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U.Today: Gate Polymarket leads the popularization of prediction markets, with a cumulative trading volume exceeding 622 million dollars

According to U.Today's latest in-depth report, as the prediction market continues to heat up, sports events are becoming an important engine driving industry growth. As the world's first centralized trading platform integrated with Polymarket, Gate Polymarket significantly lowers the user participation threshold through a wallet-free, cross-chain-free, and gas-free trading experience. Users can directly participate in predictions using USDT in their Gate accounts without complex on-chain operations.Currently, Gate Polymarket has become one of the largest traffic entrances for Polymarket, with a cumulative trading volume exceeding $622 million as of July 16, and a weekly trading volume surpassing $100 million on July 6, ranking first in daily, weekly, and monthly trading volumes across all channels of Polymarket.The report points out that the 2026 World Cup has become one of the important catalysts for the rapid growth of the prediction market. The World Cup Hub, built around the World Cup, integrates event schedules, leaderboards, real-time scores, match reminders, historical data, and prediction trading, continuously attracting a large number of users to participate in sports predictions, further enhancing the activity and market liquidity of Gate Polymarket.U.Today believes that Gate not only lowers the usage threshold of the prediction market but also further improves the product experience by launching innovative features such as a dual-mode trading interface, AI event analysis, smart money fund tracking, real-time capital flow reminders, and event contracts, helping users discover market opportunities more efficiently. Relying on the convenient experience of a centralized trading platform and the deep integration with Polymarket's decentralized prediction market, Gate is continuously expanding the application scenarios of the prediction market, promoting the on-chain prediction market towards a more open, efficient, and popular development stage.

Data: Binance and Bybit stablecoin outflows exceed 2.3 billion USD in 30 days, Bitcoin liquidity is depleted, and market sentiment is pessimistic

CryptoQuant analyst Darkfost stated that the outflow of stablecoins from Binance and Bybit in the past 30 days exceeded $2.3 billion, leading to a depletion of Bitcoin liquidity. Bitcoin has been testing the critical price level of $60,000 for nearly 165 days. Although it briefly broke through $80,000 in May, it failed to maintain or reignite the upward momentum of Bitcoin.One of the reasons for this situation is the lack of new liquidity flowing into the market. Whether through direct investment in Bitcoin or investment in the entire crypto market, new demand has been difficult to realize. Observing the changes in stablecoin reserves at exchanges, the situation has been particularly poor since the beginning of the year, with a nearly continuous decline, reflecting that outflows are significantly exceeding inflows. In just the past 30 days, Binance's stablecoin reserves have decreased by $1.55 billion, while Bybit lost $786 million during the same period. The decline in reserves sends a clear signal: demand and liquidity are shrinking, and investors seem inclined to withdraw stablecoins from exchanges or even exit the market entirely. Therefore, it is this still overly pessimistic overall market sentiment that continues to deprive Bitcoin of the resources needed to break through the current consolidation range.

TSMC's net profit in the second quarter surged by 77.4%, exceeding expectations, with the 2-nanometer process contributing to revenue for the first time

Global chip foundry giant TSMC announced its financial report for the second quarter of 2026. Benefiting from the strong demand for advanced process chips driven by global AI infrastructure development, TSMC's performance this quarter significantly exceeded market expectations. During the period, it achieved revenue of NT$1.27 trillion (approximately US$40.2 billion), a year-on-year increase of 36%; net profit reached NT$706.6 billion (approximately US$22 billion), a year-on-year surge of 77.4%, far exceeding the market's previous estimate of NT$623.7 billion. In addition, the company's gross margin for the quarter reached 67.7%, and the operating margin was 60.3%, both better than expected.In terms of process structure, advanced processes (7 nanometers and below) contributed a total of 77% to the total wafer revenue this quarter. Among them, the 3-nanometer and 5-nanometer processes accounted for 30% and 33%, respectively, while the 7-nanometer process accounted for 11%. Notably, TSMC's newly shipped 2-nanometer advanced process recorded revenue for the first time, accounting for 3%.Looking ahead, TSMC confirmed that its capital expenditure for 2026 will approach a record US$56 billion and plans to invest approximately US$26.5 billion in its advanced manufacturing park in Arizona, USA. TSMC CEO C.C. Wei stated that the current pace of capacity expansion still lags behind demand, and the situation of supply not meeting demand is expected to continue for several years. Meanwhile, despite TSMC's strong performance, the market remains somewhat cautious and concerned about whether the massive AI investments by tech giants can translate into actual returns and the medium- to long-term competitive landscape.
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