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Prediction markets are just a precursor in a more popular field, with the potential to be applied to social media, science, news, governance, and other areas, categorized as "information finance."
ADA is today’s top performer as its price is close to $0.6.
Quick Take A cold wallet that received 30,371 BTC from Mt. Gox last week sent $2.24 billion worth of bitcoin to a new wallet on Sunday. Mass bitcoin movements seen in Mt. Gox and related wallets typically precede creditor repayments.
Quick Take Stacks founder Muneeb Ali, in a post on X, hinted that the long-awaited Stacks upgrade could come as early as next month. Stacks bills sBTC as the first trustless two-way bitcoin peg system, with the potential to expand DeFi applications on the bitcoin base layer.
- 14:36Jiaxin Wealth Management: The Federal Reserve may need to pause and take a short breakDue to the uncertainty of how Trump's policy intentions will affect key areas of the U.S. economy, it seems that the Federal Reserve's interest rate cut in December is no longer a foregone conclusion. Kathy Jones, Chief Fixed Income Strategist at Charles Schwab, said, "At present, I think there is a very high level of uncertainty. Everything is changing and could develop in many different directions. I think maybe the Fed should take a pause and rest for a while and say 'you know what? We need to sit down and see how things develop.'" Jones stated that she would pay attention to the minutes from the Federal Reserve’s November meeting released on Wednesday for more clues about policymakers' intentions.
- 14:17Argent: 1 million STRK tokens have already been staked on the platformThe smart contract wallet Argent posted on X that 1 million STRK tokens have already been staked on its platform, and it only took forty minutes.
- 14:04Data: USDC Treasury destroys over 62.29 million USDCAccording to Whale Alert monitoring, 62,296,694 USDC (approximately 62,260,873 USD) has been destroyed in the USDC Treasury.