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Also among those gazing into next year are Bitwise, VanEck and Hashdex.
The latest price moves in crypto markets in context for Dec. 19, 2023.
ARK offloaded $13M worth of GBTC shares last week.
Traders have increasingly favored these networks over Ethereum for their lower transaction fees and faster speeds.
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin has pulled back below the $42,000 level, causing almost $16 million in long liquidations.Conversely, major stock indices continued to post gains two days after the Fed’s latest rate pause.
Like it or not, dog tokens are driving big business in the crypto markets.
The U.S. central bank yesterday signaled that far easier monetary policy is in store for 2024.
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
VIPSolana ecosystem- 00:47Goldman Sachs: Expects the US Dollar to Continue Its Decline Against Asian CurrenciesAccording to a report by Jinse Finance, Goldman Sachs stated that after recent progress in trade negotiations, the likely direction for the USD/Asian currency pair remains downward. It noted that despite recent progress in trade negotiations between China and the United States, the main themes in the market have not changed. These themes are: the trend of gradually diversifying investments away from U.S. assets is expected to continue; Asian exporters are likely to keep converting dollars into local currencies; if the Asian region engages in trade negotiations with the United States, currency depreciation may become more difficult. (Jin10)
- 00:45Overview of Key Overnight Developments on May 1421:00-7:00 Keywords: Uniswap, Wyoming, G-Token, Perpl 1. Trump: Stock market will rise significantly; 2. Trump calls on Powell to cut interest rates again; 3. Uniswap launches "one-click token swap" feature; 4. Wyoming to issue the first state-level stablecoin in the US in July; 5. Decentralized perpetual futures exchange Perpl completes $9.25 million funding, led by Dragonfly; 6. State Council Tariff Commission: Adjusts additional tariffs on imports originating from the US; 7. Thailand to issue $150 million "digital investment token" G-Token, targeting returns higher than bank deposits; 8. US SEC seeks comments on BlackRock Bitcoin ETF physical redemption and delays Solana and Dogecoin proposals.
- 2025/05/13 23:39Sky Q1 Losses $5 Million Due to 102% Increase in Incentive USDS Interest ExpensesOdaily Planet Daily News According to a report written by contributors from Steakhouse Financial, Sky (formerly MakerDAO) incurred a loss of $5 million in the first quarter of this year due to a doubling in interest payments to token holders. This loss is in stark contrast to the previous quarter when Sky achieved a profit of $31 million. The primary reason for the 102% increase in interest expenses is that Sky decided to incentivize users with higher rewards to adopt its newly launched stablecoin, Sky Dollar (USDS), to replace the existing DAI.