Category: Breaking

DePIN enables the tokenization of machines, opening up RWA investments and spreading benefits to owners and users, says Leroy Hofer, CEO and co-founder of Teneo Protocol.

It depends on what you’re trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe.

Bitcoin’s 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there’s been multiple occasions of similar drawdowns during previous bull markets.

Japan’s Nikkei fell more than another 6% early Monday, bringing that index’s three-day decline to about 15%.

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.

A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom.

Ether prices also fell to $2.2K.

Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.

Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin.

Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.