Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases. Altcoin Season Teases Investors Two weeks ago, the Altcoin Season Index (ASI) scored a modest 37 out of 100, […]
The new Donald Trump administration could bring regulatory clarity to the crypto industry, but complex factors may hinder rapid progress. Regulatory Clarity Requires Patience While the new Donald Trump administration might offer some regulatory clarity for the crypto industry, according to Lingling Jiang, a partner at DWF Labs, substantial regulatory movement will take time due […]
The year-to-date inflows for digital assets hit a new high of $ 29.2 billion with inflows of $ 2.2 billion last week. This was according to Coinshares’ latest digital assets inflow report by head of research, James Butterfill. Coinshares: Record Numbers for Digital Asset Inflows With $ 2.2 billion in inflows, bitcoin …
JPMorgan analysts suggest bitcoin and gold could see retail demand surge with a potential Trump win, though institutional investors remain cautious amid overbought futures. Bitcoin, Gold Prices Poised for Upside? JPMorgan Weighs Trump-Driven Potential JPMorgan analysts, led by managing director Nikolaos Panigirtzoglou, indicated in a Wednesday report that a possible Donald Trump win in the […]
JPMorgan Chase CEO Jamie Dimon reiterated his belief that a recession remains the most likely outcome for the U.S. economy. Dimon pointed to various uncertainties such as geopolitics, housing, and spending. Meanwhile, JPMorgan has raised the likelihood of a U.S. recession this year. Jamie Dimon Maintains Recession Likely for US Economy JPMorgan Chase CEO Jamie […]
At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $ 2.4 trillion to $ 2.09 trillion since July 29. Recently, discussions have intensified around the likelihood of an impending U.S. recession, with a soft landing seemingly off the table. Below …
PRESS RELEASE. Horizon Protocol’s Futures is a decentralized perpetual futures exchange that sets itself apart from other decentralized exchanges (DEX) by offering low fees, deep liquidity, and zero slippage with lightning speed. The exceptional trading UX provides traders with one of the smoothest and fastest on-chain trading experiences ever. Horizon Protocol makes trading the real-world […]
Rich Dad Poor Dad author Robert Kiyosaki has reiterated his concerns about the U.S. economy, predicting investor losses amidst bank failures and a global economic crash. “For many years I have warned, ‘Buy gold, silver, bitcoin.’ We are not going in for a soft landing,” he stressed. Robert Kiyosaki Sees No Soft Landing Rich Dad […]
The tokenization and stablecoin platform Paxos has revealed plans to broaden its stablecoin issuance to the Solana blockchain. The company, which oversees the pax dollar (USDP), anticipates that Solana-issued USDP will be publicly available starting Jan. 17, 2024. Paxos Set to Launch Stablecoin on Solana, Expanding USDP Reach in Crypto Market On Friday, Paxos revealed […]
The decentralized finance (defi) protocol Aave’s stablecoin asset called GHO has been struggling to keep its peg to the U.S. dollar. While it is coasting along at $ 0.966 per unit at the time of writing, five days ago it tapped an all-time low at $ 0.917 per coin. Aave’s Liquidity Committee aims …
Global investment bank Morgan Stanley believes that “crypto winter may be in the past and that crypto spring is likely on the horizon.” An analyst at the bank explained that historically, most of bitcoin’s gains come directly after a halving event that occurs every four years. Morgan Stanley Foresees Crypto Spring Global investment bank Morgan […]
Meta, the social network company, has expanded the services of its flagship metaverse app, Horizon Worlds, to Spain and France. This move is part of the expansion plan of Meta to offer these services to more countries in Europe this year. While the app was available as an invite-only service in 2020, it just …
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend. Defi TVL Improves, …
sponsored ADALend’s mission is to democratize the lending industry by using the Cardano blockchain to eliminate the traditional banking middlemen. This will be accomplished through the development of a platform that connects borrowers, and lenders in a decentralized manner. With the help of blockchain technology and IOHK’s research and development, the platform will provide …