The market expects the Fed to cut interest rates by 56 basis points by December.

BlockBeats News, May 12, the Fed Fund futures market indicates that the market expects the Fed to cut rates by 56 basis points by December, down from around 75 basis points expected last Friday. (FX678)

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On-Chain Activity

41min ago

Whale 'Smartestmoney' goes long on 1.38 million HYPE, currently sitting on over $52 million in unrealized profit.

14h ago

Smart money that pocketed $2 billion from perfectly timing the last market bottom and top started buying 3,009 bitcoins yesterday.

15h ago

A certain whale has cumulatively withdrawn 13,000 ETH, worth approximately $30 million, from Binance over 6 days.

15h ago

Wintermute shorted major cryptocurrencies on Hyperliquid, accumulating a profit of $222 million.

24H Important News

2026-11-08

Trump Media investors may lose over $2.2 billion, while Trump's stake is still worth $460 million.

The Coinbase Bitcoin Premium Index has recorded negative values for 46 consecutive days, with purchasing power in the U.S. market continuing to languish in the doldrums.

Bloomberg: Democrats taking control of Congress may raise the threshold for crypto legislation, and Trump-related businesses face stricter scrutiny.

Whale 'Smartestmoney' goes long on 1.38 million HYPE, currently sitting on over $52 million in unrealized profit.

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