Algorithmic Ratings & Investment Analysis
©ARIA 2025
by aria-crypto.com
November 29, 2024 at 14:27
BlackRock Dives into DeFi with $533 Million Investment in Curve Finance
BlackRock has launched a significant foray into decentralized finance (DeFi) by partnering with the altcoin Curve (CRV), which is prominently listed on Binance. This collaboration will involve BlackRock's $533 million BUIDL fund, emphasizing the integration of institutional funds into the DeFi sector through Elixir and Curve Finance platforms. Curve Finance is recognized as a leading decentralized exchange for stablecoin trading, primarily acting as a central liquidity hub for USD and various stablecoins. BUIDL fund's involvement allows token holders to mint a yielding synthetic dollar, known as USD, without compromising their initial investment returns. With this move, BlackRock enables up to $1 billion from institutional real-world asset holders to enter the DeFi space. Following the announcement, there was a noticeable rise in the market price of CRV, underscoring the positive market reception. This partnership indicates a strong future for institutional engagement in cryptocurrency through DeFi platforms.
In a significant turn of events, the giant cryptocurrency exchange Bitfinex has announced its withdrawal from the Turkish market. This decision comes amid stringent regulatory requirements imposed by the Capit...
The ongoing conflict between Israel and Iran is significantly affecting the cryptocurrency markets, particularly Bitcoin. Recent data reveals that US spot Bitcoin exchange-traded funds (ETFs) recorded over $41...
29 minutes ago
The ongoing rivalry between leading altcoins Ethereum (ETH) and Solana (SOL) has taken a new turn. Cantor Fitzgerald, a prominent investment bank affiliated with the US Commerce Secretary, has publicly express...
2 hours ago
Coinbase CEO Brian Armstrong is advocating for the United Kingdom to accelerate the establishment of comprehensive crypto regulations. His recent meetings with UK officials highlight the urgency in solidifying...
As the market awaits the Federal Reserve's decision regarding interest rates, Bitcoin and various altcoins are exhibiting notable volatility. Recent geopolitical tensions, particularly between Israel and Iran,...
4 hours ago
OKX has announced the launch of fully compliant centralized crypto exchanges in Germany and Poland. These new platforms will enable users in both countries to trade a diverse range of over 270 digital assets. ...
As regulatory discussions surrounding stablecoins in the US accelerate, Chainlink's CEO Sergey Nazarov envisions a transformative period for digital assets. He believes that clearer regulations will foster the...
6 hours ago
B3, Brazil’s leading stock exchange, has officially launched trading for futures contracts on Ethereum and Solana. This marks a strategic move to offer a wider range of altcoin futures, demonstrating the excha...
11 hours ago
The U.S. IPO market is experiencing a resurgence, driven by strong interest from crypto and tech firms. As Bitcoin gains recognition as an alternative store of value, skepticism surrounding U.S. Treasuries is ...
13 hours ago
Affluent has officially launched as the first native DeFi lending app integrated within Telegram, powered by The Open Network (TON). This innovative platform provides users with access to lending pools and cry...
19 hours ago
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