Tag: finance

While DeFi Total Value Locked Fell by 51% Since the End of Q1, Arrakis Finance Amassed $1 Billion TVL โ€“ Press release Bitcoin News

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press release PRESS RELEASE. Zug, June 08, 2022 โ€” As markets continue to tumble, Arrakis Finance, a yet relatively unknown & tokenless project, just reached a new milestone โ€” a total value locked of $1 billion. DeFi TVL overall fell from $224B on April 1 to $109B on May 30, dipping by 51%. While nearly all major DeFi projects and platforms have suffered losses in TVL, Arrakis Finance has amassed $1 billion TVL and is closing in on capturing 1% of total DeFi TVL, overtaking the leading DeFi projects like…

Chainge Finance officially becomes the most liquid cross-chain crypto trading venue on the market

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In early 2009, Bitcoin trading was peer-to-peer, initially via PayPal. However, it only took a few months before the first ramp was launched. Mt Gox and earlier variants were, as expected, rudimentary and centralized. Fast-forward less than a decade later, and crypto trading is a vibrant industry with billions moved every day. Exchanges are critical channels for moving billions of assets between users and chains. As the industry expands and crypto finds adoption, their role will only be magnified. This rise is especially when decentralized finance (DeFi) is at the…

Ethereum Logarithmic Regression

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io By using logarithmic regression, we can better understand the macro price movement of Ethereum. #Ethereum appears to be in long re-accumulation, and we could very well have some time to go yet before ultimately a breakout above a $4k that is sustained. I do believe Ethereum will break out of this range eventually but we will continue to stay here for a bit longer. Where do you think the price of Ethereum is headed? Let me know in the comments! Premium List…

Ethereum is HEAVILY Undervalued! (3 MONTH WARNING) BEST Cryptocurrency Investment 2022!

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Ethereum is HEAVILY undervalued in 2022? Price Prediction? ๐Ÿ‘‹ Earn Bitcoin Back w/ BlockFi Rewards Credit Card ๐Ÿ‘‰ Bitcoin 2022 in Miami ๐Ÿ‘‰ ๐Ÿ’ฅ ๐Ÿ’ฅ ๐Ÿ’ฅ Use code “ALTCOINDAILY” for 10% off! ๐Ÿ’ฅ ๐Ÿ’ฅ ๐Ÿ’ฅ Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:46 – People LOADING UP on Bitcoin (Be Ready) 1:14 – Ethereum GETTING DRAINED from exchanges as…

Biggest Ethereum Whales Load Up on One Exchange Token and Three Decentralized Finance Altcoins: On-Chain Data

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Ethereumโ€™s richest bagholders are currently loading up on one exchange token, plus three other altcoins in the decentralized finance (DeFi) sector. According to data from blockchain tracking service WhaleStats, the top 100 Ethereum whales have their eye on WOO, the utility token that powers WOO Network, a decentralized exchange (DEX) that aims to provide deep liquidity and super-efficient order execution. At time of writing, WOO is the most purchased altcoin amongst Ethereumโ€™s 100 biggest whales within the last 24 hours, excluding stablecoins. Behind WOO network, Ethereumโ€™s biggest whales are accumulating…

Don't fight the Fed: get out of stocks and buy more Bitcoin, says Mashinsky

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io With the Federal Reserve pursuing aggressive tightening and putting a lot of pressure on the U.S. economy, a recession is coming next year, said Celsius Network CEO Alex Mashinsky. One of the best strategies going into this environment is not to fight the Fed. And this means getting out of the U.S. stock market, Mashinsky told Kitco Newsโ€™ Editor-in-Chief Michelle Makoriย and anchor David Lin on the sidelines of Bitcoin 2022 in Miami. “I normally say don’t fight the Fed. Fighting the Fed…

Russiaโ€™s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT โ€“ Finance Bitcoin News

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Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks. Rostec Employs Distributed Ledger Technology to Substitute SWIFT Russian state-owned corporation Rostec has built a platform using blockchain technologies to facilitate international settlements between Russia and its partners and the storage of digital currency. CELLS is intended as an alternative to the global payment messaging system SWIFT, from which a…

Ethereum Suffer Setback As Cardano And Solana Set To Take Over

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿ’ฐ Copy Crypto Experts And Make Good Money Earn $153 Welcome Bonus Using Our Link – Ethereum Suffer Another Setback As Cardano And Solana Set To Take Over ๐Ÿ’  Best Crypto Exchange For Canadians – ๐Ÿ‘‰ Checkout Our Animated Metaverse/NFT Channel ๐Ÿ‘‰ Finance And Global Economics Updates On Our 2nd Channel – ๐Ÿ‘‰ Enjoy Our Wojak Crypto Memes Videos – DISCLAIMER: We may receive a small commission for any purchases made through our affiliate links. Thanks For Watching Our Video ๐Ÿค— Please,…

Fidelity Plans Hiring Spree to Expand Crypto Services to Include Ethereum Trading and Custody โ€“ Finance Bitcoin News

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Fidelity is planning a hiring spree to add ether trading and custody services to its cryptocurrency business. โ€œAs the demand for digital assets continues to steadily grow and the marketplace evolves, we will continue to expand our hiring efforts,โ€ a Fidelity executive explained. Fidelity Expanding Crypto Services Fidelity Investmentsโ€™ digital assets subsidiary, Fidelity Digital Assets, is expanding its services. Founded in 2018, Fidelity Digital Assets currently employs about 200 people. The company is looking to fill 110 new positions to focus on assets beyond bitcoin, a spokesperson for Fidelity told…

Finance Leaders of G7 Nations Call for Immediate and Comprehensive Regulation of Crypto

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The regulation of cryptocurrency is something that continues to be and will continue to be, a topic of contention in the financial world. The recent collapse of LUNA and the UST stablecoin has once again stirred the conversation and has inspired global financial leaders to reconsider the cryptocurrency problem. Finance and industry leaders from the G7 nations met to discuss ways to discuss a regulatory framework for the cryptocurrency industry. A G7 meeting was recently held in Germany, on May 18-20. The core issues discussed centered on the regulation of…