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Truly exciting times and growth happening in the DeFi space. Stablecoin market cap has climbed to $150 billion so far in 2024, growing by 15% since the beginning of the year. During the same time, TVL of stablecoin pools has grown twice as fast to reach over $7 billion. DeFi Stablecoin Yield has doubled since beginning of 2024 and pushing above 20% APY driven by on-chain activity across Ethereum and Base, an L2 created by Coinbase. While at the same time, new stablecoin projects from BlackRock and Ethena Labs are making a stir with DeFi natives and new participants alike. Read about all the latest DeFi developments in the SoDeFi Insights newsletter: https://lnkd.in/gM_i7KQv hashtag #blockchain #fintech #crypto #defi #bitcoin #ethereum #data

Read our latest blog to learn more about: ➡ Re7’s tech cycle framework and defining the ‘golden era’ for #Web3 ➡ How traditional markets and value are leveraging Web3 technology ➡ How Web3 technology is tapping into traditional markets https://lnkd.in/e8e-rHDu #Research #DeFi #Blockchain

This week's Weekly Wrap is out! 2023 marked a significant recovery in the crypto market, with global gains surging to $37.6 billion. The United States spearheaded this achievement, followed by the UK, Vietnam, and China. While regulatory challenges persist, the increasing institutional interest and advancements like Ethereum's Dencun upgrade are notable highlights. We take a closer look at Bitcoin's optimistic price trajectory and the impact of recent regulatory developments. Join us in exploring these moments and what they mean for the future of cryptocurrency. https://buff.ly/3Tg3dfz #CryptoMarket #BlockchainTechnology #InstitutionalInvestment

The traditional finance industry has hit a significant milestone in the acceptance of blockchain technology. The cumulative value of U.S. Treasury notes tokenized on public blockchains has exceeded $1 billion, indicating the growing adoption of this innovative technology. The digitization of these notes on the blockchain not only increases transparency but also enhances the efficiency and security of transactions. It's exciting to see such a fundamental shift in the industry, and we look forward to seeing the continued growth and development of blockchain technology in finance. #blockchain #finance #digitaltransformation

🚨 Crypto Market Update: July-August 2024 🚨 Over the past two months, the crypto market experienced significant volatility, largely driven by the Federal Reserve’s interest rate hikes. As rates increased, riskier assets like Bitcoin saw reduced appeal, leading to market dips. However, by August, the market demonstrated resilience, rebounding with advancements in blockchain technology and a more stable currency environment. 📈 Want to explore further? Dive into our latest article to stay updated on these trends and what they mean for the future of crypto: https://lnkd.in/dqZ5eGEc

In our 𝗧𝗼𝗸𝗲𝗻𝗼𝗺𝗶𝗰𝘀 𝗽𝗮𝗽𝗲𝗿 𝗱𝗲𝗲𝗽-𝗱𝗶𝘃𝗲 series, we explore in more detail interesting papers that were published last month. Our first paper for this month is: Paper: What Drives Crypto Asset Prices? Authors: Austin Adams, Markus Ibert, Gordon Liao Date: July 30, 2024 Estimated Reading Time: 30 minutes This paper examines the factors influencing cryptocurrency prices, particularly Bitcoin, using a structural vector autoregressive (VAR) model. The authors analyze how traditional financial factors like monetary policy and conventional risk premium shocks interact with crypto-specific shocks, such as crypto risk premia and adoption rates. They find that while traditional financial shocks significantly impact crypto prices, especially during major market events, crypto-specific factors dominate day-to-day price movements. The study also highlights the growing interconnectedness between cryptocurrency markets and conventional financial systems, stressing the need for deeper understanding as crypto assets become more integrated into global finance. Core Insights: ➡ Monetary Policy Impact: Contractionary monetary policy, such as the tightening by the Federal Reserve in 2022, had a substantial negative impact on Bitcoin, contributing significantly to its sharp decline. ➡Crypto-Specific Shocks: Since 2023, the compression of crypto risk premia has been the dominant driver of Bitcoin returns, highlighting the significance of internal market dynamics over traditional financial influences. ➡Interconnected Markets: The study shows a growing linkage between crypto assets and traditional financial markets, particularly through risk premium shocks that affect both asset classes simultaneously. ➡Adoption vs. Risk Premium: The decomposition of crypto-specific shocks into adoption and risk premium shocks reveals that the rise in stablecoin market capitalization can be tied to investor behavior within the crypto space, often acting as a haven during volatile periods. ➡Event Analysis: The paper conducts case studies on significant events like the COVID-19 market turmoil, FTX collapse, and the launch of BlackRock’s Bitcoin ETF, illustrating how specific shocks drive market behavior during these periods. ⛔ Due to LinkedIn post size limits, 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗿𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗱𝗲𝗲𝗽 𝗱𝗶𝘃𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝘀𝗲𝗰𝘁𝗶𝗼𝗻 𝗼𝗳 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲 (link in comments). 📶 FinDaS - #sustainable, data-driven #tokenomics. ⚡ Like and share this post if you found it insightful. We would like to bring visibility to important topics in #crypto.

🏦 Messari's Top 10 Crypto Monies of 2024 Chapter 4 of "Messari's Crypto Theses for 2024," titled "Bitcoin & Other Digital Monies," offers an in-depth exploration of the evolving landscape of digital currencies. Authored with deep insights, this chapter distinguishes between bitcoin and other forms of crypto innovations, underscoring the unique nature of each. Key Highlights: - Bitcoin as Digital Gold: Bitcoin's unique position as a digital store of value, akin to digital gold, transmuted from physical energy and global computational competition. - The Bitcoin Security Model: An analysis of the assumptions underpinning Bitcoin's security model and the increasing importance of Bitcoin mining. - Private Transactions: A look into the future of private transactions in crypto, whether through protocols, coins, or pools. - The Rise of Stablecoins: The emergence of stablecoins as a new 'There Is No Alternative (TINA)' trade, reshaping the digital money ecosystem. - USDT and USDC: Insight into leading stablecoins and their growing influence in the crypto market. - Emerging Players: The chapter also covers emerging players like Paxos, Binance, and PayPal Dollars, along with crypto-collateralized stablecoins. - Central Bank Digital Currencies (CBDCs): An overview of CBDCs and their potential impact on the future of money. As the CEO of infineo, the insights from this chapter are invaluable. They help us understand the broader context in which we operate and innovate in the blockchain and life insurance sectors. Continue following our series as we delve deeper into "Messari's Crypto Theses for 2024," exploring the technologies and trends shaping the future of finance. The full report can be found here 👉 https://lnkd.in/gr2X6yW8

🤝💔 Bitcoin vs. Ethereum: It's time to bridge old rivalries and harness the power of both for a unified web3 future! #BitcoinHalving #CryptoCommunity #InvestSmart #TechTrends #Bitcoin #Ethereum #BTC #ETH #WEB3 #Crypto #CryptoNews https://lnkd.in/eHjq8ivE

Bitcoin Traders Dismiss 'Halving' Event, Shift Attention to Larger Market RisksAuthored by Elizabeth Howcroft LONDON (Reuters) – Despite widespread anticipation, Bitcoin’s halving event hasn’t significantly altered its market value, with experts suggesting on Monday that the digital currency’s price is more affected by overall market moods and global political events. The crypto community had been keenly anticipating the “halving” – an algorithmic modification in the digital ledger of Bitcoin that happened around 0014 GMT on Saturday. This modification is expected to halve the pace at which new bitcoins are mined. This critical update to Bitcoin’s blockchain protocol happens once every four years. Historically, some in the crypto sphere have associated... https://lnkd.in/d2z3ZuGU

Why Bitcoin’s Price is Skyrocketing: A Deep Dive into the $90,000 Milestone The cryptocurrency world is buzzing as Bitcoin reaches a historic milestone of $90,000. This monumental surge has captivated global investors, reigniting discussions about the factors driving Bitcoin’s meteoric rise. In this article, we’ll explore the key elements behind this bull run, focusing on market trends, global events, and technological advancements shaping Bitcoin’s future. https://lnkd.in/dihm2FEN