As of December 1, 2024, the stablecoin market cap reached $193 billion, an increase of 48% over the previous year. Forecasts suggest that stablecoins could surge to $3 trillion by 2030. Additionally, stablecoins drive utility by enabling faster, more affordable payments and benefit users ranging from small businesses to large enterprises.
How should different non-farm payroll announcements be interpreted compared to expected values, and what are the implications for gold, the dollar, and U.S. stocks?
Bitfinex released a report saying that Ethereum ETFs continue to struggle compared to Bitcoin ETFs, with large outflows leading to Ethereum's poor performance relative to Bitcoin. While there are some positive inflows from emerging Ethereum ETFs like BlackRock's iShares Ethereum Trust, established products like Grey Release's Ethereum Trust (ETHE) are facing significant outflows, a situation that is due to major market...
The number of Bitcoin Lightning Network nodes reached 13,540, an increase of -0.70% compared to 30 days ago, and the Lightning Network capacity reached 5,268.26 BTC.
Bond traders are upping their bets that the Federal Reserve will cut rates by 50 basis points in September, rather than betting on the standard 25 basis points rate cut in September. This is fully reflected in the federal funds futures market. Weaker-than-expected inflation data released on Thursday sparked a buying frenzy in October that continued on Friday. Contracts due on October 31 have fully digested policymakers' expectations of a 25 basis point rate cut at the September 18 meeting. Any.....