Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact
The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market…
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downturn
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Bitcoin Miners Navigate Record Challenges and August’s Dual Difficulty Hike
Bitcoin miners faced another uphill battle this month, marking the second straight increase in mining difficulty. On August…
Legendary Investor Jeremy Grantham Predicts Inevitable US Recession, Challenges Fed’s Forecast
A significant portion of investors and financial organizations surmise that the U.S. could avert a recession, but Jeremy…
Amid Gold’s Recent Slide, Experts Predict a Shining Future with Potential Highs Beyond $2,500 by 2024
In recent times, gold and silver have faced a downtrend, with gold losing over 2% of its value…
Navigating the Storm: Defi’s Precarious Position Amid a String of Exploits and Market Declines
In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, including Curve Finance’s staggering $62 million…
Poll: Majority of Americans See US Economy in Decline
Despite months of increasingly positive economic indicators, a majority of Americans still believe the economy is worsening, according…
Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July
As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates…
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in…
Macro Strategist David Hunter Predicts Global Markets’ ‘Melt Up’ Surge in Q4 2023, Followed by Impending ‘Bust’
David Hunter, the chief macro strategist at Contrarian Macro Advisors, predicts an interesting development for global markets in…
Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion
The overall value of the crypto economy has dropped by more than 5% against the US dollar in…