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The probability of the US economy entering a recession this year on Polymarket is 56%.

3 hours ago

On April 28th, based on the data from the official website, the probability of "the U.S. economy entering a recession by 2025" on Polymarket has reached 56%.
Relevant content

Binance: Platform Operated Normally During Spain's Large-scale Power Outage, Advises Local Users to Manage Positions Promptly

On April 28th, according to official information, Binance has indicated that they are cognizant that the majority of regions in Spain are currently undergoing temporary power outages. While the Binance platform is not impacted, certain users may encounter difficulties in accessing online services due to local infrastructure problems. Binance advises affected users to carefully examine all open positions and promptly handle any associated risks.

5 minutes ago

A certain whale engaged in a short squeeze before initiating a long position loop, borrowing 5 million USDC from Aave and adding 2762 ETH to their position.

April 28th. Based on @ai_9684xtpa's monitoring, on April 25th, a flash crash whale that shorted 4000 ETH by borrowing incurred a loss of $30,000. Then, it bought 7289 ETH, deposited them into Aave, and borrowed 5 million USDC. In the past 10 minutes, the whale bought an additional 2762 ETH at an average price of $1811.66.

5 minutes ago

U.S. Treasury Secretary: First Trade Deal Could Be Reached as Early as This Week or Next Week

On April 28th, US Treasury Secretary Yellen declared that the first trade deal might be finalized as early as this week or the next week. (FXStreet)

5 minutes ago

Kamino integrates Chainlink data feeds, launches Multi-Price Oracle System

On April 28th, according to official channels, Kamino has declared the incorporation of Chainlink data feeds into its oracle infrastructure. This integration is accompanied by an upgrade to Kamino's oracle infrastructure, introducing a multi-price oracle system. This system gathers pricing data from multiple providers (such as Chainlink) in order to guarantee reliable, accurate, and tamper-proof pricing information at all times.

5 minutes ago

FLock.io will introduce the gmFLOCK staking mechanism to optimize the tokenomics model

On April 28th, as per official channels, the decentralized AI training platform FLock.io announced the launch of the gmFLOCK (game-FLOCK) staking mechanism, which serves as a core component of its FLock ecosystem. gmFLOCK adopts a non-transferable design and is only utilized for staking on the platform. Its purpose is to optimize the market supply structure of FLOCK by locking liquidity and to curtail short-term "mining sell-off" behavior. Users can stake FLOCK to obtain gmFLOCK. The exchange rate is higher as the staking period lengthens (1:1 for 0-30 days, with an additional 0.006 gmFLOCK for each additional day, up to a maximum staking period of 365 days). After the staking period expires, users can proportionally exchange gmFLOCK back into the original FLOCK. The obtained gmFLOCK can be used for the roles of Training Node, Validator, and Delegator.

5 minutes ago

A whale went short and then long, buying 7289 ETH at full leverage.

On April 28th, according to WhaleAlert, the whale that had been repeatedly shorting ETH near $1800 recently switched from short to long within the past 30 minutes. It bought back 4000 ETH to close the short position from the previous day. Subsequently, it fully purchased 13.3 million USDC worth of 7289 ETH with an average cost of $1825.8 per ETH.

5 minutes ago