Investment-grade credit default swap (CDS) prices fell below 50 basis points, nearing lows not seen since February 2020, indicating improved credit market confidence. Meanwhile, the VIX volatility index dropped below 14 for the first time since December, signaling reduced market fear. Ten-year Treasury yields rose to 4.78%, approaching multi-year highs last seen in October 2023. The market lowered the probability of a Federal Reserve rate cut in September from 65% to 50% following dovish comments from Fed governor Waller, reflecting cautious optimism about economic conditions and monetary policy direction.
Starknet's native token, STRK, experienced a sharp decline of 10.32% within 60 minutes, falling to $0.10893 during a volatile trading session. Over the past 24 hours, STRK's price dropped 8.36%, trading between $0.10606 and $0.12486, with a trading v...
EigenCloud (EIGEN) token increased by 10% to $0.248 after rebounding from a support level near $0.22, supported by stronger trading volume and spot-market buyers. The token had bounced off its 200-day exponential moving average three days prior, indi...
Wormhole's native token, W, surged 61.39% in 24 hours to reach $0.02842, hitting a high of $0.02945 with $24 million in trading volume. The sharp rise reflects increased interest in altcoins, benefiting Wormhole as a key cross-chain infrastructure pr...
The DATA Network and its Trace registry have joined the Sui blockchain and Walrus data platform to provide a scalable, rights-cleared supply chain for AI training data. This integration enables AI labs to access real-world data with verified provenan...
EigenCloud (EIGEN) surged 10% in the past 24 hours after rebounding from its 200-day EMA support near $0.22, with trading volume spiking alongside the price recovery. Buyer dominance in the spot market and elevated trading activity suggest potential ...
