Fidelity released a report outlining its 2024 outlook, where it expects institutions to move an inch closer to DeFi yields once the Federal Reserve begins cutting interest rates. Additionally, rising stablecoin yields could make the sector more attractive to institutions. However, for DeFi to become viable, interest rate cuts would need to be around 0.75%. The underlying principle of the entire note is that DeFi returns rise as risk appetite increases. So far, there have been only expectations that DeFi returns will improve compared to TradFi returns. The last record showed that inventors could earn more by lending stablecoins based…
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FTX’s bankruptcy law firm, Sullivan and Cromwell, is facing a class-action lawsuit alleging that it was so closely associated with the exchange before its collapse that it should be held partially liable for its actions.The class action lawsuit focused on the number of times S&C served as outside counsel prior to FTX’s collapse. It is alleged that through these transactions, the law firm gained knowledge of the exchange’s operations and ultimately assisted in the fraudulent conduct.“FTX Class Member customers lost everything, while S&C was able to gain millions of dollars as a result of the FTX fraud. “S&C served as…
Telefonica, one of the world’s largest telecommunications companies, has partnered with decentralized oracle provider Chainlink to enhance the security of its Web3 environment. Through Chainlink functionality and Telefonica’s implementation of the SIM Swap API, the Polygon app can determine if a phone’s SIM has changed during a certain period of time. Telefonica(…) Source: Bitcoin.com Cryptocurrency Investment Risk Warning Cryptocurrency assets are highly volatile. Your capital is at risk.Don’t invest unless you are prepared to lose all your money.This is a high-risk investment and you should not expect to be protected if something goes wrong.advertising Read full disclaimer like this:good night…
Guy Turner, host of the Coin Bureau YouTube channel, is expressing optimism about one blue-chip Ethereum (ETH) competitor. In a new video, Turner tells the Coin Bureau YouTube channel’s 2.41 million subscribers that one of the key stories that will drive the next bull market is the tokenization of real-world assets. Turner says Avalanche (AVAX)’s mission is to “tokenize all real-world assets,” so AVAX could soar up to 600% from current levels. “With Avalanche’s focus on GameFi, we have the recipe for a truly massive rally once the cryptocurrency markets reach peak FOMO (fear of missing out). It’s hard to…
join us telegram A channel to stay up to date on breaking news coverage As the Fear&Greed index approaches all-time highs, traders are adding promising tokens to their portfolios. Out of reach of large market participants, altcoins provide an investment opportunity to capitalize on the ongoing upward trend. Nonetheless, effectively choosing the right altcoins for your portfolio requires dedication and thorough research. Therefore, this article will pinpoint a few standout altcoins for investors to consider, with the goal of simplifying the selection process. 5 Best Altcoins to Invest in Right Now As altcoin season approaches, Stacks, Helium, and Jupiter stand…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. With SOL down 70% from its peak, only 42% of DOGE holders benefit. Whales are now looking to Algotech (ALGT) to rebalance their portfolios. According to statistics from Cryptorank, only 42% of Dogecoin (DOGE) holders are making a profit, and for Solana (SOL) the numbers are even worse, down more than 70% from its all-time high. Whales have started rebalancing their portfolios, and one name that stands out among the cryptocurrencies they are buying is Algotech (ALGT). Dogecoin’s path…
Price and volume Ethereum NFT collection moon bird It rose sharply on Friday afternoon following the announcement. Boring Monkey Yacht Club Manufacturer Yuga Labs IP for collection acquired. With manufacturer’s proof. However, a significant surge over the past few days has sparked speculation about insider trading ahead of the release.According to data from a blockchain analytics platform: CryptoSlamMoonbirds daily sales NFT This month through February 13th, it was less than $100,000 every day. The one exception, February 4th, was worth about $141,000.However, on February 14, daily Moonbirds sales surged five-fold from the previous day, reaching approximately $460,000, and transaction volume…
Posted 1 minute ago In ~ Aptos Foundation announced on Thursday a partnership with Jambo Technology, a web3 developer for the African market. “This partnership aims to leverage Aptos’ innovative blockchain technology, along with Jambo’s commitment to digital inclusion, to significantly improve Web3 accessibility and education in regions that can benefit the most.”, press release. said.The key product of the partnership is the JamboPhone, designed to give users in Africa, Southeast Asia and Latin America access to the digital economy at a price of $99. The device is claimed to be available in over 40 countries and has integrated the…
Dubai, United Arab Emirates, February 17, 2024, Chainwire Afterlife, a pioneering technology company boldly pioneering new frontiers of artificial intelligence and human consciousness, is pleased to announce an exclusive offer for early investors in a groundbreaking Initial Coin Offering (ICO). This innovative venture offers the first purchasers of Afterlife tokens a unique opportunity to win a limited-edition bundle that includes an avant-garde Brain Incubator, Skin Robot and cutting-edge electronic chips, promising an unparalleled afterlife experience. Main Content: Limited Edition Bundle: Early investors in the AfterLife ICO will have the opportunity to win an exclusive bundle consisting of an innovative Brain…
PEPE prices have been rising since February, breaking out of horizontal and diagonal resistance levels. Has PEPE started a new bullish trend that will push it to new highs, or is this just a relief rally? Let’s explore! PEPE restores resistance Technical analysis on daily time frames shows that PEPE price has fallen below the downward resistance trend line since December 2023. The downward movement resulted in a low of $0.00000086 on February 5, 2024. PEPE has since increased and regained the $0.00000100 horizontal zone. The price also broke away from the downward resistance trend line and reached today’s high…