Category Archive: Finance, No picture
Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price?
The post Ethereum Sees Decline In Whale Interest Amid Rising Bearish Threats: What’s Next For ETH Price? appeared first on Coinpedia Fintech NewsEther price witnessed a severe drop a few days ago, currently failing to maintain a trading position around $3,300. Whenever ETH approached the $3,000 mark, buyers stepped in, defending the support. However, those short-term buyers then […]
Japanese Yen Plummets To Fresh 34-Year Low Against USD, Around Mid-155.00s
The Japanese Yen (JPY) extends its weakening trend further below the 155.00 psychological mark and drops to the lowest level since June 1990 against its American counterpart during the Asian session on Thursday. The wide interest-rate differential between Japan and the United States (US) is seen as a key factor that continues to undermine the […]
GBP/USD Snaps The Two-Day Winning Streak Above 1.2450, Eyes On US GDP Data
The GBP/USD pair snaps the two-day winning streak near 1.2460 amid the modest rebound of the US Dollar (USD) on Thursday during the early Asian session. The release of the US Gross Domestic Product (GDP) for the first quarter (Q1) will take center stage on the day. Also, the usual weekly Initial Jobless Claims and Pending Home […]
Fireblocks unveils features to prevent DeFi scams
Fireblocks released its “dApp Protection” and “Transaction Simulation” features to the public, according to an April 24 blog post. These tools are designed to mitigate the risks associated with decentralized applications (dApp), particularly the threat of phishing attacks which have led to over $1.1 billion in lost funds in 2023 alone. The dApp Protection feature […]
The Energy Report: Not Over
Oil prices rebounded yesterday from signs that the geopolitical tension may not have eased as much as previously believed. After the close we saw the American Petroleum Institute (API) report that petroleum supplies came in tighter than the market was expecting. The API reported the crude oil inventories fell by 3.23 million barrels where the […]
Softs Report – Wednesday, April 24
CottonGeneral Comments: Cotton was mostly lower yesterday although May closed a little higher on short covering before the deliveries start. Demand remains a problem. The export sales report showed poor sales once again. USDA made no changes to the domestic supply or demand sides of the balance sheets, but did cut world ending stocks slightly. […]
Pyth Network boosts Morph DeFi ecosystem with real-time price feeds
Blockchain infrastructure provider Pyth Network announced the implementation of its price feed into Morph testnet. The collaboration introduces over 500 real-time price feeds from Pyth, spanning various asset classes, into Morph’s layer-2 platform. “The partnership between Pyth Network and Morph opens doors for developers to create cutting-edge DeFi applications that leverage reliable data and scalable […]
NFT lending volume surpass $2 billion in Q1 as holders search for liquidity
The lending market based on non-fungible tokens (NFT) as collateral surpassed $2 billion in volume during the first quarter, sustaining growth of 44% compared to Q4 2023, according to a CoinGecko report. “Crypto markets are all about market rotation […] There’s clearly a trend where OG NFT holders are leveraging these [lending] platforms to get […]
Are Credit Spreads Done Going Down?
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NEAR Protocol preps for AI announcements to boost web3
In an interview with Crypto Briefing, Chris Donovan, COO of NEAR Foundation, discussed Near Protocol’s vision for integrating AI into the web3 ecosystem and driving mass adoption, among other topics.AI integration and web3 missionNear Protocol, which began as an AI project before pivoting to blockchain, sees significant potential in the intersection of web3 and AI. […]
