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- Kava Chain and DWF Labs Establish Strategic Partnership|Cryptocurrency Trends
Kava Chain and DWF Labs Establish Strategic Partnership|Cryptocurrency Trends
John, Bitget Research
2023/11/16
1.Mainstream Exchange Trends:
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HashKey Exchange has opened withdrawals for Cosmos (ATOM) and will list the ATOM/USD trading pair on November 17 at 16:00 GMT.
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HashKey Exchange announced a token listing fee policy with an expected range of $50,000 - $300,000.
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Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC+8)
Bitget listed
Neutron (NTRN) — November 15, 7:00 AM, and scheduled RATS (RATS) — available soon.
2.Cryptocurrency Trends:
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Institutional demand for Bitcoin via Exchange Traded Products (ETPs) has grown dramatically over the past month, up to a record 27,095 BTC, according to a report by K33 Research.
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Cross-chain infrastructure protocol Axelar (AXL) recently implemented a proof-of-concept (POC) program with Onyx, a digital asset platform owned by JPMorgan Chase, and Apollo, an alternative asset manager.
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The Cosmos Hub community is voting on the 'ATOM Halving: Set the max. Inflation Rate to 10%’ proposal, which seeks to reduce the maximum inflation parameter from 20% to 10% and reduce staking APR from 19% to 13.4%;
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Kava Chain and DWF Labs have entered into a strategic partnership aimed at accelerating the growth of the Kava DeFi ecosystem, specifically its decentralized trading platform.
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For the first time in more than a year, the crypto market has seen a net inflow of funds via stablecoin or dollar-pegged assets, according to data from blockchain analytics firm Glassnode.
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According to CME's FedWatch, the probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% this week is 98.4%, and the probability of a 25 basis point interest rate hike to the range of 5.50%-5.75% is 0.0%.
3.Financing Trends:
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VersiFi, a digital asset brokerage firm, announced a $10 million funding round from Hunting Hill Global Capital.
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Kinto, an Ethernet Layer2 network, closed a $3.5 million funding round led by Kyber Capital Crypto, Spartan Group, and Parafi.
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Binance Labs has announced an undisclosed investment in crypto data tracking platform, Arkham’s ARKM token.
4.Regulatory Trends:
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The Monetary Authority of Singapore (MAS) announced that it is working with the financial industry to expand its asset tokenization program and expand its underlying capabilities to drive scale in the tokenization market.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.