BNB Chain to boost European Web3 startups with DApp incubator program
The incubator program focuses on EU-based startups building the next generation of Web3 consumer experiences with an emphasis on accessibility and scalability.
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The incubator program focuses on EU-based startups building the next generation of Web3 consumer experiences with an emphasis on accessibility and scalability.
Markets corrected as U.S. jobs data reflected a stubbornly robust labor market, adding further confirmation to investors’ belief that the Federal Reserve will continue with its aggressive rate hikes.
Equities markets have extended their decline, but Bitcoin and select altcoins have not given up much ground, leading some traders to believe that the bottom is in.
BTC price caught a bid, leading to a similar-sized boost in select altcoins, but on a macro level, $20,000 remains a strong overhead resistance.
Bitcoin and altcoins appear to be ignoring the headline of the U.S. dollar index soaring to a 20-year high as the British pound plummets to a record-low against DXY.
The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95…
The strength of the U.S. dollar continues to negatively impact risk assets, but that did not prevent Bitcoin and select altcoins from staging a few strong rallies this week.
Bitcoin and altcoins rallied ahead of the Fed’s rate hike decision, indicating that traders viewed the 0.75% rate hike as a “priced-in” event.
Uncertainty over the Federal Reserve’s upcoming rate hike is keeping Bitcoin and altcoins under pressure. This could change if the expected 0.75% bps hike is selected.
Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin and altcoin prices.