20h ago
Coinbase acquires Vector.fun infrastructure, leaving TNSR token holders without compensation
Coinbase announced on November 21 the acquisition of Vector.fun's team and technology, while the Tensor Foundation retained the NFT marketplace and TNSR token. TNSR surged 11-fold from $0.0344 to $0.3650 between November 19 and November 20 before dropping 37.3% to $0.1566 within 24 hours. The price action raised questions about potential information asymmetry ahead of the announcement.
TNSR
TNSR+63.69%
20h ago
1d atrás
Fed December Rate Cut Odds Jump to 71% as Williams Signals Policy Flexibility
Market expectations for a Federal Reserve rate cut in December have surged to 71%, up from 30-40% earlier this week, CME FedWatch Tool data show. New York Fed President John Williams said monetary policy operates at a "modestly restrictive" level with room to move toward neutral, while minimizing concerns about tariff-driven inflation. Fed officials remain divided on the appropriate policy path, with some favoring no change and others open to further reductions.
1d atrás
1d atrás
Federal Reserve Rate Cut Probability Exceeds 70% for December Meeting
The probability of a 25-basis-point Federal Reserve rate cut at its December 9-10 meeting has climbed above 70%, CME FedWatch data show. New York Fed President John Williams stated on November 21 that near-term rate reductions remain viable without threatening the 2% inflation target. Bitcoin traded between $80,600 and $91,554.96 during this period, with on-chain data showing cautious positioning among traders.
1d atrás
1d atrás
Pakistan Loses Over $600 Million to Unauthorized Crypto Transactions
Pakistan has lost more than $600 million through unauthorized cryptocurrency transactions, according to the Exchange Companies Association of Pakistan. Residents are converting local currency to dollars via exchange firms, then moving funds into digital assets through unregulated channels. The outflows have reduced dollar inflows to the formal banking system, with sales from exchange companies to banks dropping from approximately $4 billion to $3 billion year-over-year.
1d atrás