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5 Trillion Dollar Investment Giant Established a Partnership with This Altcoin!
Decentralized computing platform Chainlink announced that it is collaborating with Fidelity International and cryptocurrency bank Sygnum to bring Net Asset Value (NAV) data on-chain.
The Fidelity, Sygnum Bank and Chainlink partnership aims to bring transparency and accessibility to net asset value data on tokenized assets.
After this collaboration, NAV data with Chainlink will be able to be accurately and securely reported and updated on-chain and across any public or private blockchain.
“We are excited to announce that Fidelity International and Sygnum have partnered with Chainlink to provide on-chain NAV data for Fidelity International's $6.9 billion money market fund.
“This is a landmark production use case for tokenized assets.”
Chainlink Co-Founder Sergey Nazarov said, “Fund tokenization is probably the biggest digital asset trend happening today and is a great confirmation that global asset management companies are entering this growing market. The global reach and efficiency benefits of tokenized funds are much greater than traditional methods and over time the entire asset management industry will operate.” It will become a shape.” said.
LINK, which has decreased by 1.3% in the last 24 hours, continues to be traded at $ 14.4 at the time of writing.
We’re excited to announce that Fidelity International and Sygnum have partnered with #Chainlink to provide NAV data onchain for Fidelity International’s $6.9B money market fund.
This is a landmark production use case for tokenized assets
$ALT
Decentralized computing platform Chainlink announced that it is collaborating with Fidelity International and cryptocurrency bank Sygnum to bring Net Asset Value (NAV) data on-chain.
The Fidelity, Sygnum Bank and Chainlink partnership aims to bring transparency and accessibility to net asset value data on tokenized assets.
After this collaboration, NAV data with Chainlink will be able to be accurately and securely reported and updated on-chain and across any public or private blockchain.
“We are excited to announce that Fidelity International and Sygnum have partnered with Chainlink to provide on-chain NAV data for Fidelity International's $6.9 billion money market fund.
“This is a landmark production use case for tokenized assets.”
Chainlink Co-Founder Sergey Nazarov said, “Fund tokenization is probably the biggest digital asset trend happening today and is a great confirmation that global asset management companies are entering this growing market. The global reach and efficiency benefits of tokenized funds are much greater than traditional methods and over time the entire asset management industry will operate.” It will become a shape.” said.
LINK, which has decreased by 1.3% in the last 24 hours, continues to be traded at $ 14.4 at the time of writing.
We’re excited to announce that Fidelity International and Sygnum have partnered with #Chainlink to provide NAV data onchain for Fidelity International’s $6.9B money market fund.
This is a landmark production use case for tokenized assets
$ALT
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DEFI RISK MANAGEMENT FIRM GAUNTLET PARTNERS WITH MORPHO AMID SPLIT WITH AAVE
In a strategic move within the decentralized finance (DeFi) landscape, Gauntlet, a prominent DeFi risk management firm, has swiftly transitioned its collaboration from Aave to Morpho. This transition comes days after Gauntlet departed from Aave, a leading DeFi lending protocol.Gauntlet’s shift to MorphoBlueAnnounced on February 27, the partnership between Gauntlet and Morpho entails the creation of lending products on MorphoBlue, a novel protocol enabling firms to establish their own lending and
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🚀 Spot Bitcoin ETFs Unveiled: A Game-Changer in Cryptocurrency Investments! 🚀
The era of Spot Bitcoin ETFs is here, reshaping the landscape of cryptocurrency investments. 🌍✨ Dive into this must-read guide that explores the SEC's approval, the impact on investors, and the emergence of spot ETFs for altcoins.
🔍 Key Highlights:
Unveiling the intricacies of Spot Bitcoin ETFs 🧐
Impact on investors and potential market dynamics 📈
A closer look at the competition among ETFs and fee waivers 💰
Navigating Bitcoin vs. Spot Bitcoin ETFs: What suits your investment style? 🤔
The future: Spot ETFs for altcoins and the evolving cryptocurrency market 🚀
📚 Stay informed and make informed decisions in the dynamic world of crypto investments!
Read More from here: https://shorturl.at/zHIL2
✨ Don't miss out on this transformative guide! Share your thoughts and insights in the comments. 💬 Let's navigate the future of crypto together! 🚀🌐
#Write2Earn $BTC
The era of Spot Bitcoin ETFs is here, reshaping the landscape of cryptocurrency investments. 🌍✨ Dive into this must-read guide that explores the SEC's approval, the impact on investors, and the emergence of spot ETFs for altcoins.
🔍 Key Highlights:
Unveiling the intricacies of Spot Bitcoin ETFs 🧐
Impact on investors and potential market dynamics 📈
A closer look at the competition among ETFs and fee waivers 💰
Navigating Bitcoin vs. Spot Bitcoin ETFs: What suits your investment style? 🤔
The future: Spot ETFs for altcoins and the evolving cryptocurrency market 🚀
📚 Stay informed and make informed decisions in the dynamic world of crypto investments!
Read More from here: https://shorturl.at/zHIL2
✨ Don't miss out on this transformative guide! Share your thoughts and insights in the comments. 💬 Let's navigate the future of crypto together! 🚀🌐
#Write2Earn $BTC
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Il percorso di Bitcoin verso il massimo storico: un'analisi pragmatica
Nel panorama in continua evoluzione delle criptovalute, le discussioni sul potenziale ritorno di Bitcoin al suo massimo storico prima dell'halving hanno suscitato sia entusiasmo che scetticismo. Mentre alcuni appassionati prevedono un'impennata simile alla sua precedente notevole ascesa, approfondiremo i fattori pragmatici che suggeriscono il contrario.
L'impennata senza precedenti di Bitcoin
Il recente rally di Bitcoin, salito da $ 25.000 a $ 52.000 in soli quattro mesi, ha senza dubbio catturato l'attenzione del mondo finanziario. La criptovaluta non solo ha superato la capitalizzazione di mercato di $ 1 trilione, ma si è anche assicurata un posto tra i primi 10 asset negoziabili a livello globale, superando persino la venerabile Berkshire Hathaway con la sua capitalizzazione di mercato di $ 875 miliardi.
L'impennata senza precedenti di Bitcoin
Il recente rally di Bitcoin, salito da $ 25.000 a $ 52.000 in soli quattro mesi, ha senza dubbio catturato l'attenzione del mondo finanziario. La criptovaluta non solo ha superato la capitalizzazione di mercato di $ 1 trilione, ma si è anche assicurata un posto tra i primi 10 asset negoziabili a livello globale, superando persino la venerabile Berkshire Hathaway con la sua capitalizzazione di mercato di $ 875 miliardi.
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Unprecedented Inflows Propel Bitcoin ETFs to New Heights
In a historic surge, the cryptocurrency market witnessed an unprecedented influx of $2.5 billion into exchange-traded products (ETPs) during the past week, marking a pivotal moment in the financial landscape. Notably, bitcoin funds dominated this surge, accounting for a staggering 99% of the total inflows, as reported by CoinShares.
Bitcoin ETFs Lead the Charge
Amidst this financial fervor, demand for bitcoin exchange-traded funds (ETFs) demonstrated a remarkable resurgence, capturing a substant
Bitcoin ETFs Lead the Charge
Amidst this financial fervor, demand for bitcoin exchange-traded funds (ETFs) demonstrated a remarkable resurgence, capturing a substant
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Will Bitcoin (BTC) Price Crash 20% in Coming Weeks ?
The recent Bitcoin price movements show a mix of sentiment and market dynamics. Sentiment tends to overshoot reality, as seen before the ETF approval and the subsequent correction. Emotions often impact trading, leading to losses.
1. Sentiment Misjudgment:
- Before ETF approval, strong rumors hinted at a new ATH for Bitcoin, reflecting market strength.
- The correction from $49K to $39K triggered negative sentiment due to GBTC outflow, exceeding actual impact.
- Current momentum is high with Spot ETF inflows, but sentiment may overestimate continuous interest.
2. Gameplan for Bitcoin Investment:
- For trading/swing trading, consider the horizon and potential risks. Assess if a 35% gain in 10 days is worth the increased correction risk.
- Investing should align with risk appetite and horizon. Waiting for a 20-40% correction before entering can help control emotions.
3. Expectations and Potential Corrections:
- Macro-economic events, reduced inflow, or other factors may trigger a correction, especially if sentiment shifts.
- Corrections, with current sentiment, could be swift and might occur around $53-58K, leading to a 20-40% drop.
In summary, while the timing of corrections is uncertain, understanding sentiment, having a strategic game plan, and being mindful of macro-economic factors can guide investment decisions in the dynamic Bitcoin market.
#Write2Earn $BTC
The recent Bitcoin price movements show a mix of sentiment and market dynamics. Sentiment tends to overshoot reality, as seen before the ETF approval and the subsequent correction. Emotions often impact trading, leading to losses.
1. Sentiment Misjudgment:
- Before ETF approval, strong rumors hinted at a new ATH for Bitcoin, reflecting market strength.
- The correction from $49K to $39K triggered negative sentiment due to GBTC outflow, exceeding actual impact.
- Current momentum is high with Spot ETF inflows, but sentiment may overestimate continuous interest.
2. Gameplan for Bitcoin Investment:
- For trading/swing trading, consider the horizon and potential risks. Assess if a 35% gain in 10 days is worth the increased correction risk.
- Investing should align with risk appetite and horizon. Waiting for a 20-40% correction before entering can help control emotions.
3. Expectations and Potential Corrections:
- Macro-economic events, reduced inflow, or other factors may trigger a correction, especially if sentiment shifts.
- Corrections, with current sentiment, could be swift and might occur around $53-58K, leading to a 20-40% drop.
In summary, while the timing of corrections is uncertain, understanding sentiment, having a strategic game plan, and being mindful of macro-economic factors can guide investment decisions in the dynamic Bitcoin market.
#Write2Earn $BTC
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$BTC
SEC Chair Gary Gensler Outlines 'Very Real Economic Difference' Between Bitcoin and US Dollar
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic region,” the SEC chief noted, adding that we don’t have the same in bitcoin. #Write2Earn #BTC
SEC Chair Gary Gensler Outlines 'Very Real Economic Difference' Between Bitcoin and US Dollar
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic region,” the SEC chief noted, adding that we don’t have the same in bitcoin. #Write2Earn #BTC