Day: April 22, 2025

DeFi: Explore the Role of Decentralized Finance in Digital Economy

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Decentralized finance(DeFi) is gradually overtaking the global financial system in terms of borrowing, investing, and banking. What is DeFi and its role in the digital economy?

 

Decentralized finance (DeFi) refers to a modern financial system that is set to replace the role of the traditional financial system. The roles include banking, brokering, investing, and borrowing. Built on blockchain technology, DeFi replaces the need for trusted middlemen in financial agreements.

Smart contracts play the role of traditional custodians like banks, ensuring contract terms stay unchanged using blockchain capability and executing the contract on maturity. People can engage in the mentioned financial activities from anywhere and at any time across the globe.

So, what are the trends in DeFi?

Using self-executing code in handling transactions, platforms such as Aave, Uniswap, and Compound offer users DeFi services. Users can borrow loans, earn interest on staked tokens, and trade tokens anywhere at any time.

DeFi emerged in 2018, pioneered by the Ethereum blockchain, and has ever since seen growing interest from investors and regulators.  DeFi could see exponential growth over the next decade as crypto adoption grows.

 

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partyushgoyal

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Dutch Bank ING Alleged to Develop Stablecoin under MiCA Regulation

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ING, the Dutch banking giant, could be diving into the crypto market by launching its stablecoin under the MiCA regulatory framework.

 

Stablecoin market has seen a rising interest from traditional financial institutions seeking to expand in the borderless crypto market. In a bid to stay competitive in a fast-evolving payment service industry, the Dutch banking giant, ING, has left the market overwhelmed by its moves.

 

According to CryptoRover on X (formerly Twitter);

DUTCH BANK ING IS REPORTEDLY DEVELOPING A NEW STABLECOIN IN COLLABORATION WITH TRADITIONAL FINANCE AND CRYPTO FIRMS!

 

 

This move reveals how stablecoins are entering the mainstream financial sector alongside Bitcoin, a sign of growing crypto adoption. With the MiCA regulation framework going “tough” on the digital assets market, big players like ING might push for favourable market policies in the future.

ING’s potential entry into the stablecoin market could catalyze a rapid growth of the digital asset market in Europe, boosting crypto adoption in the region.

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partyushgoyal

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DOGE: Assessing Dogecoin’s Breakout above THIS Key Level

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Dogecoin has broken above the $0.1570 key level on its falling wedge channel. With trading volume surging, is $0.2000 DOGE’s next target?

 

Dogecoin has surged 1.5%, with a 10% increase in trading following a breakout above its falling wedge pattern, at press time. The memecoin has been trading in a falling wedge pattern formation on the 12-hour chart for the first quarter, 2025.

Looking at the chart, DOGE has tested its horizontal key support zone and demand zone, around $0.1550.Following this, DOGE has seen a price reversal, breaking past the $0.1570 key resistance level on its descending trendline.

Source: X

 

Key level to watch

Technical analysis hint at $0.2000 as DOGE’s next target, a previous key resistance level. If Dogecoin’s bulls step in with a high buying pressure, the memecoin could be poised for an uptrend rally in the short-term. With MACD (12,26) and short-term moving averages signalling “buy” the memecoin’s momentum could be gaining strength following the breakout.

 

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partyushgoyal

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Bitcoin ETFs Receive Largest One-Day Inflow in 3 months

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Bitcoin ETFs have recorded their biggest single-day inflow in the past 3 months with a $381 million boost.

 

Bitcoin ETFs have become popular among traditional investment corporations following favourable crypto policies. Institutional interest is rising, as evidenced by a $381 million ETF inflow in the past 24 hours.  According to The Bitcoin Historian : 

 

BITCOIN ETFs SEE $381 MILLION IN INFLOWS – THE BIGGEST 1 DAY SURGE IN 3 MONTHS. BULLISH.

 

The market sentiment towards Bitcoin reserves has shifted in Q1 2025.  Many top government officials have started advocating for BTC reserves as hedges against economic uncertainties and wars. Similarly, global companies’ executives are eyeing BTC for their investment portfolio. The media is also changing its stance on crypto.

Belarus State TV highlighted that the nation’s energy production should be converted to BTC if the country is unable to store it. This indicates a shift in the mainstream media that was once against cryptocurrencies. The market could expect capital inflow as BTC eyes the psychological $100k mark in the next few weeks.

 

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Why JPool’s Liquid Staking Model Could Transform Solana and DeFi Forever

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Liquid staking is a major medium through which investors interact with proof-of-stake (PoS) networks. Ethereum introduced this staking option to crypto, but Solana is quickly becoming a great network for it to grow further, with platforms like JPool helping to drive this change.

JPool offers users a flexible way to stake their SOL tokens. Participants receive JSOL, a token that reflects their staked amount when staking on this platform. Unlike traditional methods that lock up assets for weeks or months, JSOL can be easily moved, traded, or used in DeFi strategies. 

JPool stands out because it offers high-staking rewards. While many staking services provide only 2-5% returns, JPool uses smart strategies to offer up to 28% annual percentage yield (APY).

Furthermore, JSOL is joining Solana’s DeFi ecosystem. It is working with platforms like Meteora, Save Finance, Raydium, Solayer, Saber, and Orca. These partnerships will likely increase, leading to new opportunities for margin trading, borrowing, and advanced compounding strategies.

JPool has more than 1.16 million SOL in total value locked. This means JPool could be a major player in this crypto sector, shaping its future on Solana.

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