News - Page 23

Bitcoin's quadrennial halving event, expected in April 2024, is of particular importance for miners. During this event, block rewards for the industry will be cut in half.

The fixed vs floating swap market and the creation of a forward curve for the ETH staking rate have become significant in the financial industry. This market allows speculators to express their views on network demand, volatility, and macro events by gaining exposure to the future rate. Both OTC dealers and DeFi protocols play a crucial role in creating these marketplaces.

The asset management industry is a significant global sector, with a substantial portion of assets being held in passive strategies such as ETFs and index funds. In Europe alone, the industry manages €28.4 trillion of assets, with 20% allocated to passive vehicles. This includes approximately half in exchange traded products and the other half in index funds.

According to economists at the Bank for International Settlements (BIS), stablecoins are not meeting their intended purpose of being a reliable means of exchange. In order for stablecoins to be effective in facilitating transactions, they need to maintain a stable value throughout the day. However, BIS researchers have found that many stablecoins are failing to do so.

Lõhmus' plight highlights the danger for crypto users that their assets can be permanently lost should they not be able to remember the details needed to access their wallets.

In a recent Q&A session with Edge & Node CEO Tegan Kline, the importance of The Graph network in the world of decentralized finance (DeFi) was highlighted. Often referred to as the 'Google of Web3,' The Graph network plays a crucial role in organizing data for various DeFi protocols.

Decentralized finance (DeFi) has gained significant popularity in recent years, offering individuals the opportunity to access financial services without the need for intermediaries. However, this growing trend towards complexity in DeFi has raised concerns about accessibility and usability.

A popular trader, known as Dave the Wave, who accurately predicted Bitcoin's crash in May 2021, has set a technical target for the top cryptocurrency to achieve in order to position itself for a massive rally in late 2024.

Binance has recently launched a self-custody Web3 wallet that enables users to seamlessly interact with the decentralized finance (DeFi) ecosystem. This wallet offers a convenient and secure way for users to engage in various activities such as staking, lending, and borrowing.

A widely followed crypto analyst has raised concerns about the potential impact of a US Federal Reserve interest rate cut on the Bitcoin market. In a recent video update, Benjamin Cowen, a prominent crypto trader, shared his analysis with his large YouTube following. Cowen points out that historical patterns indicate a downward trend for both the S&P 500 and Bitcoin following a Fed rate cut.

The amount of new token creation dropped during the third quarter to the lowest since at least the start of 2021, according to blockchain smart-contract auditor CertiK. The company created the data set by using the list of tokens added each quarter to the tracking website CoinMarketCap, and then stripping out so-called memecoins that serve no ostensible purpose but to provide yuks and a vessel for speculation.

The GMX platform is introducing trading and grant incentives to reward its users and developers.

A crypto trader who accurately called Bitcoin’s (BTC) 2018 bear market price floor is predicting Solana (SOL) will easily soar beyond $100.

According to Blume, after the fall of Genesis, BlockFi, Celsius, and others, there is a major gap in the market for responsibly managed secured loans for institutions. Two Prime is well-positioned to fill this gap. Blume emphasized that Two Prime is focused on serving institutional borrowers.

A closely followed crypto strategist and trader believes that Bitcoin (BTC) is in the early stages of a parabolic surge.

Some research firms have identified LINK as the top choice for investors looking to profit from the rising popularity of real-world asset (RWA) tokenization. This endorsement has contributed to the recent increase in the value of these tokens.