Aurelia Butler

The pioneering company behind Usual, Usual Labs, an innovative protocol bridging traditional and decentralized finance (DeFi) through its first USD0 stablecoin, is thrilled to announce the commencement of its public pre-launch phase. This milestone follows a fruitful private launch, during which Usual Labs secured an impressive $75 million in Total Value Locked (TVL) commitments from over 180 prominent DeFi leaders and investors within a month.USUAL stands as a secure, transparent, and decentralized Tether, redistributing ownership and value through the USUAL token. As a Real World Assets (RWA) infrastructure, it aggregates RWA and bridges it with DeFi liquidity, ensuring RWA composability and integration within DeFi. USUAL’s design guarantees safety, transparency, and verifiability, offering infinite scalability. Serving as an alternative to fiat-backed systems, USUAL redistributes value and ownership to the community, which owns the infrastructure, including Tether/Circle.The USD0 stablecoin is set to challenge industry giants and establish itself as the leading DeFi-native stablecoin, offering users a secure, community-owned alternative to traditional financial systems.The successful private launch and the substantial TVL commitments from leaders in the web3 space, including Sam Kazemanian from Frax Finance, James Ross from Mode, Michael Egorov from Curve, and many others, demonstrate the industry’s growing confidence in Usual’s potential to revolutionize the financial landscape and challenge its key pain points. This phase was crucial in validating Usual’s vision and establishing its position as a leader in the next generation of financial solutions.Usual Labs is thrilled to advance towards its public launch in Q4 2024, inviting the broader community to join and participate in reshaping the future of finance.This public pre-launch phase will last for four months, giving participants the opportunity to be part of the airdrop scheduled for Q4 2024.About Usual LabsUsual Labs is the company behind Usual, an innovative protocol that bridges the gap between traditional and decentralized finance through the USD0 stablecoin. Founded in 2022 by Pierre Person, Adli Takkal Bataille, and Hugo Sallé de Chou, Usual Labs is committed to creating a more equitable, transparent, and community-driven financial ecosystem. With strong backing from industry leaders and a significant TVL, Usual is poised to revolutionize the world of stablecoins.ContactM Group Strategic [email protected] article was originally published on Chainwire More

This piece of advice is consistent with Walter Diemer’s strategy, which focuses on identifying what to give up rather than what to gain.Bollinger’s wisdom today is especially relevant in current market, which is saturated with a huge number of financial instruments. And especially in the cryptocurrency one, given its state. There are currently more than 2.4 million different crypto assets with a total market capitalization of $2.14 trillion. Given this, and the fact that the sheer number of assets can be overwhelming for investors, Bollinger’s advice on optimizing portfolios can be very relevant.In his latest analysis, the trader predicted further consolidation of the major cryptocurrency following the reversal of two candles on the lower Bollinger band. This prediction came true as Bitcoin initially turned around and rose 4.73%. However, shortly after this, there was a significant drop in the price of the main cryptocurrency, which fell by 16.21% from $64,000 to $53,500 per BTC.This article was originally published on U.Today More

Bybit, the world’s second-largest crypto exchange by trading volume, continues to lead the digital asset revolution with CEO Ben Zhou’s influential presence at the Point Zero Forum 2024 in Zurich, Switzerland. This prestigious annual event brings together visionaries in finance, policy, and technology to shape the future of global financial systems.During the session titled “Bridging Finance: How Digital Assets Enhance Financial Services and Vice Versa,” Zhou emphasized the critical role of user experience and familiarity for mainstream crypto adoption. Bybit, he explained, prioritizes building user-friendly interfaces that bridge the gap between traditional finance and the innovative world of crypto.Empowering the Future of FinanceZhou highlighted the transformative potential of crypto for developing economies. In regions where financial systems are still under construction, crypto adoption is skyrocketing, and Bybit is actively collaborating with local players to integrate crypto seamlessly.Pioneering Real-World Asset IntegrationZhou also shed light on the exciting advancements blurring the lines between traditional and digital assets. He pointed to the recent launch of Hong Kong’s Bitcoin ETF, allowing crypto holders to leverage their assets for real-world applications like homeownership without selling their holdings.Bybit is actively involved in projects exploring Real World Asset (RWA) tokenization, unlocking the value of traditional assets for crypto users. This two-way bridge fosters innovation and empowers both sides of the financial landscape.Driving Competitive InnovationZhou underscored the inherent competitive drive pushing traditional players to embrace crypto. The future of finance is undeniably intertwined with Web3 technology, and those who fail to adapt risk losing ground. Bybit actively engages with regulators worldwide, recognizing the diverse approaches and the emerging competition among regulatory bodies.The recent positive signals from Hong Kong, with its licensing regime for crypto businesses, illustrate this shift. The focus, Zhou concluded, should not be on incentivizing adoption, but on embracing technology and fostering a collaborative and secure environment for innovation.Leading the Financial EvolutionBybit stands at the forefront of this transformative era, committed to building bridges between established financial systems and emerging digital assets. This dedication accelerates the creation of a more inclusive and efficient global financial ecosystem, embodying Bybit’s vision of a synergistic financial future.#Bybit / #TheCryptoArk / #BybitWeb3About BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 33 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle (NYSE:ORCL) Red Bull Racing team.For more details about Bybit, please visit Bybit Press. For media inquiries, please contact: [email protected] more information, please visit: https://www.bybit.comFor updates, please follow: Bybit’s Communities and Social MediaContactHead of PRTony [email protected] article was originally published on Chainwire More

Increased interest in and activity on the Bitcoin market can be inferred from the spike in trading volume. Significant price changes, whether upward or downward, are frequently preceded by higher volumes. The increase in trading volume in this instance indicates that there may be a resurgence of interest and room for price movement for Bitcoin.Institutional investors’ restored confidence may be one of the main causes of this spike in trading volume. Larger market participants have made sizable investments in a number of altcoins over the last few weeks.This capital inflow has probably helped to create a positive atmosphere that has permeated Bitcoin trading as well. Moreover, a possible bullish trend is also supported by the technical indicators for Bitcoin, as of right now. As it moves out of the oversold area, the relative strength index or RSI, is beginning to recover.The market is feeling more optimistic now that it has surpassed $3,000. Ethereum may be showing signs of renewed confidence from buyers if it can break through this psychological barrier. However, this confidence is not unwavering, particularly given the impending 200 EMA resistance.A popular technical indicator, the 200 EMA frequently serves as a strong resistance or support level. At this point, Ethereum’s trajectory could either sharply increase or completely reverse. The current state of Ethereum is influenced by various factors. First, there is a slow but steady improvement in market sentiment overall. Ethereum’s price action has been positively impacted by the recent spike in Bitcoin volume and institutional interest in altcoins.Because of its wide range of applications and vibrant developer community, Ethereum continues to be a valuable asset for institutional investors, who are diversifying their holdings. On-chain metrics also point to a cautiously optimistic mixed picture.It appears that the selling pressure may be abating as the Relative Strength Index (RSI) for Ethereum has left the oversold area. The market is still cautious, even though buyers are entering the market, as seen by the lack of a noticeable increase in trading volume. The larger macroeconomic environment is another important factor to take into account. There has been a discernible rise in the quantity of significant Toncoin transactions, according to recent data. The number of large transactions has increased over the last week, suggesting increased activity among major holders. In particular, there have been nine significant transactions in the last 24 hours, totaling 359,000 TON. Whale activity has increased, which indicates that investors are very optimistic about Toncoin’s future. The overall transaction volume of TON has been exhibiting notable fluctuations in terms of volume. On July 6, 2024, the seven-day high was 962,000 TON, and on July 7, 2024, the low was 52,000 TON. This variation suggests that whales are buying more tokens during price drops, probably in the hope that the price will rise in the future. The underlying whale activity has been mirrored in the movement of the price of Toncoin.Price resilience is demonstrated by its ability to bounce back from recent lows and hold a position above important support levels. Because they show important levels of support and resistance, the 50 EMA and 100 EMA are important indicators to keep an eye on. After recently hitting a low of about $7.09, TON is currently trading at around $7.28.This article was originally published on U.Today More