Month: June 2020
The past few weeks have seen so-called “yield farming” gain popularity throughout the Ethereum ecosystem. Yield farming, in short, is the act of maximizing the yield one makes via decentralized finance (DeFi) applications. So far, yield farming has arguably been a good thing for the
This week a number of Kleiman v. Wright lawsuit depositions have published and are now available for public viewing. One specific deposition with the former Bitcoin Core lead maintainer, Gavin Andresen, casts doubt on the claim that Wright is Satoshi Nakamoto. Moreover, the Bitcoinsv supporter
Chainlink’s technological capabilities are in-demand this year, with its blockchain seeing increased adoption this year courtesy its scalable smart contracts, oracles, and verifiable randomness function (VRF) features. NFTs and Chainlink On June 29, the firm said Polyient Games, a venture fund
The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K. Several forecasting models have predicted that the price of bitcoin will reach $20K this year and the next bull run […]
By Elizabeth Low and Grant Smith on 6/29/2020 SYDNEY (Bloomberg) –Oil steadied in New York as the boost from a weaker dollar offset concerns that the resurgence of coronavirus will crimp fuel demand. Futures held above $38 a barrel, recouping earlier losses of 2.6% as the slide in the
In preliminary readings, Germany CPI rose 0.6% mom in June, above expectations of 0.3% mom. Annually, CPI accelerated to 0.9% yoy, up from 0.6% yoy, beat expectation of 0.6% yoy. Looking at some details, goods CPI rose 0.2% yoy. Goods including energy dropped -6.2% yoy. Goods including food
Eurozone Economic Sentiment Indicator rose to 75.7 in June, up form 67.5, but missed expectation of 80.0. Nevertheless, the +8.2pts rise was still the largest month-on-month increase on record. ESI has recovered some 30% of the combined losses of march and April. Looking at some details,
The S&P 500 Futures are rebounding after Friday sharp decline as indices were dragged down by financial stocks which were market leaders in the prior session. The Dow Jones Industrial Average plunged 730 points (-2.84%) to 25015, the S&P 500 sank 74 points (-2.42%) to 3009, and
Sterling tumbles broadly today, appeared to be weighed down by UK Prime Minister Boris Johnson’s plan to double down on public investments. The selloff is particularly apparent against Euro, as the latter was lifted mildly by improvements in Eurozone confidence indicators, and better than
GMT Ccy Events Actual Forecast Previous Revised 23:01 GBP GfK Consumer Confidence Jun -30 23:30 JPY Unemployment Rate May 2.80% 2.60% 23:50 JPY Industrial Production M/M May P -5.60% -9.80% 01:00 CNY Manufacturing PMI Jun 50.4 50.6 01:00 CNY Non-Manufacturing PMI Jun 53.3 53.6 01:00 NZD ANZ