Crypto News
UBS Predicts Further Weakening of US Dollar
UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief rally, UBS has downgraded the U.S. dollar to its Least Preferred status, while upgrading the euro, British pound, and Australian dollar. UBS Forecasts Continued WeakeningSource link
Block Scholes and Bybit Report Highlights Stability in Crypto Derivatives
A recent study by Block Scholes and Bybit reveals a resilient crypto derivatives market, despite recent market turbulence. The report provides insights into futures, options, and perpetual contracts, emphasizing the sector’s ability to withstand significant market events. Futures Market Stability Highlighted in New Report Despite Bitcoin Sell-Off The joint report from Block Scholes and BybitSource link
Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador
President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected, adopting bitcoin as a legal tender worked as a rebranding for the nation.Source link
$2 Billion Milestone Reached in Tokenized Treasury Bonds
The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s tokenized funds stand out, commanding a dominant 44.95% share of the net value. Tokenized Bond Market Breaks $2 Billion Barrier, With Ondo, Blackrock, and FranklinSource link
Forget Airline Miles: Are Crypto Casinos Like Cloudbet Reinventing the Rewards Game?
For decades, loyalty programs have been a staple of customer retention strategies across various industries. From airline miles to hotel points, these programs have promised consumers a tangible return for their loyalty. But as the digital landscape evolves, a new breed of loyalty programs is emerging, particularly within the burgeoning world of crypto casinos andSource link