If that’s not enough, the market now sees a 70% probability of the Fed raising rates by 50 basis points later this month, a reacceleration of tightening after a brief step down 25 bps in February. The yield on the two-year Treasury note, which is sensitive to interest rate expectations, has crossed above 5% for the first time since 2007 and could rise further toward 5.655, considering the terminal rate pricing. Source
Day: March 8, 2023
Bitcoin Cohort Breakdown: Who’s Buying & Selling
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin #OnChain #Cohorts #Ape #Aptos #Unlocks 👋 JOIN THE FAMILY: 📈 IA MODELS: 📬 IA NEWSLETTER: DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial…
How blockchain empowers women in developing economies
Poised in the world market as a technology-first economy, Indian firms are rapidly investing in blockchain technologies to create new job opportunities. Cryptocurrency exchange WazirX on March 2, 2023, published its survey of 400 female crypto holders in India and concluded an uptrend among women entering crypto investing. However, this uptrend is not limited solely to investing. Women in India are actively joining career opportunities in Web3, crypto and blockchain platforms as creators, builders, influencers, founders, developers and more. Blockchain-related jobs are opening new and much-needed job avenues for the…
EU Commission to ensure ‘healthy competition’ in the Metaverse
Considering the regulatory struggle to keep up with ever-evolving innovations, Margrethe Vestager, the executive vice president of the European Commission, recommended a headstart into brainstorming implications of technologies such as the Metaverse and ChatGPT. Vestager highlighted how digital transition and the shift to a digital economy have brought about risk and opportunities for the masses while speaking at the Keystone Conference about competition policy. She believes that legislations lag behind technological advancements, adding: “We have certainly not been too quick to act – and this can be an important lesson…
Shiba Inu Layer 2 Blockchain Shibarium to Release Beta Version This Week
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Curve Yield Farmers Rush to Deploy $60M on Newly Launched Conic Finance, Capture 21% APY on USD Coin
Each omnipool allocates liquidity of a single asset into different Curve pools. All Curve liquidity provider (LP) tokens get staked on Convex to boost curve (CRV) rewards earnings. Convex (CNX), another Curve ecosystem token, is also rewarded, and so is conic (CNC), Conic’s native token. Source
Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design – Mining Bitcoin News
Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The post advised miners to be aware of the changes as Compass Mining identified “three issues” with two different Antminer S19 series mining devices. Bitcoin Miner Compass Mining Identifies 3 Issues with Antminer S19 Series Compass Mining, a bitcoin mining company, posted a blog post titled “Bitmain Changed Its ASIC Design. Miners Need to Be Ready,” highlighting changes in Bitmain’s ASIC…
89% still trust centralized custodians despite 2022’s collapses: Survey
American crypto users haven’t lost their trust in “intermediaries” to hold their crypto, with a January survey from Paxos suggesting a majority of United States crypto hodlers still trust banks, exchanges and mobile payment apps to custody their assets. An annual online survey published on Mar. 7 by the stablecoin issuer conducted between Jan. 5 and Jan. 6 sought to understand how the crypto winter and “large industry fallouts” in 2022 — including FTX and Alameda Research — impacted consumer behavior and confidence in the crypto ecosystem. Paxos noted: “2022…
Debate over 2FA using SMS after sim-swapping victim sues Coinbase
The crypto community is debating whether SMS two-factor authentication (2FA) should ever be used for account security following news that a Coinbase customer is suing the cryptocurrency exchange for $96,000. On Mar. 6 Jared Ferguson filed a lawsuit against Coinbase in the United States District Court for the Northern District of California, claiming he lost “90% of his life savings” after funds were withdrawn from his account by identity thieves and Coinbase had refused to reimburse him. Ferguson is said to have fallen prey to a type of identity theft…
Store a File in Blockchain
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io this is an actual test to answer, if you really can store any files to the blockchain. #blockchain #web3 #filestorage #ipfs #ethereum. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version