Solana

DeFi

Read

<ul>
 <li>Binance’s Weekly Recap covers macro trends, ETF delays, and L1/L2 developments.</li>
 <li>Highlights include Fidelity’s ETH ETF, Solana’s DEX surge, and NFT sales.</li>
 <li>Stay informed with Binance’s comprehensive market insights and updates.</li>
</ul>
<p><a href="https://www.binance.com/" target="_blank" rel="noopener noreferrer nofollow">Binance</a>, one of the leading cryptocurrency exchanges, has released its Weekly Market Highlights, providing a comprehensive overview of recent developments in the crypto space. What can we expect in the coming week?</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">As we head into a new week, let’s recap the last few days. The Weekly Market Highlights is an initiative from the <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> Research team to round up the week, summarizing key market events and views from the team.<br><br>Let's get the ball rolling <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— Binance Research (@BinanceResearch) <a href="https://twitter.com/BinanceResearch/status/1771884019765973502?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 24, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The recap begins with insights into macroeconomic and traditional finance (TradFi), with Japan’s Government Pension Investment Fund <a href="https://cryptonewsland.com/japan-embraces-bitcoin-dip-pension-fund-holding-1-43t-considers-adding-bitcoin/" target="_blank" rel="noopener noreferrer nofollow">expressing interest in assets like Bitcoin</a>, gold, forests, and farmland. Additionally, the SEC has delayed decisions on Hashdex and Ark 21 Shares ETH spot ETFs to May 30 and May 24, respectively.</p>
<p>In the realm of TradFi, Fidelity Asset Manager updated its <a href="https://cryptonewsland.com/the-secs-calculated-wait-unpacking-the-extension-on-grayscales-ethereum-etf-application/" target="_blank" rel="noopener noreferrer nofollow">spot ETH ETF application</a> to include provisions for staking Ether. Meanwhile, BlackRock launched its first tokenized fund on Ethereum, allowing investors to earn yield while holding tokens on the blockchain.</p>
<p>Transitioning to Layer 1 and Layer 2 (L1/L2) developments, BNBCHAIN unveiled its ‘<a href="https://www.bnbchain.org/en/blog/introducing-bnb-chains-airdrop-alliance-program" target="_blank" rel="noopener noreferrer nofollow">Airdrop Alliance Program</a>’, aiming to boost awareness of BNB Chain projects. Starknet revealed its 2024 roadmap, outlining plans for parallel execution. Solana experienced a surge in DEX trading volumes, driven by memecoin trading.</p>
<p>The recap also touches on stablecoins, NFTs, gaming, and other sectors. Frax Finance progressed with reinstating a protocol fee switch, while the second most expensive CryptoPunk was sold for 4,850 ETH. Immutable and King River Capital launched a US$100M “‘nevitable Games Fund’, and Grab partnered with Triple A to enable cryptocurrency payments in Singapore.</p>
<p>Interested readers can find more insights on the Binance Research website. This comprehensive recap underscores Binance’s commitment to keeping users informed about the latest market trends and developments.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/skyline-digital-makes-tradfi-accessible-on-web3/" rel="noopener noreferrer nofollow">Skyline Digital makes TradFi accessible on Web3</a></li>
 <li><a href="https://cryptonewsland.com/blockfi-ceo-irked-by-celsius-voyager-comparison/" rel="noopener noreferrer nofollow">BlockFi CEO Irked by Celsius, Voyager Comparison</a></li>
 <li><a href="https://cryptonewsland.com/crypto-analyst-predicts-bitcoin-btc-to-flow-soon/" rel="noopener noreferrer nofollow">Crypto Analyst Predicts Bitcoin (BTC) to Flow Soon</a></li>
 <li><a href="https://cryptonewsland.com/comparing-bitcoin-btc-2019-and-2023-rally/" rel="noopener noreferrer nofollow">Comparing Bitcoin (BTC) 2019 and 2023 Rally</a></li>
 <li><a href="https://cryptonewsland.com/solana-sol-vs-cardano-ada-investment-which-one-will-you-buy/" rel="noopener noreferrer nofollow">Solana (SOL) vs Cardano (ADA) Investment, Which One Will You Buy?</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/binance-research-compares-recent-performance-of-tradfi-vs-defi/" rel="noopener noreferrer nofollow">Binance Research Compares Recent Performance of TradFi vs DeFi</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Binance Research Compares Recent Performance of TradFi vs DeFi

Crypto News Land

Другие статьи, опубликованные 25 мар. 2024 г.

Ethereum Price Could Regain Strength If It Clears This Key Hurdle

Bitcoin ETFs could soften BTC price retracement before the halving

Bitget Lists TON Fish (FISH), an innovative memecoin on TON Blockchain (25 Mar)

Dogecoin Price: Why Meme Coin Rally Could Begin And End With DOGE In 2024

SEC has Done It Again: Postponement of Grayscale Ethereum ETF

Emin Gün Sirer issues warning: Trash L2s emerging to fill SBF void

Join our free newsletter for daily crypto updates!