{ }
Institutional investors are cautiously exploring decentralized finance (DeFi), facing challenges such as technological, security, and regulatory risks. A survey reveals that over 50% prioritize high-yield products, while concerns about smart contracts and operational risks persist. Despite lower regulatory uncertainty, compliance costs hinder innovation, as institutions seek risk-adjusted yield solutions to enhance performance.
The PUK report on the Credit Suisse debacle fails to address the critical issue of character, attributing the bank's downfall more to a toxic mindset than to insufficient capital. Key figures, including Chairman Urs Rohner, exemplified a culture of greed and recklessness, leading to disastrous consequences. The report highlights systemic failures by regulatory bodies but overlooks the profound impact of leadership on the bank's fate.
The latest performance report highlights significant variances across sectors, with PCB leading at 11.39% and consumer goods at 7.78%. In contrast, the automotive sector and telecoms show declines of -1.97% and -2.22%, respectively, while pharmaceuticals and energy face steep drops of -14.46% and -32.22%. In the banking sector, Commerzbank is rated positively, while Deutsche Bank is under observation due to high volatility. Year-to-date, Erste Group has surged by 60.3%, contrasting sharply with Sberbank's staggering -72.73% decline.
Concerns about a potential stock market crash in 2025 are growing, with bearish predictions circulating amid economic uncertainties. While extreme downturns are inevitable, timing them is challenging, and investors are advised to prepare by building cash reserves to capitalize on future buying opportunities. Historical examples show that reacting to predictions can lead to missed gains, emphasizing the unpredictable nature of the market.
BVNK has raised $50 million in a Series B funding round to expand its stablecoin operations into the US, targeting San Francisco and New York City. Meanwhile, Coinbase faces a $1 billion lawsuit from BiT Global over its delisting of Wrapped Bitcoin, which BiT alleges is an anticompetitive move. Additionally, Deutsche Bank is developing a layer-2 blockchain on Ethereum to enhance compliance in regulated finance, while Tether's USDT continues to be traded across European exchanges despite Coinbase's delisting.
Deutsche Bank is developing a layer-2 blockchain solution for Ethereum to tackle regulatory challenges faced by financial institutions using public blockchains. This initiative, part of Project Dama 2 under Singapore's MAS Project Guardian, aims to mitigate risks such as transaction validation and fees to sanctioned entities. The bank plans to launch a minimum viable product next year, allowing for a curated list of validators and enhanced regulatory oversight.
Ethereum has seen over 7.8 million ETH withdrawn from Binance, contributing to a total of 20.8 million ETH leaving centralized exchanges in two months. Despite this reduction in supply potentially signaling future price appreciation, ETH's price has struggled, currently sitting at $3,858, down 21.1% from its all-time high. Technical indicators suggest a possible short-term decline, with analysts predicting a drop to $3,400, while key support levels are identified at $3,200 and $3,000.
Ethereum is poised for significant adoption, bolstered by institutional interest and expanding Layer 2 solutions, despite a challenging year compared to Solana and Bitcoin. Institutional investments, particularly in Ethereum ETFs, have surged, indicating strong demand and potential for growth ahead of 2025. Analysts predict Ether's price could rise to between $10,000 and $12,000, driven by its foundational role in the crypto ecosystem and increasing utility among major companies.
Ethereum is experiencing a significant outflow, with 7.8 million ETH withdrawn from Binance as part of a larger 20.8 million ETH exodus from exchanges, indicating potential long-term accumulation by holders. Currently trading at $3,858, ETH shows weaker performance compared to Bitcoin, with technical indicators suggesting a possible drop to support levels around $3,400. Meanwhile, Deutsche Bank is entering the Ethereum ecosystem with plans for a ZKsync layer-2 solution, highlighting the growing intersection of traditional finance and cryptocurrency.
Deutsche Bank is developing a compliance-driven layer-2 blockchain solution on Ethereum using ZKsync technology, aimed at addressing regulatory challenges in financial systems. Part of Project Dama 2, it will enhance transaction efficiency while ensuring oversight for regulators. A minimum viable product is expected by 2025, pending regulatory approval.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.