Tag: Markets

How a Spot Bitcoin ETF Could Revolutionize Markets Like Gold ETFs Did

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Like gold ETFs, a bitcoin ETF would make it significantly easier for a broader range of investors to gain exposure to bitcoin. It eliminates the need for investors to directly buy and store bitcoin. While this difficulty did not discourage early adopters, it can be a complex and daunting process for many (i.e., imagine walking a grandparent through the cold storage process). Fun fact: Before the first gold ETF was launched, investors could invest in clunkier closed-end funds, gold companies like miners or lug around the actual shiny metal. With…

PancakeSwap is resilient, experts bullish on Uniswap and Tradecurve Markets

Following its recent recovery, crypto analysts are bullish on Uniswap (UNI). PancakeSwap (CAKE) is also firm, finding support at a critical line. Meanwhile, Tradecurve Markets (TCRV) continues to gain momentum in its quest to better serve crypto traders in 2023.  Experts bullish on Uniswap Uniswap is a decentralized exchange (DEX) that is changing how traders swap tokens.  Launched in 2018 by Hayden Adams, Uniswap enables token swaps without intermediaries. Unlike most DEXs, it has a user-friendly interface and is community-centric. Following a bounce off the $4.00 support on Sep. 11,…

Can Regulators Ever Keep Up With Crypto Markets?

Either way, measuring whether regulations are “worth the cost” is a futile act. Especially in the world of crypto, where all of the real use cases are essentially ungovernable and where all excitement takes place well outside of walled gardens like Coinbase and Gemini. Mass market crypto has so far come around on a four-year timetable, and it’s only during bull markets that centralized retail crypto lending, crypto credit cards, et cetera can sound like a good idea. Source

EU spot Bitcoin ETF live, Sei Network beta launches as Tradecurve Markets sells 300M TCRV

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This article covers three of the biggest developments in the crypto space: EU’s first spot Bitcoin ETF, Sei Network’s launch, and Tradecurve Markets‘ sale of 300 million TCRV. Let’s break down how each of these will impact the crypto space. Tradecurve Markets sells 300 million TCRV In stage 5 of the Tradecurve Markets presale, 32 million TCRV tokens have been sold. Tradecurve Markets aims to shape crypto trading by breaking down traditional barriers and democratizing access. The decentralized platform offers various assets, including stocks, Forex, commodities, and cryptocurrencies. Users can register accounts…

Are NFT markets in a death spiral or ready for a resurgence?

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Nonfungible tokens (NFTs) saw a massive surge in popularity in 2021, accompanied by sky-high prices, but the market has since come crashing back to earth, and it’s unclear whether there will be a resurgence.  NFTs are unique digital tokens recorded on a blockchain to certify ownership and authenticity. They can’t be copied or substituted but can be transferred and sold by their owner. According to analytics platform NFTGo, the NFT market cap valued in Ether (ETH) is down 40.59% over the past year at the time of writing, with trading…

Rollbit, Arbitrum, The Graph lead losses, Bitcoin dips below $25,000: Markets

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Rollbit, Arbitrum, and The Graph bear the brunt of crypto market fluctuations as Bitcoin falls below $25k for the first time since June. Cryptocurrency markets have seen a slight wave of volatility, as the overall market is down by 2.8% in the past 24 hours. Among the top losers were Rollbit Coin (RLB), Arbitrum (ARB), and The Graph (GRT).  Rollbit Coin (RLB) nosedived 18.5% within a day, currently trading at $0.1293 at the time of writing. Arbitrum is also down by 10% over the same time frame. Indexing token The…

Aave v3 fork debuts noncustodial liquidity markets on Base

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A collaboration across decentralized finance (DeFi) developers is introducing a non-custodial liquidity markets on layer-2 network Base, promising to enable trustless smart contracts to automatically connect liquidity pools with borrowing strategies. Behind the initiative are developers from Seashell, RNG Labs, and Loreum Labs, along with advisers and collaborators from Ampleforth, Uniswap and other projects. The group built the Seamless Protocol, a fork of Aave v3 that allows smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain. “As an analogy, Borrowing Strategies are like single-purpose loans, such as home,…

Coinbase to Prioritize Crypto Markets Outside of US in Its Expansion Strategy

Coinbase’s vice presidents for international business and international policy are clearly dissatisfied with the regulatory situation in the United States. Coinbase is strategically expanding its cryptocurrency exchange services globally, with a particular emphasis on markets with clear regulatory frameworks. In its short-term expansion strategy, Coinbase is prioritizing countries outside the United States based on their well-defined cryptocurrency regulations. Notable countries in this selection include the European Union, the United Kingdom, Australia, Canada, and Singapore. The regulatory clarity in these regions is crucial for the exchange’s operations. Coinbase’s vice presidents for…

AI and blockchain will ‘reshape sectors’ and create new markets from scratch — Moody’s

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Artificial intelligence (AI) and blockchain technologies have reached a “tipping point” and are set to shrink established industries while creating new ones, forecasts a report from Moody’s Investors Service published on Sep. 6.  According to the authors, the combined impact of AI and distributed ledger technologies (DLTs), such as blockchain, has effects “far beyond corporate balance sheets,” and “will likely reshape entire sectors, leading established industries “to shrink or disappear altogether while creating new markets from scratch.” The report notes: “History has shown that transformative technologies can shrink established sectors…

Artificial Intelligence, Digital Ledger Technology Could Lower Financing Costs, Transform Financial Markets: Moody’s

“DLT could improve financial market efficiency, modernize the payment system, and foster financial inclusion,” Vincent Gusdorf, head of DeFi and digital asset analytics, said in a press statement shared with CoinDesk. “The overall economic and financial effects of technological changes, including the policy and strategic changes they prompt, are likely to be positive.” Source