Bitcoin Trades Cautiously Even as Real Yield, Dollar Support Bullish Stance
The U.S. 10-year real yield has dropped 46 basis points in two weeks, offering bullish cues to risk assets, including bitcoin. Source
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Yield
Aave Passes Proposal for Yield Generating Stablecoin GHO
The token would work similarly to existing algorithmic stablecoins, which mint exactly $1 worth of tokens when users provide $1 worth of cryptocurrency. In GHO’s case, a user must supply collateral (at a specific collateral ratio) to be able to mint GHO. If a user repays a borrow position (or
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First Mover Americas: Bitcoin Below $20K and BTC's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
The latest price moves in bitcoin ($BTC) and crypto markets in context for July 12, 2022. Original Source
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Bitcoin’s Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
On Wednesday, the U.S. Labor Department is scheduled to release June's consumer price index figure. The data is likely to show the cost of living rose 1.1% month-on-month, bringing the annualized figure to a new four-decade high of 8.8%. The CPI stood at 8.6% in May. The core inflation, which
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Fairfax County highlights the value in the ‘short-term nature’ of yield farming
Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move into yield farming.As previously reported, global asset managers VanEck announced that the Fairfax employees’ and police retirement systems will invest $35 million into the firm’s
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Ledger Live Adds Yield Earning Capability via Alkemi Earn
Hardware wallet maker Ledger has added decentralized finance (DeFi) lending and borrowing to its Ledger Live app for the first time. Original Source
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Buy Bitcoin or start mining? HashWorks CEO points to ‘attractive investment yield’ in BTC mining
Recently, bad news has abounded, and the resulting fear is real. DeFi is looking dead, altcoins completed their lifecycle by returning back to $0 (I guess that’s a joke), and Bitcoin’s (BTC) price fell lower than even the smartest brains in the room expected. A unifying theme of the most recent
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Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments – Bitcoin News
Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’ accounts daily, targeting high
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Why Latin American Crypto Exchanges Are Doubling Down on Yield Products
In April, Bitso, the leading Latin American crypto exchange, launched an earnings yield feature with 15% rates on the USDC, USDP and BUSD stablecoins and up to 6% on bitcoin. The service is available for the company’s 4 million users in the four countries where it operates, Mexico, Brazil, Argentina
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Siam Commercial Bank Is Chasing DeFi Yield Through Compound
“Not only are we an investor and a builder, we also wanted to adopt these types of disruptive technology to use, especially to use inside a bank,” said Panich in an interview. “We think Compound has created a regulated instrument that’s very easy to understand: U.S. dollar in, U.S. dollar
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