A strategic investment by Nomura's Laser Digital to help accelerate Infinity Exchange's development of critical infrastructure for "#Institutional#DeFi or "Hybrid #Finance." #HyFi
Read more here: https://www.theblock.co/post/211852/nomura-laser-digital-invests-infinity-exchange
If volatility were âspiceâ, where are we now on the Scoville scale? TradFi & Crypto markets responded with âUp Onlyâ, as both markets maintained their strong upward momentum (or short cover / rebalancing?). Crypto markets +4%, DEX volumes +2%, with BTC & ETH topping $24k (a new 5 month high!) & 1.7k (first time since Sept. 22!), and their CME futures in contango.
Our take: although positive news all around, like many blooper-reel 'Shaqtin
Crypto markets up ~ Traditional markets positive... Now, a short story on the liquidity of money. Will quantitative tightening (QT) become the new normal?
Weâve seen a (so-far) once-in-a-lifetime event occur with the FRED M2 registering its first YoY decline to $21.2T (Dec-22) vs. $21.5T (Dec-21), having peaked at $21.7T (Mar-22). While the $0.5T contraction (from Mar-22 to Dec-22) accounts for just 9% of money printed ($5.8T) since Jan-20. In general, QT is seen as a tightening of financial co
Explore the latest crypto news
âĄď¸ Be a part of the latests discussions in crypto