Polymarket’s 15-minute market, which allows users to bet on short-term “up or down” price movements for major cryptocurrencies, has triggered a surge in activity on the Polygon blockchain, driving significant network fees. These markets are known to resolve every 15 minutes based on Chainlink price feeds, making them fast-paced and attractive to high-frequency traders and
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2925.94, up 0.7% (+20.36) since 4 p.m. ET on Friday. Eighteen of 20 assets are trading higher. Leaders: ICP (+7.4%) and NEAR (+6.0%). Laggards: BCH (-1.7%) and POL (-1.7%).
U.S. inflation data came in line with expectations driving bitcoin BTC$92,118.12 briefly above $92,000 in the minutes following the report. The consumer price index (CPI) rose 2.7% year over year in December, the same as in November, according to the Bureau of Labor Statistics’ Tuesday report and as economists had estimated. Core CPI, which excludes
Bitcoin BTC$92,118.12 rose above $92,000 in early New York hours Tuesday as wallets tied to BlackRock’s spot crypto exchange-traded funds (ETFs) routed roughly $300 million worth of bitcoin BTC$92,118.12 and ether ETH$3,145.35 to Coinbase Prime as part of a routine, albeit unusually high, creation and redemption flows. On-chain trackers flagged transfers of about 3,290 BTC
Franklin Templeton has amended two Western Asset institutional money market funds (MMFs) to plug directly into the emerging US stablecoin regime and tokenized cash infrastructure rather than launching new crypto native products. According to a release shared with Cointelegraph, Franklin Templeton is adapting the two long‑running Western Asset institutional funds so they can be used
A recent post from Crypto Rover resurfaced a clip of Donald Trump joking about using Bitcoin to pay off the United States’ national debt. In the video, Trump suggests issuing a “small crypto check” made up of Bitcoin to wipe out the country’s massive debt burden. The comment was delivered in a light, rhetorical tone
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.