Tag: World

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Crypto Mergers and Acquisitions Forecasted to Increase During Second Trump Term

Crypto mergers and acquisitions are expected to increase under the potential second term of President Donald Trump. Following his recent election win, Trump has made promises to the crypto community, including the removal of...
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Predicting a Republican-Controlled House in 2024: Polymarket Analysis

Polymarket, a prediction market based on cryptocurrency, has been gaining attention for its accurate prediction of the presidential election results. According to Polymarket, the Republicans are highly likely to retain control of the House...
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Tether’s Trade Finance Division Successfully Funds First Oil Deal with USDT

Tether's trade finance division recently made headlines by successfully funding its first oil deal using USDT, the company's stablecoin. The $45 million crude oil transaction took place in the Middle East, marking a significant...
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Federal Reserve Cuts Rates, Bitcoin Price Hits Record High Amid Powell’s Assurance on Policy

The U.S. Federal Reserve recently made a decision to reduce its benchmark fed funds rate by 25 basis points to 4.5%-4.75%, in line with expectations from the market. This move follows similar actions taken...
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Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts

Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
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Snap Election Called by German Chancellor Scholz after Coalition Government Collapse

German Chancellor Olaf Scholz has announced a snap election after his three-party coalition government collapsed. Scholz is pushing for a vote of confidence to take place by January, with the goal of moving the...
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Bitcoin Price Surges Over $75K Amid Trump’s Early Voting Domination

Bitcoin's price surged over $75,000 on various crypto exchanges in Asia as favorable election results for Republican Donald Trump began to come in. Trump's odds of winning the U.S. presidency on the Polymarket betting...
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Bitcoin Surges 10% Against Mexican Peso Amid ‘Trump Trade’ Boost; Gold Stable

Bitcoin has seen a significant surge against the Mexican Peso (MXN) due to the "Trump trade" boost. The Republican candidate, Donald Trump, has expressed his intention to impose tariffs on Mexico, leading to a...
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Record Levels of Polymarket Open Interest Surged on Election Day

Polymarket experienced a surge in open interest to a record high of $463 million on Election Day as users bet on the race between former President Donald Trump and Vice President Kamala Harris. This...
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Bitcoin Hits All-Time High as Trump’s Polymarket Odds Surge to 97%

Bitcoin has made headlines once again by reaching a new all-time high of $74,870.20, showcasing its continued growth and popularity in the financial market. This surge in price comes at the same time as...