diversification.
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Flag Star Bank Acquires Assets of Transition Bank: A Closer Look
According to reports, the United States Office of the Comptroller of the Currency has approved Flag Star Bank to purchase the assets of the signing bank Transition Bank and assume
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The Power of Bitcoin as a “Ratchet” for Portfolio Returns
According to reports, Charles Edwards, founder of Digital Asset Quantitative Fund Capriole Investments, said on social media that Bitcoin is a \”ratchet\” of portfolio returns. Over
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MakerDAO Expands its Investment Portfolio to Diversify DAI’s Assets.
It is reported that, according to official news, MakerDAO’s proposal to raise the investment ceiling of US treasury bond bonds from US $500 million to US $1.25 billion has been passed. This proposal won 77% of the votes. MakerDAO will use USD750 million in PSM to purchase more US treasury bond bonds, thus diversifying the current assets supporting DAI. These bonds mature every two weeks and will be purchased a total of 12 times over a six-month period for $62.5 million each. According to the proposal, the strategy expects a net annualized yield of 4.6% to 4.5% after deducting custody and expected transaction costs. MakerDAO has approved the proposal to raise the investment ceiling of US treasury bond bonds to US $1.25 billion Analysis based on this information:MakerDAO, a decentralized finance (DeFi) protocol, has reportedly passed a proposal to raise the investment ceiling of US treasury bonds from US $500 million to US $1.25 billion. This decision was made after…
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RenQ Finance Completes Pre-Sale Round of Financing
According to reports, the liquidity agreement RenQ Finance has announced the completion of a US $2.35 million pre-sale round of financing. Currently, RenQ Finance supports Ethereum, Coin On Smart Chain, and Polygon, allowing users to diversify their investments. (analyticsinsight) Liquidity agreement RenQ Finance completed $2.35 million pre-sale round financing Analysis based on this information:RenQ Finance, a liquidity agreement, has completed a pre-sale round of financing worth US $2.35 million. This news indicates that RenQ Finance is gaining investors’ interest and funds to continue its operations effectively. RenQ Finance is a decentralized finance (DeFi) platform that supports Ethereum, Coin On Smart Chain, and Polygon. It allows users to diversify their investments by supporting various cryptocurrencies, including Bitcoin and Ethereum. RenQ Finance’s pre-sale round of financing is a positive sign that the DeFi platform is gaining traction in the market. The funds raised from the pre-sale round will likely be invested in the development of the platform, improving its existing infrastructure and…
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Kraken’s Warning: Strengthen Diversification and Self-Hosting
It is reported that Kraken, the cryptocurrency exchange, tweeted that Kraken’s dollar funds would not be affected. However, recent events should ring the alarm bell and remind us to strengthen diversification and self-hosting. Kraken has no significant exposure to the exchange rate of the stable currency, because it does not believe that the stable currency can be exchanged with the legal currency. Kraken is the top stable currency operating market, allowing traders to provide liquidity and price risk. The threat from Operation Chokepoint 2.0 still exists. Cryptocurrency trading platform Kraken: there is no significant risk exposure to the stable currency exchange rate, and the dollar funds are not affected Analysis based on this information:Kraken, a prominent cryptocurrency exchange, recently issued a warning to its users about the need to strengthen diversification and self-hosting. In a tweet, Kraken stated that its dollar funds were safe, but recent events had highlighted the importance of being prepared for unexpected fluctuations. The warning came…
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The downfall of Silvergate Cryptobank
It is reported that Bloomberg analyzed the reasons for the closure of Silvergate, a cryptobank, in its latest report, including lack of diversification, term m…