What remains in the NFT market now that the dust has settled?
From profile pictures to celebrity endorsements, NFT space has changed a lot since the market boom in 2021. Over the last two years, nonfungible tokens (NFTs) have emerged as one of the most active and noticeable aspects of Web3.The data stored on blockchains by NFTs may be connected with files that include various forms of media, such as photographs, videos and audio. In certain instances, it can even be related to physical items. The owner of an NFT will often have ownership rights over the data, material or item connected with the token, and these tokens are typically purchased and....
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Yesterday’s FOMC meeting of the U.S. Federal Reserve (FED) brought less volatility to the Bitcoin market than many experts had expected. The Bitcoin price moved in a narrow range during and after the meeting. Ultimately, the Fed raised interest rates by 75 basis points, as expected. The FOMC statement said the Fed would “take into […]
Alf protocol has lately signed several strategic partnerships with the VCs. Such partnerships will help drive the future development of the protocol. The Alf ecosystem will continue to improve with the team’s continued efforts, strategic partners, VCs, and the community working together. Alf is a protocol for capital deployment on Solana for the purposes of liquidity provision and yield farming, both with and without a margin of up to 200x. By providing liquidity providers an easy way to make money, we enable them to increase the value of the entire network by making it easier for capital....
The US-based futures with a 35% margin are settled in actual bitcoin instead of cash, eliminating the need for bilateral trades.
The dust has settled from the virtual currency hearings in New York City this week. We saw a mixture of speakers, including law enforcement agents warning of digital currencies' many potential dangers, VCs getting hot under the collar over the regulation debate, regulators musing about whether they should license miners or not, and one vehemently anti-bitcoin academic. New York state has almost 20 million people - around 6% of the US population - and houses the heart of its financial services industry. It was a good place for the first state-level inquiry into the regulation of....
Cryptocurrency derivatives platform ErisX launched cash-settled bounded futures on Tuesday.