer FTX CEO Sam Bankman-Fried said he was “wrong” in his estimates of the crypto exchange’s leverage prior to its collapse.
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