Revolutionize DeFi: Decentralized Identities & NFTs are Here to Stay!
• Decentralised identity (DID) and Non-Fungible Token (NFT) solutions are revolutionizing the DeFi Ecosystem. • DIDs provide reliable data to legislators while protecting users’ independence and anonymity. • NFTs can contain any kind of information, and no one can forge or change an NFT due to decentralised protocols. Revolution of DeFi Ecosystem: The Wave of…
Bitcoin Hits Six-Month High, Outflows Hit $32 Million
• Bitcoin products saw $25 million in outflows last week, according to asset manager CoinShares. • US regulators increased their crackdown on multiple industry sectors resulting in total crypto funds outflows of $32 million. • Despite the negative sentiment, Bitcoin prices rose 10% over the week pushing the total assets under management in exchange-traded products…
Fantom (FTM) Price Rebounds Ahead of US Inflation Data
• Fantom (FTM) price rose modestly on Tuesday ahead of the upcoming US inflation data. • Economists expect the CPI to decline from 6.5% in December to 6.2% in January and core inflation to drop from 5.7% in December to 5.6%. • Developers are also working on a stablecoin known as fUSD that will power…
Earn Thousands with Metacade: The New Disruptor Set to Outshine Shiba Inu
• Shiba Inu has burned 380 billion SHIB tokens, aiming to increase the token’s value. • However, the token burning had only little effect on its price prediction. • Metacade is a new and innovative project which offers potential for unheard of gains due to its high utility tokens. Burning Tokens: The Shiba Inu Strategy…
Digital Asset Investment Products See Record Inflows, Total AUM Rises to $2.8 Billion
• Digital asset investment products saw inflows of about $117 million last week, the biggest since July 2022. • Bitcoin accounted for nearly all of the weekly inflows, with $116 million of the total. • Total assets under management (AUM) rose $28 billion, roughly 43% from inflow lows recorded in November. Investors poured a whopping…