A recent on-chain report shared by Lookonchain highlights a sharp loss incurred by a Polymarket trader known as “bossoskill1.” Over just eight days, the trader lost approximately $2.36 million while actively participating in sports-related prediction markets. The activity included 53 separate predictions across major leagues, making this one of the more extreme short-term drawdowns observed
Global central bank leaders have rallied behind US Federal Reserve Chair Jerome Powell, warning that political pressure on the Fed risks undermining financial and economic stability worldwide. In a joint statement released Tuesday, governors from 11 major central banks said they “stand in full solidarity with the Federal Reserve System and its Chair Jerome H.
Since mid-2025, Bitcoin has exhibited signs of decoupling from the growth of the global M2 money supply. By 2026, this decoupling has become even more pronounced. The historical correlation between these two factors once formed the basis for many bullish forecasts. Now, analysts are deeply divided over what this phenomenon means for 2026. Analysts Are
Bitcoin price held steady above the key resistance level at $92,000 as market participants reflected on the latest US inflation data and the progress on the CLARITY Act in Congress. The coin has formed a highly bullish chart pattern, pointing to an eventual rebound, potentially to $100,000 in the near term.
Crypto infrastructure builder Polygon Labs said it has signed definitive agreements to acquire crypto payments firm Coinme and wallet infrastructure provider Sequence for more than $250 million, as it looks to expand Polygon’s role in stablecoin-based payments and onchain money movement. The move comes as crypto projects increasingly position themselves as neobank-like platforms, offering payments,
By Omkar Godbole (All times ET unless indicated otherwise) U.S. credit unions joined banks in rejecting reward payments for holding stablecoins while crypto traders await U.S. inflation data that could boost bitcoin buying. The Digital Asset Market Clarity Act is a proposed regulatory framework that categorizes digital assets into three main categories: digital commodities like
While the leading cryptocurrency Bitcoin (BTC) was trading around $92,000 and Ethereum (ETH) around $3,137, US December inflation data was released. While volatility in BTC continues, the whole world is focused on US inflation figures. Here are the US inflation figures that have been released: Here are the data released for November: Consumer Price Index
Key Takeaways BlackRock transfers significant Bitcoin and Ethereum holdings to Coinbase Prime. The transfer included 3,290 Bitcoin and 5,692 Ethereum. Asset management giant BlackRock deposited 3,290 Bitcoin worth about $303 million and 5,692 Ethereum valued at approximately $18 million into Coinbase Prime today, according to Arkham Intelligence data. BlackRock manages investment products, including spot Bitcoin
Bitcoin investors are bracing for a rare convergence of market forces this week, walking into a gauntlet of three distinct macro and policy catalysts packed into a single 72-hour window. The catalysts include the release of December’s Consumer Price Index (CPI) on Tuesday, a potentially historic Supreme Court opinion day on Wednesday regarding executive tariff
Alphabet reaches a $4 trillion market value, driven by its intensified AI focus. The Google parent is only the fourth company in history to hit the $4 trillion milestone after Nvidia, Microsoft and Apple. On January 12, Alphabet’s Class‑A shares surged to $334.04, briefly pushing the company’s market capitalization to $4 trillion, the highest ever for