Author: Jose Oramas

Polymarket traders are nearly certain of a Federal Reserve interest rate cut at the upcoming meeting on September 18, with odds at 99% for a 25 basis-point reduction. This would bring the federal funds rate to 5.00%-5.25%. Related: BlackRock Cautious on Fed Cuts Amid Inflation, Despite Rising Crypto ETF Investments Bettors have placed over US$16M

Crypto investors lost a record US$5.6 billion (AU$8.4 bn) to cyber crimes and Ponzi schemes in 2023 —marking a 45% increase from 2022, according to a report from the FBI’s Internet Crime Complaint Center (IC3). Related: Telegram’s Pavel Durov Says It’s His Personal Goal to Stop Criminals Abusing Platform The report highlights that investment fraud

Travala, one of the few blockchain-based travel platforms, has partnered with global travel marketplace Skyscanner, allowing users to book flights using over 100 cryptocurrencies, including Binance Coin (BNB), Bitcoin (BTC), and Ether (ETH). Travala has over 2 million hotels across all countries and their dependent territories…

Presidential candidate Donald Trump’s odds of winning the election in November 2024 have increased significantly, at least on the decentralised prediction market platform Polymarket. Over the weekend, Trump’s odds on Polymarket rose from 44% to 49%. This surge has placed him in a near tie with Vice President Kamala Harris…

The Securities and Exchange Commission (SEC) has approved MicroStrategy’s first leveraged exchange-traded fund, MSTX, and it broke records on its first trading day. The newly launched ETF is offered by Defiance ETFs and is designed to provide traders with 175% long daily targeted exposure to MicroStrategy’s stock…