consolidation

Paribus. Trust Less.

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

PreIPO® Chosen to raise $250M for SPiCE Fund II, shortly after SPiCE Fund I named leading VC fund of 2022 in Blockchain Ecosystem.

PreIPO®, a leading provider of innovative financial technology solutions, is pleased to announce a new partnership with SPiCE VC. This partnership will enable PreIPO® to further expand its offerings and bring cutting-edge financial technology to a broader market. SPiCE Fund I has yielded a market leading 50.7% IRR and we are pleased to announce the offering of SPiCE Fund II. SPiCE VC has been deemed the best Venture Capital Fund of 2022 in the blockchain and tokenization ecosystem. Through this partnership, SPiCE Fund II will be featured on the PreIPO®

Is the Future Digital?

These days you can’t scroll through YouTube without encountering videos foretelling the end of crypto and the collapse of the global financial system. The clickbait culture that invaded traditional journalism has now spread to citizen journalism too, but how realistic are all of these dramatic claims? Fear, uncertainty, and doubt (FUD) pervade the mainstream media. So much so that even people with little knowledge of the technology claim it’s all going to zero. If you’re looking for bottom signals this is the equivalent of everyone FOMOing in at the top.

The Four Quadrants of MEV Protection

Understanding the MEV Solution Landscape Like many other crypto narratives, the dark side of blockchain was first introduced on Reddit in a post titled “Miners Frontrunning.” In the now historical post, the author outlines how given the Ethereum mempool is inherently public, miners can frontrun transactions and profit on the ultimately arbitraged difference in that transaction. However, this isn’t an entirely new phenomenon in finance. The 2014 book, Flash Boys: A Wall Street Revolt by Michael Lewis investigates frontrunning orders in high-frequency trading. The paper Flash Boys 2.0, published in 2019, takes these observations into

Insights from Davos. Web3 Consolidation Underway. Meta Alliance Launch. Web3 Reserve System.

May 19, 2022 London UK. A consensus is emerging from multiple Davos insiders that the next wave of consolidation is about to hit the Crypto Markets as awareness of Web3 Applications continue to drive volume, growth and outlook. Despite the recent crypto market crash this month, M&A is again on the rise as the Volume of Deals increased 50X over the past year to $ 55B. “Since Web3 is the precursor to Metaverse market, our team has come up with a way for communities to combat some of the inherent

Avalanche’s AVAX Token Surges to All-Time High

Avalanche has grown steadily this year and competes with Ethereum by developing its DeFi ecosystem. It is the fastest-growing smart contracts platform in the blockchain industry. It can be used to solve various problems in enterprises, institutions, and governments, including debt financing and asset insurance.  Avalanche was launched by Ava labs, which was founded by Emin Gun Sirer, a Cornel University Professor. It has integrated various Defi projects like Reef, bZx, SushiSwap, and Securitise. It is also collaborating with the Ethereum network, which will allow transfers of assets between two

Bitcoin Cash Falls above Historical Price Level May Hold Above $572 Support

Nov 18, 2021 at 10:03 // News The price of Bitcoin Cash (BCH) is in a downward correction as the price falls below the moving averages. Today, the cryptocurrency fell from the high of $720 to the low of $572. Currently, altcoin is moving above the current support of $572, which is a historical price level from October 11. In previous price action, BCH consolidated above current support to resume upward momentum. If BCH holds above current support, the market will also rise above the moving averages before retesting the

COMP’s incentive crisis and what lies ahead for alt’s price

The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x. A lot of upcoming protocols like Abracadabra have made star entries recently too. Even so, platforms like Maker, Aave, and Compound are ruling the roost, still maintaining their spot in the top five in terms of total value locked.  Maker and Aave have had their fair share of price pumps over the last couple of months. However,

Here’s how Cardano can break away from its bearish shackles

Cardano has been in a constant downtrend since early-September and has struggled to recover lost ground even during broader market rallies. The last rally was observed between 5-10 November, although bulls were unable to clear the 38.2% Fibonacci level. Over the near-term, ADA could continue its consolidation and expect traders to shift back to long positions once ADA closes above $2.30. At the time of writing, ADA traded at $2.06, up by 1.2% over the last 24 hours. Cardano Daily Chart Source: ADA/USD, TradingView A look at ADA’s On Balance

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

Good morning, Here’s what’s happening this morning: Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop. Technician’s take: Short-term upside appears to be limited given the loss of positive momentum. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $64,514 +0.4% Ether (ETH): $4,562 -1.7% Market moves Bitcoin was trading flat after Taproot, the blockchain’s biggest network upgrade in four years, went live. The upgrade, which took effect at 5:15 coordinated universal time (1:15 a.m.

Lending protocols lead market recovery as Maker paves way for gains

After Bitcoin’s ATH of $69k on 10 November, not just the top coin, but the larger market has been somewhat mellow. However, even with the top two coins consolidating, there seemed to be some altcoins that presented double-digit gains as they rallied. Interestingly, the lending protocol landscape was one that seemed to be making the most headlines, with Maker leading the way with 8% gains.  The DeFi sector seemed to be paving the way for recovery with DeFi’s Total Value Locked increasing by 5.27% from last week, pushing the TVL