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Nalezeno "Market Conditions": 86

Bancor Pauses Protection Mechanism Due to ‘Hostile Market Conditions’


  The decentralized finance (DeFi) protocol Bancor (BNT) said it has paused its impermanent loss (IL) protection mechanism due to what it calls “hostile market conditions.” In an announcement published on Monday, the team behind Bancor said that impermanent loss protection has been “temporarily...

Crypto Lending Company Blockfi Cuts Staff by 20%


On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince...

Bitcoin Price Outlook for June — Market Conditions Show Uncertainty


Ten days into June, bitcoin continues to trade lower, with prices hovering close to a twelve-month low. Despite this, there continues to be optimism around potential rallies in price over the next few weeks. Overall, there is still a lot of uncertainty in the market, with the potential for either...

Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble


A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions...

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