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U.S. employment slows sharply, supporting prospects for Fed rate cuts
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SOON announces token economic model: 51% allocated to the community Foresight News, Solana virtual machine SOON announced its token economic model: the total supply of $SOON tokens is 1 billion, with the specific allocation plan as follows: Community allocation: 510 million (51%); Ecosystem development: 250 million (25%); Team and co-builders: 100 million (10%); Airdrops and liquidity: 80 million (8%); Foundation and treasury: 60 million (6%). SOON will serve as the native token of the network, used for governance voting, <staking rewards>, and ecosystem building incentives. The project adopts a fully open and transparent issuance mechanism to ensure equal rights for all participants, and the specific issuance details will be announced next week. $BTC $ETH $sol
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Data: Polymarket's cumulative transaction volume in 2024 will exceed US$9 billion According to <ChainCatcher> data, the prediction market platform <Polymarket> saw exponential growth in various metrics in 2024, including active traders, trading volume, and open interest (OI), reaching historic highs earlier this year. The platform has accumulated over $9 billion in total trading volume, with a record-high monthly trading volume of $2.63 billion in November. In December, the number of active traders reached a new high of 314,500. Open interest (OI) also hit a record high of $510 million during the US elections in November. <Polymarket>'s monthly trading volume growth rate was 66.5% for the full year. In January 2024, <Polymarket>'s trading volume was only $54 million, but by November, it had surged to over $2.6 billion, a nearly 48-fold increase in one year. $BTC $ETH $SOL
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SUI rises to $4.99, setting a new all-time high, with a market value surpassing LINK Mars Finance news, on January 4, market data shows that SUI rose to a new all-time high of $4.99, currently priced at $4.91, up 12.9% in 24 hours. According to CoinGecko data, SUI's market capitalization has risen to 14th in the crypto market, surpassing LINK, currently at $14.81 billion, with a 24-hour trading volume of $500 million across the network. $BTC $ETH $SOL
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Polymarket's cumulative trading volume in 2024 will exceed US$9 billion Odaily reports that according to data compiled by The Block, the prediction market platform Polymarket saw exponential growth across multiple metrics in 2024, including active traders, trading volume, and open interest (OI), reaching record highs earlier this year. The platform has accumulated over $9 billion in total trading volume, with a monthly trading volume of $2.63 billion hitting a new high in November. In December, the number of active traders reached a new peak of 314,500. Open interest (OI) also set a record high of $510 million during the US elections in November. Polymarket's monthly trading volume growth rate for the full year was 66.5%. In January 2024, Polymarket's trading volume was only $54 million, but by November, it had surged to over $2.6 billion, a nearly 48-fold increase within a year. $BTC $ETH $SOL
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In the past 12 hours, the entire network has liquidated 147 million US dollars, mainly short orders Odaily Odaily reports that according to Coinglass data, the entire network has seen <1.47 million USD in liquidations over the past 12 hours>, with <1.06 million USD> in short positions and <41.28 million USD> in long positions being liquidated. $BTC $ETH $SOL
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