liquidity

Liquidity of Ether on US exchanges has plunged as much as 40% since the first spot Ether exchange-traded funds entered the market on July 23, 2024. That is a move rather expectedly coming for traders and analysts that had previously viewed the ETFs as a means to improve market liquidity and therefore stabilize prices. Instead, what has taken place is rather different: the average market depth of 5% for ETH pairs has fallen to around $14 million. Meanwhile, offshore exchanges…

Bitcoin has been under intensified selling pressure since the start of the week, with the largest cryptocurrency experiencing a nearly 4% drop in value over the past seven days. This decline brought Bitcoin to a one-month low of $55,690 earlier on Wednesday, raising concerns among investors about its near-term trajectory. Could Fed Rate Cuts Drive Bitcoin Beyond $100,000?  A market expert known as “Chicken Genius” recently shared his insights on social media, suggesting that the $55,000 mark could represent a…

New York, NY, September 3rd, 2024, Chainwire Forgd, a token advisory and optimization platform, announced the launch of its free-to-use web platform, which provides blockchain projects unrestricted access to tools for tokenomics design, liquidity monitoring, cap table management, and financial planning. Forgd eliminates financial barriers associated with traditional Web3 Advisory and consolidates an otherwise fragmented services industry built to support blockchain projects as they issue a token. A token launch involves complex challenges, prompting many blockchain projects to hire multiple…

The post Quantlytica Set to Become the Liquidity Gateway for DeFi Through the Power of AI appeared first on Coinpedia Fintech News While the approval of ETFs was expected to drive mass adoption of Web3, the reality is quite different. Despite the promise, widespread adoption has been slow, with many finding DeFi either too time-consuming or financially risky. Engaging in DeFi—whether trading, investing, or otherwise—often requires significant time and effort, with no guarantee of returns.  This is where Quantlytica comes…

I In the evolving blockchain landscape, Babylon and bitSmiley are set to onboard Bitcoin into the Proof-of-Stake world and other blockchain economies. As Native BTC staked on Babylon increases, the potential of BTC LST assets is enormous yet underutilized. Enter bitSmiley, the key to unlocking this potential. Introducing first BTC-backed stablecoin with yield When a user deposits BTC into the bitSmiley protocol, the deposit details are sent to our MultiSig Wallet via an inscription. Concurrently, we stake the user’s BTC…

The post Secret $30 Billion QE Boost: Will Bitcoin Skyrocket as Hidden Liquidity Floods Markets? appeared first on Coinpedia Fintech News Renowned crypto analyst Michael van de Poppe suggested that Quantitative Easing (QE) is happening quietly, with about $30 billion being added each month through Treasury Buyback Operations. This increase in global liquidity, he hints, could have a significant impact on crypto markets, mainly for Bitcoin. The Quiet Return of QE Quantitative Easing (QE) is a monetary policy where central…

The post Another Crypto Hack in 24 hours :  MonoSwap’s Liquidity Got Drained appeared first on Coinpedia Fintech News This bull season is slowly converting into a hack season. The community has seen a number of hacks including WazirX, Rho Markets, Fractal, and dYdX. A new one got added to this list just after a day of dYdX hack, when a yield farming protocol, MonoSwap, got hacked on July 24th. Error of a MonoSwap Dev MonoSwap, from their official Twitter…

The price of Bitcoin has maintained a recovery trajectory over the last week, gaining by a significant 16.25% to move briefly above the $67,000 price mark. Bitcoin investors are likely hopeful the asset will record more price gains and finally embark on a bull run following the halving event in April. However, Bitcoin’s price future gains are theorized to be tied to multiple factors including the liquidity of the stablecoin market. Why A Stagant USDT Liquidity Is Harmful To Bitcoin?…

Lumia, a zkEVM L2 network, is now selling HyperNodes. Buy yours at node.lumia.org and join the decentralization of the L2 network while supporting Lumia’s mission to increase onchain liquidity. Big step forward for blockchain and DeFi. Collaboration with Industry Leaders Lumia’s HyperNodes were built with Polygon and GatewayFM. These partnerships bring together the collective expertise to create a scalable, secure and compliant solution for onchain data availability and liquidity management. Sandeep Nailwal, founder of Polygon, was an advisor to Lumia…