News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
no_dataFlash
13:18
Polymarket merges cross-chain bridge deposit recovery toolOdaily reported that according to official documentation from the prediction market platform Polymarket, Polymarket has merged the previously separate Ethereum and Polygon deposit recovery tools for its Bridge Deposit page into a single tool, and has removed the former “matic-recovery[.]polymarket[.]com” link.
13:17
Director of the White House National Economic Council: I believe we will see a rate cut this yearBlockBeats News, May 8th, The White House National Economic Council Director Hassett stated that there are no signs of runaway inflation, and the Fed does not need to raise interest rates. I think we will see a rate cut this year because of Fed Chair nominee Powell. (FX168)
13:13
Federal funds futures pricing indicates that the Federal Reserve will keep rates unchanged for the rest of the year.```htmlGolden Ten Data reported on May 8 that, according to CME "FedWatch" data, federal funds futures still indicate that investors expect the Federal Reserve to keep interest rates unchanged for a considerable length of time, extending into next year. After the release of a stronger-than-expected employment report, the probability expectation that interest rates will remain unchanged before December dropped slightly from 73.1% shortly before the data was released to 71.8%. Expectations for either a rate hike or a rate cut have increased slightly.```
News