Bitcoin short-term holders will be ‘seriously tested’ if BTC loses $61.6K — Analyst

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.Over two weeks after Curve Finance’s multiple pool exploits, the DeFi protocol has assured the hack victims that it is assessing each impacted user for reimbursement. This comes…

The daily trading volume of all Hong Kong crypto exchange-traded funds averaged about $1.19 million between December and early February.

The spokeswoman said that she won’t be commenting specifically on Silvergate, but the White House will be actively monitoring the situation. 768 Total views 11 Total shares Own this piece of history Collect this article as an NFTThe Biden Administration is “aware of the situation” at Silvergate and will continue to monitor reports on the…

Food themed DeFi project Hotdog dumps from $4,000 to $1 in five minutes. The latest high-yield, food-flavored DeFi meme project, Hotdog, appears to have crashed and burned just hours after it was launched.The newly cloned DeFi protocol called Hotdog promised insane returns up to one million percent APY in order to lure liquidity providers. It…

New Zealand lawmakers and regulators largely have not imposed strict guidelines for crypto firms to operate in the country, nor for Kiwis to use cryptocurrencies freely. 107 Total views 4 Total shares Global cryptocurrency exchange Binance has registered with New Zealand’s Ministry of Business, Innovation and Employment and opened local offices in the country.In a…

Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.” 1761 Total views 11 Total shares U.S. President Joe Biden's pick for Treasury Secretary Janet Yellen may see more benefits to cryptocurrency than her previous testimony indicated. After a virtual hearing of the U.S. Senate Finance Committee held on Tuesday,…

Altcoins are in accumulation territory after experiencing a drawdown over the last 3 months.

The precious metals refined on the site will be tokenized and traded on the DMCC Gold Exchange platform. 2862 Total views 24 Total shares Dubai Multi Commodities Centre — a free trade zone established by the Dubai Government — has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot…