Sentiment Shock: Investor Fear Erases $5.5 Trillion as Stock and Crypto Markets Collapse

According to analysis by The Kobeissi Letter, a rapid shift from extreme greed to extreme fear among investors—not the U.S.-China trade war—has driven a historic $5.5 trillion collapse in global markets since mid-February. Risk Aversion, Not Tariffs, Drives Historic $5.5 Trillion Market Crash The S&P 500 and cryptocurrency markets have collectively lost $5.5 trillion in…

Read More

Truemarkets, Base L2’s cousin of Polymarket, is officially launched

A new prediction market platform Truemarkets has finally launched after raising over $4 million through its public Oracle Patron NFT sale in Nov. 2024, with Buterin minting 400 NFTs. Truemarkets (TRUE), the decentralized prediction market platform built on the Base Layer 2 blockchain has officially launched. Similar to Polymarket, Truemarkets aggregates breaking headlines across different…

Read More

Binance Confiscates Market Maker’s Funds After Discovering Misconduct and ‘Market Irregularities’

Binance has banned a market maker and confiscated its proceeds after conducting an investigation that indicated the entity committed misconduct. The top global crypto exchange didn’t disclose the identity of the market maker but noted that it operated as a liquidity provider for the decentralized security layer GoPlus Security (GPS) and the AI consumer project…

Read More

What Happens If Ripple Handles $30 Trillion Per Day?

Grok’s $30,000 XRP valuation is based on an unrealistic $30 trillion daily transaction volume — current market conditions make such figures unlikely. XRP’s price depends heavily on transaction velocity and circulating supply — a higher velocity or larger supply would significantly lower price projections. According to the last XRP price forecast reported by CNF, analysts…

Read More