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US Treasury chief Bessent says 'substantial' trade framework with China reached Source link
Perpetual decentralized exchanges (perp DEXes) registered $1.049 trillion in monthly volume as of Oct. 24, marking the first time on-chain derivatives markets crossed the $1 trillion threshold and establishing a new benchmark for decentralized trading infrastructure.DefiLlama data shows roughly $1.241 trillion in 30-day volume as of Oct. 24. Yet on-chain open interest stands at $15.83 billion, a 12% contraction over the past 30 days, likely related to the Oct. 10 washout.The Oct. 10-11 period delivered the catalyst, following a tariff-driven selloff that produced what CoinGlass termed “the largest liquidation event in crypto history,” wiping out an estimated $19 billion to…
In brief Alibaba upgraded Qwen Deep Research with one-click webpage and podcast generation. In testing, Qwen and Gemini tied for accuracy, both outperforming ChatGPT and Grok Overall, Qwen won for research depth and shareable web output, while Gemini led multimedia quality Qwen, the dedicated AI research group within the Chinese tech giant Alibaba, released a significant upgrade to its AI chatbot last week, enabling users to generate comprehensive research documents on any topic.You can then easily convert those documents into clean webpages or multi-speaker podcasts with just a few clicks.Qwen Chat is similar to ChatGPT, DeepSeek, or Claude in terms…
🇲🇽 Billionaire Ricardo Salinas says his portfolio is 70% Bitcoin and 30% in gold 🤌 Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain analysis platform Glassnode has shared some important insights on Bitcoin’s liquidity levels amid a rather volatile market period. Notably, the leading cryptocurrency has struggled to maintain its “Uptober” form after a price surge to $126,000 was followed by a heavy correction to below $105,000. While Bitcoin has shown some recovery activity since then, it is yet to break above the $115,000 resistance, while its total monthly gain stands at 0.47%. Bitcoin Liquidity Rises, Testing Demand Strength In an X post on October 25, Glassnode reports that…
US, Thailand announce framework agreement on trade Source link
Welcome to Slate Sunday, CryptoSlate’s weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto.Jeff Booth has been warning the world about how technology and debt don’t mix for over a decade. The Vancouver-born entrepreneur and author of The Price of Tomorrow: Why Deflation is Key to an Abundant Future says the financial system we live under is one giant illusion. It’s a construct that prevents the natural process of progress and innovation from benefiting everyone equally.“The natural state of the free market is deflation,”…
The next era of crypto belongs to decentralized markets Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Following its blistering performance in the first week of October, the Bitcoin price action has been pretty much tame all month. In fact, the premier cryptocurrency has witnessed moments of bearish action in what is widely regarded as the historically bullish month of “Uptober.” With the substantial downward pressure in recent weeks, the Bitcoin price looks set to close the month in the red. However, a recent evaluation shows that the market leader might be gearing up for its next major price move in the coming week.…
In brief Experts warn insider trading in sports gambling could surge as betting on games shifts to CFTC-regulated prediction markets. The CFTC, which regulates sports and other prediction markets, has little experience in monitoring sports betting, and limited capacity to do so given its staff size, the experts said. Supporters say on-chain transparency helps prediction markets catch misconduct. The world of professional sports was rocked late last week by the biggest betting scandal in recent memory. It happened just as pro leagues and sportsbooks signaled their embrace of the booming prediction market industry, raising questions as to whether the pairing…
China-U.S. Economic Talks Reach Preliminary Consensus in Malaysia Source link